Development Bank of South Africa (DBSA) News

Jabu Moleketi, incoming Chairman, Vodacom

Vodacom names Moleketi as Chairman

South Africa’s Vodacom Group said on Thursday it has appointed non-executive director Jabu Moleketi to succeed Peter Moyo as the mobile phone network operator’s next chairman.

Solar Power Plant

Abengoa closes $660M in financing for South Africa solar power plant

Abengoa SA, an energy and environment company based in Spain, closed $660 million in project financing for a solar power plant in South Africa.

Ngozi Okonjo-Iweala, Minister of Finance, Nigeria

Nigeria targets $10B capitalization for proposed Wholesale Development Bank of Nigeria (WDBN): Ngozi Okonjo-Iweala, Nigeria's Minister of Finance

The Minister of Finance, Dr. Ngozi Okonjo-Iweala, has said the Federal Government is targeting capital base of $10bn for the proposed Wholesale Development Bank of Nigeria.