Southern Africa

Glass bottle and metal container firm Ardagh Group has agreed on a deal to buy South Africa’s Consol Holdings Proprietary Limited for an equity value of $635m. Headquartered in Johannesburg …

Home Affairs minister Aaron Motsoaledi says his department has completed phase one of South Africa’s e-visa system and is already planning to expand the system to offer more features going …

Dutch brewer Heineken said on Monday it planned to take control of South Africa’s Distell Group Holdings and Namibia Breweries Ltd to form a southern Africa drinks group worth 4 …

Entravision announced today that it has acquired 365 Digital, a digital advertising solutions company headquartered in South Africa. This investment provides Entravision with a geographic foothold in Africa, as the …

MTN Group Ltd. recently made a takeover approach for Telkom SA SOC in a deal that would’ve combined South Africa’s second and third largest telecommunications operators, according to people familiar …

Emerging market stocks rose on Monday after China posted a record trade surplus for October, while currencies firmed against a steady dollar ahead of U.S. inflation data and central bank …

Zimbabwean government has partnered with one of the largest marine terminal operators in the world, DP World owned by the government of Dubai in the United Arab Emirates as it …

Marks the Indian bank’s maiden foreign currency bond on the Mauritius-based pan-African exchangeExport-Import Bank of India has listed its $1-billion 10-year bond on the Mauritius-based pan-African exchange AFRINEX. Pravind Kumar …

Mauritius has surpassed South Africa as the wealthiest country in Africa on the back of its many initiatives and policies to attract investors. According to the latest report by New …

Following the exit of Mauritius from the grey list of the Financial Action Task Force (FAFF) last week, the president of the global money-laundering watchdog since July 2020, considers that …