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Breaking News Today – Monday 3 August 2026
African Start-up News Headlines: Business News Today Emirates NBD Egypt to Acquire HSBC Egypt's Retail Bank Emirates NBD announced yesterday, that its fully-owned subsidiary in Egypt had entered into a definitive agreement to acquire the retail banking business of HSBC Egypt. Under the acquisition agreement , Emirates NBD Egypt will acquire HSBC Egypt's retail banking
Bolt users can now book rides through ChatGPT in Africa
Users can now search for fares and request rides through ChatGPT before completing their booking in the Bolt app. Bolt has integrated its ride-hailing service with ChatGPT. Users can now search for rides, compare fares and request a trip through the AI assistant before completing the booking in the Bolt app. The feature is available
MTN Nigeria's fintech revenue falls after Xtratime suspension
The telecom operator says the service has resumed after pausing it to comply with Nigeria's new digital lending regulations. MTN Nigeria's fintech business reported a sharp drop in revenue during the second quarter after the company suspended its Xtratime airtime and data credit service earlier this year. Fintech revenue fell 72.4% year on year to
The Great Divide: How the US and China Are Splitting the AI World
AI Now a Geopolitical Dominance tool – Advice for Navigating AI for African Businesses In it's latest BCG Report – “The Great Divide: How the US and China Are Splitting the AI World” (June 2026), Boston Consulting Group argues that the US and China remain the two dominant AI superpowers, but their strategies have diverged
Founder Fridays : CyberM8
When people think about cybersecurity, they think about protecting systems and preventing attacks. For Thabang Phala, it is also about creating opportunities. Over the past decade, he has built CyberM8 from a small awareness programme into a community that spans eight African countries, connecting students, professionals, government institutions and businesses while helping more young Africans
Cash flow mistakes that hold SMEs and startups back
A startup can attract customers, generate sales and still run into financial trouble. The reason is often cash flow. Many founders focus on revenue and assume a growing business is a healthy business. However, if money is not coming in when bills need to be paid, even a promising startup can find itself under pressure.
The Mining Wrap
This week's Mining Wrap covers digital mining initiatives, critical minerals, mine development, strategic transactions and operational updates from across Africa. Highlights include South Africa's mining modernisation roadmap and new rare earth and lithium developments in Namibia, Madagascar and the Democratic Republic of Congo. The wrap also covers gold production milestones in Côte d'Ivoire, major corporate
Cabinet approves 10-year driving licence cards for South African motorists
South African motorists could soon spend less time renewing their driving licence cards after Cabinet approved a proposal to extend their validity from five years to 10 years. The proposal is one of several amendments to the National Road Traffic Act. Parliament must now debate and approve the changes before they become law. Until then,
Huawei launches 12 transport solutions for South Africa
The new technologies target rail, roads, ports and airports, with a focus on improving operations and reducing delays. Huawei has introduced 12 transport solutions for South Africa, adding new technologies for rail, road traffic, ports and aviation as transport operators come under pressure to improve efficiency and make better use of existing infrastructure. The company
Breaking News Today – Friday 31 July 2026
African Start-up News Headlines: Business News Today Rwanda Phasing out 2G and 3G mobile Technology The Government of Rwanda has approved a phased plan to retire the country’s 2G and 3G mobile networks and complete the transition to 4G and 5G.Under the plan, 3G services will be switched off nationwide on 30 June 2027. The
LCP Launches Pan-African Startup Initiative With Mozambique Pilot
Maputo-based strategic advisory firm Licínio Chissano and Partners (LCP) has launched a new initiative to support high-growth technology startups and climate resilience ventures, beginning with a pilot programme in Mozambique. The initiative will focus on early-stage businesses in FinTech, Logistics, AgriTech, HealthTech, EdTech and ClimateTech. According to LCP, the programme is designed to help startups
US crypto bill faces fresh hurdles in the Senate
A group of US lawmakers has hit fresh hurdles in its effort to pass a bill that would create a clearer regulatory framework for cryptocurrencies. Senators remain divided over ethics rules and concerns raised by the banking industry. The proposed Digital Asset Market Clarity Act would define how regulators oversee digital assets and clarify the
South African Startup Aura Integrates Google Maps Into Emergency Services
South African emergency response technology company Aura has integrated Google Maps Platform into its platform. The move is designed to improve response times and location accuracy across its operations. The integration will be rolled out across Aura's responder applications, customer platforms and dispatch systems in South Africa, Kenya, the United Kingdom and the United States.
German Startup Knowlix AI Expands AI Business Platform to 29 African Markets
German software startup Knowlix AI has launched its AI-powered business management platform across 29 African countries, targeting small and medium-sized enterprises (SMEs) looking to streamline everyday business operations. The Munich-based company says its platform brings together customer relationship management, invoicing, inventory management, project tracking and other back-office functions into a single system. The rollout includes
Mercedes-Benz cuts sales outlook after R26.5 billion hit in China
Mercedes-Benz has lowered its expectations for 2026 after a difficult first half in China, where slowing demand and intense competition from local carmakers weighed on sales and earnings. The German automaker said its China business reduced first-half earnings by €1.392 billion (around R26.5 billion). The figure includes impairment charges, provisions and lower earnings from its
How Apple at Work Supports Growing Businesses
Businesses rely on technology every day, but buying devices is only part of the equation. Companies also need equipment that works together and supports employees across different roles. It should also remain easy to manage as the business grows. Apple at Work, offered through Incredible Business, combines Apple's business devices with advice and support. The
South Africa's IT Spending to Grow Nearly 20% in 2026
South Africa's technology bill is climbing faster than the global average. Businesses will spend $28.1 billion on IT in 2026. Gartner says that represents 19.8% growth from last year, compared with the global forecast of 14.2%. Gartner shared the figures with TechCentral after releasing its latest global forecast. They point to a clear trend. Companies
No Free Lunch Podcast – Building Supporting Ecosystems
Building Ecosystems to Empower Women in Advertising and Media As South Africa heads into Women's Month, a vital conversation emerges around strengthening industry ecosystems to support the development of women leaders. Why are ecosystems essential, and how can they be intentionally built to foster growth, collaboration, and opportunity? In this episode of No Free Lunch
Breaking News Today – Thursday 30 July 2026
African Start-up News Headlines: Business News Today Africa's Own Credit Rating Agency set for October 2026 Launch The African Peer Review Mechanism (APRM) is to launch the Africa Credit Rating Agency (AfCRA) on 6 October 2026 in Port Louis, Mauritius. The agency is designed as a private-sector-led but continentally anchored institution that will provide credit
Taking a Closer Look at the Mazda CX-60
Mazda has steadily built a reputation for producing vehicles that feel more premium than their price suggests, and the CX-60 continues that approach. Building on what the CX-5 started, the CX-60 brings more refinement, better technology and a stronger focus on performance. After spending time with the vehicle, however, one thing became clear. While the