Competition Tribunal greenlights Norfund, Nafasi transaction
The Competition Tribunal has unconditionally approved the Norwegian Investment Fund for Developing Countries’ (Norfund’s) acquisition of a minority interest in South African water company Nafasi Water Technologies.
Through this shareholding, Norfund, a Norwegian State-owned development finance institution controlled by the Ministry of Foreign Affairs on behalf of the Norwegian government, will acquire minority shareholder protections that amount to control.
Norfund’s mandate is to support sustainable business development in developing countries, as a means of promoting economic growth and reducing poverty.
It focuses its investments on clean energy, financial inclusion, green infrastructure, including water, waste and digital, and scalable enterprises.
Privately-owned Nafasi provides integrated water and wastewater treatment services across the full project lifecycle, including project development, financing, design, engineering, construction, operations and maintenance.
Its activities focus on water reclamation and desalination technologies for industrial and wastewater systems, ensuring that industries, municipalities and communities have sustainable and reliable access to water.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation















