Elon Musk’s Starlink is reportedly mulling a significant R2 billion investment in South Africa as a potential strategy to secure an operating license, according to anonymous sources cited by Business Day. This move could be a way for the satellite internet company to work around South Africa’s black empowerment regulations. Read: Nothing Phone 3: A…
Across Africa, some of the most resilient and effective entrepreneurs are displaced women. With forced displacement at an all-time high and economies under pressure to grow inclusively, the case for investing in displaced women has never been more urgent. There are 44 million forcibly displaced individuals across Africa – a powerful workforce, consumer base, and…
President Lazarus McCarthy Chakwera has met with Africa’s richest man, Aliko Dangote, in Abuja, Nigeria, where he is attending the 32nd Afrexim Bank Annual Summit. Hot on the heels of another high-level meeting with billionaire Tony Elumelu, Chakwera’s engagement with Dangote marks a deliberate strategy to court heavyweight African investors capable of shifting Malawi’s economic…
Jon Jacobson, co-founder and group CEO of Omnisient, and Lee Naik, regional president and CEO of TransUnion Africa, signing the deal. Credit bureau TransUnion has made a minority investment and broader strategic partnership with Omnisient, a South African-founded fintech firm operating internationally that offers a privacy-preserving data collaboration and advanced analytics platform. In a statement,…
Governor Radda’s strategic presentation positions Katsina State at the forefront of Nigeria’s international investment drive, leveraging the China-Africa partnership framework to attract investments Katsina State Governor, Dikko Umaru Radda has pitched various investment potentials in the state to global investors at the Fourth China-Africa Economic and Trade Conference. Speaking at the prestigious 3-day summit held…
Addis Ababa, — President of the African Development Bank (AfDB), Akinwumi Adesina called for the USA to increase its investment in Africa. The U.S.-Africa Business Summit is underway in Luanda, Angola’s capital. Organized by the Corporate Council on Africa (CCA) in collaboration with the Angolan government, the U.S.-Africa summit will cover opportunities for expanding U.S.-Africa…
New York — The world is losing interest in investing in others, especially when it comes to humanitarian aid. Foreign Direct Investment (FDI) has slowed to critical levels, weakening emerging markets and further slowing growth across developing nations. As of 2025, FDI has dwindled to its lowest levels yet, largely due to heightened trade tensions…
Meta is expanding its commitment to geothermal energy with a new agreement in New Mexico, partnering with XGS Energy. This collaboration aims to support the development of next-generation geothermal technologies, making this renewable energy source feasible in previously inaccessible locations. The plan is to add 150 megawatts (MW) of carbon pollution-free electricity to the power…
