Namibian tycoon Sven Thieme’s O&L sells clean energy stake to Belgium’s CMB.TECH
Namibian tycoon Sven Thieme’s O&L sells its Cleanergy stake to Belgium’s CMB.TECH, advancing Namibia’s green hydrogen ambitions.
Namibia
Dominic Sewela-led Barloworld gets Namibia green light in acquisition push
With this approval, the condition tied to Namibian regulatory clearance has been satisfied.
Paratus, led by Schalk Erasmus, rolls out Namibia’s first private mobile network
Paratus, led by Schalk Erasmus, invests $34M to launch Namibia’s first private LTE and 5G network, connecting 50 towns and 80 communities.
Ester Kali: The CEO driving Letshego Namibia’s $360 million financial empire
Ester Kali drives innovation and financial inclusion, building Letshego Namibia into a $360-million force for underserved communities.
Trustco’s debt to Namibia’s Van Rooyen family rises to $280 million
Trustco Group’s debt to Next Capital hit $280 million, boosting the Van Rooyen family’s financial control.
Trustco, owned by one of Namibia’s richest families, faces fresh suspension in South Africa
The move comes after Trustco revealed that it is considering delisting from the Johannesburg Stock Exchange as part of its plan to pursue a direct listing on Nasdaq.
Trustco, controlled by Namibian businessman Quinton van Rooyen, expands share capital with $3.2 million issuance
The new shares were allocated to Riskowitz Value Fund on Jan. 21, 2025, marking the first tranche of the acquisition.
Trustco wins shareholder approval for $25 million stake in Legal Shield Holdings
The deal, which marks a major move for Trustco, will proceed as planned, with all conditions either met or waived.
Namibian tycoon Quinton van Rooyen’s Trustco converts $238-million debt to equity
The financial maneuver follows Trustco’s announcement of a new loan agreement that obviates the necessity for a previously issued cautionary statement.
Firm linked to Namibian tycoon Quinton van Rooyen confirms $763-million diamond resource
This revelation follows Trustco’s divestiture of a 70-percent stake in the Meya Mining diamond mine to Sterling Global Trading last year, retaining a 19.5-percent interest.
Namibian tycoon Quinton van Rooyen’s Trustco enters $100-million partnership with RVF
The partnership aligns with Trustco’s active pursuit of new capital sources, particularly in the wake of the decline in its market capitalization in recent years.
Namibian tycoon Sven Thieme’s O&L invests in Germany’s largest floating Solar Park
The endeavor aligns with O&L’s commitment to fostering sustainable solutions and contributing positively to societal and ecological welfare.
Namibian businessman Sven Thieme guides O&L in acquisition of Dimension Data Namibia
The ambitious acquisition, pending regulatory approvals, represents a milestone for O&L Group, already riding high on Thieme’s success in leading the sale of a 50.01-percent stake in NBL Investment Holdings.
Namibian businessman Quinton van Rooyen rakes in $10.6 million within 2 weeks
Van Rooyen, holding an impressive 63.94-percent stake in Trustco with 1,004,000,060 shares, stands out as one of Namibia’s wealthiest individuals.
Namibian tycoon Quinton van Rooyen’s Trustco seals $50-million deal with U.S. fund RVF
Trustco detailed its plan to issue new shares to RVF through an option, solidifying RVF’s position as a key anchor investor with a cash injection of up to $50 million.