South Africa’s Absa Purchasing Managers’ Index (PMI) takes a nosedive in January, pointing to significant challenges ahead for the nation’s economy.
Ikeoluwa Juliana Ogungbangbe

Ikeoluwa Juliana Ogungbangbe
Ikeoluwa Ogungbangbe, with her four-year tenure as a writer, fervently champions early leadership ideals. Her flagship program, "From Seed to Sequoia Initiative," is a testament to her commitment, where she mentors secondary school students, helping shape their futures. Ikeoluwa emphasizes the transformative power of human connections. She strongly asserts that genuine, authentic friendships and relationships are the foundational pillars that drive individual and collective success. Guiding young minds, she believes in laying down roots of integrity, passion, and resilience.
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Investec foresees a resurgence in South African mergers and acquisitions (M&A) as confidence returns, driven by improving economic indicators.
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Energy TransitionIn the News
Eskom Explores Electricity Credit Tokens to Boost Virtual Wheeling Model
Eskom considers integrating Electricity Credit Tokens into their virtual wheeling model, promising a more efficient power transaction system.
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Energy TransitionIn the News
€270 Million German Fund Opens for South African Green Hydrogen Projects
Germany’s Power-to-X fund offers €270 million in grants to South African developers for advanced green hydrogen projects, aiming to boost industrial-scale ventures.
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Energy TransitionIn the News
Eskom Boosts Wind Energy with New Grid Capacity in Western and Eastern Cape
Eskom’s latest addendum to the GCCA 2025 introduces a curtailment strategy, freeing up substantial grid capacity for wind energy projects in key South African regions.
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Energy TransitionIn the News
USTDA Facilitates US-South Africa Collaboration on Green Hydrogen Development
The US Trade and Development Agency is set to host a South African delegation to promote collaboration in the burgeoning green hydrogen sector.
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Energy TransitionIn the News
Nigeria Activates $1.3 Billion Chinese-Backed Power Plant, Boosting Energy Capacity
Mainstream Energy has started operating a new 700 MW hydroelectric plant in Zungeru, Nigeria, financed with a $1.3 billion loan from China.
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Tullow Oil anticipates a significant cash flow increase, backed by its Jubilee South East project, driving shares up by 8%.
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Energy TransitionIn the News
South Africa Plans Independent Transmission Project Office to Boost Grid Capacity
The government of South Africa aims to establish an independent transmission project office to procure new grid capacity using a build, operate, and transfer (BOT) model to address ongoing electricity …
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In the News
DBSA Pledges Support for Black Firms and Communities in Renewable, Battery, and Gas Energy Bids
Development Bank of Southern Africa (DBSA) to play a vital role in public procurement for 7,615 MW of new energy generation and storage, focusing on inclusion and empowerment.