Kuunda hits $1bn in loans disbursed across 5 countries with 6.1m registered users
Portugal Gateway Fund invests into Kuunda
In July 2023, AP Moller won the “Supply Chain Environmental Sustainability” Award from the Africa Supply Chain Excellence Awards for its use of Mobius’s Solar for Refrigerated Trucks. After a two-year trial project they found that a Mobius system could run the fridge and tail lift continuously over 12 hours, without using any diesel. This saves 2.4 tons of CO2 per vehicle per month.
Portugal Gateway Fund invests in My Care Force, a Portuguese and Brazilian health care systems provider
Rand Merchant Bank acquires 25% of Ubiquity Energy which is the holding company of the Energy Exchange of Southern Africa as well as stakes in various other Kigeni energy projects. For more details see here.
Kigeni commissions its new 4,900 MW Solar PV plant on the roof of the Old Mutual Head Office
CEF acquires a 10% stake in Renergen subsidiary Tetra4 for ZAR1bn and Renergen reports a 37% increase in revenue. For further details see this article and this article.
At Remgro’s interim results presentation the Remgro CEO, Jannie Durand, announces as a flagship item Remgro’s joint venture with Kigeni and Phembani Group to accelerate Africa’s clean energy transition. More information is available in this Business Day article.
Yo! Uganda and Mastercard announce a partnership to develop a payment ecosystem to collect school fees using the Yo! Payment Gateway. The aim is to connect 2,000 schools per year to the payment platform.