valU founder Walid Hassouna tops $174m African startup funding in January 2026
African startups raised $174 million in January, extending a fourth year trend of tighter funding as investors concentrate capital on fewer, larger deals.
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Banking tycoon Lesetja Kganyago warns stablecoins could threaten currency stability in South Africa
Lesetja Kganyago has warned that the growing use of stablecoins could threaten currency stability in South Africa, citing regulatory gaps and rising global economic uncertainty
Serena Williams fuels comeback buzz after practice session with Alycia Parks
Serena Williams is once again at the center of comeback talk after Alycia Parks revealed they recently practiced together and praised the tennis legend’s fitness.
Michael Jordan opens fourth North Carolina clinic for uninsured patients
Michael Jordan has opened a fourth health clinic in North Carolina, expanding free primary care access for uninsured residents through his partnership with Novant Health.
South African tycoon Senzo Tsabedze's Afrirent acquires bus manufacturer Busmark 2000
Afrirent founder Senzo Tsabedze is set to buy Busmark, pulling the Randfontein bus maker out of business rescue and into a wider logistics group.
Nigerian billionaire Arthur Eze suffers another loss as Chevron cuts ties with Atlas in Equatorial Guinea
Arthur Eze’s Atlas Petroleum lost its Block I stake after payment disputes with Chevron, as Equatorial Guinea moves to secure gas development.
Ghanaian businessman Dr Ernest Sampong hailed as Ernest Chemists marks four decades of leadership
Ghana’s government has praised Dr Ernest Sampong’s four decades of leadership as Ernest Chemists celebrates its role in strengthening local pharmaceutical manufacturing.
South African investment manager Thato Ntseare warns of AI bubble risk
E Squared’s Thato Ntseare says AI hype is inflating valuations, and South Africa needs guardrails before an investment bubble bursts.
South Africa's richest man might be looking to sell luxury watchmaker Jaeger LeCoultre
Sale talk is swirling around Jaeger LeCoultre, and Rupert controlled Richemont is under pressure to prove its watch strategy after a brand disposal.
Naspers flags R32bn in asset sales as CEO Bloisi shifts focus from big buys to sharper performance
Naspers plans to sell over R32bn in non core assets as CEO Fabricio Bloisi pauses major acquisitions and pushes profits across e commerce.
Saki Macozoma’s Safika Holdings to pocket about R4.4bn in Exxaro’s manganese buyout
Ntsimbintle will distribute proceeds from Exxaro’s manganese buyout, with Macozoma-linked Safika positioned for roughly R4.4bn before taxes and final adjustments.
South African arms billionaire Ivor Ichikowitz targets Ukraine with new OWL armoured vehicle
Paramount founder Ivor Ichikowitz is pushing into Ukraine’s armoured vehicle market, touting the OWL and leaning on European partnerships.
Kenyan billionaire Manu Chandaria donates $150,000 to new student innovation hub
Industrialist and philanthropist Manu Chandaria, through the Chandaria Foundation, has partnered with KCA University on a Sh20 million incubation and innovation centre in Nairobi.
Court orders arrest of Kenyan tycoon Pius Ngugi over $32,000 legal fees
A Nairobi court issued an arrest warrant for tycoon Pius Ngugi over Sh4.19 million in legal fees after a bid to stop execution failed.
Zak Calisto’s Karooooo makes Singapore fast growth list as Cartrack scales globally
Karooooo, led by Zak Calisto, earned a spot on Singapore’s 2026 fast growth list as Cartrack’s fleet platform expands across markets.
South African businesswoman Gloria Serobe’s Wiphold and PIC acquire Zaad seed group for $87 million
Wiphold and the PIC are buying Zaad Group for R1.4bn, betting better seeds and crop protection can help shore up food supply.