South Africa’s Competition Commission has approved the R1 billion acquisition of major payment platform Pay@ by the fintech group Araxi. The transaction, facilitated through Araxi’s African Resonance subsidiary, involves the acquisition of Pay@ and its cross-border expansion arm, IPH, without conditions. The Commission determined that the deal is unlikely to substantially diminish competition in any…
WASHINGTON, April 28, 2026–The World Bank’s Board of Executive Directors approved $250 million in financing for the Kinshasa Urban Transformation and Jobs Program — known as Kin la Belle — to improve solid waste management services and create inclusive employment opportunities in Kinshasa. The program is a cornerstone of the World Bank Group’s comprehensive support…
Slovak Economy Minister Denisa Sakova said she had been told by energy operator Ukrtransnaft, which looks after the Druzhba pipeline in Ukraine, that pressurising of the pipeline had begun on Wednesday morning and crude oil would start flowing into Slovakia on Thursday, for the first time since 27 January.
Kenya’s National Assembly has ratified a bilateral defence agreement with France, underlining Paris’s strategic shift away from its traditional West African sphere of influence towards anglophone Africa. Signed in October 2025, the accord establishes a five-year framework – renewable once automatically. The agreement will “enhance Kenya’s defence capacity through access to French training, technology, and…
Cabinet has approved the publication of South Africa’s draft national AI policy for public comment, minister in the presidency Khumbudzo Ntshavheni said. Ntshavheni said on Thursday during a press conference that the policy is aimed at ensuring that the benefits and risks of AI are distributed evenly across society and across generations. It seeks to…
Washington D.C. — The World Bank has approved a $500 million International Development Association (IDA) credit for the Nigeria Sustainable Agricultural Value-Chains for Growth (AGROW) Project, aimed at increasing smallholder farmers productivity, strengthening agricultural value chains, and creating jobs while improving food and nutrition security. Agriculture remains Nigeria’s largest source of employment, yet low productivity,…
Bangladesh cricket lost their place at T20 World Cup after refusal to play in India, but shooting team heads to New Delhi. Published On 29 Jan 202629 Jan 2026 Click here to share on social media share2 Share Bangladesh has approved its shooting team’s tour to New Delhi for next month’s Asian Shooting Championships, days…
Historic regulatory clearance for RoboMed™️ confirms safety and efficacy of robotic surgery for Nigerian patients Nigeria’s National Agency for Food and Drug Administration and Control (NAFDAC) has granted regulatory approval for the Toumai robotic surgical system, confirming its safety and efficacy for use in Nigerian patients. The approval makes Nigeria the first country in West…
Herotel operates fibre infrastructure. The Competition Tribunal has approved the merger in which Vumatel will acquire control of Herotel. In a statement, the tribunal says it has approved the transaction subject to conditions which address competition and public interest-related concerns. The conditions can be accessed here. Vumatel, already a shareholder in Herotel, is South Africa’s…
The Food and Drug Administration on Monday approved a pill version of Wegovy, Novo Nordisk’s blockbuster weight loss drug. The Wegovy pill, as it’s called, is first oral version of a GLP-1 drug that has been brought to market for weight loss. A second pill, from Eli Lilly, is also expected to be approved in…
