The Koeberg nuclear power station north of Cape Town. Image: Eskom The environment minister on Friday upheld a previous decision granting environmental authorisation for state-owned power utility Eskom to build and operate a new nuclear power station in the Western Cape. Environmentalists had appealed against the original 2017 authorisation for a new 4GW nuclear power…
One person has been killed after a large wildfire in Keratea, south-east of Athens, spread rapidly, destroying homes and prompting evacuation alerts. The fire service says the body of an elderly man was found inside his home in the Togani area, close to where the fire started. The blaze broke out shortly after 14:00 local…
Mark Gurman, in his recent Power On newsletter, indicates that Apple is poised to release at least two devices powered by its forthcoming M5 chip before the year’s end. The M5-equipped iPad Pro has reportedly reached advanced testing phases, suggesting it is “on track for production in the second half of this year.” Read: Apple…
F6 Group has launched F6 Ventures, a new seed-stage investment firm managing over $90 million in assets across six funds The new VC arm sits alongside Flat6Labs, the well-established startup accelerator, as part of F6 Group’s integrated strategy to support founders and ecosystems The firm is backed by a leadership team with extensive experience in…
Mexican President Claudia Sheinbaum insisted Friday that there would be “no invasion of Mexico” following reports that President Donald Trump had ordered the U.S. military to target Latin American drug cartels. “There will be no invasion of Mexico,” Sheinbaum declared after The New York Times reported that Mr. Trump had secretly signed a directive ordering military…
Naspers SA CEO Phuti Mahanyele-Dabengwa. (Photograph by Lesley Moyo) As a finance industry juggernaut, Phuthi Mahanyele-Dabengwa says it’s exciting to be in the technology sector, especially as its impact is felt across industries. Mahanyele-Dabengwa is CEO of JSE-listed internet giant Naspers SA, while Fabricio Bloisi is group CEO of Naspers and its subsidiary Prosus. In…
South African travel-focused fintech TurnStay has raised $2 million in seed funding to expand across African markets The round was led by First Circle Capital and joined by TLcom Capital, Enza Capital, Incisive Ventures, CVVC, and Equitable Ventures The startup operates a merchant-of-record structure combined with payment orchestration, allowing card payments to be processed in…
Visa has selected 22 startups for the fourth cohort of its Africa Fintech Accelerator, a 12-week virtual programme aimed at scaling fintech solutions The programme is part of Visa’s $1 billion commitment to Africa’s digital and financial inclusion, pledged through 2027 Launched in 2023, the accelerator has supported 64 startups to date and facilitated nearly…
Putin ally Lukashenko has ruled Belarus with an iron fist for more than than three decades and is now on seventh term. Belarus President Alexander Lukashenko has signalled he does not intend to seek another term in office, while rejecting speculation that he is lining up his son as successor. The self-professed “last and only…
US President Donald Trump Intel CEO Lip-Bu Tan is already facing an uphill battle in turning around the ailing chip maker. Now US President Donald Trump’s demand that Tan resign over his ties to Chinese firms will only distract him from that task, two investors and a former senior employee said. Trump said on Thursday…
