African

African businesses are now competing for discretionary spending against a new sector – online gambling. As it proliferates, regular businesses, whether entertainment providers, phone companies, or even grocery shops, are seeing customers increasingly willing to spend on games of chance rather than perishables, a good flick, or faster internet. “People are spending money in a

The African economic landscape in 2026 is a testament to resilience and strategic fiscal reform. While global markets have faced volatility, several African nations have successfully stabilized their legal tender through aggressive monetary policies, mineral wealth, and a shift toward diversified exports. For investors, travelers, and business leaders, understanding currency strength is not just about

The African Development Bank (AfDB) has approved an equity investment of up to $15 million in the Alterra Africa Accelerator Fund (AAA Fund), a private equity vehicle focused on scaling high-growth businesses across the continent. The investment is expected to help mobilise additional institutional capital while strengthening the fund’s ability to provide long-term financing to

The African Development Bank Group has approved an investment of about $8.1 million in the Breega Africa Seed I Fund to support early-stage technology startups across the continent. The investment comprises $5.4 million in equity from the bank and a further $2.7 million junior tranche financed on behalf of the European Commission under the Boost

Soccer Photo - Jagaban Cup Ronaldo Delima's old club, Cruzeiro have intensified their push into the African market after sending a scouting representative to...

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A few Africans are listed among the world’s 500 richest people. Even with global markets remaining unpredictable, Africa’s richest individuals have opened the year with resilient businesses and, in some cases, fast-moving valuations that keep them visible on the world’s richest list. But their relevance goes beyond net-worth rankings. These individuals sit at the intersection

Makhadzi Hospitalised After Limpopo Car Crash South African music sensation Makhadzi is recovering in the hospital after being involved in a serious road accident. The award-winning performer was travelling from Limpopo to Johannesburg when the incident occurred on the morning of 31 December. Her management company...