The developers behind the R4.6-billion multi-purpose complex in Cape Town set to house Amazon’s new African headquarters scored a major court win on Tuesday. The Supreme Court of Appeal dismissed …
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Too early to speculate on Ghana’s debt restructuring, says IMF
The International Monetary Fund (IMF) has cooled speculations that Ghana is poised to start talks on the restructuring of its debt as part of plans to secure a $3 billion …
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AfricaBuildingEconomyEgyptNewsNorth AfricaNorthern AfricaTechnology
Egypt targets digital exports of $5.5B in 2022/23
Egypt aims to raise its digital exports during the current fiscal year 2022/2023 to $5.5 billion, with an annual increase of 13 percent, according to Reuters. The Assistant Minister of …
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Apple begins manufacturing iPhone 14 in India three weeks after launch
Apple has begun manufacturing its new iPhone 14 in India, narrowing a technology gap with the device’s main manufacturing base of China. Apple made the announcement on Monday, less than …
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Earlier this week, Mr Price ran a competition giving away nine non-fungible tokens (NFTs) to its Instagram followers Dubbed “NF-Tees”, the collection features a strange-looking animated character doing dance moves …
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Carbon-neutral online shopping startup Curbon launches in South Africa
With a goal to curb carbon emissions, South African startup Curbon, will make carbon-neutral online shopping possible through the launch of the country’s very first plugin created to help fight climate …
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South Africa’s GDP shrinks as load shedding continues to hurt the economy
After a surprise growth in the first quarter of the year, South Africa’s gross domestic product (GDP) decreased by 0.7% in the second quarter of 2022, Statistics South Africa reported …
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Nigeria, Binance in early-stage talks for the first virtual free zone in west Africa
The Nigeria Export Processing Zones Authority (NEPZA) is in discussions with crypto exchange Binance and technology infrastructure company Talent City to create a digital city, referred to as a “Virtual …
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Cashbuild exits Zambian market over tough trading condition
Cashbuild, the largest retailer of building materials and associated products operating in South Africa, Namibia, Lesotho, Botswana, Swaziland, Malawi, and Zambia is closing its two underperforming stores in Zambia, over …
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The elevation of Kenya to the middle-income status saw China lock the country out of a new list of African nations that will receive a Beijing debt relief this year, …