Nature Conservancy Expands Team Overseeing $4 Billion Portfolio

The Nature Conservancy, the US-based conservation nonprofit that’s led a number of debt-for-nature swaps, said it’s expanding a team that’s overseeing a portfolio of more than $4 billion in nature-bas...

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EBRD Seeks Buyers for Bundled Loans, Starting With €200 Million

The European Bank for Reconstruction and Development is looking for investors to buy packages of insured loans, as it explores new ways to leverage its balance sheet.

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The Forest That Could Decide Africa’s Future

Funding is being sought for more studies on a key carbon sink.

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Africa’s Congo Basin, Vital to Earth’s Climate, Is Critically Understudied

To fill the knowledge gap, scientists hope to fund 1,000 African researchers to pursue PhDs on the basin, which is as important for the planet as the Amazon.

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Anglo Said to Be in Talks to Sell De Beers for About $1 Billion

Anglo American Plc is discussing a deal worth about $1 billion to sell its De Beers diamond business, just a fraction of what the one-time diamond monopoly was once worth.

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Top Off-Grid Solar Firm Targets 1.5 Million Malagasy Customers

Sun King, the world’s largest off-grid solar company, plans to sell products in Madagascar and targets connecting 1.5 million customers by 2030.

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China Bolsters its Influence Over Africa’s Youth, Survey Shows

Perceptions that China is the foreign power that wields the most positive influence on Africa’s youth have strengthened, a biennial survey showed, while nations ranging from Germany and the UK to Indi...

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Governance Gap Leaves Johannesburg $12 Billion Behind Cape Town

A divide in governance between South Africa’s two biggest cities has opened up a gap of at least $12 billion in commercial property values between Cape Town, the leader, and Johannesburg.

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The Real Reason Russia Is Wooing an African Island Nation

Madagascar sits on the Mozambique Channel, through which a third of the world’s crude oil passes.

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South Africa’s Vision as Continental Leader Is Vanishing Fast

The image of “Afrophobia” spurred by expulsions and protests is harming the country’s image.

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Oil Firms Warn Madagascar Plan May Spark Trade in Russian Fuel

A group of companies including TotalEnergies SE warned that Madagascar’s plans to nationalize fuel imports could put them and their customers at risk of trading and using sanctioned oil.

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PIDG to Launch $100 Million Guarantee Firms Across India, Africa, Vietnam

The Private Infrastructure Development Group, which is owned by some of the world’s richest countries, aims to set up local currency guarantee firms across Africa and Asia with a combination of equity...

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In Peak Shark Season, a South African Beach Warning System Is Idle

The waters shared by bathers and great whites off Plettenberg Bay, one of South Africa’s most popular beach resorts, are going unmonitored during the peak shark season when the world’s biggest predato...

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Reality Prevails in a Fading Diamond Market

Botswana tempers its ambitions of controlling De Beers.

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Octopus-Backed MOPO Partners Nigeria in $75 Million Battery Plan

MOPO, an Africa-focused battery rental company backed by Octopus Energy Group Ltd., said it’s signed an agreement with Nigeria to facilitate a $75 million expansion of its activities in Africa’s most ...

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Botswana Says Citizens Recruited for Russia War at Alarming Rate

Botswana’s Ministry of International Relations said a rising number of citizens are being coerced into fighting for Russia in its war against Ukraine.

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Anglo Has Chosen a Preferred Bidder for De Beers, Botswana Says

Anglo American Plc has chosen a preferred bidder for its sale of De Beers, a Botswanan cabinet minister said.

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UK Backs $400 Million AfDB Loan for South Africa Climate Push

The African Development Bank approved a $400 million loan for South Africa and the facility will be guaranteed by the UK as part of its contribution to a climate finance pact between the continent’s l...

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Acumen Attracts $90 Million for African Agribusiness Fund

The Acumen Resilient Agriculture Fund said it has attracted an additional $90 million for investment in climate-resilient agriculture businesses in Africa.

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World’s Biggest Climate Fund Frees Up $4 Billion Using Leverage

The world’s largest state-backed climate fund is freeing up billions of dollars in lending capacity by drastically reducing the amount of capital it intends to hold going forward.

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South Africa Treasury to Cut Johannesburg Funding Over Wage Bill

South Africa’s National Treasury will withhold state funding for Johannesburg and dozens of other municipalities this month over their failure to manage their finances properly.

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Hedge Fund Veterans Are Accelerating a Major Shift in Development Finance

A group of hedge fund veterans is helping drive a fundamental shift in how to generate financing for developing nations.

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Biggest Africa Solar Mini-Grid Firm Plans $650 Million Expansion

WeLight, which operates more solar mini-grids in Africa than any other company, is planning a $650 million expansion to grow the number of people it serves 10-fold as its expands into countries with t...

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South Africa Loses Case to Prevent Export of Rhino Horns

The South African government’s appeal to overturn a ruling allowing the export of horns from captive rhinos was dismissed by the Northern Cape High Court on Friday.

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How ‘Afrophobia’ Is Unraveling South Africa’s Post-Apartheid Vision

Anti-migrant protests are fracturing communities at home while straining South Africa’s ties with the rest of Africa.

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StanChart Targets Mid-Sized African Companies for Debt Sales

Standard Chartered Plc said a $50 million green bond it placed last month for a solar home system financier opens the way for a slew of debt sales by mid-sized African companies.

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Johannesburg Struggles to Keep Lights on But Repays Bondholders

The City of Johannesburg, which is on the verge of financial collapse, put investors at the front of its queue of creditors this week when it repaid a 1.44 billion rand ($88 million) bond.

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Rats in the Chamber Show Johannesburg’s Decline

South Africa’s largest and most important city is “essentially bankrupt.”

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Rats in the Chamber Show Johannesburg’s Decline

South Africa’s largest and most important city is “essentially bankrupt.”

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