Africa’s startup ecosystem is emerging from two difficult years with renewed momentum, buoyed by a funding rebound that is increasingly being driven by local venture capital. Data shared during the AfricArena Grand Summit in December 2025 showed that startup funding on the continent was on track to reach about US$3 billion in 2025, up from…
The rand ended 2025 nearly 13% stronger against the US dollar, marking its biggest annual gain in 16 years as the greenback weakened broadly. The risk-sensitive currency posted its first yearly rise against the dollar since 2019 and its largest increase since 2009, supported by South Africa’s improved fiscal performance, success in containing inflation and…
iOCO co-CEO Rhys Summerton iOCO, which is rapidly turning around its financial fortunes, will entertain blockbuster acquisitions of up to R1-billion in value as it pursues a renewed growth agenda after years of being hamstrung by a weak balance sheet and legacy governance problems. That’s the word from co-CEO Rhys Summerton, who was speaking to…
Nigeria were forced to settle for a 1-1 draw against South Africa’s Bafana Bafana in a decisive 2026 FIFA World Cup qualifying match on Tuesday evening Senegal came from two down to win 3-2 in Kinshasa and take charge of Group B. South Africa 1-1 Nigeria Nigeria’s hopes of qualifying for the 2026 World Cup…
JSE-listed Blue Label Telecoms has taken a decisive step in its troubled, long-running association with Cell C, reversing a multibillion-rand impairment previously recognised against its stake in the mobile operator. The move reflects a marked improvement in Cell C’s equity valuation and signals Blue Label’s confidence in the mobile operator’s recovery trajectory. The move comes…
Georgina Rannard Science correspondent Watch: SpaceX Starship completes successful test flight SpaceX has pulled off a successful test flight of its newest generation rocket Starship, reversing a trend of disappointing failures. The world’s largest and most powerful rocket blasted off from Texas just after 18:30 local time (00:30 BST) for a nail-biting 60-minute flight. Parts…
The countdown continues to the TotalEnergies CAF Women’s Africa Cup of Nations, Morocco 2024. In the lead-up to this 13th edition, CAFOnline.com invites you each day to revisit a defining moment in the tournament’s history. With just four days to go before kickoff, we shine the spotlight on Uganda’s remarkable return to the continental stage…
