Hapag-Lloyd and German carrier Deutsche Afrika-Linien (DAL) have signed a framework agreement under which Hapag-Lloyd will acquire the container liner business of DAL
Business
Siemens South Africa and Aspen to enhance vaccine production for Africa
In a joint project, Siemens South Africa, Aspen SA Operations (Pty) Limited, a wholly-owned subsidiary of Aspen Pharmacare Holdings Limited and Deutsche Investitions-und Entwicklungsgesellschaft (DEG) have entered into an agreement to enable the use of digital technologies
World Bank Group-IMF annual meetings location changed to Washington DC
The World Bank Group and the International Monetary Fund (IMF) have announced, in consultation with the Kingdom of Morocco, that the planned World Bank Group-IMF annual meetings scheduled to take place in Marrakesh, Morocco, in October 2022 will now take place in Washington D.C.
AfDB board approves pooled investment to boost innovation across sub-saharan Africa
The Board of Directors of the African Development Bank Group (AfDB) has approved an equity investment pool of US$11.8mn towards the first close of the Janngo Start-Up Fund, a pan-African tech start-up fund
Verdant Capital advises WIOCC on US$80mn equity capital raise
Verdant Capital has advised WIOCC Holding Company Limited (WIOCC) on an US$80mn equity capital raise