Political violence in South Africa is driven by a power elite trying to establish dominance – new research

Source: The Conversation – Africa – By Ivor Chipkin, Associate lecturer, University of Pretoria

For much of the past two decades, South Africa’s recurring waves of protest have been interpreted through a dominant lens: the failure of the post-apartheid state to deliver services to its poorest citizens. Rising unemployment, corroding infrastructure and inadequate housing are the familiar explanations offered.

We are political scientists who have been analysing protests and protest data for years. In a recent article we propose that the overall pattern of protest activity in South Africa cannot be explained by socio-economic conditions alone. It tracks the internal power struggles of the ruling party, the African National Congress (ANC).

This has led us to a new reading of state capture.

As we set out in a paper in 2025, state capture in South Africa is often reduced to a phenomenon of large-scale corruption. The focus has been on the way that private businesses, working with politicians, repurposed legislative and administrative processes to serve their interests and disable the criminal justice system to avoid consequences.

The conventional understanding casts state capture as looting: the opportunistic and organised theft of public resources by politically connected networks and enabled by a compromised presidency.

We do not contest the reality of this pillaging. But we argue that it was also something more structurally purposeful. State capture, in our account, was the mechanism by which former president Jacob Zuma sought to forge a “power elite” in the ANC.

This is a term we borrow from the sociological tradition of C. Wright Mills to refer to a small cohesive group that is able to make decisions with national consequences in political, military and economic institutions. In contrast a politically connected network may have influence but is too diffuse to exercise power as such.

The power elite matters because it explains who really makes the biggest decisions in society and why democratic institutions do not always fully control those decisions.

The argument we’re presenting has consequences for how the country understands what state capture is, and the trajectory of South African democracy itself.

Protests as a barometer

Drawing on data from the South African Police Service, the Armed Conflict Location and Event Data Project, and the Institute for Security Studies, we identify a striking pattern. Protest events rose sharply from around 2006, reaching what some researchers called “insurrectionary proportions” by 2011.

Then they stabilised and began to decline between roughly 2013 and 2017. This period coincided with the consolidation of Zuma’s hold on power and the height of state capture.

After 2018, protests surged again to unprecedented levels. In 2021, the country experienced its worst civil revolt since the end of apartheid.

The socio-economic conditions typically cited to explain protest – unemployment, inequality, poor service delivery – do not follow this same pattern. They did not improve during the 2013-2017 lull. If anything, they worsened. As our paper records, municipal audit outcomes deteriorated sharply by the end of the period.

Inequality, measured by Gini coefficients across South Africa’s major cities, remained essentially unchanged. The exception was Cape Town, where inequality seems to have declined.

The stabilisation of protest activity, we conclude, cannot be attributed to improvements in the living conditions of poor South Africans.

Something else was suppressing the mobilisation of discontent.

Our answer draws on political sociology and on comparative work on elite formation in Africa and beyond. We conclude that protests are instruments of elite competition. This includes the tactical deployments of professional agitators by local politicians and their networks contesting for control of resources, positions and patronage within the ANC.

When these competitions are acute and unresolved, they spill outward as protests. When they are contained, protest subsides.

The how

By repurposing state-owned enterprises away from their public mandates, the Zuma network generated enormous rents that were then used for private enrichment and to finance factional political activity. This included paying for party rallies, sustaining provincial and regional networks, creating sympathetic media infrastructure, and distributing cash and contracts to potential opponents in exchange for loyalty or silence.

The result was a temporary stabilisation of what had been a fractured and contested elite terrain.

Between roughly 2013 and 2017, a group of politically aligned operators was able to discipline internal competition, in part by allocating positions in government, state-owned enterprises and the party apparatus.

Those who would not be bought were expelled, marginalised, or subjected to violence. We note that political assassinations rose sharply during Zuma’s second term. Evidence before the Zondo Commission into state capture pointed to the deployment of armed units under presidential operational control.

The relative “stability” observable in protest data between 2013 and 2017 was the successful suppression of elite competition through corruption, patronage and coercion. The modest improvement in municipal spending was the result of elite power exercised over administrative systems.

The unravelling under Ramaphosa

If Zuma’s presidency saw the construction of a power elite, Cyril Ramaphosa’s has seen its unravelling.

The consequences have been severe.

At the ANC’s 54th national conference in December 2017, Ramaphosa narrowly defeated Nkosazana Dlamini-Zuma for the party presidency. Zuma’s internal compact then began to fracture. The spike in protest activity that followed was almost immediate.

Ramaphosa was not prepared to deploy corruption and violence as political solutions. But without an alternative basis for managing elite competition, the ANC’s internal fissures deepened.

There were symptoms of this disintegration in 2023:

Gatekeeping became decentralised and unregulated. Elite contestation began migrating out of the party system altogether.

A sobering conclusion, and hint of hope

We conclude that some of it will be pushed towards organised crime. Mafia-type networks, we suggest, should be expected to grow.

There is, however, a more hopeful possibility. The reason the ANC has functioned as the primary arena for elite competition is that it has controlled access to the “gate” – the allocation of positions in the state, the civil service and state-owned enterprises.

Remove that control, and the character of elite competition changes. This is precisely what is at stake in the amendments to the Public Service Act of 1994. Signed into law by Ramaphosa on 26 March 2026, it was gazetted on 1 April 2026.

The legislation aims to:

  • reduce executive discretion over appointments in the public service

  • insulate civil service recruitment and operations from party-political interference.

If implemented, political parties will be compelled to compete for support through policy and performance rather than patronage. Elite competition will shift to the public administration system itself. Ideally, this will be governed by merit, transparency and professional standards.

We are cautious about the prospects for this reform. History is not encouraging and the political conditions are challenging.

But if it can end gatekeeping, new legislation like the Public Service Amendment Act will change the elite social terrain in South Africa.

– Political violence in South Africa is driven by a power elite trying to establish dominance – new research
– https://theconversation.com/political-violence-in-south-africa-is-driven-by-a-power-elite-trying-to-establish-dominance-new-research-280504

Liquid Intelligent Technologies Draws Outsized Demand for $300 Million Bond, Signalling Investor Confidence in African Digital Infrastructure

Source: APO – Report:

.

In a test of institutional appetite for African credit, Liquid Intelligent Technologies (www.Liquid.Tech) has closed a $ 660 million debt financing round, including a $300 million Eurobond that was oversubscribed 2.5 times – a result that signified a meaningful vote of confidence in the continent’s digital infrastructure story.

The bond, listed on Euronext Dublin and issued under Rule 144A/Regulation S, formed the centrepiece of a broader debt paydown and refinancing completed by Liquid, the pan-African fibre and technology business owned by Cassava Technologies. The transaction retires the company’s prior debt obligations, extends its debt maturity profile, and resets its balance sheet on terms that give management the financial headroom to accelerate the company’s growth and cement its leading position as a critical enabler of Africa’s digital transformation.

The demand of that scale, against a challenging capital markets environment, points to something more than routine refinancing. It suggests that a cohort of international institutional investors has made a considered judgement; that Liquid’s asset base, its 115,000-kilometre fibre network spanning more than 25 countries, its growing cloud and cybersecurity revenues, and its positioning at the intersection of connectivity and AI infrastructure, constitute a credit that warrants allocation.

The bond was accompanied by syndicated ZAR and USD term loan facilities. The USD 210 million ZAR syndicated term loan, provided by Nedbank, Rand Merchant Bank, Standard Bank, and the International Finance Corporation, provides a natural currency hedge against Liquid’s substantial South African revenues. This is a structural refinement that addresses one of the more persistent concerns institutional investors have raised about African issuers. The USD 150 million syndicated term loan was provided by Ninety One, via its own funds and the Emerging Africa and Asia Infrastructure Fund and The Mauritius Commercial Bank Limited (MCB). Together with the USD 195 million fresh equity injection by Cassava, these instruments retire our prior debt obligations, extend Liquid’s debt maturity profile and provide a natural ZAR currency hedge on our South African revenues, whilst placing net leverage on a firmly downward trajectory.

Anchor orders in the Eurobond were placed by leading development finance institutions (“DFI”), including DEG, the German DFI. DFI participation at this level is rarely cosmetic. It signals that institutions whose mandate is explicitly tied to sustainable development in emerging markets have assessed that Liquid’s infrastructure is consequential to that agenda.

Fitch Ratings upgraded Liquid Intelligent Technologies ahead of launch. Moody’s has placed the issuer on Review for Upgrade. The convergence of two agency actions reinforces our improved financial profile and will be noted by investors who track African credit closely.

J.P. Morgan, Rand Merchant Bank and Standard Bank acted as Joint Global Coordinators and Joint Bookrunners.

“This refinancing is a significant milestone, not just financially, but strategically. A stronger, more sustainable balance sheet gives Liquid the platform it needs to pursue the full scope of digital transformation opportunities across Africa, from fibre and cloud to cyber security and AI-enabled infrastructure. The quality of the institutions that participated in this transaction is a statement of confidence in Liquid’s fundamentals and in Africa’s digital growth story.” Hardy Pemhiwa, Group CEO, Liquid Intelligent Technologies

– on behalf of Liquid Intelligent Technologies.

Media Enquiries:
Angela Chandy
Executive Head: PR & Corporate Communications
Angela.chandy@liquid.tech

About Liquid Intelligent Technologies:
Liquid Intelligent Technologies is a business of Cassava Technologies (Cassava), a global technology leader with operations in 40-plus markets across Africa, the Middle East, and Latin America, where the Cassava group companies operate. Liquid has firmly established itself as the leading provider of pan-African digital infrastructure with a 110,000 km-long fibre broadband network and satellite connectivity that provides high-speed access to the Internet anywhere in Africa. Liquid is also leveraging its digital network to provide Cloud and Cyber Security solutions through strategic partnerships with leading global players. Liquid is a comprehensive technology solutions group that provides customised digital solutions to public and private sector enterprises and SMEs across the continent.

For more information, visit www.Liquid.Tech.

About Cassava Technologies:
Cassava Technologies is a global technology leader providing a vertically integrated ecosystem of digital services and infrastructure enabling digital transformation. Headquartered in the UK, Cassava has a presence across Africa, the Middle East, Latin America and the United States of America. Through its business units, namely, Cassava AI, Liquid Intelligent Technologies, Liquid C2, Africa Data Centres, and Sasai Fintech, the company provides its customers’ products and services in 94 countries. These solutions drive the company’s ambition of establishing itself as a leading global technology company of African heritage. 

www.CassavaTechnologies.com

Africa Finance Corporation Secures Additional US$100 Million Facility from India Exim Bank to Accelerate Africa’s Infrastructure Development

Source: APO – Report:

Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, has announced the successful closing of a US$100 million, 5-year loan facility from the Export-Import Bank of India (India Exim Bank), further strengthening its long-standing partnership with the institution. The facility, signed at AFC’s just concluded Investor Day in London, will support AFC’s mandate to accelerate development of critical infrastructure and industrial assets across Africa.

In an economic environment characterised by global market volatility and evolving investor dynamics, this transaction is strategically significant as it underscores AFC’s access to alternative liquidity pools beyond traditional capital markets, while also extending its tenor profile. By securing medium-term funding from a key export credit institution such as India Exim, AFC continues to demonstrate its ability to deploy flexible, cost-efficient capital in support of high-impact projects across the continent.

This facility builds on an established relationship with India Exim Bank, reflecting a shared commitment to advancing infrastructure development and economic cooperation between Africa and India. The transaction builds on the successful US$100 million financing completed in 2021, reinforcing AFC’s commitment to diversifying its funding base while deepening strategic engagements with key Asian financial partners.

Banji Fehintola, Executive Board Member and Head of Financial Services of AFC, said, “This facility is an important milestone in our long-standing partnership with India Exim Bank and reflects our shared commitment to advancing infrastructure development across Africa. Access to diversified and long-term capital is critical to delivering transformative projects on the continent, and AFC remains at the forefront, leveraging strategic collaborations with leading institutions to scale our impact and accelerate Africa’s industrialisation.”

As AFC continues to deepen its presence across global funding markets, it remains committed to strengthening partnerships and unlocking innovative sources of capital to advance its mandate. The Corporation plays a catalytic role in mobilising capital for critical infrastructure projects that drive industrialisation, enhance regional integration, and support sustainable economic growth across Africa.

– on behalf of Africa Finance Corporation (AFC).

Media Enquiries:
Yewande Thorpe
Communications
Africa Finance Corporation
Mobile: +234 1 279 9654
Email: Yewande.thorpe@africafc.org

About AFC:
Africa Finance Corporation was established in 2007 to be the catalyst for pragmatic infrastructure and industrial investments across Africa. AFC’s approach combines specialist industry expertise with a focus on financial and technical advisory, project structuring, project development, and risk capital to address Africa’s infrastructure development needs and drive sustainable economic growth.

Nineteen years on, AFC has developed a track record as the partner of choice in Africa for investing and delivering on instrumental, high-quality infrastructure assets that provide essential services in the core infrastructure sectors of power, natural resources, heavy industry, transport, and telecommunications. AFC has 48 member countries and has invested over US$18.5 billion in 36 African countries since its inception.

About India Exim Bank:
India Exim Bank was set up in 1982 by an Act of Parliament and is fully owned by the Government of India. It is the principal financial institution for coordinating the working of institutions engaged in financing exports and imports. India Exim Bank, has over the years, played a catalytic role in facilitating India’s integration with the global economy by promoting, financing and facilitating India’s international trade and investment. The Bank’s range of programmes have helped Indian enterprises become competitive and develop a global footprint. For media enquiries, please contact eximlondon@eximbankindia.in

Media files

.

TBM launch signals a step towards water security for Gauteng and Lesotho

Source: Government of South Africa

TBM launch signals a step towards water security for Gauteng and Lesotho

By Dikeledi Molobela

Mokhotlong, Lesotho – In a major step toward securing water supply for South Africa’s economic heartland, the second Tunnel Boring Machine (TBM) was launched on Monday at the Polihali construction site, under Phase II of the Lesotho Highlands Water Project.  

Minister of Water and Sanitation Pemmy Majodina, alongside Lesotho’s Minister of Natural Resources Mohlomi Moleko, presided over the milestone event in the highlands of Mokhotlong, underscoring deepening regional cooperation between South Africa and Lesotho.

The delegation included Water and Sanitation Deputy Minister David Mahlobo, Principal Secretary of the Ministry of Natural Resources in the Kingdom of Lesotho, Relebohile Lebeta, the Lesotho Highlands Water Commission and the Lesotho Highlands Development Authority. 

The launch of the 423-metre-long TBM, designed to excavate a 38.5km tunnel connecting the Polihali Dam and Katse Dam, marks the transition from preparatory work to full-scale underground construction.

Addressing stakeholders, Majodina framed the moment as both technical and symbolic. 

“Today, we stand in the highlands of Lesotho — but we gather for a journey that begins deep beneath our feet. A journey that will stretch 38.5km through solid rock, connecting the Polihali and Katse Dams into a single, gravity-driven water system — a system that will move water without a single pump.

“This is engineering at its most purposeful. This is infrastructure at its most transformative,” the Minister said. 

The TBM, with a 5.38-metre cutterhead, will operate under extreme geological conditions — boring through rock beneath mountains rising over 3 000 metres and sections with up to 1 000 metres of overburden. 

Once complete, the tunnel will enable water to flow naturally between reservoirs without pumping, significantly improving efficiency.

The project is critical for South Africa, particularly Gauteng, which faces growing water constraints due to rapid urbanisation and industrial demand. 

“As the TBM advances, it brings us closer to the dream of a water secure Gauteng, which is the economic hub of the country and population growing rapidly despite being the smallest province in the country,” Majodina said.

The first and second TBM, which was launched at Katse in early 2025, are excavating from both ends of the tunnel to accelerate completion.

Progress to date includes more than 600 metres excavated from the Katse side and over 380 metres from Polihali, with both machines now operating simultaneously.

Beyond engineering, the project is expected to deliver substantial socio-economic benefits. 

Approximately 2 400 Basotho are currently employed, with over 1 100 individuals trained and more than 700 certified in various skills. Local economic participation has already exceeded M600 million.

“This is not incidental. It is intentional. This is how infrastructure builds nations,” Majodina emphasised. 

Once completed, the tunnel will increase water transfer to South Africa from 780 million cubic metres to 1 270 million cubic metres annually, while boosting hydropower generation at the Muela Hydropower Station by approximately 30%.

“This is not incremental change. This is a step-change in regional resilience for both the Kingdom of Lesotho and the Republic of South Africa,” she said.

The Minister also stressed governance and accountability in delivering the R9.2 billion project.

“Every Maloti invested, in this R9.2 billion project must deliver value to the people of Lesotho and South Africa,” she said.

The Lesotho Highlands Water Project, a long-standing bi-national initiative, is designed to harness the Orange–Senqu River system to augment water supply to South Africa while generating hydropower for Lesotho. 

Phase II includes the Polihali Dam, the transfer tunnel, Senqu Bridge and associated infrastructure such as bridges, roads, and social programmes. 

Looking ahead, one of the most technically demanding aspects of the project will be the “lake tap” a controlled underwater breakthrough into the Katse reservoir requiring precise alignment and pressure management.

“Let this Tunnel Boring Machine stand as a signal: That we are moving forward. That we are building. That we are delivering. Delivering with purpose. Delivering with integrity. Delivering for the people,” the Minister said. – SAnews.gov.za

 

DikelediM

24 views

Justice Minister Kubayi engages legal sector on transformation

Source: Government of South Africa

Justice Minister Kubayi engages legal sector on transformation

Minister of Justice and Constitutional Development Mmamoloko Kubayi has emphasised that the transformation of the legal sector remains integral to sustaining South Africa’s democracy.

On Monday, the Minister met with legal practitioners in a stakeholder engagement as part of government’s efforts to strengthen collaboration and advance transformation within the legal sector.
The Minister, who gave her remarks after the stakeholders had their say, noted that the session highlighted that there remain pockets of “resistance” to transformation in the sector.

“Most studies have indicated that the transformation of the legal profession is facing resistance by established players who have benefited from the status quo, and this has also manifested itself with legal challenges against the legal sector code.

“There are still many barriers that restrict the careers of talented black and female lawyers, including racist treatment, sexual harassment, and briefing patterns which give preference to white men.

“That can’t be ignored. It cannot be that it is not acknowledged that transformation is necessary in this sector, because the worst off in this sector remain the black women. We are going to have to work together…in partnership to be able to fight the resistance and transform our sector,” Kubayi said.

The Minister has instructed all State Attorney Offices to hold quarterly stakeholder engagements to deepen transformation even further.

A tool of economic freedom
Kubayi highlighted the importance of transformation as a source of economic freedom.
“For us to have a country and its democracy being sustainable, everybody must feel part of this country, including economically. Political freedom without economic freedom is meaningless. So, [legal] briefs and opportunities remain critical,” she said.

Turning to the Constitution, which commemorates 30 years since its adoption, the Minister noted that it enjoins the government to address past injustice and discrimination.

“It says to us that it is time for us to pause and reflect on the journey that we have travelled, renew ourselves in terms of the mandate and values, and principles of the Constitution.

“More importantly, transformation does not mean replacement of white faces with black faces. It’s about building a non-racial society. That’s what the Constitution says.

“But the Constitution also calls on us to address the injustices of the past,” she said. – SAnews.gov.za

 

NeoB

15 views

SAPS expresses concern on the publication of leaked affidavits

Source: Government of South Africa

SAPS expresses concern on the publication of leaked affidavits

The Gauteng South African Police Service’s (SAPS) Counter Intelligence Operation says it has noted with serious concern the circulation and publication of leaked affidavits linked to ongoing investigations into drug-related criminal networks in the country.

The SAPS noted the publication of certain information and pictures on the front page of The Sunday Times newspaper.

“While the SAPS recognises and respects the vital role played by the media in promoting accountability and uncovering the truth, we urge all media houses, especially the Sunday Times, journalists, social media content creators to exercise responsibility and restraint in handling such sensitive information,” the police said in a statement.

According to the police, the publication or dissemination of leaked affidavits – especially those containing details of witnesses, informants, and evidence – poses a direct and dangerous risk to the safety and lives of individuals who have come forward to assist police investigations.

Not only are the witnesses’ lives placed at risk, but their families too. These individuals who are witnesses in sensitive and high-profile cases often do so under conditions of trust to the police, said the police.

The police added that the premature release of such information has the potential to compromise ongoing investigations and alert criminals on police ongoing investigations.

“We would like to emphasise that the protection of witnesses and their families is of critical importance to the work of the police.

“We therefore urge members of the media, especially “The Sunday Times” to act in the interest of the lives and the families of witnesses and avoid publishing leaked affidavits and their personal information.

“We also make a call to some lawyers, attorneys and advocates working on these high profile cases not to leak information to the media and use that information solely to prepare for trial ready cases. We also make an appeal to social media users to also refrain from making unnecessary speculations and naming witnesses on cases, as witnesses lives are at risk,” the police said. – SAnews.gov.za

 

Edwin

127 views

La Banque africaine de développement et ILX Management B.V. (ILX) finalisent leur première transaction conjointe dans le domaine des énergies renouvelables en Égypte

Source: Africa Press Organisation – French


Le Groupe de la Banque africaine de développement (www.AfDB.org) et ILX Management B.V. (ILX) ont finalisé leur première transaction, marquant une étape importante dans leur partenariat visant à mobiliser des capitaux institutionnels européens pour des projets d’infrastructure respectueux du climat en Afrique.

ILX a investi 40 millions de dollars par le biais d’une participation au risque financée dans un prêt senior octroyé par la Banque africaine de développement, soutenant une société d’énergie renouvelable qui développe un projet d’énergie éolienne de 1,1 gigawatt en Égypte. Cet investissement fait partie d’un prêt de 140 millions de dollars accordé par le Groupe de la Banque.

Le Groupe de la Banque et ILX ont signé un accord de partenariat en 2023 afin d’accroître les investissements et de stimuler la mobilisation de capitaux d’investisseurs institutionnels pour les objectifs de développement durable et les projets du secteur privé portant notamment sur le climat dans les pays membres régionaux du Groupe de la Banque.

Ce projet, classé comme financement de l’atténuation du changement climatique dans le cadre du financement climatique de la Banque africaine de développement, contribue directement à la réduction des émissions grâce à la production d’électricité à partir de sources renouvelables. Il soutient la transition énergétique de l’Égypte en s’attaquant aux contraintes d’approvisionnement en électricité liées aux pénuries de combustibles fossiles, en réduisant la dépendance au gaz naturel et au fioul lourd, en préservant les réserves de change par la limitation des importations de combustibles et en accroissant la part des énergies renouvelables dans le bouquet énergétique national, conformément aux engagements du pays en matière de climat.

Cette première transaction illustre la mise en œuvre concrète du partenariat stratégique entre la Banque africaine de développement et ILX visant à accroître la participation des investisseurs institutionnels aux opérations du secteur privé non souverain, alignées sur l’Accord de Paris. Cette collaboration reflète le mandat du Groupe de la Banque, celui de mobiliser des capitaux privés pour le développement et l’action climatique, ainsi que la stratégie d’ILX, qui consiste à canaliser des capitaux des fonds de pension européens à long terme vers des investissements à fort impact, aux côtés de banques multilatérales de développement ayant une forte présence régionale et appliquant des normes environnementales, sociales et de gouvernance robustes.

Cet investissement contribue à la Stratégie décennale de la Banque africaine de développement et à la vision stratégique des Quatre points cardinaux de son président, Dr Sidi Ould Tah, notamment l’amélioration de l’accès aux capitaux, la construction d’infrastructures résilientes au climat et la réforme des institutions et systèmes financiers, tout en faisant progresser des objectifs climatiques plus larges grâce à des infrastructures énergétiques propres et à une croissance durable.

« Le secteur privé est un catalyseur indispensable de la croissance africaine ; sans son intégration, le développement durable et inclusif reste hors de portée. Par conséquent, la Banque africaine de développement donne la priorité à la mobilisation de l’investissement privé en tant que pilier essentiel pour combler les déficits de financement substantiels du continent », a déclaré le président du Groupe de la Banque africaine de développement, Dr Sidi Ould Tah.

« Cette première transaction avec ILX illustre la manière dont la Banque continue de mobiliser des capitaux institutionnels à long terme pour soutenir des infrastructures durables dans nos pays membres régionaux. En travaillant avec des partenaires tels qu’ILX, la Banque accélère la transition énergétique de l’Afrique tout en maintenant un fort impact sur le développement et des normes ESG (environnement, social, gouvernance) rigoureuses », a-t-il poursuivi.

« La finalisation de notre première transaction avec la Banque africaine de développement est une étape importante pour ILX. L’expertise régionale approfondie de la Banque en Afrique et son expérience avérée dans la structuration de projets à fort impact donnent aux investisseurs institutionnels la confiance nécessaire pour déployer des capitaux à grande échelle. Cet investissement démontre de quelle manière les partenariats de financement du développement peuvent mobiliser des fonds de pension pour soutenir la croissance liée au climat dans les marchés émergents et en Afrique en particulier », a déclaré Manfred Schepers, directeur général d’ILX.

Pour le ministre néerlandais du Commerce extérieur et de la Coopération au développement, Sjoerd Sjoerdsma, « Cette transaction montre le pouvoir des institutions multilatérales et des partenariats. ILX et la Banque africaine de développement jettent des ponts, permettant aux investisseurs institutionnels d’intervenir et de débloquer des investissements à grande échelle. Ce projet renforce la sécurité énergétique et la résilience économique de l’Égypte, des éléments essentiels dans le contexte actuel. Les Pays-Bas, aux côtés de l’Allemagne et du Royaume-Uni, ont soutenu ILX lors de sa phase de démarrage et continuent de soutenir cette initiative. Nous félicitons la Banque africaine de développement et ILX d’avoir démontré que le financement du développement est une classe d’actifs évolutive, et nous nous réjouissons des nombreuses autres transactions à venir. »

Distribué par APO Group pour African Development Bank Group (AfDB).

Contact médias :
Groupe de la Banque africaine de développement :
Amba Mpoke-Bigg,
Département de la communication et des relations extérieures
media@afdb.org

ILX :
Guillaume Le Bris
g.lebris@ilxfund.com

À propos du Groupe de la Banque africaine de développement :
Le Groupe de la Banque africaine de développement est la première institution de financement du développement en Afrique. Il comprend trois entités distinctes : la Banque africaine de développement, le Fonds africain de développement et le Fonds spécial du Nigeria. La Banque africaine de développement, présente dans 44 pays africains et disposant d’un bureau extérieur au Japon, contribue au développement économique et au progrès social de ses 54 États membres régionaux.

Site internet : www.AfDB.org

À propos d’ILX Management B.V. (ILX) :
ILX est un gestionnaire d’actifs basé à Amsterdam, aux Pays-Bas, spécialisé dans les investissements en dette privée sur les marchés émergents et les économies en développement. ILX mobilise des fonds de pension à long terme en investissant dans des participations à des prêts octroyés par les banques multilatérales de développement et les principales institutions de financement du développement. ILX se concentre sur les investissements alignés sur les Objectifs de développement durable (ODD) et la lutte contre le changement climatique dans quatre secteurs prioritaires : l’accès à l’énergie et l’énergie propre, l’industrie et les infrastructures durables, la finance inclusive et la sécurité alimentaire.

Les fonds ILX sont soutenus par des investisseurs européens de premier plan dans le secteur des fonds de pension et proposent une stratégie de dette privée évolutive conçue pour générer des rendements attrayants ajustés au risque, ainsi qu’un impact mesurable sur le développement et le climat.

La Banque africaine de développement et le gouvernement italien signent un accord de cofinancement pour renforcer leur partenariat en faveur de secteurs clés en Afrique

Source: Africa Press Organisation – French


Le gouvernement italien par l’intermédiaire du ministère de l’Économie et des Finances et du ministère des Affaires étrangères et de la Coopération internationale et le Groupe de la Banque africaine de développement (www.AfDB.com) ont signé un accord bilatéral de cofinancement renforçant leur partenariat stratégique pour investir dans des projets prioritaires dans des secteurs clés en Afrique : énergie, agriculture, eau, infrastructures et développement du capital humain.

L’accord a été signé à Washington D.C. par Dr Sidi Ould Tah, président du Groupe de la Banque africaine de développement et Giancarlo Giorgetti, ministre italien de l’Économie et des Finances. Il marque une étape importante dans la mise en œuvre du Plan Mattei de l’Italie pour l’Afrique et de la Stratégie décennale 2024-2033 du Groupe de la Banque, qui engage l’institution à intensifier ses investissements et sa mise en œuvre dans ses pays membres régionaux.

Aux termes de cet accord, jusqu’à 140 millions d’euros seront déployés parallèlement aux financements propres de la Banque, dont 100 millions d’euros sous forme de financements concessionnels et 40 millions d’euros sous forme de dons, qui proviendront respectivement des ressources existantes du Fonds renouvelable italien pour la coopération internationale au développement et à celles du ministère italien des Affaires étrangères et de la Coopération pour le développement. Le Groupe de la Banque africaine de développement administrera ces ressources conformément à ses politiques, procédures et normes fiduciaires.

« Je salue la signature de cet accord de partenariat stratégique avec l’Italie, qui souligne l’excellente qualité de notre coopération bilatérale. Outre les ressources supplémentaires qu’il apporte à nos pays membres régionaux, cet accord marque l’aboutissement d’initiatives conjointes entre le Groupe de la Banque et l’Italie, en vue de relever les défis du développement en Afrique. Il est pleinement conforme à l’approche de cofinancement promue par les Quatre points cardinaux du Groupe de la Banque africaine de développement et s’aligne sur la Nouvelle architecture financière africaine pour le développement (NAFAD) », a déclaré Dr Sidi Ould Tah.

La facilité bilatérale renforcera l’enveloppe de ressources et la capacité de cofinancement du Groupe de la Banque, permettant ainsi d’accroître les investissements alignés sur les priorités stratégiques de la Banque et ses Quatre points cardinaux, en particulier en ce qui concerne la mobilisation des capitaux, l’élargissement des partenariats et la promotion d’une croissance tirée par l’investissement. Il soutiendra également les efforts déployés pour relever les principaux défis du développement, notamment la création d’emplois, la sécurité alimentaire, la résilience au climat et l’accès à l’énergie.

L’accord complète les initiatives conjointes en cours entre l’Italie et le Groupe de la Banque africaine de développement dans le cadre du Plan Mattei, notamment la Facilité de financement du processus de Rome/Plan Mattei (RPFF) et la Plateforme de croissance et de résilience pour l’Afrique (GRAf), renforçant ainsi davantage un cadre de partenariat global couvrant le financement des secteurs public et privé.

« Cet accord constitue une étape concrète dans la mise en œuvre du Plan Mattei et réaffirme l’engagement de l’Italie à bâtir des partenariats équitables et à long terme avec les pays africains. En collaborant avec la Banque africaine de développement, nous tirons parti d’un partenaire de confiance pour maximiser l’impact de nos ressources sur le développement et soutenir l’investissement durable dans des secteurs clés », a déclaré le ministre Giorgetti.

L’accord souligne l’engagement commun de l’Italie et du Groupe de la Banque africaine de développement à promouvoir une approche du développement fondée sur le partenariat, combinant des investissements publics et privés, renforçant les capacités institutionnelles et s’attaquant aux causes profondes de la fragilité et des migrations par le biais d’une croissance économique durable.

Distribué par APO Group pour African Development Bank Group (AfDB).

Contact :
Amba Mpoke-Bigg,
Département de la communication et des relations extérieures,
Groupe Banque africaine de développement,
media@afdb.org

Over 1 300 cattle in Lusikisiki vaccinated against FMD

Source: Government of South Africa

Over 1 300 cattle in Lusikisiki vaccinated against FMD

More than 1 300 cattle in the Eastern Cape’s Ngobozana Administrative area in Lusikisiki, have been vaccinated against Foot and Mouth Disease (FMD) as efforts to contain the spread of the disease continue.

The vaccination drive, conducted on Friday, forms part of a broader provincial campaign that has seen over 302 000 cattle inoculated since the arrival of FMD vaccines in South Africa.

Deputy Minister of Agriculture Zoleka Capa, who joined the campaign, commended the provincial department for its efforts to contain the outbreak. She underscored the importance of coordinated interventions to protect livestock and safeguard rural livelihoods.

“We are encouraged by the strong turnout of farmers supporting the campaign to ensure their cattle are vaccinated. We aim to continue with programmes that will help keep livestock healthy,” Capa said.

Local farmer Sipho Giwu welcomed the initiative, noting that many farmers lacked access to vaccines and information about the vaccination process.

“FMD has caused significant losses across the country, and we are pleased that our animals are now being vaccinated. Government is also encouraging livestock tagging, which will help address stock theft, a major concern in the province,” Giwu said.

Agriculture Minister John Steenhuisen recently confirmed that government has secured a steady supply of vaccines to sustain the campaign. To date, four million doses have been received, including 2.5 million from Biogénesis Bagó and 1.5 million from Dollvet.

READ | Progress in national FMD vaccination drive

An additional two million doses from Dollvet are expected by the end of April. Furthermore, an order for five million doses from Biogénesis Bagó has been placed through Onderstepoort Biological Products, with 3.5 million doses anticipated to arrive before the end of April 2026.

Vaccination efforts are being implemented using a risk-based approach, prioritising areas with high concentrations of susceptible livestock.

On 10 April 2026, Steenhuisen announced plans to publish a Routine Vaccination Scheme for FMD under the Animal Diseases Act, 1984. The proposed framework aims to strengthen long-term disease control measures.

Public comments on the draft scheme closed on 17 April 2026, with submissions directed to the FMD Command Centre. The final scheme is expected to be published on 24 April 2026. – SAnews.gov.za
 

 

GabiK

26 views

African Development Bank and Government of Italy sign co-financing agreement to strengthen partnership for support to key sectors in Africa

Source: APO


.

The Government of Italy, through the Ministry of Economy and Finance and the Ministry of Foreign Affairs and International Cooperation and the African Development Bank Group (www.AfDB.org) have signed a bilateral co-financing agreement strengthening their strategic partnership to support priority projects across key sectors in Africa, including energy, agriculture, water, infrastructure, and human capital development.

The agreement was signed by the President of the African Development Bank Group, Dr Sidi Ould Tah, and Italy’s Minister of Economy and Finance, Giancarlo Giorgetti, in Washington D.C., marking a significant milestone in the implementation of Italy’s Mattei Plan for Africa and the Bank Group’s Ten-Year Strategy 2024-2033, which commits the institution to scaling up investment and implementation across its regional member countries.

Under the agreement, up to EUR 140 million, comprising EUR 100 million in concessional financing and EUR 40 million in grant resources, will be respectively charged to the existing resources of the Italian Revolving Fund for Development International Cooperation and of the Italian Ministry of Foreign Affairs and Development Cooperation, to be deployed alongside the Bank’s own financing. The African Development Bank will administer these resources in line with its policies, procedures, and fiduciary standards.

“I welcome the signing of this strategic partnership agreement with Italy which underscores the excellent quality of our bilateral cooperation. Outside the additional resources it provides for the benefit of our regional member countries, the agreement marks the culmination of joint initiatives between the Bank Group and Italy, to address development challenges in Africa. It is fully in line with the co-financing approach, promoted by the African Development Bank Group’s Four Cardinal Points and aligns with the New African Financial Architecture for Development (NAFAD),” said Dr Sidi Ould Tah.

The bilateral facility will strengthen the Bank Group’s resource envelope and co-financing capacity, enabling the scaling-up of investments aligned with the Bank’s strategic priorities and its Four Cardinal Points, particularly in mobilizing capital, scaling partnerships, and advancing investment-led growth. It will also support efforts to address key development challenges, including job creation, food security, climate resilience, and access to energy.

The agreement complements ongoing joint initiatives between Italy and the African Development Bank under the Mattei Plan, including the Rome Process/Mattei Plan Financing Facility (RPFF) and the Growth and Resilience Platform for Africa (GRAf), further reinforcing a comprehensive partnership framework across public and private sector financing.

“This agreement represents a concrete step in the implementation of the Mattei Plan and reaffirms Italy’s commitment to building equitable and long-term partnerships with African countries. By working with the African Development Bank, we are leveraging a trusted partner to maximize the development impact of our resources and support sustainable investment across key sectors,” said Minister Giorgetti.

The agreement underscores the shared commitment of Italy and the African Development Bank to advancing a partnership-based approach to development, combining public and private investment, strengthening institutional capacity, and addressing the root causes of fragility and migration through sustainable economic growth.

Distributed by APO Group on behalf of African Development Bank Group (AfDB).

Contact:
African Development Bank Group:
Amba Mpoke-Bigg,
Communication and External Relations Department;
email: media@afdb.org

About the African Development Bank Group: 
The African Development Bank Group is Africa’s premier development finance institution. It comprises three distinct entities: the African Development Bank (AfDB), the African Development Fund (ADF) and the Nigeria Trust Fund (NTF). On the ground in 41 African countries with an external office in Japan, the Bank contributes to the economic development and the social progress of its 54 regional member states.

For more information: www.AfDB.org