Full Investment License on the Horizon for Sabela Capital
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Full Investment License on the Horizon for Sabela Capital
Sabela Capital is making significant strides toward securing a full investment license in South Africa, a move that would pave the way for the creation of an infrastructure finance fund with a dedicated focus on renewable energy. This ambitious initiative aligns with the firm’s commitment to advancing sustainable development across the region by addressing critical energy needs through innovative financing solutions.
Dumisani Balman, the founder and CEO of Sabela Capital, acknowledged the complexities of this undertaking but conveyed unwavering confidence in the firm’s ability to succeed. Drawing on his extensive banking sector experience, built over more than two decades, and leveraging his robust network of industry relationships, Balman sees this as a transformative step for both Sabela Capital and the broader infrastructure landscape.
A full investment license would represent a significant milestone, enhancing Sabela Capital’s capacity to deliver impactful funding solutions while solidifying its position as a leader in infrastructure finance and renewable energy investment in South Africa.