fintechPaying a supplier in another country can become a problem long before the goods leave the warehouse. A business may have enough money in its local account, but still struggle to get the dollars needed to pay a supplier.
News & OpinionThis week’s PowerBall jackpot is heating up, with an estimated jackpot of R106 million up for grabs in Friday’s draw.
motoringIsuzu Motors South Africa has invested close to R30 million into its commercial vehicle assembly plant in Gqeberha
EntrepreneurshipLighthouse Capital is raising a $50 million fund to invest in growing businesses in South Africa and Kenya.
The fund will invest between $5 million and $10 million in companies working in manufacturing, fintech, agribusiness and technology.
fintechM-KOPA has bought Finnish software company KilpiTek Oy for $8 million, adding the technology used to lock financed smartphones to its own business.
start-upsZimbabwean entrepreneurs Michael Moyo and Louis Murerwa have raised $2 million in pre-seed funding for their artificial intelligence startup, Ocular AI.
artificial-intelligenceIf you use an AI chatbot in South Africa, there is a good chance you are better off asking it a question in English.
That is less useful for a country where millions of people use African languages every day.
energyCape Verde is looking at changes to the way it manages fuel prices after a steep increase in the cost of petroleum products pushed regulated prices higher in October.
start-upsSix African startups have won a combined $400,000 in catalytic funding through the 2026 FINCA Ventures Prize Competition, with the grants targeting businesses working in financial inclusion and sustainable agriculture.