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Africa Must Think in Grid-Scale Power to Compete in the Artificial Intelligence Economy
As AI infrastructure drives power demand into the gigawatt range, Africa must move beyond incremental energy planning – placing grid-scale generation at the center of discussions at African Energy Week 2026’s AI and Data Center Track Energy Scale in Africa Needs to Meet Rapidly Growing Demand The rapid expansion of artificial intelligence is fundamentally reshaping
Airtel Africa Delays Airtel Money IPO Amid Market Volatility
Airtel Africa has pushed back the planned IPO of Airtel Money to the second half of 2026, citing unstable market conditions linked to geopolitical tensions involving Iran, the United States, and Israel. The listing, initially expected in the first half of the year, will now move forward once conditions improve. The proposed London listing could
Startup Mondays: How to define your MVP properly
It is common practice in startups that, before building anything, the idea feels solid enough to move on. That’s when teams tend to rush. Product teams start adding features and structuring the product before deciding what they actually need to prove first. This is where an MVP comes in. An MVP, or Minimum Viable Product,
Breaking News Today – Monday 11 May 2026
African Start-up News Headlines: Business News Today Kenyan Refinery Plan – Dangote Aliko Dangote is reportedly looking towards Kenya as the site of a new 650,000-barrel-a-day oil refinery that he intends to build in East Africa, according to a Financial Times report on Sunday, citing an interview with him.b“I’m leaning more towards Mombasa because Mombasa
Founder Fridays : Ascent Africa And Clarence AI
In many organisations, communication still sits on the surface, created around campaigns, messaging, and visibility. For Liat Madinane, that approach misses the real function of communication entirely. As the founder of Ascent Africa and co-founder of Clarence AI, her work is grounded in a different idea: communication is not a support layer around the business,
Angola’s New Cabinda Oil Refinery Begins Production for Local Supply and Exports
Angola’s Cabinda refinery has started exporting fuel while supplying the domestic market, marking the country’s first major refining project since independence and one of the few large-scale facilities developed in Africa in recent decades. The plant, built at a cost of more than $470 million, produces diesel for local use while exporting heavy fuel oil
Village Capital Deploys $350,000 Into Two Ghanaian Startups
Village Capital has invested $350,000 into two Ghanaian startups, marking the first deployment from its Africa Ecosystem Catalysts Facility, a fund designed to support early-stage companies building essential services across the continent. The capital comes from the $4 million facility launched in July 2025 in partnership with the Dutch Entrepreneurial Development Bank and the Netherlands
FlySafair Extends Fuel Surcharge as Jet Fuel Prices Surge
FlySafair has extended its ticket surcharge as rising fuel costs continue to pressure airline operations. The surcharge, first introduced in March, will remain in place until at least August, although its duration depends on how quickly geopolitical tensions ease. The cost pressure stems from the conflict in the Middle East, which has disrupted global oil
Eni Plans Sale of Final Stake in Nigerian Onshore Venture
Eni is preparing to sell its remaining 5% stake in the Renaissance Africa Energy joint venture in Nigeria, according to responses released ahead of its annual general meeting held on May 6 in Milan. The stake represents one of the company’s last onshore positions in the Niger Delta. The company has not disclosed the identity
Zimbabwe Begins Farm Restitution as Debt Talks Advance
Zimbabwe is moving to return 67 farms previously seized from foreign nationals, targeting properties covered under bilateral investment protection agreements with Denmark, Switzerland, Germany, and the Netherlands. The decision ties directly to ongoing debt relief negotiations with Western countries while advancing negotiations around debt relief. Agriculture Minister Anxious Masuka confirmed the government is in the
THE MINING WRAP
Financial startup Veridicor and Metalex Commodities are rolling out a “stakeholder prosperity bond” in Zambia to formalise artisanal mining and bring small miners into structured supply chains. In practice, the model links financing with guaranteed offtake, giving small-scale operators access to equipment and stable buyers while also improving traceability for larger mining operations. Huayou Moves
The AI talent gap: South African Tech Industry Needs to Shift its Training Priorities
Contributing Writer: Lisa Jasper Tech Industry Must Act Now to Save the Next Generation of Developers "The risk of a 'missing middle' – a generation of engineers who never develop foundational competencies – is a genuine concern." The integration of AI into software development is not merely another industry trend. It represents a fundamental restructuring
MainMoney Launches Palm-Based Payment System in DR Congo
MainMoney has introduced a palm-vein biometric payment system in the Democratic Republic of the Congo, allowing users to complete transactions without cards or mobile phones. The company launched the technology on April 29, presenting it as a solution to simplify payments and reduce reliance on cash.. The system uses palm-vein recognition to identify users. Instead
Business School – Cashflow Mastery: 7 Ways to Stretch Every Dollar While Building Your African Startup
In the high-stakes world of African startups, founders often obsess over revenue growth, user acquisition, and investor pitches. Yet the silent killer of most promising ventures is not lack of sales — it’s cashflow. Even profitable startups can collapse when cash stops flowing. Supply chains stall, suppliers demand upfront payment, marketing campaigns get cancelled, and
Kenya Pauses $1 Billion Microsoft Data Centre Over Power Constraints
Kenya has put on hold plans for a $1 billion Microsoft–G42 data centre after it became clear the country’s power supply cannot carry a project of that size. President William Ruto said the facility would have taken up too much of the national grid, pointing to a deeper issue that continues to shape how far
South Africa’s Real Estate Agents Facing Tougher Compliance Requirements
Contributing Writer: Chantelle Frier As regulatory pressure intensifies, real estate agencies face a critical compliance deadline, and a growing need for smarter, tech-enabled solutions. South Africa’s real estate sector is entering a new phase of regulatory scrutiny following the introduction of Directive 11 of 2026 by the Financial Intelligence Centre (FIC). For estate agencies, classified
Breaking News Today – Thursday 7 May 2026
African Start-up News Headlines: Business News Today African Bourses Lift Tracking Global Increases South Africa's Main Bourse, the JSE, climbed around 4% yesterday, closing at 119 166 index points, mirroring a wide global share recovery. The lift was driven mainly through improving global sentiment, with investors responding to reports of a possible peace talk restart
No Free Lunch Podcast – Why Bolting on AI Is a Losing Strategy
Insights from an Insurance Tech Expert The rapid growth of artificial intelligence has resulted in many business leaders eager to jump on the bandwagon. But is simply adding AI to existing systems the right approach? Or are there deeper issues at play? In the latest episode of No Free Lunch, we explore the pitfalls of
Agentic AI Adoption Accelerates Growth of Security Gaps
The enterprise push into AI agents is outpacing the ability to secure them, according to new research from Rubrik Zero Labs. Rubrik announced the findings from the report, which show organizations are operationalizing autonomous systems without the controls required to govern them, introducing a gap between innovation and security. Key Findings Based on a survey of more than
Nigerian Startup BFREE Secures Funding to Scale Distressed Credit Business
Nigerian fintech startup BFREE has secured a new growth round to scale its ability to buy non-performing loan portfolios, strengthen partnerships with lenders, and expand into more African markets. Founded in 2020 by Julian Flosbach, Chukwudi Enyi, and Moses Nmor, the startup operates in a space most fintechs avoid distressed credit. BFREE focuses on acquiring