South Africa’s Nedbank Group Ltd. and Norwegian investment firm Norfund AS are acquiring a “substantial minority” stake in a ...

Pele Energy Group (PEG) has successfully raised R575m ($30.9m), backed by Nedbank and the Norwegian Climate Investment Fund ...

Nedbank Group and Norwegian investment firm Norfund are acquiring a “substantial minority” stake in a renewable energy ...

The sales agreement includes the operating 255 MW Bujagali hydropower plant in Uganda, and a development portfolio.

Pele Energy Group (PEG) has announced the completion of a R575 million capital raise that will significantly bolster its ...

Scatec ASA has completed the sale of its 51% stake in its African hydropower joint venture with Norfund and British ...

Swedfund, alongside British International Investment (BII) and Norfund, have announced a joint $85 million investment in ...

While working as a development executive for a grain farm in Mozambique, with the business needing additional investment, ...

African agribusinesses investor AgDevCo has secured $85m (€81.2m) from development finance institutions British International ...

With this new capital injection, AgDevCo aims to benefit four million farmers and support 60,000 jobs per year by 2030.

Wainwright said the transaction creates a platform for Pele to raise more funding. 'The company will target additional ...