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Breaking News Today – Wednesday 6 May 2026
African Start-up News Headlines: Business News Today Gender Equality Report Reveals Top Performers in West African States An announcement yesterday indicates that Côte d’Ivoire ranks first on gender equality in the Economic Community of West African States (ECOWAS), with a score of 0.708, above the regional average of 0.640. The ECOWAS Gender Equality Index(GEI) report,
NTT DATA Launches Multivendor Agentic Infrastructure Service
Global technology services provider NTT DATA has introduced a new capability aimed at changing how enterprises run their IT environments. The Software Defined Infrastructure (SDI) Services Agent signals a move away from slow, maintenance-heavy systems toward infrastructure that actively contributes to business performance. Announced in London on April 28, 2026, the SDI Services Agent is
Is Gradual Compliance Enough for Informal African Small Businesses?
Informal African markets make up a big part of how small startups begin, and one thing stands out business moves fast. The Norm is Most of it happens with no formal transaction. Goods do not stay idle around for long, and prices are worked out right there on the spot. There’s no time to slow
A Closer Look at Lepas and Its Place in the Market
A new name has begun to surface in South Africa’s automotive space: Lepas. Marketed as an “all-new” brand, it enters at a time when the local SUV segment is already saturated with options across multiple price points. While the branding is fresh, Lepas is not entirely independent it is part of the broader strategy of Chery,
Uganda adopts first new oil policy since 2008 as production approaches
Uganda has introduced a new national oil policy for the first time in more than a decade. The Development comes as the country draws closer to commercial production. The Ministry of Energy presented the 2025 National Oil Policy on April 28 at the 11th Oil and Gas Convention in Kampala. Officials finalised the framework in
Breaking News Today – Tuesday 5 May 2026
African Start-up News Headlines: Business News Today Business Liquidation Growth in South Africa a Concern Liquidations in South Africa saw a consecutive month lift in March 2026, growing by 8% month-on-month, following a 40% surge in February. According to the latest liquidation statistics from Stats SA, the country recorded 146 liquidations in March, up from
Will AI redefine The World of Work? – Insights from SAP HR Connect
At the recent SAP HR Connect Summit in Johannesburg, SAP’s Megan Fife unpacked useful stats around AI adoption and sentiment. “Lots of companies making very quick decisions to get rid of an entire area of their workforce only to just hire them back a few months later because they realised they weren't ready for it”,
Sea Monster Expands Global Impact in Entrepreneurship Education with King’s Trust International
Launched in 2011, Sea Monster uses gaming as an instrument for change. Over the past 15 years, with more than R16 million investment from growth funding partner Edge Growth across multiple funds, they have made serious waves, and their achievements stand as a source of immense pride. Sea Monster is a South African impact games
Nigerian Startup Cybervergent Releases New Version, Enters Three Markets
Nigeria’s Cybervergent has released an upgraded version of its platform while expanding its presence into Kenya, Ghana, and South Africa. The Lagos-based company operates an AI-native posture management platform focused on helping organisations manage what it calls “digital trust.” It brings together compliance, risk, audit, and data security into a single system, giving companies a
ABSA PMI Rebounds to Expansion in April 2026: A Promising Start or Temporary Relief?
The Absa Purchasing Managers’ Index (PMI) for April 2026 delivered a significant positive surprise, rising to 52.6 from 49.0 in March. This marks the first time the index has entered expansionary territory (above the neutral 50-point level) since September 2025. The 3.6-point jump, is a positive indicator that South Africa’s manufacturing sector has made a
South Sudan Ends Oranto’s Block B3 Contract Over Missed Commitments
Oranto was awarded block B3 in 2017 as part of South Sudan’s broader push to increase domestic oil production. The block is one of the country’s largest and was seen as a major opportunity to attract investment and support economic recovery. Early assessments pointed to strong hydrocarbon potential, raising expectations for rapid development. However, those
Startup Mondays : Setting realistic startup goals
A critical mistake many founders make in the early stages is setting overly ambitious goals without first understanding what is realistically achievable. It’s easy to get excited and think big, but without clear benchmarks for progress, this drive can lead to burnout, disappointment, or wasted resources. Setting realistic goals isn’t just about aiming lower, it’s
Breaking News Today – Monday 4 May 2026
African Start-up News Headlines: Business News Today Crude Oil Prices on Downward Trend As Opec Set to Increase Output Brent crude futures traded just below $107 per barrel this morning after sliding for two straight sessions, as US President Donald Trump said Washington would move to “free” stranded cargo ships stuck in the Strait of
Founder Fridays: MILLI
When you speak to Dario Eugenio, founder of MILLI, one thing becomes clear his work is driven by a focus on access and a belief that funding should not be limited to those who already understand the system. His approach is shaped by a simple observation: people have ideas and ambition, but many do not
THE MINING WRAP
Mining software startup AllWage is currently expanding into the mining and construction sectors, offering digital tools to manage wages, workforce data, and on-site operations. The platform is being developed for labour-intensive environments, supporting structured workforce management and improving visibility across distributed operations. Glencore Copper Output Rises 19% on Congo Performance Glencore has reported a 19%
What Inventory Decisions Mean for Early-Stage Startup Performance
Early-stage small business startups blame money shortfalls on slow sales, but that diagnosis is usually wrong. The real problem sits between procurement and delivery, where stock is purchased upfront, held too long, and sold too late. During that time, storage, handling, and discounting eat into margin, so by the time the product reaches the customer,
Botswana Tech Fund Launches to Back Regional Startups
The Botswana Tech Fund (BTF) has launched to support technology startups across Southern Africa, targeting US$64 million in total commitments. It will invest across multiple stages, from pre-seed to growth, with a focus on businesses that can scale within the Southern African Development Community (SADC). Investment Structure and Focus In its first phase, BTF will
Open-Source Power Moves – Free Alternatives Every African Founder Should Consider
Many African startups are bleeding cash on USD-priced SaaS subscriptions. With the rand, naira, and other currencies under pressure, a single tool like Canva Pro, Slack, or QuickBooks can cost a founder the equivalent of a junior employee’s monthly salary. The good news? A growing number of battle-tested, completely free open-source alternatives now deliver 80–90%
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