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THE MINING WRAP
Komatsu has reached a major global milestone in its autonomous mining programme by commissioning its 1,000th ultra-class autonomous haul truck under its FrontRunner system. The truck is a Komatsu 930E-5AT, deployed at Barrick’s Nevada Gold Mines in the United States. The deployment marks one of the most significant scaling points in mining automation. Booi Industries
Breaking News Today – Friday 24 April 2026
African Start-up News Headlines: Business News Today Global Economy All About Oil Right Now Brent crude futures climbed above $106 per barrel on Friday, on track for a rather frightening 18% gain for the week as stalled US-Iran peace negotiations and the continued closure of the Strait of Hormuz has raised ongoing supply concerns. Reports
Kenyan startup BuuPass expands into corporate travel with Gavanpass
Kenyan mobility startup BuuPass is expanding beyond its consumer-focused business with the introduction of a corporate travel platform, Gavanpass. The move signals a shift toward Africa’s largely untapped enterprise travel market. The Nairobi-based company revealed that more than 20 organisations across Kenya including banks, fintech firms, insurers, and manufacturers are already using the platform to
Venture capital investor Speedinvest targets scalable startups across Africa and Middle East
European venture capital firm Speedinvest has introduced its first dedicated fund targeting early growth-stage startups across the Middle East and Africa. With over EUR1.2 billion (US$1.4 billion) in assets under management and a presence across EMEA, the firm invests across the full startup lifecycle, from pre-seed to growth. Its model combines long-term capital with immediate
The Brand Belief Economy Unpacked for 2026
Contributing Author: Chelsea Lodewyk, Around 70 000 years ago, something quietly extraordinary happened. Humans developed a cognitive superpower no other species possessed: the ability to believe in things that do not physically exist. Money, Nations, Corporations, Human rights – None of these can be held in your hand, spotted in the wild, or measured in
Secure multicloud environments enable compliance, resilience and competitiveness
South Africa had just emerged from a fairly well-received budget, positive signs from ratings agencies and a business sector increasingly positive about sustained economic growth. However, global turmoil and its anticipated impact on our market have added considerable concerns about currency swings, steep fuel price hikes, and the knock-on effects these will have on both
South Africa Introduces Sweeping Changes to Telecom Regulation
South Africa has taken a step toward overhauling its telecommunications sector with the publication of the Electronic Communications Amendment Bill of 2026 by the Department of Communications and Digital Technologies. The proposed law is aimed at modernising the country’s digital infrastructure, improving access, and addressing long-standing inefficiencies in how networks are deployed and managed. The
Eni Secures Approval for $10.3 Billion Nigerian Offshore Oil Project
Italian energy company Eni has received approval from Nigerian authorities to move ahead with a major offshore investment estimated at $10.3 billion. This moves one of the country’s longest-delayed oil projects closer to development The investment will focus on the Zabazaba and Etan oil fields in the deepwater OPL 245 block. Plans include installing a
Has Compliance Become a Key Factor in Startup Funding?
Compliance usually doesn’t come up first when people talk about startup funding. Founders tend to focus on building the product, getting users, and growing revenue. Investors, however, are thinking in more practical terms—whether the business is properly set up to handle growth without running into problems later. What used to sit in the background of
Breaking News Today – Thursday 23 April 2026
African Start-up News Headlines: Business News Today South African Data Shows Slowing Economy Data for retail sales in South Africa, released yesterday, rose by a mere 1.6% year-on-year in February 2026 indicating limited consumer spend liquidity. This followed an upwardly revised 4.4% jump in spending in the prior month and missing analysts' forecasts of a
The New BMW 7 Series: A Bold New Chapter for the Luxury Flagship
World Premiere: 22 April 2026 | Production Start: July 2026 | South Africa Market Launch: Q4 2026 The BMW 7 Series has been many things across its 49-year history, a statement of engineering ambition, a rolling laboratory for future technology, and the undisputed flagship of one of the world's most iconic automotive brands. With the
Sierra Leone Relaunches Sierratel via Africell MVNO Deal
Sierra Leone is set to relaunch its state-owned telecom operator, Sierratel, through a mobile virtual network operator (MVNO) agreement with Africell, marking a shift away from costly infrastructure investment and repeated failed privatization efforts. Under the 10-year partnership, Sierratel will operate using Africell’s existing network rather than rebuilding its own. The government says this approach
Why Unit Economics Matter More Than Ever for African Founders
What Are Unit Economics? Unit economics refers to the direct revenues and costs associated with a single unit of your business, and the profitability of that one unit at its most granular level. The "unit" depends on the product and the business model. For a subscription SaaS company, it is one customer. While for a
France's Microsoft Exit – Loss of Trust and Digital Border Redraw
France's Microsoft Exit — What Happened and Why The Announcement France's Interministerial Digital Directorate (DINUM) announced on 8 April 2026 that it is migrating its own workstations from Windows to Linux and has ordered every government ministry to formalise a plan to eliminate extra-European digital dependencies by autumn 2026. The directive covers operating systems, collaborative
Top 10 Sectors Driving African Startup Innovation Right Now for Founders to Consider
Africa’s startup ecosystem is expanding at remarkable speed. It is changing how people live, work, trade, and access essential services. While the continent has long been seen as a “high potential” market, innovation is now driven by practical solutions to structural challenges such as energy access, financial inclusion, food security, and urbanisation. Today, ten key
Breaking News Today – Wednesday 22 April 2026
African Start-up News Headlines: Business News Today Naspers/Prosus Sells R5.2bn Delivery Hero Stake to Uber South African tech giant Prosus has sold off a 4.5% stake in German food delivery company, Delivery Hero, to Uber for approximately €270 million (R5.2 billion), at €20 per share, equalling a 22% premium to Delivery Hero's one-month volume-weighted average
TCL introduces SQD-Mini LED TVs and smart home lineup in South Africa
TCL has introduced its SQD-Mini LED range in South Africa as part of its latest display technology rollout. The launch brings SQD-Mini LED (Super Quantum Dot Mini LED) to the local market for the first time, paired with full-range audio by Bang & Olufsen. The system combines refined backlighting and upgraded quantum dot materials to
What Happens After a Mine Closes? The Economic Afterlife of African Mining Towns
In the midst of Africa’s mining boom, fueled by cobalt, copper, lithium, and rare earths powering EVs and green technology, one reality stands out: these resources are finite. Each day, mining operations haul the first tonne, crush fresh ore, drill and blast new faces, and smelt gold and copper concentrates, with each “first” quietly marking
Nigerian Drone Startup Terra Industries Expands Manufacturing to Ghana
Nigerian startup Terra Industries is expanding beyond its home market with plans to open its first overseas manufacturing facility in Ghana, aiming to scale faster in a market with clearer incentives while local policy development continues at home. The 34,000-square-foot drone production plant in Accra, known as Pax-2, is set to become Africa’s largest drone
Mahindra Considers Full Vehicle Assembly in South Africa with Durban CKD
Indian automaker Mahindra is exploring the possibility of setting up a completely knocked down (CKD) production line at its facility near Durban. If approved, the company would ship fully disassembled vehicle kits to South Africa for final assembly locally. This would be a move from its current setup. Since 2018, Mahindra has used a semi-knocked