Investors in Kuramo Capital Management moved $458 million in African private-market assets to a continuation vehicle managed by Sango Capital, the investment firm led by former Bridgewater Associates partner Richard Okello. The assets were transferred from 2 Africa-focused funds that had passed their fund life and a 2019 fund, Kuramo Chief Executive Officer Wale Adeosun…
· Bank commits $20bn into Nigerian economy in the last five years President Bola Tinubu has charged the leadership of African Export-Import Bank (Afreximbank) to intensify efforts to mobilise and deploy the continent’s vast human, financial, and natural resources for the collective economic advancement of Africans. Tinubu said Africa’s drive for industrialisation could not remain…
The fishing sector has for generations been dominated by men with women being pushed to household chores. Overall, women in the fishing sector make up over half of the workforce but their roles are limited to processing, small-scale fishing and net-mending and marketing of fisheries. The UN Food and Agricultural Organization (FAO) estimates that globally…
South Africa has four banking MVNOs (Capitec Connect, FNB Connect, Standard Bank Connect and Nedbank Connect), and they’re all essentially running the exact same playbook. The logic is simple enough: use a mobile product to deepen the banking relationship, gather behavioural data between transactions and create sticky switching costs as a customer’s financial life grows….
For many South African universities, AI detection tools are only one component of a broader approach to safeguarding academic integrity. (Image source: 123RF) South African universities are adopting increasingly cautious positions on artificial intelligence detection tools. Some have discontinued their use, one has never adopted them, and many emphasise that AI-generated content detectors cannot be…
Rwanda and South Africa have agreed to take steps toward easing travel restrictions and improving mobility between their citizens, including progress on visa normalisation and efforts to address restrictions affecting Rwandan passport holders. The announcement was made on Wednesday, June 17, in Pretoria during a joint press conference by Minister of Foreign Affairs and International…
Addis Ababa — United Nations Deputy Secretary-General Amina Mohammed has called on Africa to move “from policy design to delivery of scale” and from “promising pilots to measurable impact.” In her message at the Africa Development Impact Forum (ADIF) in Addis Ababa today, she said that while the African continent is rich in ideas and…
For generations, Africa has exported its wealth and imported its future. From copper and cobalt to crude oil and natural gas, the continent has supplied the raw materials that power global industries while receiving only a fraction of the value generated from them. The result has been a paradox that has defined Africa’s economic story…
In February 2026, the Ghana Revenue Authority deployed Publican AI at Tema Port –software that analyses import declarations, benchmarks values against global trade databases, and flags anomalies before clearance. Within weeks, customs revenue soared from GH₵2.4 billion to GH₵3.6 billion, with the system generating an average of $3 million a day in additional revenue. By…
New York Knicks use an explosive third quarter to take a 2-0 lead over Cleveland in the NBA Eastern Conference finals. Published On 22 May 202622 May 2026 Josh Hart scored a playoff career-high 26 points, Jalen Brunson had 19 points and 14 assists, and the New York Knicks moved halfway to their first NBA…
