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Maia Capital Partners provides Nesa Power with R150 million mezzanine debt funding

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The mezzanine debt funding will be used by Nesa as growth capital to fund the acquisition of solar photovoltaic (“Solar PV”) sites and expand its PPA portfolio

JOHANNESBURG, South Africa, July 1, 2026/APO Group/ –Maia Capital Partners (“www.MaiaCapital.co.za”) announced that they have provided R150 million mezzanine debt funding to the Nesa Power group (“Nesa”) a South African commercial and industrial (“C&I”) renewable energy group delivering integrated solar, storage and energy solutions under long-term Power Purchase Agreements (“PPAs”).

The mezzanine debt funding will be used by Nesa as growth capital to fund the acquisition of solar photovoltaic (“Solar PV”) sites and expand its PPA portfolio. Nesa is committed to providing renewable energy solutions that drive savings, ensure uninterrupted operations, and reduce businesses’ carbon footprints by offering tailored renewable solutions, including on-site and off-site generation and storage.

Since its inception, Nesa and its founders have built over 46 megawatt-peak (“MWp”) of Solar PV generation capacity and 6.5 megawatt-hours (“MWh”) of battery storage and has raised over R400 million in capital in managed funds that have invested in and currently operate over 70 Solar PV C&I assets on a PPA basis.

We are excited to partner with Nesa on this transaction and to support their growth as they continue to build out their renewable energy platform

The Nesa Power Group has built and operated C&I renewable energy assets through strategic investment partnerships and managed funds for more than a decade and has now evolved into an integrated renewable services group providing the C&I market with turnkey renewable energy services. Through its group companies, Nesa offers the market greenfield development, in-house design, engineering, procurement and construction management (“EPCM”), PPA funding, ownership and maintenance (“O&M”) services as well as carbon credit development services where the group has one of the 1st solar based VERRA carbon grouped projects in South Africa.

Tshandu Ramusetheli, CEO of Maia Capital, said: “We are excited to partner with Nesa on this transaction and to support their growth as they continue to build out their renewable energy platform. This investment sits at the heart of what we set out to achieve when we established our impact fund — deploying private capital to address real societal challenges. Providing clean, affordable energy to South African businesses is one of our key impact and investment objectives, and it directly supports the government’s ambition to strengthen the country’s energy security through expanded private sector generation. This partnership exemplifies our belief that impactful investments can drive both economic growth and social progress”.

Percy Ying, Co-Founder of Nesa Power and Group Chief Investment Officer, commented: “We are thrilled to welcome Maia Capital as a long term partner and are grateful for their confidence in Nesa’s vision and capabilities. This investment materially strengthens our ability to execute on the Group’s growth strategy — accelerating the growth of our PPA portfolio which will underpin our business going forward. The investment will also facilitate meaningful job creation and contribute positively to the broader South African economy — an outcome we are deeply committed to. We extend our gratitude to Maia Capital, our clients and stakeholders, as well as our valued management team for their unwavering belief in Nesa’s potential.”

Mike Bleyenheuft, Co-Founder and CEO of Nesa Power, added: “Securing this mezzanine facility from Maia Capital is a significant milestone for the Group and reflects the strength of the business we have built. The partnership with Maia Capital will ensure that Nesa continues to deliver innovative, high-quality renewable energy solutions to the C&I market. The energy transition in South Africa is accelerating, and with the private renewable market on a trajectory to surpass R200 billion by 2030, the opportunity ahead of us is substantial. We look forward to leveraging this partnership with Maia Capital to drive our next chapter of growth.”

Covington & Burling acted as legal counsel to Maia Capital

Distributed by APO Group on behalf of Maia Capital Partners.

 

Energy

Transnet Freight Rail Chief Executive Officer (CEO) to Spotlight South Africa’s Rail Reform at African Mining Week (AMW) 2026

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Etu Energias

As South Africa accelerates freight rail reforms and private sector participation to unlock mining investment, Transnet Freight Rail CEO Russell Baatjies will outline the company’s infrastructure modernization strategy and opportunities for investors at African Mining Week 2026

CAPE TOWN, South Africa, August 20, 2026/APO Group/ –Russell Baatjies, Group Chief Executive of Transnet Freight Rail, has been confirmed as a speaker at African Mining Week (AMW) 2026 – Africa’s premier gathering for the mining industry – taking place October 14-16 in Cape Town.

 

Baatjies will participate in the Regional Connectivity: Financing Africa’s Mineral Infrastructure panel, where he is expected to discuss Transnet’s strategy to modernize South Africa’s freight rail network, expand private sector participation and strengthen regional logistics corridors to support mining growth and cross-border trade.

His participation comes as South Africa accelerates sweeping logistics reforms aimed at removing infrastructure bottlenecks and unlocking greater investment across its mining sector. As the country seeks to mobilize R2 trillion to develop its critical minerals industry – including an estimated R40 trillion in untapped iron ore resources – expanding rail and port capacity has become central to increasing exports of coal, platinum group metals, manganese, chrome and iron ore while improving regional trade connectivity.

In May 2026, Transnet signed rail access agreements with 11 Train Operating Companies (TOCs) serving the coal, manganese, container, fuel and general freight sectors, marking a major step toward opening the national freight rail network to private operators. The agreements are expected to add 24 million tons of annual freight capacity, with the potential to increase to 52 million tons over the next five years, supporting South Africa’s goal of increasing annual rail volumes from approximately 180 million tons to 250 million tons by 2030.

Building on these reforms, Transnet launched the procurement process in June 2026 for The Leasing Company, a rolling stock leasing platform designed to improve access to locomotives and wagons for both established and emerging TOCs. The initiative is expected to increase asset utilization, strengthen freight capacity and attract greater private investment into Southern Africa’s rail sector.

The company is also reinforcing its financial position to accelerate infrastructure modernization through major financing agreements, including a €300 million loan from Agence Française de Développement, a €350 million loan from the European Investment Bank, a $278 million facility from the New Development Bank, a $1 billion loan from the African Development Bank and a R94.8 billion government guarantee package supporting its long-term recovery and investment program.

Alongside infrastructure investment, Transnet is strengthening collaboration with the mining industry to improve export capacity through strategic agreements with Exxaro ResourcesUnited Manganese of KalahariHotazel Manganese Mines and Tshipi é Ntle Manganese Mining, reinforcing efforts to support higher mining production through more efficient logistics.

At AMW 2026, Baatjies is expected to examine how rail modernization, private sector participation and regional logistics integration can unlock new mining investment while strengthening Africa’s mineral value chains and improving access to global markets.

 

 

Distributed by APO Group on behalf of Energy Capital & Power.

 

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Senegal’s President and Energy Minister Confirm Official Patronage at MSGBC Oil, Gas & Power 2026

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African Energy Chamber

MSGBC Oil, Gas & Power 2026 will take place from 1-3 December in Dakar under the High Patronage of President Bassirou Diomaye Faye and in partnership with the Ministry of Energy and Petroleum of the Republic of Senegal

DAKAR, Senegal, August 18, 2026/APO Group/ —MSGBC Oil, Gas & Power 2026 has confirmed the official participation of Senegalese President Bassirou Diomaye Faye and Minister of Energy and Petroleum Dr. El Hadji Abdourahmane Diouf at this year’s event, set to take place 1-3 December at the Centre International de Conférences Abdou Diouf (CICAD) in Dakar.

Held under the High Patronage of President Faye and in partnership with the Ministry of Energy and Petroleum, MSGBC Oil, Gas & Power 2026 reflects the Senegalese government’s commitment to advancing energy sector investment and development across the MSGBC basin.

Minister Diouf assumed office in June 2026 following the formation of Senegal’s new government, which restructured the former Ministry of Energy, Petroleum and Mines into separate portfolios to place dedicated institutional focus on the country’s expanding hydrocarbons sector. He previously served as Minister of Higher Education, Research and Innovation and as Minister of the Environment and Ecological Transition.

Their participation comes as Senegal consolidates its position as a new oil and gas producer. The Sangomar field produced 17.9 million barrels in the first half of 2026, while the Greater Tortue Ahmeyim LNG project – shared with Mauritania – is now operating at full capacity following its first export cargo in early 2025.

Organized under the theme Powering Investment, Delivering Prosperity: Executing the Region’s Energy Strategy, MSGBC Oil, Gas & Power 2026 will convene heads of state, ministers, investors, operators and development partners to shape the next phase of energy investment across Mauritania, Senegal, The Gambia, Guinea-Bissau and Guinea-Conakry.

For more information and registration, visit www.msgbcoilgasandpower.com https://apo-opa.co/4xL10v4.

Distributed by APO Group on behalf of Energy Capital & Power.

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Energy

Energy Intensive Users Group of Southern Africa (EIUG) and VUKA Group announce joint EIUG Conference and C&I Energy + Storage Summit

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Energy

The EIUG Conference will provide a platform for open dialogue on electricity industry challenges and opportunities

JOHANNESBURG, South Africa, August 18, 2026/APO Group/ –The Energy Intensive Users Group of Southern Africa (EIUG), together with VUKA Group (https://WeAreVUKA.com/), will co‑host the EIUG Conference alongside the C&I Energy + Storage Summit, created by VUKA Group, on 28–29 October 2026 at The Maslow Hotel, Sandton.

The EIUG Conference is more than a gathering – it is a platform to shape South Africa’s industrial energy future

The EIUG Conference will provide a platform for open dialogue on electricity industry challenges and opportunities. It will bring together government, industry leaders, energy‑intensive consumers, and service providers to exchange perspectives, strengthen industrial competitiveness, and explore solutions for South Africa’s energy future.

The two‑day programme features ministerial and industry keynotes, panel discussions on tariff escalation, carbon tax, CBAM, and electricity market reforms, as well as masterclasses on financing, digitalisation, grid security, and hydrogen development.

Delegates will also benefit from networking functions, case study presentations, and practical workshops designed to accelerate the just energy transition.

“The EIUG Conference is more than a gathering – it is a platform to shape South Africa’s industrial energy future,” says Fanele Mondi, EIUG CEO. “ By bringing together government, industry, and service providers, we aim to foster open dialogue and practical solutions that support competitiveness, sustainability, and resilience.”

For more information, visit EIUG Conference (https://apo-opa.co/4x0Wzwd).

Distributed by APO Group on behalf of VUKA Group.

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