Purple Group buys AI fintech Telescope in R177-million deal

Purple Group buys AI fintech Telescope in R177-million deal

Purple Group, the JSE-listed owner of EasyEquities, is acquiring Telescope AI, the Australian start-up whose technology already powers the investment platform’s AI Baskets feature, in a deal worth up to US$10.75-million (R177-million). Purple Group and EasyEquities operator First World Trader will each acquire 50% of Telescope AI from the Pettett Family Trust and three key…

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Africa: World Bank Group Appoints New Country Manager for Gabon

Africa: World Bank Group Report – Pathways for Unlocking Productivity-Led Private Sector Growth in Guinea-Bissau

BISSAU — Guinea-Bissau’s economy demonstrated notable resilience in 2025, according to the World Bank Group’s Guinea-Bissau Economic Update (Spring 2026), released today. Real GDP expanded 5.8% in 2025, buoyed by a strong cashew harvest and farmgate prices that supported rural incomes and private consumption. Yet beneath this encouraging headline, the country faces mounting structural pressures…

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Africa: World Bank Group Appoints New Country Manager for Gabon

Africa: We Must Put an End to the Exploitation of Africa’s Critical Minerals, President Tinubu Tells Minerals Strategy Group

President Bola Ahmed Tinubu on Tuesday urged member countries of the African Minerals Strategy Group (AMSG) to speak with one voice to promote Africa’s collective interests, ensure value addition, and prevent the continent from becoming merely a source of raw materials for the rest of the world. President Tinubu gave the charge while receiving a…

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MTN Group goes all-in on platforms and AI

MTN Group goes all-in on platforms and AI

MTN Group CEO Ralph Mupita MTN Group on Wednesday unpacked its Ambition 2030 strategy under the banner “one MTN, three platforms” – with targets to triple its fibre network, grow fintech 13x and double data usage. Ambition 2030, MTN’s new five-year strategy, is built around three platforms – connectivity, fintech and digital infrastructure – with…

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