Financials and Investment News in South Africa

IFC Invests in the City of Cape Town to Boost Infrastructure and Inclusive Economic Growth
8/23/2024 - IFC today announced an investment in the City of Cape Town Metropolitan Municipality's infrastructure investment program to improve access to quality basic services for its population, especially low-...
IFC Vice President for Africa, Sérgio Pimenta, Visiting South Africa
8/21/2024 - Sérgio Pimenta, IFC's Vice President for Africa, is visiting South Africa this week from August 21 to August 23 to highlight IFC's commitment to supporting private sector development and job creation ...
AFDB’s SEFA for Africa approves $10m contribution to KawiSafi II clean-energy Fund
8/12/2024 - African Development Bank Group’s Sustainable Energy Fund for Africa approves $10 million contribution to KawiSafi II clean-energy Fund
SEFA is continuously investing in clean and affordable energ...
Africa’s Energy Sector to Litigate Banks & Financiers for Financial Apartheid in Oil and Gas Sector
8/8/2024 - The withdrawal of Western financial support from Africa’s oil and gas sector, coupled with delays in key projects due to lack of investment, threatens to undermine the continent’s energy development a...
Premier Invest Highlights Milestone Oil & Gas Financing Partnership with Shell
7/11/2024 - As an African-owned investment banking and advisory firm, Premier Invest is aiming to bridge Africa’s oil and gas financing gap through strategic partnerships in the sector.

Rene Awambeng, Ma...
Tower Resources Announces Issue of Warrants to Directors
7/1/2024 - Tower Resources plc, the AIM listed oil and gas company with its focus on Africa , announces the following issue of warrants to Directors and a consultant to the Company in lieu of fees.

...
Africa Oil Announces Results of Share Buyback Program
6/10/2024 - Africa Oil Corp. ("Africa Oil", or the "Company") is pleased to announce that the Company repurchased a total of 994,000 Africa Oil common shares during the period of June 3, 2024 to June 7, 2024 unde...
Tower Announces Subscription to raise £137,500 and Director's Dealings
6/6/2024 - Tower Resources plc, the AIM-listed oil and gas company focused on Africa , is pleased to announce a subscription for 1,195,652,174 ordinary shares of 0.001p each (the "Subscription Shares") at a pric...
IFC with FirstRand Bank to Expand Green Building and Affordable Housing Finance in South Africa
5/27/2024 - IFC announced a partnership with FirstRand Bank Limited (FirstRand) to support and scale the availability of green building and green home loan finance for South Africans, stimulating economic growth ...
Africa Oil Announces Annual Meeting Voting Results
5/23/2024 - Africa Oil Corp. ("Africa Oil", or the "Company") is pleased to report the voting results from the Company's annual general meeting of shareholders held today in Vancouver, British Columbia.

...
Eskom’s Key Revision Number rollover project is on track
5/16/2024 - The Eskom Key Revision Number rollover project is progressing well with 3.61 million or 52% of the 6.9 million prepayment meters already recoded as of 15 May 2024.

The main Eskom meter reco...
Tower Announces Closing of Flow-Through Non-Brokered Private Placement
5/6/2024 - Tower Resources Ltd. ("Tower" or the "Company") announces it has closed the flow-through portion of its non-brokered private placement for aggregate gross proceeds of $200,000 by issuing 1,538,462 flo...
Africa Oil Announces Results of Share Buyback Program
5/6/2024 - Africa Oil Corp. (“Africa Oil”, or the “Company”) is pleased to announce that the Company repurchased a total of 995,883 Africa Oil common shares during the period of April 29, 2024 to May 3, 2024 u...
Africa Oil Announces Results of Share Buyback Program
4/29/2024 - Africa Oil Corp. ("Africa Oil", or the "Company") is pleased to announce that the Company repurchased a total of 1,297,177 Africa Oil common shares during the period of April 22, 2024 to April 26, 202...
Africa Oil AGM to Be Held on May 23,2024
4/24/2024 - Africa Oil Corp. (“Africa Oil” or the “Company”) announces that its Annual General Meeting of Shareholders will be held on Thursday, May 23, 2024 at 09:00 am (Pacific Time) at Bennett Jones LLP Fras...
Africa Oil Announces Results of Share Buyback Program
4/22/2024 - Africa Oil Corp. (“Africa Oil”, or the “Company”) is pleased to announce that the Company repurchased a total of 1,225,600 Africa Oil common shares during the period of April 15, 2024 to April 19, 2...
Climate-focused deeptech startup Ecozen raises $30 Mn
4/19/2024 - Ecozen, a leader in climate-smart technology solutions, announced that it has raised USD 30 million in a mix of debt and equity. This infusion of capital includes continued support from Nuveen and oth...
Africa's $824b debt burden & opaque resource-backed loans hinder its potential, AFDB President warns
4/19/2024 - Africa's immense economic potential is being undermined by non-transparent resource-backed loans that complicate debt resolution and compromise countries' future growth, African Development Bank Presi...
Africa Oil Announces Results of Share Buyback Program
4/15/2024 - Africa Oil Corp. ("Africa Oil", or the "Company") is pleased to announce that the Company repurchased a total of 1,076,000 Africa Oil common shares during the period of April 8, 2024 to April 12, 2024...
Tower Resources Announces Total Voting Rights and Broker Update
3/28/2024 - Tower Resources plc, the Africa -focused energy company, announces, for the purposes of the FCA's Disclosure and Transparency Rules, that the total issued share capital of the Company consists of 16,6...

Accounting, Statistics Acquisitions and Divestitures Asset Portfolio Management Economics/Financial Analysis General Industrial Development Insurance Investment Mergers and Acquisitions Risk Management
For Buyers
For Suppliers
Gulf Oil and Gas
Copyright © 2023 ICT All rights reserved. - Terms of Service - Privacy Policy.