pumps - eriinfo

Nedbank pumps nearly R500-million into New GX Capital fund

eriinfo.com1 month ago03 mins

New GX Capital founder and CEO Khudusela Pitje New GX Capital’s clean-tech investment fund, Airnergize Capital Fund I, has secured US$28-million (R488-million) in funding from Nedbank CIB. Led by New GX Capital CEO Khudusela Pitje, Airnergize was launched in April this year with the intention of investing in renewable energy, gas and water infrastructure across…

Softbank pumps bn into struggling Intel, as Trump eyes stake

Softbank pumps $2bn into struggling Intel, as Trump eyes stake

eriinfo.com2 months ago04 mins

Intel CEO Lip-Bu Tan. Japanese-based multinational conglomerate SoftBank and US-based chipmaker Intel have signed a definitive securities purchase agreement, under which SoftBank will make a $2 billion investment in Intel common stock. In a joint statement, the organisations say the investment comes as they deepen their commitment to investing in advanced technology and semiconductor innovation…