Nairobi — The Mauritius Commercial Bank (MCB) has arranged and closed a $400 million syndicated facility for Sea World Energy Holdings Limited, the affiliate consolidating Karpowership Group’s operations across Africa. MCB served as the sole Mandated Lead Arranger and Account Bank for the transaction, which the lender says was well received by participating financiers and…
IE 11 is not supported. For an optimal experience visit our site on another browser. Now Playing Border Patrol operations start in Charlotte as Trump Administration escalates immigration crackdown 01:33 UP NEXT Record rain lashes Southern California 01:34 Good News: Boy reunites with football hero after heart transplant 02:55 New revelations in fatal shooting of…
President Trump confirmed Wednesday that he has authorized the CIA to go into Venezuela and conduct covert operations. Asked by CBS News senior White House correspondent Ed O’Keefe why he did so, the president said he had two reasons: First, “they have emptied their prisons into the United States of America” and “allowed thousands and…
Rome — New WFP report, ‘A Lifeline at Risk’, finds that 13.7 million WFP food aid recipients could be pushed into emergency levels of hunger as support is cut The United Nations World Food Programme (WFP) today warned that six of its most critical humanitarian operations are facing severe pipeline breaks by year end, putting…
As humanitarian aid dries up, these countries are especially vulnerable New WFP findings show how deep aid cuts threaten to leave millions without lifesaving assistance – and dramatically push up hunger. These six operations are most at risk: Afghanistan Follow us on WhatsApp | LinkedIn for the latest headlines There are 9.5 million food-insecure people…
The Sola Group has announced the start of commercial operations at its Springbok Solar Power Project in the Free State, marking a breakthrough for large-scale renewable energy procurement in Africa. The 195MW solar photovoltaic facility, delivered ahead of schedule, is the continent’s only operational flexible multi-buyer energy wheeling facility. Read: Starlink pledges R2.5 billion investment…
Junaid Hussain, head of digital services support at Ricoh South Africa. In an economy as complex and constrained as South Africa’s, businesses don’t always have the luxury of expansion. When margins are tight and costs are rising, growth depends on how efficiently companies use what they already have. Operational efficiency has become one of the…
Yango Africa, an international technology company, has announced plans to expand its operations to more African countries as part of its global growth strategy. Currently operating in 30 countries worldwide, the ride-hailing giant is present in 13 African markets including Ghana, Côte d’Ivoire and South Africa. The Public Relations Manager of Yango Africa, Mr Bennet…
Pan-African telecommunications and network services provider Paratus Group has completed its expansion programme into East Africa. This expansion forms part of the group’s ongoing efforts to connect communities and businesses across sub-equatorial Africa with reliable digital infrastructure. Across East Africa, Paratus is providing reliable digital services to meet the needs of businesses and communities. Paratus…
Sandile Dhlomo, head of Ericsson South Africa. Ericsson has named Sandile Dhlomo as its new head of Ericsson South Africa, effective 1 September 2025. He will report to Majda Lahlou Kassi, who leads the Ericsson West and Southern Africa market area. In a statement, the company said Dhlomo will also be a member of the…
