Fintech remained the largest recipient of startup investment in Africa in early 2026, but funding data shows investors expanding into logistics, transport and energy. African startups raised $575 million across 58 deals between January and February 2026, according to TechCabal. In January, fintech companies led funding activity with $131.6 million raised. Major funding rounds from…
BEIJING — China announced its lowest growth target in 35 years Thursday as the world’s second-biggest economy struggles with challenges at home and growing uncertainty around the world. This year, China will aim for gross domestic product growth of 4.5% to 5% “while striving for better in practice,” Premier Li Qiang, China’s No. 2 official,…
SA’s labour market struggles to fill jobs requiring deep technical expertise. (Image created via ChatGPT). South Africa’s ICT hiring market is showing signs of recovery, with recruitment activity for IT professionals ticking upward in the final quarter of 2025. According to the Q4 2025 Employment Insights Report by online recruitment marketplace CareerJunction, year-on-year hiring activity…
Cell C CEO Jorges Mendes Cell C Holdings on Friday reported its financial results for the six months ended 30 November 2025, delivering its maiden results as a JSE-listed company and marking the transition to its next phase as a financially stronger business following the successful completion of its restructuring. Key highlights The results follow…
SA’s unified digital government citizen services platform will initially be enabled for targeted test groups. Public access to government services platform MyMzansi is set to kick-start in March, focusing on high-impact service use cases. This is based on the quarterly progress report on Operation Vulindlela phase two, released by National Treasury on Friday, zeroing on…
Woolworths South Africa’s online channels continued to grow robustly over the past six months, with digital sales making an increasing contribution to the retailer’s overall performance despite a constrained consumer environment. In a trading update for the 26 weeks ended 28 December 2025, Woolworths Holdings said revenue through Woolies Dash climbed by 23%, with online…
Africa’s oil and gas sector ended 2025 on a stronger footing than expected, despite lower crude prices and continued pressure from environmental groups and global investors. Several delayed or suspended projects moved forward, signaling renewed momentum across key producing countries. TotalEnergies is set for a rebound after its African output fell from 705,000 barrels of…
JSE-listed technology group iOCO is stepping up its share repurchase programme, acquiring a further 2.34 million ordinary shares between 29 November and 31 December 2025, at prices between R3.98 and R4/share. The total value of the latest buybacks was R9.4-million, excluding transaction costs. The repurchased shares are being held as treasury shares. Since the programme…
As delays fuel public concerns, the government and ECOWAS must turn political will into action with the help of international partners. The Gambia’s July protests against alleged corruption linked to the sale of former president Yahya Jammeh’s assets show that citizens are committed to justice and transparency. Initiated by the Gambians Against Looted Assets movement,…
Abujanigeria — Nigeria has taken important steps toward stabilizing its economy through recent policy reforms, but more needs to be done to ensure these gains translate into better living standards for its citizens, according to the latest Nigeria Development Update (NDU) released by the World Bank today. Titled “From Policy to People: Bringing the Reform…
