Finance

SA’s Mahlako Financial announced a R1.5bln investment in the energy sector

SA’s Mahlako Financial announced a R1.5bln investment in the energy sector
Friday, 09 April 2021 13:02

South African investment fund manager Mahlako Financial Services announced an investment of R1.5 billion ($103 million) in the energy value chain.

“This is a 100% black female-owned energy fund with a mandate that expands beyond renewable energy, to include gas and energy services sectors, as we endeavor to tackle, disrupt and transform SA’s energy sector,” said Makole Mupita, Co-founder of Mahlako Financial.

Before this initiative, the company already launched a R1.5 billion fund focused on the South African energy sector. The vehicle, called the Mahlako-a-Phahla Energy Fund (MAPEF), aimed to bridge the investment gap in the energy sector, but also to seize opportunities in the sector.

The new vehicle will not only allow black investors to own assets in the energy sector but will also help the rainbow nation reduce its dependence on a few primary energy sources to diversify its energy mix.

Chamberline Moko

On the same topic
SIB net profit rose to 56 billion CFA francs in 2025 Lower risk costs and higher income supported performance Assets, loans and deposits...
Loan-loss provisions at the nine BRVM-listed banks that reported 2025 earnings rose 18% to $137 million as regional growth hit a record 6.7%. BOA...
Company seeks to raise 485.8 billion naira through share offering Funds to support expansion and reduce debt Strategy aims to boost local sugar...
AFC raises $100 million from India’s Exim Bank over five years Funding to support infrastructure and industrial projects in Africa Deal reflects...
Most Read
01

(EBID) - EBID aims to allocate nearly 41% of its commitments to projects with environmental and...

EBID makes giant strides for a green transition in west africa
02

Mahindra & Mahindra is considering a CKD assembly plant near Durban to strengthen its presence i...

Mahindra & Mahindra Eyes Major Shift to Full Vehicle Assembly in South Africa
03

AFC disbursed €43 million for Côte d’Ivoire solar project Financing supports 66 MW pla...

AFC Backs First Green Project Finance Bond for 66MW Côte d’Ivoire Solar Plant
04

Mobile phones have become essential tools for work, education, payments and staying connected across...

EU Mandates Removable Phone Batteries. What It Means for Africa’s Device Market 
05

MTN Ghana launches crackdown on mobile money agent fraud Audits trigger warnings, suspensions...

MTN Ghana tightens controls on mobile money agents over fraud concerns
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.