PE firm Harith buys African infrastructure fund for R6.5bn

A group of investors led by South African private equity firm Harith General Partners agreed to buy out an infrastructure fund with stakes in assets including Lanseria International Airport and Kelvin Power Station for R6.5-billion. The deal provides an exit opportunity for investors in the first Pan African Infrastructure Development Fund, which includes the continent’s largest pension fund — South Africa’s Government Employees Pension Fund — along with Absa Bank, Old Mutual and others. Harith will team up with Mergence Investment Managers and Zungu Investments
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JUWI South Africa takes the lead on Senegal’s newest mine-site hybrid solar plant

French multinational miner Eramet’s subsidiary Eramet Grande Côte and renewable energy company JUWI Renewable Energies South Africa have closed a €30-million, or R600-million, deal to build a solar PV and battery storage solution for Eramet’s mine in Diogo, Senegal.

The planned 20 MW solar and 11 MWh battery project will meet 20% of the mine’s energy needs and reduce the mine’s carbon emissions by 25 000 t/y, mostly owing to the mine’s reduced reliance on heavy fuel oil.

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Innovation, regulation, cybersecurity dominate 2025 AI trends

With the growing adoption and further development of AI, the technology is continuing to reshape the data centre industry – a reality reflected in the projected 2025 data centre trends determined by critical digital infrastructure and continuity solutions provider Vertiv, which it reported at its Powering the AI Era conference, on November 20, in Bologna, Italy. The company’s experts anticipate increased industry innovation and integration to support high-density computing, regulatory scrutiny around AI and an increasing focus on sustainability and cybersecurity efforts.
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