The Member News Archive
Contract signed with Marriott Drilling Group to progress the PIDG-supported Corbetti geothermal power project in Ethiopia
The Corbetti Geothermal project in Ethiopia has signed a contract with UK company Marriott Drilling Group to drill up to four exploration wells in the Corbetti Caldera, near Shashemene in Oromia.
Gralix Tech Conference 2026
Taking place on 12 & 13 November 2026 at the Intercontinental Hotel in Lusaka, Zambia, GTC26 will bring together industry leaders, insurance and pension professionals, technology innovators, regulators and business executives to explore the theme “Insurtech and Pension-Tech: Leveraging Technology to Revolutionise Protection.”
Kenya updates its transfer pricing rules
Kenya replaced the Income Tax (Transfer Pricing) Rules, 2006 (the 2006 Rules) with the Income Tax (Transfer Pricing) Rules, 2026 (the 2026 Rules). The 2026 Rules took effect on 18 September 2026 under Legal Notice No. 186 of 2026. Read this insights piece from Clyde & Co exploring the impact of the new rule sets.
Angola Advances Higher Education with New Baía Farta University Campus
The Government-led Baía Farta University Campus, which will bring together Katyavala Bwila University and ISCED of Benguela, is being developed in partnership with Mitrelli to expand higher education capacity and support the development of professionals essential to Angola’s economic and social future.
Capital that reaches further
George Karamitsos, Vice President of Sustainable Finance, and Simone-Louise Hutchings, Executive Vice President of Sustainable Finance at Standard Bank, worked with JUMO to develop a Social Finance Framework designed to connect institutional capital with financial inclusion at scale.
Dangote Refinery IPO Opens Ownership to Nigerian Investors
Nigerians can invest in Dangote Petroleum Refinery and Petrochemicals FZE with a minimum subscription of ₦5,250 under an initial public offering launched Monday. The company is offering 4.1 billion ordinary shares at ₦525 each. The offer, valued at about ₦2.15 trillion if fully subscribed, opened September 14 and is scheduled to close October 13.
East Africa positions as regional hub for mineral processing
Critical minerals have become one of the defining stories of the global energy transition, and nowhere is that story more consequential than in Africa. Africa stands at a crucial crossroads to transform its vast, underutilised critical mineral reserves into domestic economic growth through strategic value-addition processing. Joining CNBC Africa is Declan Galvin, Managing Director at Exigent Risk Advisory, who's been tracking policy and investment.
Legal Considerations for Rare Earth Projects in Africa
Magnet materials such as neodymium and praseodymium are particularly critical. Yet global supply chains remain overwhelmingly concentrated in China, which continues to dominate not only mining but, more critically, processing and separation. Against this backdrop, Africa is emerging as a strategically important source of diversified rare earth supply.
EBRD supports growth of Kenya’s local-currency market
The European Bank for Reconstruction and Development (EBRD) has concluded a US$ 50 million (€43.1 million) cross-currency swap agreement with the Co-operative Bank of Kenya that will help to expand access to financing denominated in Kenyan shillings.
Africa Risk-Reward Index 2026
Africa’s latest global shock—the Middle East conflict—highlighted the continent’s exposure to external disruption. Yet the impact was more contained than expected. From COVID-19 and the war in Ukraine to declining Western aid, Africa is showing growing resilience: the ability to keep essential systems working when one channel closes. The 11th Africa Risk-Reward Index calls this the resilience dividend—and for investors, understanding where it is being built, and what could challenge it, is increasingly central to pricing risk.
Mozambique: Southern Africa's emerging industrial platform
Mozambique’s investment story is evolving beyond LNG. In this article, Webber Wentzel explores the country’s potential as a regional industrial and logistics platform, examining its strategic geography, transport corridors, energy resources, raw materials and market access, alongside the infrastructure and regulatory considerations investors should understand when assessing opportunities in Mozambique.
PIDG and IFDK join Sanlam in backing the growth of Africa GreenCo’s market-enabling renewable energy platform
Pioneering regional energy trader and intermediary off taker, Africa GreenCo, has today announced an additional USD 11.5m investment from its existing shareholders - the Private Infrastructure Development Group (PIDG) and Impact Fund Denmark (IFDK – formerly IFU).
Mozambique’s LNG build out is creating a much broader investment opportunity
As Mozambique’s LNG sector enters a new phase of development, the scale of opportunity for local and international businesses is becoming increasingly clear. In this article, Liam Krohn, Deputy CEO & Partner at ThirdWay Partners, explores the projects, procurement opportunities and new local content requirements reshaping the market, and what investors and international companies need to do now to position themselves for the next decade of LNG-driven growth.
DLA Piper advises lenders on EUR456 million financing for Genser Energy
DLA Piper has advised Rand Merchant Bank, the Standard Bank of South Africa Limited, and Absa Bank Limited, on EUR456 million in syndicated facilities provided to Genser Energy Investments LLC (Genser Energy), a USA-headquartered energy infrastructure company with operations across West Africa.
African M&A: execution certainty in a more selective market
African M&A in 2026 is telling a more nuanced story than the headlines suggest. The market is indeed rising, but not uniformly, and few practitioners on live mandates would describe it that way. It is the high-quality and best-considered transactions that are thriving. Article written by Walter Miles and Ronisha Singh of Marsh.
Premier Invest Deal Room Returns to Africa Energy Week
On 12 October 2026, Premier Invest returns to Africa Energy Week 2026 to host the Premier Invest Deal Room at CTICC 1, Cape Town, South Africa. This exclusive session will bring together Africa's most promising upstream, midstream and downstream oil & gas projects, alongside transformative energy and infrastructure opportunities, connecting project sponsors and developers with investors, lenders and strategic partners ready to finance the continent's next generation of landmark projects.
Reimagining Bankability: Zambia’s Response to the Energy Crisis
Just two years ago, Zambia’s energy sector faced one of its most significant challenges in recent history. A severe drought exposed the vulnerabilities of a power system heavily dependent on hydropower generation, resulting in widespread load shedding and growing concerns regarding the country’s ability to meet future energy demand.
Investors snap up AG Mortgage Bank’s N3.97bn commercial paper with 100% subscription
AG Mortgage Bank Plc has significantly bolstered its liquidity position after investors completely snapped up its N3.97 billion Series 2 and 3 Commercial Paper (CP) issuance. By achieving a 100 percent subscription rate, the bank has secured critical, cost-effective short-term funding that will enable it to scale its mortgage financing operations and accelerate its real estate pipeline.
Yellow Card Secures $40 Million in Strategic Funding to Further Global Expansion
Yellow Card, a leading global stablecoin infrastructure provider, today announced the successful closing of a $40 million strategic funding round, with investment from SC Ventures by Standard Chartered, Sony Innovation Fund, Polychain Capital, Blockchain Capital, and additional strategic investors.
EAAIF accelerates Africa’s digital transformation with a combined USD 82.8 million commitment to Eastcastle DRC and Liquid Intelligent Technologies
The Emerging Africa & Asia Infrastructure Fund (EAAIF), a Private Infrastructure Development Group (PIDG) company managed by Ninety One, announced a major digital infrastructure push in Africa with the signing of two transactions totalling USD 82.8 million in private debt commitments.