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Posts by Antony Sguazzin

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Biovac Wins EU, IFC Money to Build Biggest Africa Vaccine Plant South Africa’s Biovac Institute won funding from the European Investment Bank and the International Finance Corp. to expand its vaccine facility in Cape Town that will be the continent’s biggest once ...

Biovac wins EU and IFC funding as it seeks to build Africa's biggest vaccine plant
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5 days ago 0 0 0 0
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South Africa Arrests Benin Fugitive Connected to Coup Attempt South African authorities arrested Kémi Séba, a French-born influencer who’s wanted by Benin in connection with an attempted coup in that country in December.

South African authorities arrested Kémi Séba, a French-born influencer who’s wanted in connection with an attempted coup in Benin
www.bloomberg.com/news/article...

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Botswana's President Duma Boko is adamant that he wants to control De Beers. It's a risk.
First there's no guarantee the slumping diamond market, under siege from an avalanche of cheap lab gems, will turn around and second few private investors will put money into a business they don't control

6 days ago 0 0 0 0
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Shark Nets Spark Furor at Club Med’s First South African Resort Club Med SAS has landed in the middle of a furor over the best way to keep sharks from attacking tourists at its more than $120 million South African resort.

Club Med has landed in the middle of a furor over the best way to keep sharks from attacking tourists at its more than $120 million South African resort
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Botswana is holding to its ambition of buying a controlling stake in De Beers from Anglo American, potentially dampening interest from some private investors looking to acquire the diamond giant
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Russia Steps Up its Courtship of Fragile African States The Kremlin sends weapons, aid to Madagascar’s new military government.

Russia has moved swiftly to court Madagascar’s new military rulers, dispatching weapons and aid
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Putin Secures Another Strategic Ally as Trump Focuses on Iran Russia is providing aid to the military leadership in Madagascar as it tries to broaden its footprint in Africa.

While the world's focus is on the war in the Middle East Russian President Vladimir Putin is making a new friend, the strategic island of Madagascar off the south east coast of Africa.
tinyurl.com/rdxdnvrt

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In Harare, One Foreign Elite Replaces Another Wealthy Chinese immigrants lured by mining are driving a real estate boom.

Wealthy Chinese immigrants lured by mining are driving a real estate boom in Zimbabwe’s capital, Harare - Next Africa
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2 weeks ago 0 0 0 0
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South African President to Receive US Envoy’s Credentials South Africa’s President Cyril Ramaphosa will receive the credentials of US Ambassador-designate Brent Bozell this week, a step that may signal a tentative easing of strained ties between the two coun...

South Africa’s President Cyril Ramaphosa will receive the letters of credence of US Ambassador-Designate Brent Bozell alongside those of 19 other countries including Cuba
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2 weeks ago 1 0 0 0
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Congo Is Latest Country to Take Third Country Deportees From US The Democratic Republic of Congo will join several African states willing to accept third-country nationals deported from the US.

The Democratic Republic of Congo will join several African states willing to accept third-country nationals deported from the US. www.bloomberg.com/news/article...

2 weeks ago 0 0 0 0
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What a Clean Cookstove Company’s Bankruptcy Means for Carbon Markets Prices on Corsia, a marketplace for airlines, have fallen in the months following Koko’s collapse.

Prices on Corsia, a carbon offset marketplace for airlines, have fallen in the months following Koko’s collapse. @lauramillan.bsky.social
www.bloomberg.com/news/newslet...

2 weeks ago 2 1 0 0
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Russia Steps Up Arms Supplies to Madagascar’s Military Madagascar’s five-month old military government received another shipment of Russian arms and equipment on Wednesday as the two countries deepen ties.

Russia sent another shipment of arms to Madagascar, deepening its ties with the military rulers of the African island nation
www.bloomberg.com/news/article...

2 weeks ago 1 1 0 0
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Madagascar Says It Foiled Plot to Assassinate the President Madagascar’s top prosecutor said a plot to assassinate the country’s president, an army colonel who took power in a coup in October, has been foiled.

Madagascar’s top prosecutor says a plot to assassinate the country’s president, an army colonel who took power in a coup in October, has been foiled
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2 weeks ago 0 0 0 0
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For China’s Rich, the New Must-Have Is a Luxury Home in Zimbabwe Chinese buyers are finding bargain mansions — and a discreet place to move money — in Harare, a city shaped by colonialism and cricket.

Chinese investors are paying millions of dollars in cash for Harare’s luxury homes, fueled by Zimbabwe’s mining boom. www.bloomberg.com/news/article...

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How a Company Collapse Is Denting Trust in Carbon Markets – Again This year was supposed to be a turning point for carbon markets, with the United Nations’ long-delayed country-to-country trading system coming into force and airlines preparing to enter a mandatory p...

2026 was going to be a turning point for carbon markets. Then Koko collapsed. The bankruptcy delivered a blow to confidence in carbon markets, battered by credibility issues and a retreat on climate goals
story w @antonysguazzin.bsky.social via @bloomberg.com

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2 weeks ago 0 1 0 0
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How a Company Collapse Is Denting Trust in Carbon Markets – Again This year was supposed to be a turning point for carbon markets, with the United Nations’ long-delayed country-to-country trading system coming into force and airlines preparing to enter a mandatory p...

The high-profile collapse of a World Bank-backed clean-cooking company has delivered another blow to confidence in the carbon-credit market
@lauramillan.bsky.social
www.bloomberg.com/news/article...

2 weeks ago 1 1 0 0
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FirstRand Sells Bond Linked to Cape Water Catchment Performance FirstRand Ltd. sold a 2.5 billion rand ($149 million) bond that rewards investors based on improvements in a Cape Town water-catchment area, measured by the removal of invasive vegetation.

FirstRand sold a 2.5 billion rand bond that rewards investors based on improvements in a Cape Town water-catchment area, measured by the removal of invasive vegetation. The nature based outcomes bond is a world first for a commercial bank
www.bloomberg.com/news/article...

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Cape Town Seeks to Emulate India’s High-End Outsourcing Push Cape Town wants to break into a global outsourcing industry dominated by India, but it will require overcoming a vast gap in scale and cost competitiveness.

Cape Town looks to build on call center success by entering the global capability center industry dominated by India
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3 weeks ago 0 0 0 0
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Zuma, Mbeki Demand Apartheid Probe Head Recuse Herself Fails A demand by former South African Presidents Jacob Zuma and Thabo Mbeki that the head of a probe into the failure to prosecute apartheid-era crimes recuse herself has been dismissed by a High Court jud...

A push by South Africa's former and current presidents to have the judge leading a probe into the failure to prosecute apartheid-era crimes has failed
www.bloomberg.com/news/article...

3 weeks ago 0 0 0 0
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Biggest Off-Grid Solar Firm Enters Ethiopia in $150 Million Pact Sun King, the world’s largest off-grid solar company, plans to spend as much as $150 million by 2030 expanding into Ethiopia, Africa’s second-most populous nation.

The world's biggest off-grid solar company, Sun King, is planning to spend $150 million to tap into the market for the equipment in Africa's second-most populous nation, Ethiopia.
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3 weeks ago 0 0 0 0
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Sibanye Lawyer Assassination Alarms South African Business The assassination this week of a labor lawyer working for Sibanye Stillwater Ltd. in downtown Johannesburg has prompted a protest from South Africa’s business fraternity.

The assassination this week of a labor lawyer working for Sibanye Stillwater in downtown Johannesburg has prompted a protest from South Africa’s business fraternity.
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3 weeks ago 0 0 0 0
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South Africa’s Economic Hub ‘Trapped’ in Stagnation, Report Says Gauteng, the South African province that’s home to Johannesburg and the capital Pretoria, is struggling to grow and its shift from manufacturing and mining to a services hub is deepening inequality.

“If we can’t get Gauteng right, we can’t get South Africa right,” said Gauteng Premier Panyaza Lesufi
www.bloomberg.com/news/article...

1 month ago 0 0 0 0
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African Countries Consider ‘Vice Taxes’ to Help Fill USAID Cuts With philanthropies also pulling back on spending, small organizations are looking to local donors and new funders to fill holes in their budgets.

It’s been a year of triage, while finding new ways to make ends meet. Here are some of the stories of how small African health organizations are tackling the work of helping the vulnerable
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Heat Wave Shatters March Temperature Records in Cape Town Cape Town and other areas of South Africa’s Western Cape Province saw record temperatures for March as a heat wave sears a region that’s vulnerable to both drought and wildfires.

Cape Town and other areas of South Africa’s Western Cape Province saw record temperatures for March as a heat wave sears a region that’s vulnerable to both drought and wildfires @joewertz.bsky.social
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Apartheid Crime Victims Say Ramaphosa Puts Party Before Country Victims of apartheid-era crimes claimed South African President Cyril Ramaphosa was trying to spare his party embarrassment by requesting that a judge recuse herself from a probe into political interf...

Victims of apartheid-era crimes claimed South African President Cyril Ramaphosa was trying to spare his party embarrassment by requesting that a judge recuse herself from a probe into political interference in prosecutions
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South Africa Targets Infrastructure Deals With Guarantee Fund South Africa plans to rapidly expand a new credit-guarantee vehicle to support billions of dollars in infrastructure projects, from power-grid expansion and water systems to ports and freight rail.

South Africa's new credit guarantee vehicle is expected to support billions of dollars in infrastructure projects and reduce reliance on the state
www.bloomberg.com/news/article...

1 month ago 0 0 0 0
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Trump’s Africa Minerals Push Faces Long Road to Match Dominant China While Washington is trying to make bigger deals, Beijing remains far ahead.

Amid a week in which it went to war with Iran and sought to cement ties with Venezuela after having renditioned its president, the Trump administration managed to find time to slap sanctions on the army of a tiny East African nation: Rwanda.
www.bloomberg.com/news/newslet...

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Trump Pushes for Peace in Congo as US Chases Critical Metals The US sanctioned Rwanda’s army to flouting a preace deal signed in December

As the US wages war with Iran, driving up oil prices, President Donald Trump is intervening in another war key to commodity markets - Congo and its copper deposits
www.bloomberg.com/news/newslet...

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World Bank Allocates $350 Million to S. Africa Guarantee Vehicle The World Bank said it has allocated $350 million for a South African credit-guarantee vehicle aimed at boosting infrastructure development and mobilizing $10 billion over the next decade.

The World Bank said it has allocated $350 million for a South African credit-guarantee vehicle aimed at boosting infrastructure development and mobilizing $10 billion over the next decade
www.bloomberg.com/news/article...

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World Bank Says $50 Billion Committed to African Electrification More than $50 billion has been committed to an ambitious plan to halve the number of people without access to electricity in Africa, according to the World Bank, its biggest backer.

More than $50 billion has been committed to an ambitious plan to halve the number of people without access to electricity in Africa, according to the World Bank
www.bloomberg.com/news/article...

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