Image: NewSpace Systems Somerset West-based spacecraft component maker NewSpace Systems has opened a 5 200sq m manufacturing facility that it claims is the largest commercial space hardware manufacturing plant in Africa. The purpose-built facility includes a 1 260sq m cleanroom and a 120sq m engineering lab, both designed from the ground up for space manufacturing. Capabilities include…
Salvador Anglada, Optasia CEO. Artificial intelligence (AI)-led fintech Optasia has reported strong financial results for 2025, delivering revenue growth of 76% in its first full year after listing and exceeding guidance provided during its initial public offering (IPO). Optasia listed on the JSE in November last year, raising about R6.5 billion through its IPO and…
Verve International, a subsidiary of Interswitch Group, has reiterated that stronger collaboration among industry players will be critical to shaping the future of Africa’s payments landscape. The firm in a statement noted that the event convened issuer banks, fintech collaborators, merchants and other critical ecosystem stakeholders for strategic engagement, meaningful industry dialogue, and deeper ecosystem…
South Korean cryptocurrency exchange Bithumb said at the weekend that it had accidentally given away more than US$40-billion worth of bitcoin to customers as promotional rewards, triggering a sharp selloff on the exchange. Bithumb apologised for the mistake, which took place on Friday, and said it had recovered 99.7% of the 620 000 bitcoin, worth about…
Dubai — British maritime security firm Vanguard Tech said Tuesday that a U.S.-flagged tanker was approached by Iranian gunboats, which threatened to board the vessel, in the Strait of Hormuz, before continuing on its way under military escort. The incident comes amid a tense standoff between the U.S. and Iran, and just days ahead of…
Lindiwe Matlali, founder and CEO of Swerfvalk. South African technology entrepreneur Lindiwe Matlali has established Swerfvalk, a Johannesburg-based deep-tech company focused on developing and deploying mission-ready drone, artificial intelligence (AI) and counter-drone systems for complex operational environments. Swerfvalk enters a local drone market that has matured rapidly over the past decade, with growing demand from…
A flag with the CSG NV logo during the listing of their company at Euronext Amsterdam, Jan. 23, 2026. Bloomberg | Bloomberg | Getty Images Shares of Czech-based defense firm Czechoslovak Group, or CSG, soared over 30% on its stock market debut on Friday, underscoring sustained investor interest in defense companies amid Europe’s growing push…
Africa’s copper market is entering 2026 pulled between strong demand expectations and tight supply conditions, as production of both refined copper and concentrates struggles to keep pace with global needs linked to the energy transition. Copper prices surged above $12,000 per ton in December on supply disruptions and tariff speculation in the United States. Prices…
The logo of Japanese company SoftBank Group at the company’s headquarters in Tokyo on November 21, 2025. Kazuhiro Nogi | Afp | Getty Images Shares of data center investment firm DigitalBridge surged as much as 50% in premarket trade on Monday, following a media report that Japan’s SoftBank is in advanced talks to acquire the…
The firm behind President Donald Trump’s Truth Social platform is merging with a Google-backed energy company in a deal valued at more than $6bn (£4.4bn). Trump Media & Technology Group (TMTG) and TAE Technologies announced the plans on Thursday in a joint statement, which said the move would “create one of the world’s first publicly…
