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Ghana Moves to Tighten Oversight of Gold Fields' Tarkwa Lease Renewal
Ghana has indicated that the renewal of Gold Fields' mining lease for the Tarkwa mine will not be automatic when it expires in 2027, introducing greater scrutiny of long-term mining concessions. The Tarkwa operation is one of Gold Fields' most important assets, producing approximately 427,000 ounces of gold in 2025, with an estimated value of
Pepkor’s Smartphone Rental Push Is Changing the Mobile Game
Pepkor is steadily building a sizeable cellphone business in South Africa, but not in the traditional telecoms sense. Rather than competing through network infrastructure or expensive contracts, the retailer is focusing on affordability and flexible access to smartphones. The group’s latest interim results show that its mobile business is becoming less dependent on outright handset
Eni Makes Egypt's Largest Agiba Gas Discovery in Over 15 Years
Italian energy company Eni has announced a significant natural gas discovery in Egypt's Western Desert, providing a potential boost to the country's efforts to increase domestic energy production and reduce growing dependence on imported gas. Egypt's Ministry of Petroleum and Mineral Resources confirmed the discovery on May 21, describing it as the largest find made
Breaking News Today – Wednesday 27 May 2026
African Start-up News Headlines: Business News Today AELC to Host Invest in Africa Trade Expo & Business Summit 2026 in Namibia The Africa Economic Leadership Council (AELC) will host the Invest in Africa Trade Expo & Business Summit from 28–30 May 2026 in Swakopmund, Namibia. The event aims to attract investors and showcase trade opportunities
Too Good to Be True: How ‘AI Trading Bots’ Like Invora AI Could Fleece Investors
Daily returns of up to 1.3% with zero risk? Experts warn these flashy crypto schemes are classic Ponzi red flags. A sleek new “AI-powered” crypto investment platform called Invora AI, popped it's presence into my LinkedIn inbox and is making bold promises across social media: market-neutral profits, up to 1.3% daily returns, and passive income
Business Tech Africa – Launches the Pan-African Business Sentiment Index
Today is a new milestone for our African focussed business news site, as we launch a new business index that we believe will add a fresh dimension to the African Business Landscape. The Pan African Business Sentiment Index or PABSI, uses a rich data set, combining 15 critical indicators, which includes GDP growth, inflation, currency
Successful Ai Adoption Without Job Cuts
SA family business leverages AI & technology to protect, not replace, vulnerable workers While the global narrative around Artificial Intelligence (AI) has often been defined by the fear of job losses, a third-generation South African manufacturer is proving that technology can have a soul. Lesco, a local producer of high-quality electrical and consumer products, this
Sustainability Reporting for African Startups Attracting ESG Investors
Sustainability reporting was once largely associated with multinational corporations, listed companies and heavily regulated industries. Today, sustainability reporting is relevant to a growing number of startups, including many of Africa's technology and innovation businesses. As investors place greater emphasis on environmental, social and governance (ESG) considerations, startups seeking external capital are finding that financial performance
Toyota Could Be Looking at a Smaller Lifestyle Bakkie Based on the RAV4
Toyota may finally be warming to the idea of building a smaller double-cab bakkie, with the next-generation Toyota RAV4 now being mentioned as a possible base. The discussion follows comments made by Toyota Motor North America CEO Ted Ogawa during an interview with Automotive News, where he acknowledged that there is space in the market
Business School – Cross Border Expansion Lessons
Cross-Border Expansion: Lessons from Successful Regional Players A Business Founders’ Guide to Optimal Approaches in Africa Africa’s intra-continental trade is expanding, driven by the African Continental Free Trade Area (AfCFTA) and improving infrastructure. For ambitious founders, cross-border expansion represents a pathway to scale, market diversification, and resilience against regional domestic market volatility. However, success demands
Breaking News Today – Tuesday 26 May 2026
African Start-up News Headlines: Business News Today Fuel Levy Cuts In South Africa to End The South African government has indicated there will be no further fuel levy relief on the rapidly scaling fuel prices, as national Treasury looks to rebalance the country’s finances. The cuts were introduced to cushion consumers from soaring fuel prices
Getting To Grips With The Context of AI in Africa
As Global AI adoption accelerates, there is often a sense of “what on earth do we do now”, that seems to be creeping into more and more conversations. The obvious reflections of a world that is perhaps simply moving too fast. Where are the guardrails? What are the real value propositions? When will our company
Nigerian Startup Koolboks Deploys 10,000 Solar Refrigerators in Nigeria, Kenya and Uganda
Pan-African startup Koolboks has deployed more than 10,000 solar-powered refrigerators and freezers across Nigeria, Kenya and Uganda since 2021, as it looks to address refrigeration challenges in communities with limited or unreliable access to electricity. Founded in 2018 by Ayoola Dominic and Deborah Gael, the company did not initially focus on refrigeration for African markets.
EV Transition Exposes South Africa’s Automotive Challenges
South Africa’s automotive industry can no longer afford to watch the global EV transition from the sidelines. Europe, China, and parts of North Africa are already expanding EV production and infrastructure. Local manufacturers, however, are still waiting for clear policy direction before making long-term investments. At Naamsa’s recent conference on new energy vehicles in Pretoria,
Young scientists to showcase innovative research projects at Türkiye science competition
South African young scientists researching rocket propulsion systems, climate-related fisheries conservation, and advanced mathematical modelling are set to represent the country at the 1923 International Mathematics, Science, and Engineering Fair (IMSEF) in İzmir, Türkiye from 1 to 6 June 2026. The delegation includes Connor Kinnes, a Grade 11 learner at Elkanah House High School in Cape Town,
Togo Startup DoctaMob Launches Healthcare Super-App
Togo-based startup DoctaMob has launched a digital health platform in Lomé aimed at making healthcare services easier to access through web and mobile applications. Available on Android and iOS, the platform brings together a range of healthcare services, allowing users to book medical appointments, locate healthcare facilities, find on-duty pharmacies, request ambulance services and arrange
Airtel Uganda Tests Starlink Satellite-to-Phone Service
Airtel Uganda has begun testing Starlink’s Direct-to-Cell technology, a satellite-based service that allows ordinary smartphones to connect directly to satellites without requiring additional hardware. The trial forms part of the operator’s efforts to improve connectivity in areas where building traditional telecom infrastructure remains difficult or commercially challenging. The company announced the pilot on May 19
Startup Mondays: Raise When You Have Proof of Concept
Business Founders love to confuse fundraising with winning. A founder announces a seed round. Tech press picks it up. LinkedIn lights up with congrats. For a week, the startup looks inevitable. But investors don’t buy your product. Customers do. That’s the whole game. Too many founders start pitching before they’ve built anything customers would miss if
Why Connectivity Is Now the Weak Point in Tracking Systems
Most tracking systems rely on one basic assumption: network coverage will always remain available when needed. In South Africa, that assumption is becoming less reliable as criminals use more advanced methods to disrupt vehicle and asset tracking technologies. Signal jamming and communication interference no longer happen in isolated cases. During hijackings, cargo theft, and organised
Breaking News Today – Monday 25 May 2026
African Start-up News Headlines: Business News Today Africa Day – Challenges in Funding and Opportunities For Growth Today (25 May) is officially Africa Day, As originally appointed by the Organisation of African Unity (OAU) – now the African Union, as a day aimed at promoting African Unity and to celebrate African heritage. Today is significant