Latest News & Developments
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PIC invests R700 million in Africa50 to boost infrastructure development
The Public Investment Corporation (PIC) has invested R740 million in Africa50 Group, becoming its 36th shareholder. This strategic partnership aims to address Africa's infrastructure deficit while delivering both financial returns and developmental outcomes for South Africa's Government Employees Pension Fund
Ramaphosa endorses Swazi Tshabalala's bid for African Development Bank presidency
President Cyril Ramaphosa has officially endorsed Swazi Tshabalala as South Africa's candidate for the African Development Bank presidency, citing her exceptional leadership and three decades of experience in transforming the continent's financial landscape
PepsiCo, Absa back South Africa farmers’ online marketplace
Khula Pty Ltd. ’s app has 20 000 users, ranging from emerging to commercial farmers, and targets R200 million in funding by mid-year, co-founder and CEO Karidas Tshintsholo said in an interview
Swazi Tshabalala announces candidacy for African Development Bank presidency
Swazi Tshabalala, former AfDB senior vice president, launches her bid for the bank's presidency with South African government backing. With three decades of experience in infrastructure finance, she presents a vision focused on innovative financing solutions and continental development