ENGIE takes over 100 MW Xina Solar One power plant in South Africa

French electric utility major, ENGIE SA has inked an agreement with energy company Abengoa to acquire a 40% stake in Xina Solar One, a 100MW solar plant in South Africa, and a 46% stake in the O&M (operations & maintenance) firm. The Xina Solar One plant powers more than 95,000 households in

Banking startup TymeBank raises $109M from UK & Philippines investors

South African banking startup, TymeBank, has reportedly announced that it has secured nearly R1.6 billion (~$109m) investment from new investors in Philippines and the UK. The firm announced this news through an official statement. This investment would be used to strengthen the growth of TymeBank a