Serrari Group

South Africa’s R2.3 Trillion Green Hydrogen Gamble: Private Sector Unveils Massive Desert-to-Port Energy Corridor

KAHRE Renewable Energy Group has unveiled what could become one of the most ambitious private sector energy transition initiatives yet proposed in South Africa—a fully integrated net-zero industrial corridor that would connect massive renewable energy generation in the Northern Cape with green industrial processing and export infrastructure in the Western Cape. The audacious development plan […]

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Saudi-Led Consortium Takes 124-Year-Old South African Industrial Giant Private in $1.4 Billion Deal

One of South Africa’s most established industrial companies has concluded its 124-year tenure as a publicly traded entity following a R23 billion ($1.4 billion) acquisition by a Saudi-led consortium, signaling a transformative moment for both the Johannesburg Stock Exchange and the broader landscape of foreign investment in African industrial assets. The transaction, led by Newco—a […]

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Vantage Capital Completes Successful Exit from KwaZulu Natal Coastal Development After Four-Year Investment

Africa’s leading mezzanine debt fund manager, Vantage Capital, has successfully completed its exit from Seaton Estates, a residential coastal development situated on KwaZulu Natal’s North Coast, marking the culmination of a four-year investment period that weathered significant challenges including civil unrest and extreme weather events. The Johannesburg-based fund manager arranged R360 million (approximately $23 million) […]

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Harith General Partners Acquires FlySafair in Deal That Reshapes South African Aviation

Pan-African infrastructure investor Harith General Partners has entered into a sale and purchase agreement to acquire FlySafair, South Africa’s largest domestic airline, in a transaction that marks a pivotal moment for the country’s aviation sector. The deal, announced on February 10, 2026, represents Harith’s second attempt to secure an airline asset after its high-profile bid […]

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African Energy Ministers Converge on Paris as Investment Capital Seeks Proven Project Execution Over Ambitious Plans

As global energy capital becomes increasingly selective in its deployment, a crucial gathering in Paris this April promises to reshape how investors evaluate African energy opportunities. The Invest in African Energy Forum, scheduled for April 22-23, 2026, will bring together energy ministers from Senegal, Nigeria, Zambia, and Djibouti alongside development finance institutions, commercial banks, and […]

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African Development Bank Mobilizes $3.9 Million Technical Support to Accelerate Mission 300 Energy Access Implementation

The African Development Bank has taken a decisive step toward transforming Africa’s energy landscape with the approval of a $3.9 million two-year technical assistance project designed to help African nations convert policy commitments into tangible electricity connections. The initiative, known as AESTAP Mission 300 Phase II, represents a strategic acceleration of the continent’s most ambitious […]

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Afreximbank Strengthens Angola’s Oil Sector with Strategic $1.75 Billion Sonangol Financing

The African Export-Import Bank (Afreximbank), working alongside other mandated lead arrangers, has successfully closed a $1.75 billion syndicated receivables purchase facility for Sonangol, Angola’s state-owned national oil company. The landmark transaction, announced on January 28, 2026, represents one of the most significant trade finance facilities structured for an African energy company in recent years, underscoring […]

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Trafigura-Backed Woodland Restoration Initiative Targets $1 Billion Investment Across Four African Nations

Global energy trader Trafigura has taken a major step in channeling private capital toward climate solutions by identifying four large-scale carbon removal projects across southern and central Africa. The initiative, operating under the Miombo Restoration Alliance framework, aims to invest at least $1 billion over the projects’ 40-year lifetime while restoring critical woodland ecosystems that […]

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Fitch Downgrades Afreximbank to Junk Status and Withdraws Future Ratings Amid Bitter Dispute

In a dramatic escalation of tensions between global credit rating agencies and African financial institutions, Fitch Ratings has downgraded the African Export-Import Bank (Afreximbank) to junk status and withdrawn all future ratings of the multilateral lender. The final ratings change to BB+ from BBB- marks the conclusion of an increasingly combative relationship between the ratings […]

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South Africa’s R100 Billion BEE Gambit: How Government’s Bold Transformation Fund Divides a Nation

South Africa’s government is forging ahead with an ambitious plan to mobilize R100 billion by 2029 through a new Transformation Fund designed to accelerate Black Economic Empowerment, despite fierce opposition from coalition partners and widespread skepticism from business leaders. The initiative, championed by Minister of Trade, Industry and Competition Parks Tau, has emerged as one […]

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