Newsroom

Mulilo and CIP secure over R1 billion investment from Norfund

Mulilo, a leading South African renewable energy developer and Independent Power Producer (IPP), on Thursday announced a$75 million (over R1 billion) investment from Norfund, the Norwegian investment fund for developing countries. This strategic investment, managed through Norfund’s Climate Investment Fund, marks a significant milestone in Mulilo’s journey to deliver clean, reliable,…
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Siemens reports record profit thanks to AI, software

German industrial giant Siemens reported record net income for a third consecutive year on Thursday, which company executives credited to growth in areas like software and artificial intelligence.The Munich-based group netted 10.4 billion euros (about $12.1 billion) in income between October 2024 and September 2025, up 16 percent over the…
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