Author: Elan
Funda ngesiZuluBy Anita Dangazele Police and soldiers arrested more than 70 suspects, including seven women, during a raid at Bundu Inn in Mohlakeng. Officers seized more than 20 generators and over 100 bags of gold-bearing material, and the operation was still under way. More than 70 suspects, including seven women, were arrested during a raid at Bundu Inn in Mohlakeng, West Rand, on Friday, 10 July. Police and soldiers, working together under Operation Prosper, impounded two vehicles, seized more than 20 generators, and confiscated over 100 bags of gold-bearing material. Police say the operation was still under way and the…
The Pan-African Payment and Settlement System (PAPSS) has added its most significant member yet. The Bank of Central African States (BEAC), the regional central bank serving six countries in Central Africa, officially joined the network today, bringing the number of African countries connected via PAPSS to 28. The move is more consequential than most central bank announcements. BEAC is one of only two regional central banks on the African continent, meaning that when it joins a payment network, it does not represent a single country. It represents six: Cameroon, the Central African Republic, the Republic of Congo, Gabon, Equatorial Guinea,…
Salam, Victoria from Techpoint here, Here’s what I’ve got for you today: PwC begins sale of KOKO Network’s assets Canal+ faces fresh allegations over MultiChoice restructuring Djamo wants $40 million in Series C to conquer Francophone Africa PwC begins sale of KOKO Network’s assets Koko Networks One of Kenya’s biggest climate tech success stories is officially looking for a new owner. KOKO Networks, the clean cooking startup that once supplied bioethanol to more than 1.5 million households, has put its business up for sale after collapsing earlier this year. PricewaterhouseCoopers (PwC), acting as administrator and liquidator, has invited potential buyers…
Joe Maring / Android AuthorityTL;DR Google TV Streamer (4K) owners say that they’re having trouble keeping their remotes connected. Some users claim the issue was caused by a bug in a recent firmware update, while others say it’s a hardware problem. Removing the batteries and putting them back in appears to reconnect the device. Recently, Chromecast with Google TV users have been dealing with an annoying problem causing their remotes to disconnect. Interestingly, a number of Google TV Streamer (4K) users are now experiencing a similar issue. And it’s unclear whether the problem is a software bug or a hardware…
health crisis The number of cases in the first six weeks has been double that of the deadly 2013-2016 outbreak as the disease continues to rage in DRC. By AFP Officials from the Ituri Provincial Health Division (DPS), humanitarian partners and health sector representatives undergo temperature screening and handwashing before entering the Ebola treatment centre of Rwampara General Reference Hospital in Rwampara, Ituri Province, Democratic Republic of Congo, on 12 June, 2026. © Jospin Mwisha / AFP Published on July 09, 2026 at 16:25 pm (GMT +1) The Ebola outbreak in Democratic Republic of Congo (DRC) is the “fastest growing”…
Listen to this article Tokyo is redefining its engagement with Africa, transitioning from traditional aid-based approaches to strategic venture capital (VC) investments focused on long-term partnerships, innovation and capacity building. Several Japanese private companies are making Japan’s presence felt in Africa’s VC landscape, particularly in high-growth sectors such as fintech, climate tech and mobility. Growing demand for innovative, technology-driven solutions in Africa has drawn increasing interest from international investors. VC funding in Africa rose from over US$2 billion in 2019 to a peak of US$5.2 billion in 2022. Though investment declined to around US$3.6 billion in 2023, the continent’s start-up…
Fifteen African technology startups have been selected by investment firm Renew Capital to develop financial services for millions of small businesses that remain beyond the reach of traditional banks, highlighting a growing shift in how credit and banking services are being delivered across the continent. The startups emerged from more than 500 applicants across 48 African countries in Renew Capital’s inaugural Venture Lab: Embedded Finance (EmFi) Series, an accelerator that targets companies already serving small and medium-sized enterprises (SMEs) through digital platforms. The selected startups are expected to integrate financial products such as loans, payments, insurance and working capital directly…
Nigeria makes it easier for businesses and citizens to supply power – African Business Nigeria makes it easier for businesses and citizens to supply power – African Business
$56 billion. That was the amount that flowed into Sub-Saharan Africa as remittances in 2024, according to World Bank estimates. Yet, moving money across Africa still often means routing payments through correspondent banks, delays, foreign exchange (FX) costs, and fees that can reach double digits. Ryan Kirkley, co-founder and chief executive officer of Global Settlement Network (GSX), a US-based blockchain infrastructure company, believes those inefficiencies are creating an opening for a new generation of financial infrastructure built on blockchain. “Some African economies already run on stablecoin rails,” Kirkley told TechCabal in an interview in May. “The question now is whether…
Kelvin Obasuyi says his mother used to tell him that there is dignity in labour. It is a piece of advice that has guided him through years of work that rarely looked dignified from the outside: a chocolate popcorn business that folded within a year, selling varsity jackets, and freelance data analysis for anyone willing to pay. “I was [doing] anything I could do for money,” he says. Years later, as an entrepreneur, his mother’s words stopped being about his own survival and became about everyone else’s. “People [who] work for me are depending on the business to feed families,”…