Naspers and Prosus CEO Fabricio Bloisi Naspers and Prosus shares both shed around 7% on the JSE on Tuesday after the technology investment group warned it will sharply increase spending at iFood, its Brazilian food delivery crown jewel, to fight off an aggressive competitive offensive in its single most important operating market. In a letter…
Nairobi — Investment in Africa’s digital economy has been identified as a critical driver in unlocking cross-border trade and accelerating innovation across the continent. Speaking during a side event at the ongoing Africa Forward Summit in Nairobi, ICT Cabinet Secretary William Kabogo said Africa possesses immense potential to develop digital solutions capable of addressing challenges…
Basic Education Minister, Siviwe Gwarube, has called for urgent and sustained investment in Early Childhood Care and Education (ECCE) as a critical foundation for improving learning outcomes, advancing gender equality, and driving long-term economic growth across Africa. Speaking at the Southern and East Africa Regional Childcare Conference on Monday, which she co-hosted with the World…
Dar es Salaam — IN a world where political shocks often unsettle markets and deter investment, Tanzania offers a compelling story of resilience and recovery. East Africa’s most peaceful nation extends a confident invitation to the international community, anchored in the strength of its economy, the richness of its natural assets and the breadth of…
Danladi Verheijen Interview with Danladi VerheijenCO-FOUNDER and CEO, VEROD Lives in: Nigeria In 2008, Danladi Verheijen co-founded Verod Capital Management, a private equity investment firm focused on West Africa. How we made it in Africa editor-in-chief Jaco Maritz interviewed him about his journey as an investor and the lessons he has learnt along the way….
Cryptocurrency in South Africa has officially shed its reputation as a speculative gamble, according to the Discovery Bank SpendTrend26 report. The study, conducted in partnership with Visa, reveals that South Africans are increasingly integrating digital assets into their core investment strategies alongside traditional holdings like stocks and property. Read: Bandwidth Blog & Smile 90.4FM Tech…
British International Investment (BII), has launched its new five-year strategy, with the aim to drive £9 billion of new capital into Africa to support economic growth. A central pillar of the strategy is a focus on accelerating the flow of private capital into African countries. Of the £9 billion, BII will contribute nearly £5 billion,…
The Trump administration and the AU have started a bold journey that could ‘flip the script’ on decades of development cooperation. The United States (US) and the African Union Commission (AUC) have announced a new plan to secure investment inflows and develop trade in Africa. The Strategic Infrastructure and Investment Working Group (SIWG) formed on…
Sentech CEO Tebogo Leshope. Strengthening South Africa’s digital infrastructure is critical to unlocking socio-economic growth, says Sentech CEO Tebogo Leshope. As a result, the country needs to “respond decisively by accelerating investment and strengthening critical skills” across both the public and private sectors, he notes. Key among the digital infrastructure investments is the country’s data…
Nairobi — Energy stakeholders attending the Alliance for Rural Electrification (ARE) Energy Access Investment Forum (EAIF) 2026 in Nairobi have called for accelerated action to close Africa’s persistent energy access gap, even as Kenya positions itself as a leading destination for renewable energy investment and innovation. Industry leaders cautioned that despite growing global financing and…
