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African founders set for Cape Town at GEC+Africa 2026
After making stops in nine African countries, the Road to GEC+Africa is heading to its final destination. South Africa will host the last Regional Bootcamp and Pitch Competition before GEC+Africa 2026 opens at the Cape Town International Convention Centre (CTICC) on 16 and 17 September. The roadshow has travelled through Botswana, Uganda, Namibia, Algeria, Ghana,
Business School – Prevention of Corruption Amendment Application in Your Business
Corruption may just get more expensive: What the PRECCA Amendment Bill means for you By Kim Rew, partner, Webber Wentzel South Africa has been fighting corruption with legislation that, frankly, lacked teeth. The Prevention and Combating of Corrupt Activities Act 12 of 2004 (PRECCA) has long been the cornerstone of the country's anti-corruption framework —
US Tariffs Revisited – South Africa and Angola Targeted
South Africa and Angola are among the African States targeted by new US Tariffs In March 2026 the US Trade Representative (USTR) opened Section 301 investigations into 60 economies (covering more than 99% of US imports) over their alleged failure to impose and effectively enforce a prohibition on the importation of goods produced with forced
Maritime Nuclear Startup Bluecore Raises $10 Million
Maritime energy startup Bluecore Energy has secured US$10 million in pre-seed funding to accelerate the development of floating small modular nuclear reactors (SMRs) designed to supply low-carbon electricity to ports, coastal infrastructure and nearby communities. The funding round, announced on Tuesday, was led by Slauson and Co., with participation from Harlem Capital, Precursor Ventures, Ripple
Google Launches Faster, Lower-Cost Gemini AI Models
Google DeepMind has expanded its Gemini AI portfolio with the release of Gemini 3.6 Flash, Gemini 3.5 Flash-Lite, and Gemini 3.5 Flash Cyber, introducing models aimed at improving performance while reducing deployment costs for developers building AI applications. Announced on Tuesday, Gemini 3.6 Flash becomes Google's primary production model, offering stronger coding capabilities, improved reasoning
South Africa looks to stablecoins to simplify African trade
The African Continental Free Trade Area (AfCFTA) aims to make it easier for African countries to trade with one another. But for many businesses, sending money across the continent remains more complicated than moving goods. A South African company paying a supplier in Malawi may still have that payment routed through banks outside Africa before
BasiGo, Rubis Expand Kenya's EV Charging Network
Kenyan electric mobility startup BasiGo is expanding its charging footprint after signing a partnership with Rubis Energy Kenya that will add fast electric vehicle (EV) chargers to service stations across the country. The agreement gives BasiGo access to Rubis' network of more than 300 fuel stations, creating additional charging locations as the company scales electric
Rank adds community savings and payroll products in Nigeria
Rank, the Nigerian fintech formerly known as Moni, has expanded its product offering with three new financial services. The products are built around one of Africa's oldest financial systems: community savings groups. The company has launched Money Circles, Tribe and Rank Perks in Nigeria. The aim is to bring informal savings and borrowing groups onto
No Free Lunch Podcast – Scaling Business Sensibly – Lessons for Entrepreneurs
The latest No Free Lunch podcast discussion focuses on the Purple Group’s acquisition of Telescope AI and the strategic thinking behind the deal. Purple Group CEO and Founder, Charles Savage explains that the relationship between the two companies began years ago, when he first met Telescope AI founder Luke, and became more serious in late
Breaking News Today – Wednesday 22 July 2026
African Start-up News Headlines: Business News Today Support for Platinum Sees Price Reversal Platinum futures have climbed to around $1,670 an ounce this morning, reaching a four-week high as renewed buying across precious metals and persistent global supply constraints supported prices. After several weeks of weakening prices and heavy losses across the precious metals complex,
The Business Behind South Africa's Illegal Mining
Every few months, South African police announce another operation targeting illegal mining. Arrests are made, explosives are confiscated and abandoned mine shafts are sealed. But within weeks, new operations emerge, sometimes just a few kilometres away. The resilience of illegal mining raises an uncomfortable question: Why does an industry subjected to constant law enforcement continue
Perplexity Gives Startups a Faster Way to Do Business Research
Good research takes time. Founders spend hours reading company websites, comparing competitors, following industry news and trying to understand new markets before making decisions. The information is available, but finding the right sources often takes longer than expected. That has created an opening for research tools such as Perplexity. Less time searching Many business questions
Breaking News Today – Tuesday 21 July 2026
African Start-up News Headlines: Business News Today Ivory Coast Promoting "Champion Businesses" The Ivory Coast government is looking to establish so-called "national champions" to fuel economic development and encourage the building of small and medium enterprises. Among those champions is oil and gas distributor, Petro Ivoire and cosmetics manufacturer Kaera. As a sign of investor confidence,
Airtel Africa Revisits London IPO Plans for Airtel Money
Airtel Africa is preparing to revive plans to publicly list its mobile money business, Airtel Money, in London after shelving earlier proposals because of challenging market conditions. The telecommunications group is targeting an initial public offering (IPO) in the second half of 2026 that could value the business at approximately US$10 billion and raise around
African Bank Considers Restructuring as Losses Delay IPO Plans
African Bank is considering a major restructuring programme that could affect approximately 1,200 employees and lead to the closure of around 90 branches across South Africa as it responds to mounting financial pressures and rising operating costs. The bank confirmed it is contemplating a Section 189A consultation process after reporting a net loss after tax
VOVE ID launches startup compliance programme
Compliance is often one of the last things startups think about until an investor, bank or regulator asks questions. Moroccan regtech startup VOVE ID wants founders to deal with those issues much earlier. The company has opened applications for the VOVE Compliance Infrastructure Program, a new initiative that will help startups review their customer verification,
ASML edges closer to a $1 trillion valuation
Dutch chip equipment maker ASML is back in the headlines after another strong run in its share price. The company is now worth close to $700 billion, and that has raised a new question among investors: could ASML become the first listed company in Europe to reach a market value of $1 trillion? The discussion
Resetting South Africa's Automotive sector Trajectory
The latest Global Automotive Intelligence Review from NAAMSA, frames the current period as a “Global Automotive Reset.” Three powerful forces are simultaneously reshaping mobility, industry structure, and investment decisions: Core Thesis of the Report The era of scale for its own sake is ending. The implications are clear – Manufacturers are actively cutting capacity, simplifying
Monday Staffing Solutions: Why a good interview doesn't always lead to a job offer
A job interview can go well and still end without a job offer. You answer the questions, meet the hiring team and leave feeling confident. A few days later, an email arrives saying the company has decided to move forward with another candidate. It happens more often than many job seekers realise. That doesn't always
Nigerian Fintech Nearpays Wins AI for Good Innovation Factory 2026 in Geneva
African fintech startup Nearpays has won the AI for Good Innovation Factory 2026 at the AI for Good Global Summit in Geneva, earning international recognition for its AI-powered payment platform designed to expand financial inclusion. Organised by the International Telecommunication Union (ITU), the competition ran over 12 months and featured monthly startup pitching sessions and