Solar energy deal: Mergence Investment Managers has invested R160m in Solarise Africa, an energy-as-a-service company for businesses across Africa. The investment, comprising local debt as well as a mezzanine facility, will be instrumental in advancing the deployment of Commercial & Industrial (C&I) scale renewable energy solutions across South Africa. Mosa Molebatsi, Senior Investment Associate at Mergence Investment Managers says that ongoing demand makes companies like Solarise Africa an attractive investment option, highlighting the resilience and growth potential of the C&I sector.
Are the Magnificent Seven losing their shine?
The Magnificent Seven are the group of mega cap stocks – Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, Tesla – that