SHANGHAI, CHINA – NOVEMBER 05: People visit the booth of Organon during the 7th China International Import Expo (CIIE) at the National Exhibition and Convention Center (Shanghai) on November 5, 2024 in Shanghai, China. The 7th China International Import Expo (CIIE) kicked off in Shanghai on November 5. (Photo by Tang Yanjun/China News Service/VCG via…
Billionaire investor Justin Sun is suing the family’s World Liberty crypto venture after spending $45m on its tokens.
Richard Okello Our new book, How we made it in Africa II: Real stories of entrepreneurs turning opportunity into profit, is available here. Interview with Richard OkelloFOUNDER, SANGO CAPITAL Lives in: Johannesburg, South Africa Africa-focused investor Richard Okello compares investing on the continent to riding a speedboat through rough seas while trying to drink a glass of wine…
South Africa carries one of the highest TB burdens in the world. (Image source: 123RF) South African medtech company AI Diagnostics has raised R85 million in a pre-Series A funding round to accelerate deployment of its AI-powered Ostium digital stethoscope. The device enables early tuberculosis (TB) screening without specialist equipment or infrastructure. In a statement,…
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…
