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The Mining Wrap
The continent-wide Timbuktoo MineTech Accelerator Programme has scaled its second phase by awarding equity-free funding to startups building tech-enabled solutions for mining operations and sustainability. The program targets early-stage companies working on operational efficiency, safety, and environmental monitoring. This gives founders capital without dilution, accelerating product development and pilot deployments. It also signals stronger investor
Gautrain moves into e-hailing with new Gau Express service
The Gautrain Management Agency is reportedly planning to launch its own ride-hailing service later this year, marking a move beyond rail transport and into South Africa’s growing e-hailing market. The service, called Gau Express, is expected to launch in October through the existing Gautrain app. Commuters will reportedly be able to book rides directly from
Breaking News Today – Friday 22 May 2026
African Start-up News Headlines: Business News Today New Angolan Bond Draws Major Investor Interest Angola has issued its second Eurobond this year, raising $1.5 billion after receiving an oversubscribed funnel of around $4 billion in orders, according to Angola's finance ministry, who released a statement yesterday. The issue was structured in two tranches, with maturity set
The African Founder Scaling Ceiling
7 Hidden Constraints That Slow Growth In Businesses Between R5M and R50M in Revenue Contributing Writer – Dunja Berger (Executive Coach) Why this report exists Most African founders don’t plateau because of market conditions – They plateau because the internal system that created early growth becomes the constraint that limits the next stage of scale.
BW Energy Bets $300 Million on Gabon Offshore Oil Growth
BW Energy has approved a final investment decision (FID) for the Bourdon offshore oil field in Gabon, committing $300 million to a project that could help boost production in a country grappling with declining oil output. The Norwegian energy company announced on May 20 that it had sanctioned development of the Bourdon field, located within
Sizekhaya ushers in a new era for the National Lottery
The National Lottery represents possibility Sometimes that possibility is personal: paying off debt, buying a home, helping family or finally starting the business you’ve dreamed about for years. But the lottery also represents something bigger: investment in communities, organisations and causes that improve lives across South Africa. From 1 June, Sizekhaya Holdings will officially
Kenya Court Extends Block on Safaricom Stake Sale to Vodacom
Kenya’s High Court has extended an order suspending the government’s proposed sale of a 15% stake in Safaricom to South African telecommunications giant Vodacom, delaying a transaction that would hand the company effective control of East Africa’s largest telecom operator. A three-judge bench appointed by Chief Justice Martha Koome ruled that conservatory orders issued in
The End of Race-Based Governance? A Landmark High Court Challenge in South Africa
In a move that could reshape the economic and social landscape of post-apartheid South Africa, the Rescue South Africa Civil Rights Alliance (RSACRA) launched a constitutional challenge on 19 May 2026 in the Gauteng Division of the High Court in Pretoria. The case argues that the South African state lacks any lawful mechanism to classify
Farmer Relief Fund Announced by Isuzu
JOHANNESBURG – ISUZU Motors South Africa used its presence at NAMPO 2026 to highlight the impact of the ongoing Foot and Mouth Disease (FMD) outbreak on South Africa’s farming community through its Farmer Solidarity Campaign. The campaign has been launched at NAMPO and will run to 30 May 2026, the campaign centres on the Farmer Stories
Zimbabwe Tightens Lithium Exports Further as Refinery Investments Gather Pace
Zimbabwe is stepping up efforts to move its lithium industry beyond raw mineral exports, with fresh investments in local refining supporting the government’s strategy to capture more value from one of the country’s most important mineral resources. The latest development came on May 19, when Chinese mining company Sinomine Resource announced plans to raise up
Business School – Cultivating Customer Trust in Low-Trust African Economies
In many African markets, trust functions as the ultimate currency, and can be more valuable than capital, technology, or even price, in environments where resources are scarce and cash is tight. Consumers and businesses, scarred by past disappointments ranging from counterfeit goods to unreliable services, approach new offerings with caution. Africa is also a world
Breaking News Today – Thursday 21 May 2026
African Start-up News Headlines: Business News Today Oil From Africa – Future Continental Growth Opportunity The head of one of Nigeria's biggest energy companies, Wale Tinubu has stated in an interview with the BBC that the Strait of Hormuz crisis has accelerated the move away from renewables towards hydrocarbons in Africa, as countries 'realise that
Fuel Import Dispute Between Dangote and Regulators Resurfaces
Dangote Petroleum Refinery has filed a fresh lawsuit against Nigeria’s attorney general in an attempt to challenge fuel import licences issued to fuel marketers and the Nigerian National Petroleum Company (NNPC), according to court documents seen by Reuters. The case marks another escalation in tensions around fuel imports and competition in Nigeria’s downstream oil sector,
Toyota Launches First Fully Electric Vehicle in South Africa
Toyota has officially launched its first fully electric vehicle in South Africa, introducing the bZ4X SUV at a starting price of R1,182,800 as the company expands beyond hybrids in the local market. The move marks a significant shift for Toyota South Africa, which until now focused mainly on hybrid and mild-hybrid vehicles instead of fully
Google Rolls Out Biggest Changes to Search in 25 Years
Google announces major AI upgrades to Search and Gemini at its annual I/O developer conference, introducing new AI agents, coding tools, and expanded AI-driven features as competition with OpenAI, Anthropic, and other AI firms continues to intensify. One of the biggest changes was Google’s effort to turn Search into a more active AI-driven experience instead
Eni Explores Third FLNG Project in Mozambique’s Rovuma Basin
Eni is exploring the possibility of adding a third floating liquefied natural gas (FLNG) platform in Mozambique’s offshore Rovuma basin as the country pushes to expand its position in the global LNG market. The Italian energy company confirmed on Monday that the option is being studied, although it did not provide details on potential timelines,
Breaking News Today – Tuesday 19 May 2026
African Start-up News Headlines: Business News Today Bitcoin Drops to Two-Week Low Yesterday saw Bitcoin prices fall to its lowest level in over than two weeks as a pullback in demand amid turmoil in the Middle East prompted traders to cut back on their holding positions. In a volatile trading day, over $800 million in
Financing Women’s Digital Entrepreneurship in Africa – Closing the Economic Gender Gap
The Boston Consulting Group (BCG) report Financing Women’s Digital Entrepreneurship in Africa, released yesterday (19 May 2026), paints a concerning yet actionable picture of gender dynamics on the continent. The report highlights a recent setback in women’s economic participation while positioning digital entrepreneurship as a promising lifeline, that is, if financing barriers can be overcome.
Shell Advances Libya Oil Field Studies as Global Majors Return
Shell is expected to submit an assessment report on several Libyan oil and gas fields to the National Oil Corporation (NOC) before the end of May, according to Libya Herald, which cited NOC Chairman Masoud Suleiman. The timeline was discussed during a meeting in London involving Shell executives and NOC technical teams. Shell reportedly presented
Elon Musk Loses Lawsuit Against OpenAI
Elon Musk’s legal challenge against OpenAI and Sam Altman has collapsed after a California jury unanimously ruled that the case had been filed too late for the claims to proceed. The lawsuit centred on OpenAI’s shift from its original non-profit structure into a more commercially driven artificial intelligence company. Musk argued that Altman moved away