Kigali, Rwanda — Africa is emerging as the world’s fastest-growing technology market, with its innovation ecosystem attracting increasing global investment. The European Investment Bank’s recent €40 million commitment to the sector underscores this growing confidence. However, this surge in technological innovation has yet to address some of the continent’s most persistent challenges – hunger, food…
At least 11 people have been killed in a mass shooting in a residential building near the South African city of Durban. Gunmen stormed a house in the KwaMakhutha township late on Tuesday and opened fire on 14 people. Ten were killed at the scene and four were taken to hospital, where one later died…
Altron expects headline earnings per share from continuing operations of between 107c and 112c for the six months to 31 August 2026, up 11% to 17% on the 96c reported a year earlier. The JSE-listed technology group said in a trading statement on Wednesday that group headline earnings per share, which include discontinued operations, will…
Hurricane Polo rapidly intensified in the Pacific as it continued on its path off the coast of southwestern Mexico on Tuesday, growing into a powerful Category 5 storm that could bring life-threatening flooding to parts of the states of Guerrero and Michoacán, the U.S. National Hurricane Center said. The hurricane center called Polo “extremely dangerous”…
Africa Bitcoin Corporation (ABC) founder Warren Wheatley. Africa Bitcoin Corporation (ABC) co-founder Warren Wheatley has resigned as CEO, weeks after being slapped with a R5 million fine and 20-year debarment over share trades he says involved just 50 shares worth R301. Wheatley was placed on precautionary suspension late last month, with well-known tech personality Stafford…
Investors shrug off AI safety concerns and Iran war, sending market to a new peak. Published On 23 Sep 202623 Sep 2026 Wall Street’s Nasdaq stock exchange has hit an all-time high, shrugging off concerns about AI safety risks, sky-high tech valuations and the energy shock caused by the United States’ war on Iran. The…
Prosus has appointed WeTransfer co-founder Ronald Hans (widely known simply as Nalden) as chief product officer, the most prominent external hire yet in the Naspers-controlled group’s push to rebuild itself around artificial intelligence. He joins two internal promotions announced on Tuesday. Euro Beinat, who has run AI at Prosus since 2018, becomes chief AI officer….
The Trump administration is looking into whether implementing a diesel export ban would ease record high prices for the critical fuel, Treasury Secretary Scott Bessent said Tuesday. “We’re examining whether it’s feasible in terms of the overall refining capacity and whether a full or partial ban would work,” Bessent said at a bilateral meeting between…
Washington, DC — The AGOA Civil Society Organization (CSO) Network welcomes the U.S. Congress’s decision to extend the African Growth and Opportunity Act (AGOA) through December 31, 2028. This extension ensures continued duty-free access for thousands of African products and strengthens one of the continent’s most important trade frameworks. Africa’s exports under AGOA exceeded US$30…
ZARU is being developed through a partnership involving Luno, Sanlam, EasyEquities, Lesaka and BlockTower. (Image generated using ChatGPT) South Africa’s rand is gaining a new route into global digital asset markets, with ZAR Universal (ZARU), a rand-denominated stablecoin, going live on Circle’s Arc blockchain and launching as a founding currency pair on Circle StableFX. ZARU…
