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Lango and Rand Merchant Bank (RMB) take a lead in propelling Africa’s sustainability agenda

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RMB

The generation of compelling and sustainable investor returns through the acquisition of prime commercial real estate assets in key gateway cities across Africa is central to Lango’s business model

JOHANNESBURG, South Africa, September 29, 2023/APO Group/ — 

Leading pan-African real estate firm Lango has proactively appointed RMB (www.RMB.co.za) to act as sole sustainability advisor and coordinator for its first sustainability-linked financing package.

The generation of compelling and sustainable investor returns through the acquisition of prime commercial real estate assets in key gateway cities across Africa is central to Lango’s business model. Lango has recognised that to promote growth and secure the long-term sustainability and longevity of its assets, a sustainability strategy in line with international best practice is required.

Lango owns a diversified and growing portfolio worth more than USD600 million comprising of prime commercial assets in select African countries, including Ghana, Nigeria, Zambia, and Angola. RMB, who also have a minority shareholding in the business, has acted as a funding partner to Lango since inception and has an aligned interest in enabling Lango’s sustainability strategy.

As sustainability advisor, RMB has been instrumental in supporting Lango’s establishment of a holistic sustainable finance framework (SFF), which considers both use of proceeds loans (such as green and social loans) and sustainability-linked loans. In reference to the SFF, RMB as sole sustainability coordinator implemented a USD325 million sustainability-linked loan (SLL) package jointly funded with Standard Bank – one of the largest sustainability-linked loans implemented to date in Africa.

Lango’s commitment and utilisation of sustainable finance as a leading African real estate organisation will prove transformative for the sector

The development of the SFF is a significant milestone for Lango in its sustainability journey, as it integrates Lango’s financial strategy and sustainability goals, along with enhancing the transparency of sustainability reporting.

Says Thomas Reilly, CEO of Lango: “The implementation of a sustainable finance framework not only allows Lango to take a leading role in furthering the sustainability agenda in Africa, but also allows Lango the opportunity to credibly tap the impact-related financial markets internationally in order to secure additional growth capital.  The framework tangibly demonstrates our commitment to sustainability, not only to our stakeholders, but also to the various communities across the continent in which we operate. We have worked together with RMB to develop a SFF that enables Lango to repeatedly access the sustainable finance market in an efficient manner, thereby facilitating further growth, value creation and the positive impact of the business.” 

In establishing the SFF, RMB worked with Lango’s senior management to identify the key performance indicators (KPIs) that will catalyse Lango’s decarbonisation and overall sustainability ambitions. These KPIs include increasing the use of renewable energy sources, ensuring buildings are green certified, and improving Lango’s gender diversity. The renewable energy that is expected to be installed over the period of the sustainability linked loan is anticipated to equate to the power requirement for approximately 2,437 homes. Lango will also aim to achieve 20% improvements in energy, water, and embodied energy in materials in most of their buildings by 2025.

The real estate sector has a significant environmental footprint in term of energy consumption, greenhouse gas emissions, and waste generation. In support of the United Nations Sustainable Development Goals, it has become important for funders internationally to financially incentivise real estate developers and investors to prioritise environmentally friendly practices such as renewable energy adoption and sustainable construction practices. Not only can this help to mitigate climate change, but it also enhances the long-term value and marketability of real estate assets. 

“Lango has cemented its commitment to achieving ambitious sustainability goals, with the aim of ensuring all their assets are managed through the lens of corporate responsibility, accountability, and sustainability. With a growing sustainability agenda in Africa, Lango’s commitment and utilisation of sustainable finance as a leading African real estate organisation will prove transformative for the sector, while ensuring a meaningful contribution to the continent’s sustainability goals,” says Reinhard Winsauer, head of RMB’s broader Africa Real Estate Investment Banking division.

“The close relationship we have developed with Lango over time enabled us to deliver a bespoke transaction that meets Lango’s ongoing financing needs and strategic imperatives, while also supporting our commitment to reduce financed emissions and achieve net zero financed emissions by 2050. In addition, this funding package is a substantial contribution to RMB’s commitment to facilitate over R200 billion in sustainable finance,” he concludes.

Distributed by APO Group on behalf of Rand Merchant Bank.

Events

As global power structures shift, Invest Africa convenes The Africa Debate 2026 to redefine partnership in a changing world

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Debate

The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation

LONDON, United Kingdom, February 5, 2026/APO Group/ –As African economies assert greater agency in a rapidly evolving global order, Invest Africa (www.InvestAfrica.com) is delighted to announce The Africa Debate 2026, its flagship investment forum, taking place at the historic Guildhall in London on 3 June 2026.

Now in its 12th year, The Africa Debate has established itself as London’s premier platform for African investment dialogue since launching in 2014, convening over 800 global decision-makers annually to shape the future of trade, finance, investment, and development across the continent.

Under the theme “Redefining Partnership: Navigating a World in Transition”, this year’s forum will focus on Africa’s response to global economic realignment with greater agency, ambition and economic sovereignty.

The Africa Debate puts Africa’s priorities at the centre of the conversation, moving beyond traditional narratives to focus on ownership, resilience and long-term value creation.

“Volatility is not new to Africa. What is changing is the opportunity to respond with greater agency and ambition,” says Invest Africa CEO Chantelé Carrington.

“This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy — so African economies can take greater ownership of their growth. Success will be defined by how effectively we turn disruption into leverage and partnership into shared value.”

The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation.

Key challenges driving the debate

Core focus areas for this year’s edition of The Africa Debate include:

This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy

Global Realignment & New Partnerships

How shifting geopolitical and economic power structures are reshaping Africa’s global partnerships, trade dynamics and investment landscape.

Financing Africa’s Future

The growing need to reform the global financial architecture, new approaches to development finance, as well as the strengthening of market access and financial resilience of African economies in a changing global system.

Strategic Value Chains

Moving beyond primary exports to build local value chains in critical minerals for the green economy. Also addressing Africa’s energy access gap and mobilising investment in renewable and transitional energy systems.

Digital Transformation & Technology

Unlocking growth in fintech, AI and digital infrastructure to drive productivity, inclusion, and the next phase of Africa’s economic transformation.

The Africa Debate 2026 offers a unique platform for high-level dialogue, deal-making, and strategic engagement. Attendees will gain actionable insights from leading policymakers, investors and business leaders shaping Africa’s economic future, while building strategic partnerships that define the continent’s next growth phase.

Registration is now open (http://apo-opa.co/46b19gj).

Distributed by APO Group on behalf of Invest Africa.

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Business

Zion Adeoye terminated as Chief Executive Officer (CEO) of CLG due to serious personal and professional conduct violations

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CLG

After a thorough internal and external investigation, along with a disciplinary hearing chaired by Sbongiseni Dube, CLG (https://CLGglobal.com) has made the decision to terminate Zion Adeoye due to serious personal and professional conduct violations. This process adhered to the Code of Good Practice of the Labour Relations Act, ensuring fairness, transparency, and compliance with South African law.

Mr. Adeoye has been held accountable for several serious offenses, including:

  • Making malicious and defamatory statements against colleagues
  • Extortion
  • Intimidation
  • Fraud
  • Misuse of company funds
  • Theft and misappropriation of funds
  • Breach of fiduciary duty
  • Mismanagement

His actions are in direct contradiction to our firm’s core values. We do not approve of attorneys spending time in a Gentleman’s Club. CLG deeply regrets the impact this situation has had on our colleagues and continues to provide full support to those affected.

We want to express our gratitude to those who spoke up and to reassure everyone at the firm of our unwavering commitment to maintaining a respectful workplace. Misconduct of any kind is unacceptable and will be addressed decisively.

We recognize the seriousness of this matter and have referred it to the appropriate law enforcement, regulatory, and legal authorities in Nigeria, Mauritius, and South Africa. We kindly ask that the privacy of the third party involved be respected.

Distributed by APO Group on behalf of CLG.

 

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Business

The International Islamic Trade Finance Corporation (ITFC) Strengthens Partnership with the Republic of Djibouti through US$35 Million Financing Facility

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ITFC

This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties

JEDDAH, Saudi Arabia, February 5, 2026/APO Group/ –The International Islamic Trade Finance Corporation (ITFC) (https://www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, has signed a US$35 million sovereign financing facility with the Republic of Djibouti to support the development of the country’s bunkering services sector and strengthen its position as a strategic regional maritime and trade hub.

The facility was signed at the ITFC Headquarters in Jeddah by Eng. Adeeb Yousuf Al-Aama, Chief Executive Officer of ITFC, and H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti.

The financing facility is expected to contribute to Djibouti’s economic growth and revenue diversification by reinforcing the competitiveness and attractiveness of the Djibouti Port as a “one-stop port” offering comprehensive vessel-related services. With Red Sea Bunkering (RSB) as the Executing Agency, the facility will support the procurement of refined petroleum products, thus boosting RSB’s bunkering operations, enhancing revenue diversification, and consolidating Djibouti’s role as a key logistics and trading hub in the Horn of Africa and the wider region.

We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth

Commenting on the signing, Eng. Adeeb Yousuf Al-Aama, CEO of ITFC, stated:

“This financing reflects ITFC’s continued commitment to supporting Djibouti’s strategic development priorities, particularly in strengthening energy security, port competitiveness, and trade facilitation. We are proud to deepen our partnership with the Republic of Djibouti and contribute to sustainable economic growth and regional integration.”

H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti, commented: “Today’s signing marks an important milestone in the development of Djibouti’s bunkering services and reflects our strong and valued partnership with ITFC, particularly in the oil and gas sector. This collaboration supports our ambition to position Djibouti as a regional hub for integrated maritime and logistics services. We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth.”

This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties.

Since its inception in 2008, ITFC and the Republic of Djibouti have maintained a strong partnership, with a total of US$1.8 billion approved primarily supporting the country’s energy sector and trade development objectives.

Distributed by APO Group on behalf of International Islamic Trade Finance Corporation (ITFC).

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