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

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

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

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

The investment is the second leg to a larger transaction where the company raised $135 million in a structured loan from Nedbank, Norfund and South Africa’s Industrial Development Corp., said ...

South Africa’s Nedbank Group Ltd. and Norwegian investment firm Norfund are acquiring a “substantial minority” stake in a renewable energy company co-founded by a former JPMorgan Chase & Co ...

As western governments dramatically scale back budgets, remaining funding is likely to be a more obvious tool of geopolitical ...

Trade relations between the UK and Africa are gaining momentum. Last month, UK Minister for Trade Policy and Economic ...

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