Breaking Business and African Startup news today which Includes:Brent crude futures fell below $94 per barrel this morning, Yellow Card acquires Brazilian VASP GoMoney, Nigerian health-tech Helium Health has secured a $2.5 million grant from Google, Morocco Lands Major Fuel Deal, Climate Funding Facility Launched, New African Agency AfCRA to Issue first Ratings by March2027.
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start-upsSix Zambian startup teams have been selected for further development support following the GreenCode Hackathon Zambia 2026, where innovators spent 48 hours building technology-based solutions to environmental and economic challenges.
energyDisruptions to oil supplies through the Strait of Hormuz could accelerate the shift towards electric vehicles and alternative fuels, according to TotalEnergies' Energy Outlook 2026, published on 2 November.
artificial-intelligenceMeta has acquired Conductor, an artificial intelligence startup developing tools that allow software engineers to manage multiple AI coding agents simultaneously.
start-upsTLG Capital has arranged a new credit facility for Koolboks, a solar-powered refrigeration company, to increase inventory, strengthen retail distribution and expand access to off-grid cooling solutions across African markets.
energySolarcentury Africa is developing a 112 MWp solar power plant in Zambia to supply electricity primarily to First Quantum Minerals' Trident mining complex, which includes the Sentinel copper mine and Enterprise nickel mine in North-Western Province.
motoringBMW has cut its profit forecast again, and this time the company says its car division could end 2026 with an operating loss.
TechnologyR25.5 billion is a big number for an online grocery business. That is how much Checkers Sixty60 generated in sales during Shoprite's 2026 financial year, after growing by 34.7%.
fintechA bank does not have to build its own payment technology every time it wants to introduce a new way for customers to pay. That is the business Enza is targeting with its latest $6 million funding round.
energyA Nigerian business that runs a generator for several hours a day has to factor fuel into its monthly expenses. For a restaurant, workshop or small factory, that money could otherwise go towards stock, wages or equipment.
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