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The inaugural SAVCA Conference Awards in March this year set out to acknowledge excellence, dedication and innovation. Among the winners of the year’s private equity deals, they also showcase an ethos of doing good while doing well.
This has long been the rallying cry of Sanari Capital, winner of the SAVCA Small and Medium Deal of the Year with its R25m investment in LightWare, a Gauteng company that has quickly established itself as a global leader in designing and manufacturing the world’s smallest and lightest precision LiDAR (light detection and ranging) sensors for use in drones, robots, autonomous vehicles, smart cities, etc. Effectively their products give eyes to machines.
Afreximbank Approves US$70 Million Beitbridge Expansion newzimbabwe.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newzimbabwe.com Daily Mail and Mail on Sunday newspapers.
The Humber Bridge, near Kingston upon Hull, East Riding of Yorkshire, England, UK
RMB’s $300m Beitbridge border post modernisation project, which recently reached a financial close, involved the upgrade and rehabilitation of the Zimbabwean side of the Beitbridge border post, under a 17-and-a-half-year concession granted by the Zimbabwean government to La Frontiere.
RMB has acted as financial adviser to La Frontiere since 2018, and later took on the roles of joint mandated lead arranger and hedging bank for the project. We partnered with five other financial institutions in structuring the transaction.
The deal has come at a time when infrastructure development and public-private partnerships (PPPs) are more critical than ever to stimulate economic growth. As the leading investment bank in the African concessions and PPP sector, we felt confident that we could provide a tailored solution despite the challenges.
Life and death at the Beitbridge border post
14 Jan 2021
Long wait: Vehicles loaded with all kinds of goods queue for days at Beitbridge to enter Zimbabwe. (Waldo Swiegers/Bloomberg/Getty Images)
It is raining in Musina in December 2020, just days before Christmas. The showers hail the end of a devastating drought. The landscape is lush with this burst of life. But that other drought, the economic barrenness of Zimbabwe, remains.
Border towns everywhere share particular dynamics. Whether it’s El Chuy in Uruguay, Trabzon in Turkey or Musina in Limpopo. And each has its own flavour. The endless bazaars in Trabzon with that medieval Silk Route vibe. In El Chuy, the main road through the city is the border. Depending on the exchange rate and economic conditions, one sidewalk flourishes while the other withers.