Sanlam Alternative Investments has acquired a 10% stake in GreenCo Group Limited for 10 million USD, becoming the first private institutional investor in the regional electricity trader. This investment values GreenCo at around 100 million USD and comes as the company seeks to expand its electricity trading operations in Southern Africa, a key segment of…...
Trending
- BRVM: BOA Niger soars by 40% despite a profit warning and a sharp drop in profits
- BOA Mali: ex-dividend effect causes a 10% drop in the stock in a strongly rising market
- Egypt: Fintech Blnk raises $37.1 million to democratize consumer credit
- Maritime Insurance: Global Tariff Calm, but Africa Remains Exposed to Geopolitical Risks (Marsh Report)
- Serge Hervé Boyogueno, CEO of Sonamines: “It is up to the Minister of Mines to decide the fate of the insolvent”
- CEMAC: the time for integrative corridors has come
- Benin: Nicolas Simel Ndiaye takes the helm of the Presidential Strategic Support Office
- Rwanda: In 2024, avocado exports generated 8 million USD
Sanlam takes 10% stake in GreenCo for 10 million USD
Amadjiguéne Ndoye
Economic journalist with a Master’s degree in Communication and Journalism from the Higher Institute of Information and Communication Sciences in Dakar (ISSIC). Avid reader and music enthusiast. Feminist at heart and passionate about fashion.
Add A Comment
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com