African domestic capital pools now exceed external capital inflows

The ten years from 2014 to 2024 saw a hugely important turning point for Africa, infrastructure and industrial development finance institution Africa Finance Corporation (AFC) has highlighted, in... 

UK development finance agency has unveiled its new strategy

UK development finance institution, British International Investment, has released its new five-year strategy. This has been developed to meet the challenges posed by a changing world, including... 

Airbus Space to provide imagery and analysis for global coffee industry mapping project

Airbus Defence and Space has announced that it has been selected as the technical partner in the international Coffee Canopy Partnership. Backed by the UN Food and Agriculture Organisation and the... 

South African Auctioneer of the Year competition set for early June

The 2026 Battle of the Auctioneers will take place on June 8, the South African Institute of Auctioneers (SAIA) has announced. Formally called the SAIA National Auction Championship, it will take... 

Africa Finance Corporation obtains major facility from India Exim Bank

Pragmatic continental and industrial development finance institution, the Africa Finance Corporation (AFC), announced on Monday that it had strengthened its well-established relationship with the... 

LPG is Africa’s fastest option for clean energy access – Sahara Group

Nigerian energy multinational Sahara Group believes that liquefied petroleum gas (LPG) is Africa’s most immediately available and scalable option for secure and reliable energy that is also clean.... 

UK FinTech making Cape Town its number two tech hub

Western Cape trade, tourism and investment agency Wesgro has highlighted that UK-based FinTech enterprise, the ClearScore Group, has decided to make Cape Town its second major tech hub outside of... 

Necsa SMR briefing attracts 54 potential partners

The South African Nuclear Energy Corporation (Necsa) held, on Thursday, a compulsory briefing for suppliers interested in its expression of interest (EoI) regarding small modular reactors (SMRs).... 

AfDB enters into MoU with the European Stability Mechanism

The African Development Bank (AfDB) on Thursday signed a memorandum of understanding (MoU) with the European Stability Mechanism (ESM). The ESM assured the financial stability of the euro currency... 

Stellenbosch and Coventry universities celebrate a decade of successful partnership

South Africa’s Stellenbosch University and the UK’s Coventry University have celebrated the tenth anniversary of their partnership and collaboration. The crowning element of this relationship was... 

Africa urged to seize opportunity to increase its refining capacity

Current conflicts have been a reminder of the fragility of global energy networks, with 30% of the world's supply of oil and gas now shut down due to the disruption of shipping through the Strait... 

African development needs greater refining capacity

African industrialisation needs secure energy supply chains. So highlighted African Refiners and Distributors Association (ARDA) executive secretary Anibor Kragha in a concise address to the 2026... 

Africa needs to add value to its resources

Exporting raw materials and then importing finished products is bad for Africa. So affirmed former Nigerian President Olusegun Obasanjo in a concise video address to the 2026 African Refiners and... 

Heineken launches a beer voucher scheme for South Africans travelling to Europe

Global beer giant Heineken has instituted what it calls a Bar de Change at Johannesburg’s OR Tambo International Airport, to benefit beer-loving South Africans travelling to Europe. Because of the... 

Global environmental fund receives nearly $4bn in pledges

Multilateral environmental fund, the Global Environment Facility (GEF), has received initial pledges from donor countries totalling $3.9-billion during its ninth replenishment cycle. The world’s... 

UK-supported Ghanaian development funder gains two new investors

Leading Ghanaian private pensions provider Axis Pension Trustees (Axis), and Norwegian development finance institution (DFI) Norfund have become the latest investors in Ghana-based investment... 

Post-war recovery of Middle Eastern oil and gas fields could take months

Edinburgh, Scotland-based global energy and natural resources analytics, insights and proprietary data company Wood Mackenzie has warned that it would be months, after a ceasefire was achieved in... 

African Energy Chamber seeks to join African Court proceeding regarding climate change

The African Energy Chamber (AEC) has applied to become an amicus curiae (friend of the court) in an advisory proceeding which is currently before the African Court on Human and Peoples’ Rights. The... 

AU Assembly calls for African countries to adopt a new map projection

The thirty-ninth Ordinary Session of the Assembly of the African Union (AU) has voted to adopt the Equal Earth projection for maps, on the grounds that it is a more fair and proportionate method of... 

Wits’ African philanthropy, social investment centre celebrates its first decade

Wits Business School’s (WBS’) Centre on African Philanthropy and Social Investment (CAPSI) is this year celebrating its tenth anniversary. WBS, in turn, is the graduate school of business of the... 

SA has potential to be real player in the battery energy storage system market

South Africa has the potential to develop at least one, and maybe as many as three, internationally competitive gigafactories for the manufacture of lithium iron phosphate (LFP) battery cells. This... 

Artemis II crewed Moon mission successfully launched

The first crewed mission to the Moon in more than 50 years, the US National Aeronautics and Space Administration’s (Nasa’s) Artemis II, successfully launched at 00:35 Thursday, South African time.... 

SA has potential to be real player in the battery energy storage system market

South Africa has the potential to develop at least one, and maybe as many as three, internationally competitive gigafactories for the manufacture of lithium iron phosphate (LFP) battery cells. This... 

IATA reports that air passenger traffic saw a strong increase in February

Global total air passenger traffic grew by 6.1%, year-on-year, in February, the International Air Transport Association (IATA) has reported. (IATA is the global representative body for the airline... 

Necsa launches an expression of interest into Small Modular Reactor technologies

The South African Nuclear Energy Corporation (Necsa) issued, on Tuesday, an expression of interest (EoI), to invite technology providers, organisations and consortia, with the appropriate... 

Global air cargo demand grew strongly in February, reports IATA

The global representative body for the airline industry, the International Air Transport Association (IATA), has reported that global total air cargo demand rose by 11.2%, year-on-year, in... 

Airbus drone-intercepting drone successfully demonstrated

Airbus Defence and Space has announced that its prototype drone-intercepting Bird-of-Prey reusable uncrewed air vehicle (UAV) had successfully intercepted and engaged a medium-sized one-way attack... 

South African food inflation fell in February

South African food and non-alcoholic beverage (NAB) inflation (hereafter to be referred to as food inflation, for short) declined in February, the Bureau for Food and Agricultural Policy (BFAP)... 

Extreme heat is rapidly becoming a major risk in Southern Africa

Across the countries of the Southern African Development Community (SADC), extreme heat is rapidly increasing and becoming the most urgent climate and health risk across the region. This is the... 

OPEC Fund authorises financing for development projects in four African countries

The OPEC Fund for International Development has approved $290.2-million in financing to support development in four African countries. The decision was taken at the 195th meeting of the OPEC Fund... 

Global low-carbon hydrogen production is growing, but still constrained 

The global total of low-carbon hydrogen production capacity has grown significantly over the past few years, but the sector remains constrained because of uncertain demand and limited investment.... 

EV charging station developer objecting to Sanral's proposed policy changes

The developer of a South African nationwide network of solar-powered offgrid electric vehicle (EV) charging stations, Zero Carbon Charge (CHARGE), has formally objected to the South African... 

AMD celebrates three-and-a-half decades of effort

The South African Aerospace, Maritime and Defence Industry Association (AMD) is celebrating its thirty-fifth anniversary. It is recognised as the only trade association for the South African... 

The Northern Cape is highlighting the many opportunities it offers investors

A high-ranking delegation from the Northern Cape provincial government recently highlighted investment opportunities in the province. The delegation was led by Premier Dr Zamani Saul, and included... 

South African medical technology innovation sees successful maiden use in the US

University of Cape Town- (UCT-) based South African medical technology company Strait Access Technologies (SAT) reported on Monday that its CenterFlow balloon dilation catheter had been used in... 

Ramokgopa on Africa’s energy future amid global upheaval

South African Electriciity and Energy Minister Dr Kgosientsho Ramokgopa has highlighted the current global upheavals and what they mean for African energy in his welcoming address at Africa Energy... 

IATA forecasts air travel demand doubling by 2050, with Africa leading the way

The International Air Transport Association (IATA), which is the global representative body for the airline industry, has predicted that global air passenger demand will increase by more than 100%... 

Denel assures it is on the road to recovery

The executive and the board of State-owned defence industrial group Denel have assured that the company is adopting proper and sound business practices. They did so in a press release on Wednesday.... 

Parliamentary Committee concerned over lack of communications between defence industry and government

The absence of a direct line of communication between government and the national defence industry has been flagged as a matter of concern by Parliament’s Joint Standing Committee on Defence... 

Joint UK and South Africa team applying AI and digital technologies to astronomy

An Anglo-South African project is employing AI and digital technologies to automate optical and infrared telescopes and make them “smarter”, that is, able to monitor themselves, immediately process...