Janus Capital, the investment arm of the Janus Continental Group, is investing $13 million in the renewable energy storage company, Highview Enterprise Limited, in return for a significant undisclosed stake in its capital. This transaction was carried out in collaboration with the Japanese industrial group Sumitomo Heavy Industries and the firm TSK.
“The investment will tackle the renewable energy storage gap that currently exists across Africa, where nearly 600 million people live without access to electricity,” says Janus Continental Group, a conglomerate with businesses in the Energy, Hospitality, and Real Estate in Africa and Europe.
JCG's commitment to the energy sector in Africa is part of its program to develop energy infrastructure in underserved areas of the continent. The group estimates that the low access and power shortages in the Great Lakes and Southern Africa regions are the results of an infrastructure deficit of about $108 billion.
As part of this investment, Highview Enterprise Limited will deploy its energy storage technology in key Janus markets in sub-Saharan Africa. This will strengthen Janus’s footprint in Africa's energy sector and the provision of sustainable energy solutions for businesses and individuals in its key markets in Zambia, Kenya, Uganda, and Mozambique.
Chamberline Moko
Deposits grow 2.7%, supporting lending recovery Average loan sizes small, credit risk persists ...
Oil majors expand offshore exploration from Senegal to Angola Gulf of Guinea accounts for about 1...
MTN is considering buying back telecom towers it sold years ago, signalling that control of infras...
Rwanda, partners break ground on $2 billion Kigali Innovation City Smart city targets ...
The BCEAO granted Semoa a level-3 “full service” payment institution license on January 27, 2026...
Egypt targets doubling oil production within five years Government renegotiates contracts to attract foreign investment Plan includes arrears...
Douala port to build 300 MW power plant CFA 628 billion BOT project backed by Chinese firms Plant aims to secure power, ease grid pressure The Port...
Gabon unveils Elobey VI for Libreville–Port-Gentil route Vessel supports river, maritime logistics strategy Route vital amid limited, poorly paved...
In volume terms, Botswana is Africa’s largest diamond producer and the world’s second largest. While Angola is unlikely to challenge that position in the...
Porlahla Festival ends third edition in Kouto, promoting Senufo culture Event draws regional and international participants, boosting cultural...
Essaouira is a coastal city in Morocco, on the Atlantic Ocean, in the Marrakech–Safi region, about two and a half hours by road from Marrakech. It stands...