Africa’s Economies Must Reform Financial Systems to Unlock Industrial Growth – Oyedele
The Minister warns that Africa remains trapped by a “prejudice premium” in global finance, calling for urgent reforms to unlock affordable capital and drive industrial growth across the continent. Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has called for urgent reforms to the global financial architecture, saying Africa continues to…
SpaceX IPO prospectus could land as soon as next week, sources say
Tesla and SpaceX CEO Elon Musk attends a state banquet for President Donald Trump and China’s President Xi Jinping at the Great Hall of the People in Beijing on May 14, 2026. Brendan Smialowski | Afp | Getty Images SpaceX, which confidentially filed for an IPO in April, is planning to disclose its prospectus as…
The lessons Seacom learnt from its massive 2024 outage
Richard Schumacher, MD of digital infrastructure at Seacom When a Belize-flagged, UK-registered cargo ship called the Rubymar was struck by a Houthi missile in the Red Sea in February 2024, it began to drift. With its anchor down in shallow water, it severed three of the region’s subsea cables before sinking on 2 March –…
Africa: Lawmakers From Three Continents Demand Action, Not Pledges, On Population and Health
Cairo — The word heard most often at a two-day parliamentary forum in Cairo last week was not “commitment”; it was “follow-up.” And the difference mattered. Parliamentarians from Africa, Asia, and the Arab world gathered 28-29 April not to renew pledges made at last year’s TICAD9 summit in Yokohama, but to ask what had actually…
Africa: Renewvia Plans $750m Solar Mini-Grid Expansion in Africa
Renewvia Energy Corp. plans to expand its solar-powered mini-grid business into Uganda, Rwanda, Ethiopia and the Democratic Republic of Congo, as private companies move to close Africa’s electricity access gap. The Atlanta-based company expects the expansion to require about $750 million and deliver about 2.1 million electricity connections. Renewvia Solar Africa Chief Executive Officer Trey…
Barbara Palvin and Dylan Sprouse are expecting their first child
On Thursday, Dylan Sprouse and his wife, Barbara Palvin, announced their pregnancy while attending the 79th Annual Cannes Film Festival in Cannes, France. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. The couple appeared together on the red carpet, where Palvin debuted her baby bump in a light…
Digital access alone not enough to unlock SA’s connectivity potential: Minister Malatsi
While South Africa has made significant progress in connecting citizens to the internet, Communications and Digital Technologies Minister Solly Malatsi says more must be done to unlock the full potential of connectivity. Source: [https://www.magnific.com/[Magnific]] According to the recently released Digital Infrastructure Investment Study commissioned by the Development Bank of South Africa, the true connectivity access…
Africa: Lafarge Africa to Become Hbm Nigeria After Huaxin Takeover
Lafarge Africa Plc shareholders have approved a plan to rename the cement maker HBM Nigeria Plc, marking the formal shift to its new Chinese majority owner. The decision was approved at the company’s annual general meeting on April 30, 2026. The board was authorized to amend the company’s articles and take the steps needed to…
Africa: KNH Murder Suspect Kalombotole Could Be Sent to South Africa for Mental Assessment
Nairobi — A court has ordered a fresh psychiatric evaluation for murder suspect Kennedy Kalombotole following conflicting medical reports on his mental fitness, with the judge indicating that he could be referred to South Africa for further assessment if local specialists fail to reach a conclusive finding. The court directed that Kalombotole undergo examination before…
War criminal Ratko Mladić's jail release request denied
A UN judge admits the 84-year-old is “in the final stages of his life”, but says prison conditions in The Hague ensure his maximum comfort.