Story

investments·30 Oct 2026

01/05

investments

Kenafric Group launches USD 10 million corporate venture fund to back African consumer businesses

Nairobi-based Kenafric Group has launched Kenafric Ventures, a USD 10 million corporate venture fund that will invest in early-stage African consumer businesses and pair the capital with the group’s manufacturing and distribution capabilities.

BTA Admin30 Oct 2026Read

Latest videos

All videos →

Latest stories

View all →

motoring

Volkswagen's electric Golf plans hit another setback as costs mount

Volkswagen has put development of its next electric Golf on hold, adding another delay to a project that was supposed to carry one of the company's most recognisable models into the electric vehicle era.

Vutomi Manzini·01 Nov 2026

fintech

Sterling Financial makes ₦97.28 billion profit before tax in nine months

Sterling Financial Holdings made ₦97.28 billion in profit before tax between January and September 2026. That is 37.1% more than it recorded over the same period last year.

Vutomi Manzini·31 Oct 2026

fintech

Mukuru wants a piece of the pie as major South African banks face new competition

Someone who uses Mukuru to send money to family in Zimbabwe, Malawi or Mozambique may soon have another reason to keep the service on their phone.

Vutomi Manzini·31 Oct 2026

founder-fridays

Founder Fridays : Volo

What if a business could track every delivery by the minute, know exactly where a parcel was and give a customer a reliable arrival time? What if the same technology helping businesses move goods could also help drivers build a financial record, making it easier for them to access financing for an electric motorcycle?

Roy Mulenga·30 Oct 2026

motoring

Volkswagen's China problem is proving harder to fix than expected

Volkswagen went into China with a big advantage. It had an established name, a large customer base and years of experience selling cars in the country. That position has weakened as Chinese manufacturers have taken a bigger share of the market, particularly in electric vehicles.

Vutomi Manzini·30 Oct 2026

Business School

Stop Chasing Customers Who Were Never Going to Buy

A business owner can lose several days trying to close one sale. There are calls, meetings, quotations and messages to send. The customer asks questions, requests changes to the price and says they will come back with an answer. So the business owner keeps following up.

Vutomi Manzini·30 Oct 2026

start-ups

How Turuq Innovations built a profitable logistics business before taking venture capital

Turuq Innovations started with warehouse space at one of its founders' homes. Today, the Egyptian company handles between 50,000 and 100,000 orders a month for online retailers.

Vutomi Manzini·30 Oct 2026

Technology

Can African businesses afford to build their own AI products? Cassava is betting on local infrastructure

An African startup developing an AI product has to think about more than the technology. It needs developers, computing power and somewhere to run the software. Every time a customer uses the product, there may be another computing cost to pay.

Vutomi Manzini·30 Oct 2026

start-ups

Magna Collective Arranges 61 Investor Meetings for 26 Nigerian Startups

Magna Collective arranged 61 one-on-one meetings between 16 investors and 26 startups during its Investor Connection Drive in Lagos on October 27, 2026. The event brought together early-stage companies and investors using data and artificial intelligence (AI) to match businesses with potential sources of funding.

Roy Mulenga·30 Oct 2026