SA’s Ramaphosa sets 2 trillion rand investment target by 2028

SA’s Ramaphosa sets 2 trillion rand investment target by 2028

South African President, Cyril Ramaphosa has set a new investment target of two-trillion-rand by 2028, following the early achievement of the country’s previous 1.2-trillion-rand goal. Speaking at the SA-US business forum, Ramaphosa invited US investors to explore opportunities in sectors like renewable energy, manufacturing, and infrastructure.

September 24, 2024 41

Business / Economics

EIB Global Invests €25 million in Amethis Fund III to promote sustainable growth of African businesses

The has so far invested nearly €3 billion in equity funds with a geographic focus entailing Africa. In 2023, close to 60% of EIB’s fund investments were in Africa. Amethis has supported the growth of more than 30 African companies employing more than 40,000 people. European Investment Bank (EIB Global) has invested €25 million into Amethis Fund III, a pan-African fund providing private equity growth capital to medium […]

May 29, 2024 13