Antony Sguazzin

The City of Johannesburg, which is on the verge of financial collapse, put investors at the front of its queue of creditors this week when it repaid a 1.44 billion rand ($88 million) bond.

Amazon Inc. said it will buy just less than half of the carbon credits to be generated by a project to restore degraded land in South Africa by planting thickets of Spekboom, a plant that sequesters carbon dioxide and helps soil retain water.

Standard Chartered Plc said a $50 million green bond it placed last month for a solar home system financier opens the way for a slew of debt sales by mid-sized African companies.

Anti-migrant protests are fracturing communities at home while straining South Africa’s ties with the rest of Africa.

The South African government’s appeal to overturn a ruling allowing the export of horns from captive rhinos was dismissed by the Northern Cape High Court on Friday.

The government has contended that allowing the exports would worsen already rampant poaching.

WeLight, which operates more solar mini-grids in Africa than any other company, is planning a $650 million expansion to grow the number of people it serves 10-fold as its expands into countries with the two largest power-access deficits in the world.

A group of hedge fund veterans is helping drive a fundamental shift in how to generate financing for developing nations.

Newmarket Capital, an alternative asset manager launched six years ago, is actively engaged in facilitating structured finance solutions for multilateral development banks.

South Africa’s National Treasury will withhold state funding for Johannesburg and dozens of other municipalities this month over their failure to manage their finances properly.