energyGhana has signed a non-binding memorandum of understanding with Shell and Chevron over the South Deepwater Tano Cape Three Points block as the government proposes reducing the Ghana National Petroleum Corporation's (GNPC) carried interest in new upstream projects from 15% to 10%.
motoringToyota is considering using hydrogen-powered trucks to move automotive parts and support other logistics operations at its factories, as the carmaker looks for more practical uses for hydrogen technology.
TechnologyGauteng recorded the highest participation in Vodacom South Africa's Turn Your E-Waste into Rewards Challenge, highlighting consumer uptake of e-waste recycling when collection is convenient and accessible.
start-upsStaritude Solutions started in January 2024, when Boitumelo and Naledi Moroke, sisters and both single mothers, sat down at a kitchen table in Johannesburg with no savings and no jobs.
investmentsKenya has ordered Tata Chemicals Magadi to stop operations as the government seeks to reshape the economic model around the Magadi soda ash operation, with greater emphasis on local processing, jobs and domestic value creation.
News & OpinionBusiness news, Market data and African Startup Business News Daily
start-upsGhanaian fintech startup Seevcash has secured US$333,000 in funding through the Stellar ecosystem as it expands its remittance and peer-to-peer money transfer platform for African diaspora communities.
miningMining investment, equipment deployment, automation, electrification and ESG remained central to Africa’s mining industry this week, with companies advancing copper, uranium, rare earths and other critical mineral projects while governments push for greater local participation and stronger environmental standards.
sme-sVillage Capital has invested $450,000 in two Nigerian startups through its Africa Ecosystem Catalysts Facility.
The investment is the facility’s first in Nigeria. The two companies are Trade Lenda, a financial services company for small and medium-sized businesses, and AirSmat, a climate-tech company that turns agricultural waste into biochar based fertiliser.