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Routed to be acquired by global IT solutions provider evoilaAgreement
Cape Town, South Africa – 10 December 2025 – Integrated cloud platform provider Routed is set to be acquired by evoila, a Germany-based IT solutions and strategy organisation. The deal strengthens evoila’s cloud portfolio and supports its expansion into high-growth markets across Africa. Routed, recognised in 2025 for the third consecutive year on the Financial Times Africa’s Fastest Growing Companies
Cameroon Edges Closer to Medusa Africa Cable Connection After MoU Completion
Cameroon has advanced its plan to join the Medusa Africa submarine cable network, a major upgrade to the country’s international connectivity. The memorandum of understanding has been completed and forwarded to the Presidency for sign-off, the final administrative step before the state confirms its participation. The Cameroonian segment is budgeted at 32.8 billion CFA francs
Libya to Award First Oil and Gas Concessions in 18 Years
Libya plans to reveal the companies selected for its new oil and gas concessions between February and March 2026, the National Oil Corporation (NOC) announced on Monday. This will be the country’s first exploration licensing round in 18 years. Scope of the Licensing Round The tender covers about 20 onshore and offshore blocks. Several major
South Africa's Debt Burden – Crises Without a Voice
Despite recent signs of improvement in the overall economy in Africa's largest economy, reality is that South Africa's fiscal landscape is strained, with national government gross debt projected at R6.09 trillion for FY2025/26 (April 2025–March 2026), per the National Treasury's May 2025 Budget Review. This equates to a conventional debt-to-GDP ratio of 77.4%, up from
Breaking News Today – Wednesday 10 December 2025
Business News Today Eskom Signs Deal with Ferro-Chrome Industry South Africa's state power utility, signed a Memorandum of Understanding (MoU) with major ferrochrome producers Samancor Chrome and the Glencore-Merafe Chrome Venture to rescue the beleaguered smelter industry. The sector, vital for stainless steel exports and employing thousands, has faced collapse due to electricity tariffs surging
Are Small African Businesses Moving Toward Flexible Talent Structures?
Flexible talent models have become a defining element of how small African enterprises navigate unpredictable markets. They emerged from necessity an environment marked by erratic demand, inconsistent revenue cycles and the rising cost of maintaining fixed payrolls. Entrepreneurs have learned to assemble teams that expand, contract and reorganize in response to real operational pressures. This
Sasol Opens New Hydrocarbon Plant for Mozambique’s Power
Sasol has opened an integrated hydrocarbon-processing facility in Temane, built to supply natural gas to the 450-MW Temane gas fired power plant. The project strengthens Mozambique’s ability to generate electricity domestically at a time when national demand continues to rise, creating a clearer path for expanding the country’s power capacity. The company says the facility’s
BYD Officially Launches Sealion 5, SA’s Most Accessible Plug In Hybrid
BYD has unveiled the Sealion 5 in South Africa, bringing the country’s most affordable plug-in hybrid electric vehicle to market at R499 900. The new model moves BYD directly into competition with the Toyota Corolla Cross Hybrid and emphasizes the automaker’s drive to expand its footprint in South Africa’s fast-growing hybrid segment. At the Johannesburg
Is the Castel Falling? – African Beverage Major – Non Family "Outsider" Leadership Shift
The Castel Group, founded in 1949 by French entrepreneur Pierre Castel and his siblings in Bordeaux, France, is a privately held multinational beverage conglomerate with annual revenues exceeding €5 billion and employing around 40,000 employees. Initially the company focused on wine trading and production, making it the world's third-largest wine producer. The company expanded into
Breaking News Today – Tuesday 9 December 2025
Business News Today Oil Prices Slide Further Brent crude oil futures traded lower with a -2% drop this morning, at around $62.4 per barrel on after sliding -2% in the previous session, as expectations of a supply glut outweighed geopolitical risks. Investors are now awaiting reports from the IEA and OPEC+, due later this week,
African Tech Innovation Awards 2025 – Winners Announcement
2025 has showcased a massive array of exceptional business and product innovations across the African continent, where Africans are surging ahead with fintech, bio-tech, agri-tech and enviro-tech solutions that are making a difference in communities and industries, and building eco-systems of products and solutions that are answering some of Africa's biggest challenges. As we considered
Askari Metals Secures Funding for Nejo Drilling Program in Ethiopia
Askari Metals Ltd announced on Friday that it has secured A$1.15 million (US$760,000) in commitments from both existing shareholders and new investors to advance work at its newly acquired gold project in Ethiopia. First Phase Drilling Program Ready to Begin The capital injection will fund the company’s initial drilling campaign of 3,000–5,000 metres at the
Why Flexible Capital Will Determine Which SMEs Survive 2026
It is clear that 2025 highlighted a blunt reality: access to practical, adaptable finance stood in the way of thousands of SMEs and entrepreneurs seeking to expand, modernise, or enter new markets. Many operated with ambition, reliable demand, and robust ideas, yet were held hostage by financial structures that were rigid, outdated, and disconnected from
Digital Skills Training as a Pathway for Women in Mining Operations Now
Mining operations are steadily integrating advanced tools ranging from sensor-driven equipment to remote operating platforms creating new entry points for women who were historically excluded from on-site production roles. As control rooms replace manual interfaces and data dashboards guide decision-making, digital skills training has become a practical route for women to build long-term careers across
No Free Lunch Podcast – SME'ing in Africa – What it Takes
As part of our Small Business Appreciation month this December I had an engaging chat with Andre de Wet of Price Check fame in this episode of the "No Free Lunch Podcast". Andre, is a seasoned entrepreneur with extensive experience in building and scaling businesses across emerging markets. The discussion centres around the challenges and
Top cost pressures and growth opportunities for SMEs in 2026
As 2025 draws to a close, South African Small and Medium-sized Enterprises (SMEs) should consider pivoting from crisis management to strategic planning to navigate a landscape dominated by rising operational costs and logistical volatility. SME services provider Lula has highlighted the critical need for proactive financial and operational adjustments to ensure business resilience and protect
Breaking News Today – Monday 8 December 2025
Business News Today SpaceX to Rocket to Record Evaluation SpaceX is reportedly in talks for secondary share sale valued at a $800B valuation, which would make it America’s most valuable private company. According to the Wall Street Journal, SpaceX is launching a secondary share sale that would value Elon Musk’s rocket maker at $800 billion — double
No Free Lunch Podcast – An African Success Story
In this episode of "No Free Lunch," host Greg Stewart delves into the inspiring journey of Azoza, a South African company that emerged from a management buyout of Europe Assist. The discussion features Lynette Mutsekwa and Nelson Soares, the driving forces behind Azoza, who share their experiences and challenges in transforming the company into a
Founder Fridays: LeeConnect
South Africa continues to battle unequal access to higher-education guidance and career information, especially for learners outside major advisory networks. Amid these challenges, education and tech entrepreneur Lindelwa Mahlalela is expanding access through Leeconnect, a step-by-step education guidance platform that helps young people understand university entry requirements, choose qualifying courses, prepare CVs, build interview skills,
THE MINING WRAP
Ivanhoe Mines has begun the heat-up and commissioning phase of its 500,000 tpa direct-to-blister copper smelter at the Kamoa-Kakula Complex. The facility will significantly increase in-country processing capacity, reducing the need for third-party smelters while improving value retention within the DRC’s copper supply chain. Sandvik Technology Unlocks Higher Throughput in GhanaGold operation in Ghana has