Flutterwave is seeking fresh funding at a valuation of $3-billion or more, according to people with knowledge of the matter.
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Banks say they have to keep funding at least some coal projects for now because an immediate halt would cause upheaval.
It is not clear publicly just how bad the picture is across Eskom’s aging coal power station fleet. Strong indications are that things are bad.
IHS Towers has announced it will price its upcoming New York initial public offering at $21/share.
The price changes are effective immediately, Cell C said on Thursday. They seek to match or better recent price cuts from rivals.
Rich nations shouldn’t force South Africa to ban new coal-power projects, energy minister Gwede Mantashe said.
Cooperative governance & traditional affairs minister Nkosazana Dlamini-Zuma has gazetted the extension of the national state of disaster for another month.
Vantage Data Centers, a large, US-headquartered data centre specialist, has announced it has earmarked R15-billion to build what it claims will be the largest data centre campus in Africa.
US-based Vantage Data Centers on Wednesday revealed plans to invest R15-billion in a massive new Johannesburg campus on a 30-acre site in Waterfall.
Eskom will suspend load shedding at 5am on Thursday but has warned that “significant risks remain” and the rolling blackouts could be implemented again “at short notice”.