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Angola Signs Exclusive Negotiation Agreement with Shell
Angola has signed an exclusive negotiation agreement with Anglo-Dutch oil giant Shell, covering the exploration and development of several offshore oil blocks, including Blocks 19, 34, and 35. The announcement was made on October 31 by international media, citing Angola’s National Agency for Oil, Gas and Biofuels (ANPG), which manages the country’s petroleum concessions. While
MTN Migrates Enterprise Analytics Platform to Microsoft Azure
MTN Group announced on October 31 that it has successfully migrated its Enterprise Value Analytics (EVA) platform to Microsoft Azure, launching EVA 3.0 in South Africa. The company describes this as “the largest Telco cloud implementation in the Middle East and Africa,” reflecting a significant step in its technology-driven strategy. Boosting Data Capabilities The upgraded
TymeBank Appoints Cheslyn Jacobs as New CEO
TymeBank, has named Cheslyn Jacobs as its new Chief Executive Officer, effective 1 January 2026. Jacobs will succeed Karl Westvig, who will remain with the bank in an advisory capacity. Jacobs, a founding member of TymeBank, has been involved with the bank since its early stages and brings experience in both banking and business management.
In2IT Hosts Second Annual Cybersecurity Round Table
In2IT yesterday hosted their second Annual Cybersecurity Roundtable event, bringing together industry experts, panelists, and thought leaders to explore the critical role of cybersecurity in today’s highly connected world. The event, themed “Secure the World,” addressed the gray areas of cybersecurity and demonstrated how private and public partnerships must adopt a holistic approach to address
Oando Records 164% Profit Growth
Oando PLC (https://OandoPLC.com/), the Nigerian energy group listed on both the Nigerian Exchange and Johannesburg Stock Exchange, has announced its unaudited results for the nine months ended September 30, 2025, reflecting remarkable growth. Financial Results Details The Group delivered a Profit After Tax of ₦210 billion, a 164%, an increase from ₦76 billion in the
Nigeria Launches Unified Cloud for Environmental Data Management
Nigeria’s Ministry of Environment has launched the 1Gov Cloud Digitalization Program, a new initiative designed to modernize government services and streamline environmental data management through a single, unified platform. Reducing Costs and Emissions “Digitalization is no longer optional; it is a necessity. Through the Galaxy Backbone 1Government Cloud, we are enabling data-driven environmental management, cutting
Standard Chartered Sells Wealth and Retail Banking Business to FNB Zambia
Standard Chartered Bank Zambia and First National Bank (FNB) Zambia have entered into an agreement for the sale of Standard Chartered Zambia’s Wealth and Retail Banking (WRB) business portfolio. This follows Standard Chartered’s 27 November 2024 announcement of its intention to explore a potential sale, consistent with the Bank’s global strategy to focus resources on
BYD Expands South African Line-Up with New Sealion 5 Plug-In Hybrid SUV
BYD, China’s largest electric vehicle manufacturer, is accelerating its footprint in South Africa with the launch of the Sealion 5, a new plug-in hybrid SUV. The announcement follows the company’s recent pledge to roll out a nationwide high-speed EV charging network, underscoring BYD’s growing investment in sustainable mobility across the region. A New Player in
Business School – SME Cyber Security Tips
Cybersecurity – SMEs Should Prioritise and Safeguard their Digital Future With one in three South African small and medium enterprises (SMEs) falling victim to cyberattacks, the digital threat landscape is no longer a distant concern — it’s a daily reality. SME services provider Lula has called on small business owners to take proactive steps to
Safaricom Ethiopia Deepens Roots with M-Pesa's EthSwitch Integration
Safaricom Ethiopia has expanded M-Pesa's reach by integrating it with EthSwitch, Ethiopia's national payments network. This move bridges M-Pesa wallets with over 15 banks and other mobile wallets, paving the way for smoother and more inclusive financial transactions. The integration, announced on October 27, marks a breakthrough moment for financial interoperability in the country connecting
Groundbreaking AI Powered App Builder Designed for Africa Launched
Gebeya Inc. (www.Gebeya.com), a platform technology company empowering Africans in the service economy , today announced the launch of Gebeya Dala, a revolutionary AI-powered app builder engineered specifically for the African context. Born from the need to overcome unique local barriers to tech creation, Gebeya Dala empowers anyone, from curious teenagers to aspiring entrepreneurs, to
Amazon Announces Corporate Restructuring Plan with Job Cuts
Amazon is preparing to trim up to 30,000 corporate roles starting Tuesday, part of a broader effort to streamline operations and adjust for over-hiring during the pandemic. While the number represents only a small fraction of Amazon’s 1.55 million employees, it accounts for nearly10% of the company’s 350,000 corporate staff making this the largest round
Rhino Resources Advances Drilling and Testing in Namibia’s Orange Basin
Rhino Resources is preparing to launch a new drilling and testing campaign in its PEL 85 offshore block, located in Namibia’s Orange Basin. The initiative aims to confirm the commercial potential of the company’s oil and condensate gas discoveries before transitioning into the development phase. According to a company statement released on Friday, October 24,
MultiChoice to Delist from JSE and A2X as Canal+ Crosses 90% Ownership Threshold
MultiChoice Group is officially set to delist from the Johannesburg Stock Exchange (JSE) and A2X Markets following Canal+’s successful acquisition of more than 90% of its issued shares. This development triggers a mandatory buyout of the remaining shareholders, in accordance with South African takeover regulations. Trading in MultiChoice shares ends on 6 December 2025. The
GSMA Partners with Africa’s Leading Operators to Tackle Smartphone Costs
The Global System for Mobile Communications Association (GSMA) has teamed up with six of Africa’s top mobile operators Airtel, Axian Telecom, Ethio Telecom, Orange, Vodacom, and MTN to develop minimum standards for low-cost smartphones. The announcement came during the Mobile World Congress Africa in Kigali, Rwanda, as part of the GSMA Handset Affordability Coalition. The
Outsmart the Scammers this Cybersecurity Month
October is the month when cybersecurity experts are busiest, keeping us all safe online. With Black Friday around the corner, there are deals everywhere, people clicking fast and scammers are sharpening their digital claws. Around 68% of South Africans said they were targeted by fraud (email, phone, text, online) from Aug-Dec 2024 and 33% of
Weekly Tech Wrap – on Business Tech Africa
Bill Gates warns that AI advancement means the reduction of human labour. In an eye opening commentary, Bill Gates voiced that due to AI advancement, humans may only need to work up to two days in the future. This highlights how AI and labour collide. Bill Gates explained how despite the current state of Artificial
AWIEF2025 Conference and Exhibition Set to Empower Women Entrepreneurs Across Africa
The Africa Women Innovation & Entrepreneurship Forum (AWIEF2025) will open its doors from 30 to 31 October 2025 at the Cape Town International Convention Centre in South Africa. This event will unite women entrepreneurs, investors, policymakers, corporate executives, and development partners from across Africa and the diaspora, fostering high-level dialogue, showcasing innovations, and creating opportunities
Hyatt Regency Brand Debuts in Zambia with Renovation of The Pamodzi Hotel
Hyatt enters a management agreement with ASB Hotel Properties and Albwardy Investments (Pamodzi Hotels PLC), introducing the full-service Hyatt Regency brand to Lusaka, Zambia. The iconic property, currently operating as The Pamodzi Hotel, will undergo extensive renovations while staying open and will reopen as Hyatt Regency Lusaka The Pamodzi in 2026. This marks Hyatt’s first
Liquid Intelligent Technology Zambia Launches SME Portal
Liquid Intelligent Technologies Zambia, a business of Cassava Technologies, has unveiled its Small and Medium-Sized Enterprises (SME) Portal a first-of-its-kind bundled digital solution designed to equip Zambian businesses with the tools they need to compete, grow, and thrive in today’s rapidly evolving economy. An All-in-One Digital Platform for SMEs The portal consolidates essential digital services