Vodacom Group CEO Shameel Joosub Vodacom, the University of Johannesburg (UJ) and Amazon Web Services on Friday launched the Vodacom AI Lab, a partnership that puts postgraduate students to work on live industry problems – from cross-border fraud prevention to identity theft – using the same cloud and AI tools deployed by leading technology companies…
Stabyl raised $2.7 million in pre-seed funding to build a foreign-exchange liquidity platform for financial institutions and payment service providers in Africa. The round was led by Konga, which will also serve as Stabyl’s first real-world test case and naira settlement partner through KongaPay. The startup was founded by Prince Nnamdi Ekeh, Zachary Schwartzman and…
Broadcom CEO Hock Tan OpenAI has showed off the company’s first custom AI chip, which it designed with Broadcom, as it seeks to speed its development of its infrastructure. AI labs such as OpenAI and Anthropic are struggling to obtain enough computing horsepower to run the latest, most powerful chatbots and coding apps. Some, such…
Eskom board chairman Mteto Nyati speaking at the launch of Eskom Green Eskom on Tuesday launched Eskom Green, a dedicated renewable energy business that the utility says will scale solar, wind, hydro and storage to as much as 32GW by 2040, with its leadership insisting the new unit will work with private developers rather than…
Algeria enter the first 48-team World Cup as Africa’s third-highest ranked side. In the seventh instalment of a nine-part series on African teams at the 2026 World Cup, RFI looks at a country making its fifth appearance on football’s biggest stage. Just as Algeria appear to establish consistency, they fall away. The North African side…
Bamba Lo, co-founder and CEO of PAPS Interview with Bamba LoCO-FOUNDER AND CEO, PAPS Lives in: Dakar, Senegal Bamba Lo founded logistics company PAPS after observing that while businesses in Dakar could successfully sell products, inadequate delivery infrastructure meant those goods frequently failed to reach buyers. To solve this local delivery gap, he started the…
AI Shopping Assistant – Fit Analytics Innovation With today’s launch of the AI Shopping Assistant, Fit Analytics Innovation moves beyond the AI-hype-cycle to deliver the conversational guidance modern apparel shoppers crave. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260602315868/en/ Two years ago, Fit Analytics Innovation did the unthinkable: they bought themselves back….
The Group Executive Chairman of the KGL Group of Companies, Mr Alex Apau Dadey, has called for a more deliberate continental effort to build resilient African enterprises capable of competing globally while transforming local economies. Speaking at the 10th Ghana CEO Summit 2026, attended by President John Dramani Mahama, CEOs and policymakers, Mr Dadey stressed…
Spiro acquired UK-based engineering firm Coexlion for an undisclosed sum as the electric motorcycle company moves to build its first African research and development centre in Nairobi. The deal gives Spiro in-house capacity to design, test and improve electric motorcycles for African roads, rider habits and commercial use. Coexlion has worked with companies including Triumph,…
Addis Ababa — African countries must stop exporting raw minerals and focus on local processing and manufacturing, if the continent is to achieve the Sustainable Development Goals (SDGs) and build inclusive, long-term prosperity, Tanzania Minerals Deputy Minister Steven Kiruswa said. In an exclusive interview with the Ethiopian News Agency, Kiruswa said sustainable development requires Africa…
