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SOUTH AFRICA 1 BILLION DOLLAR INFRASTRUCTURE LOAN
Africa's richest man's first business was selling sweets at school, now Aliko Dangote is wealthier than China's Jack Ma and Amazon co-founder MacKenzie Scott- South Africa agrees $1 billion infrastructure loan with New Development Bank
- Solar Industries shares crash 9% after acquisition of South Africa’s Omnia Holdings for Rs 12,951 crore
- Solar Industries buys South Africa’s Omnia in $1.3 billion dealNagpur-based Solar Industries is acquiring South Africa's Omnia Holdings for $1.3 billion. This significant outbound deal aims to create an...15 Sep, 2026, 12.41 AM IST
- Making a dollar detour: Why BRICS isn’t breaking up with the dollarThe latest BRICS declaration emphasizes interoperable payment systems and local currency settlement. It explicitly avoids proposing a commo...14 Sep, 2026, 08.41 PM IST
- Solar Industries to acquire South Africa’s Omnia for Rs 12,951 crore in biggest global expansion pushSolar Industries India will acquire 100% of South African chemicals company Omnia Holdings for $1.355 billion in cash, marking a major inte...14 Sep, 2026, 01.09 PM IST
- Global Market: South Korean shares fall as AI concerns weigh; won strengthensSouth Korean shares fell sharply on Monday, led by technology stocks, as concerns over the pace and risks of artificial intelligence develo...14 Sep, 2026, 09.27 AM IST
- India-Africa partnership holds immense potential for sustainable, industrial growth: Naveen JindalAt the BRICS Summit, Naveen Jindal, a prominent industrialist, met with South African President Cyril Ramaphosa. Their talks emphasized the...13 Sep, 2026, 11.34 AM IST
- Piyush Goyal urges BRICS to link payment systems, trade in local currenciesIndia's Commerce Minister urged BRICS nations to link payment systems and trade in local currencies. He also called for simplified regulati...11 Sep, 2026, 11.47 PM IST
- Trump administration to lend $100 million to Africell, countering Huawei in AfricaThe United States will lend nearly one hundred million dollars to Africell. This loan aims to counter China's Huawei expansion in Africa. A...11 Sep, 2026, 05.37 PM IST
- Global Market: South Korean stocks fall over 1% as Middle East tensions weigh on risk sentimentSouth Korean shares fell over 1% on Thursday as escalating Middle East tensions and attacks near the Strait of Hormuz weighed on investor s...10 Sep, 2026, 12.08 PM IST
- Beyond Los Angeles and Rotterdam: Can Durban, Rio de Janeiro drive India’s next export boom?The South-South trade has crossed $7 trillion, opening new opportunities for Indian exporters across Africa, ASEAN, the Gulf, and Latin Ame...10 Sep, 2026, 07.48 AM IST
- Piyush Goyal to meet Russian ministers to advance EAEU trade deal talksIndia's minister will meet Russian and EAEU counterparts to advance trade deal talks. Negotiations for a trade pact with the Eurasian Econo...10 Sep, 2026, 12.47 AM IST
- Four banks including RBL and Bank of Maharashtra line up overseas fund raiseRBL Bank and Bank of Maharashtra are actively promoting dollar bonds in international markets as they look to refinance short-term loans ac...09 Sep, 2026, 04.49 PM IST
- Ooredoo-backed Zankore secures $3.1 billion financing for Nvidia AI cloud platformZankore has successfully obtained a notable loan facility intended for infrastructure development. This funding will facilitate the purchas...09 Sep, 2026, 03.32 PM IST
- Mumbai set to hold 68% of India's data centre capacity by 2030Mumbai's data centre capacity will reach sixty-eight percent by 2030. This expansion reflects sustained demand from financial institutions ...09 Sep, 2026, 02.21 PM IST
- GFF 2026: India should build fintech for the world, target $60-80 billion financial services exports, says Commerce Secretary Rajesh AgarwalIndia aims to export digital financial services leveraging its fintech expertise. This expansion moves beyond traditional IT and profession...09 Sep, 2026, 01.37 PM IST
- Global Market: South Korean shares surge as Samsung, SK Hynix rally on AI optimismSouth Korean shares rose sharply on Wednesday, led by Samsung Electronics and SK Hynix as optimism over artificial intelligence supported s...09 Sep, 2026, 09.51 AM IST
- RBL, BoM eye dollar bonds to refinance FCNR fundingRBL Bank and Bank of Maharashtra are actively promoting dollar bonds in international markets as they look to refinance short-term loans ac...09 Sep, 2026, 05.41 AM IST
- French AI company Mistral hits $24 billion valuation in funding roundMistral said that the round was jointly led by existing investor PSG Equity, along with South Korea's Samsung Electronics and the EU-backed...08 Sep, 2026, 11.50 AM IST
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