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Nigeria Caps Aviation Fuel Prices After Sharp Cost Surge
Nigeria has introduced price ceilings on aviation fuel to prevent disruptions in air travel after a sharp rise in costs. The move targets a sector already under strain from higher operating expenses. On April 28, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) set fuel price ranges of 1,760 to 1,988 naira per litre
Amazon LEO Applies for Kenya Telecom Licence to Enter Broadband Market
Amazon’s satellite internet project, Project Kuiper, now rebranded as Amazon LEO, is seeking regulatory approval in Kenya as part of its broader expansion across Africa. The company has applied to the Communications Authority of Kenya (CAK) for a Network Facilities Provider (NFP) Tier 2 licence. A regulatory notice dated April 17, 2026, states that the
Dangote Targets Multi-Exchange Listing to Fund Refinery Expansion
Aliko Dangote plans to sell about 10% of the Dangote Petroleum Refinery through listings on several African stock exchanges, widening the offering beyond Nigeria and opening it up to a broader pool of investors. The sale is intended to raise funding for a $40 billion investment programme scheduled over the next five years. The plan
Scaling a Startup Without Burning Out
One of the main causes of small startup business failure is something that commonly goes unchecked, and in some cases has been normalised especially in many African business environments, where it is mistaken for “working hard.” Long hours, constant pressure, and doing everything alone are treated as commitment. But what looks like hard work is
Petrosen Takes Full Control of Yakaar-Teranga Gas Project After Kosmos Exit
Senegal’s state oil company Petrosen has taken full control of the Yakaar-Teranga gas project after U.S.-based Kosmos Energy withdrew from the development. The two sides signed an exit agreement covering the Cayar Offshore Profond block, according to the Senegalese Press Agency. The deal transfers full license rights to Petrosen, giving the national company sole control
Nigeria Steps Into Venture Capital With State-Backed Startup Funds
Nigeria is stepping into venture capital, moving beyond oversight to invest directly in startups. Over the past six months, the federal government has launched a series of funds and programmes to back early-stage companies and draw private capital into the country’s tech sector. Public Capital Targets Startup Funding Leading this effort is the USD 617.7
How Zambian Startup ZeroAI Brings STEM to Underserved Schools
Zambian startup ZeroAI Technologies is changing how robotics and intelligent systems are introduced in schools. This is especially true in places where infrastructure is limited. Instead of relying on internet access or stable electricity, the company builds practical, self-contained lab setups. These allow students to learn by doing, regardless of their environment. Founded in 2014
Startup Mondays : Validating a business idea before building
One of the biggest early mistakes founders make is building too quickly without first validating their business idea. It’s tempting to jump straight into developing a product, designing a brand, or launching a full platform, but without clear evidence of demand, that effort can easily go to waste. Validation is not just about testing an
THE MINING WRAP
Komatsu has reached a major global milestone in its autonomous mining programme by commissioning its 1,000th ultra-class autonomous haul truck under its FrontRunner system. The truck is a Komatsu 930E-5AT, deployed at Barrick’s Nevada Gold Mines in the United States. The deployment marks one of the most significant scaling points in mining automation. Booi Industries
Eni Secures Approval for $10.3 Billion Nigerian Offshore Oil Project
Italian energy company Eni has received approval from Nigerian authorities to move ahead with a major offshore investment estimated at $10.3 billion. This moves one of the country’s longest-delayed oil projects closer to development The investment will focus on the Zabazaba and Etan oil fields in the deepwater OPL 245 block. Plans include installing a
Has Compliance Become a Key Factor in Startup Funding?
Compliance usually doesn’t come up first when people talk about startup funding. Founders tend to focus on building the product, getting users, and growing revenue. Investors, however, are thinking in more practical terms—whether the business is properly set up to handle growth without running into problems later. What used to sit in the background of
Top 10 Sectors Driving African Startup Innovation Right Now for Founders to Consider
Africa’s startup ecosystem is expanding at remarkable speed. It is changing how people live, work, trade, and access essential services. While the continent has long been seen as a “high potential” market, innovation is now driven by practical solutions to structural challenges such as energy access, financial inclusion, food security, and urbanisation. Today, ten key
TCL introduces SQD-Mini LED TVs and smart home lineup in South Africa
TCL has introduced its SQD-Mini LED range in South Africa as part of its latest display technology rollout. The launch brings SQD-Mini LED (Super Quantum Dot Mini LED) to the local market for the first time, paired with full-range audio by Bang & Olufsen. The system combines refined backlighting and upgraded quantum dot materials to
What Happens After a Mine Closes? The Economic Afterlife of African Mining Towns
In the midst of Africa’s mining boom, fueled by cobalt, copper, lithium, and rare earths powering EVs and green technology, one reality stands out: these resources are finite. Each day, mining operations haul the first tonne, crush fresh ore, drill and blast new faces, and smelt gold and copper concentrates, with each “first” quietly marking
Nigerian Drone Startup Terra Industries Expands Manufacturing to Ghana
Nigerian startup Terra Industries is expanding beyond its home market with plans to open its first overseas manufacturing facility in Ghana, aiming to scale faster in a market with clearer incentives while local policy development continues at home. The 34,000-square-foot drone production plant in Accra, known as Pax-2, is set to become Africa’s largest drone
Mahindra Considers Full Vehicle Assembly in South Africa with Durban CKD
Indian automaker Mahindra is exploring the possibility of setting up a completely knocked down (CKD) production line at its facility near Durban. If approved, the company would ship fully disassembled vehicle kits to South Africa for final assembly locally. This would be a move from its current setup. Since 2018, Mahindra has used a semi-knocked
Startup Spark Monday: Practical Tips for Founders
One of the biggest early decisions in any startup journey is whether to bootstrap your business or pursue external funding. This is not just about how you raise money. It influences how fast you can move, how much control you keep, the pressure you operate under, and ultimately how your startup behaves when things get
Canva Introduces AI 2.0, Offline Access, and New Education Platform
Canva has announced its most significant evolution since its launch in 2013. The update was revealed at Canva Create in Los Angeles and introduces Canva Offline, Canva AI 2.0, and Learn Grid, a new education hub. For South Africa, the standout feature is Canva Offline. With more than half of Canva designs created on mobile
Microsoft Invests $329M to Expand South Africa Data Centres and AI Skills
Microsoft is committing $329 million to expand its data centre footprint in South Africa, aiming to strengthen infrastructure resilience and accelerate AI skills development across the country. The investment builds on Microsoft’s earlier $1.2 billion pledge and reinforces South Africa’s position as a leading digital hub on the continent. The new funding will support land
Founder Friday : Stokvel Academy
Busi Skenjana, founder of Stokvel Academy and CEO of BSK Marketing, doesn’t tell a polished, linear story about entrepreneurship. Hers is shaped by instinct, environment, and a relentless pull toward independence long before the word “startup” entered everyday vocabulary. “I grew into it,” she says simply. That growth began early. At an early age in