Published 24 July 2019, by Noni Mokati
Archive for month: Jul, 2019
Published 4 July 2019, by Mercury Reporter
Durban – A $1 billion Belt and Road Africa Fund was announced on the sidelines of the annual WEF Summer Davos Meeting, which is currently under way in Dalian, China.The fund, to be headed by chairman-designate Dr Iqbal Survé, will focus on investments on the African continent, which will include co-investments in infrastructure, technology, e-Commerce, artificial intelligence (AI) and the beneficiation of the resource industry in Africa.
Most importantly, the fund will serve as a bridge between African and Chinese businesses, thus strengthening, particularly, the co-operation between business sectors in China and Africa.
Dr Survé, who is the chairman of the Sekunjalo Group, along with several Chinese family offices and business people, launched the fund, which will be capitalised with a billion dollars from wealthy Chinese investors.
Please read full article here
Published 3 July 2019, by Sizwe Dlamini
CAPE TOWN – Sekunjalo chairperson Dr Iqbal Survé is set to head up a $1 billion (R14bn) Belt and Road Africa Fund that was announced on the sidelines of the annual World Economic Forum (WEF) Summer Davos Meeting, which is underway in Dalian, China.
The fund will focus on investments in Africa, which will include co-investments in infrastructure, technology, eCommerce, artificial intelligence (AI) and the beneficiation of the resource industry in Africa. Most importantly, the fund will serve as a bridge between African and Chinese businesses, thus strengthening, particularly, the co-operation between business sectors in China and Africa.
Survé, along with several Chinese family offices and business people, launched the fund, which will be capitalised with $1bn from Chinese investors.
Please read the full article here.