IFC has announced a partnership with Illovo Sugar Malawi that will reduce the company’s water and energy consumption and cost of production, while supporting and creating thousands of jobs for farmers and others along the agriculture supply chain. Under the partnership, IFC will provide an innovative, local-currency-linked loan facility to Illovo Sugar Malawi of $36
South Africa’s retail sector, one of the country’s largest employers and worth R1.7 trillion, is at a critical turning point. Long treated as an entry-level gateway rather than a professional career, the industry is now confronting the reality that its future competitiveness depends on a skilled, credentialed workforce capable of keeping pace with technological disruption and changing
Press release: DisrupTech Ventures, a leading early-stage fintech venture capital fund, announces its investment in Chari, a Y Combinator–backed startup that is transforming Morocco’s retail sector into a nationwide fintech network. This marks DisrupTech’s first investment in Morocco and its second in Africa outside of Egypt, underscoring the fund’s growing commitment to supporting fintech innovation
The Government of Lesotho and the Food and Agriculture Organization of the United Nations (FAO), in partnership with the Potato Lesotho Association, are scaling up potato production to strengthen food security, enhance rural livelihoods, and build climate resilience. Under the One Country One Priority Product (OCOP) initiative, potatoes have emerged as a strategic agricultural commodity,
Cassava Technologies, the global digital services company founded by Zimbabwean entrepreneur Strive Masiyiwa, has launched Cassava AI Multi-Model Exchange (CAIMEx), a platform designed to give mobile network operators (MNOs) across Africa access to multiple AI systems through a single interface. According to a press release, CAIMEx is the first platform on the continent to aggregate models from providers
Johannesburg, South Africa: The Food and Agriculture Organization of the United Nations (FAO), in partnership with the Government of Mozambique and the European Union, is supporting smallholder farmers to transition from subsistence farming to inclusive agribusiness through the PROMOVE Agribiz programme. Implemented in Nampula and Zambézia provinces, the initiative strengthens rural resilience and food security by
Vodacom Group has announced an agreement with Starlink, the world’s largest satellite broadband provider, to deliver high-speed, low-latency internet services to millions of businesses and communities across Africa. The partnership represents a major stride toward bridging the continent’s digital divide and unlocking new opportunities for economic growth, education, and innovation. Transformative Impact Strategic Vision The agreement supports
The Foschini Group (TFG) today reported steady sales growth and a measured response to aprolonged period of difficult trading across all regions.Group revenue for the six months ended 30 September 2025 increased by 12,2% to R31,4 billion,supported by the inclusion of White Stuff in the UK and growth in TFG Africa. Online sales rose55,3%, now
Customers can look forward to a world-class shopping experience with the opening of a brand-new Checkers supermarket at La Lucia Mall in November 2025. Spanning approximately 3 000sqm, the new store will showcase the Checkers FreshX concept – a modern, easy-to-navigate design paired with an elevated range of products and services. With greater choice, convenience and everyday
Following the earlier announcement of its US$7 million investment into local manufacturing, Nestlé Zimbabwe is reaffirming its commitment to Zimbabwean families by showcasing the growing impact of its flagship breakfast cereal, CEREVITA. Rooted in Nestlé’s purpose, to unlock the power of food to enhance quality of life for everyone, today and for generations to come,
Vivo Energy Botswana and Pick n Pay have partnered to launch a new era of convenience retail with the country’s first Pick n Pay Go store, offering customers quality products and services from two leading names in fuel and retail. Designed for on-the-go shopping 24 hours a day, Pick n Pay GO stores offer a
From Pilot to Practice: Farm-proven Solutions Aim to Open Doors for Young Women in Agriculture On Africa Youth Day (1 November), Nestlé, in partnership with Farming in Heels, highlighted the critical role of young women in agriculture and the opportunities for youth to shape the continent’s agricultural future. This collaborative initiative underscores Nestlé’s longstanding commitment to
As South Africa’s payments landscape evolves, integrating informal and co-operative banking institutions into the formal financial system remains a critical barrier to inclusive economic growth. MoData, a payments technology enabler with deep roots in cash and digital payments infrastructure, offers scalable solutions, strategic consulting and ecosystem engagement, which can help bring key stakeholders like co-operative
South African fintech startup PayJustNow has gone live on Takealot ahead of Black Friday on November 28. The integration lets Takealot shoppers split purchases into installments, aligning flexible payments with a peak retail moment. Both companies frame the move as consumer friendly at a time of tighter household budgets. Pioneering BNPL in South Africa Founded
One of South Africa’s fastest-growing lifestyle nutrition brands has just made the leap from niche online disruptor to national supermarket shelves. METALAB, previously available only via the supplier’s website, has launched its high-quality protein powders in 80 Checkers stores and 21 Medirite Plus pharmacies nationwide, and available for delivery via Sixty60 – making high-quality protein more accessible than ever
SOUTH AFRICA – Agrofi Egg is fast becoming one of South Africa’s most promising agribusinesses, combining modern poultry farming with vegetable and herb production to strengthen food security and create jobs. Based in the Western Cape, the company continues to gain ground with a model centered on sustainability and community impact. Founder and CEO Desmond
SENEGAL – Senegal has approved 7.3 billion CFA francs (about US$12.8 million), to support its potato seed subsidy program for the 2025/2026 horticultural season. The announcement came through a press release issued by the Ministry of Agriculture on Monday, November 10, during the official launch of the campaign. The Ministry stated that the fund will
Fresh insights spotlight rural adoption, digital inclusion, and Jumia’s role in powering Nigeria’s ecommerce evolution as the brand gears up for its biggest annual shopping event, Black Friday 2025. Jumia, Nigeria’s leading e-commerce platform, has launched the second edition of its flagship “ECommerce in Rural Areas” report, revealing how digital commerce continues to transform lives
Tolaram Pte. Ltd. (“Tolaram”) today announced the signing of a Memorandum of Understanding (MoU) with Toyota Tsusho Corporation (“Toyota Tsusho”) to explore a strategic partnership focused on Africa’s consumer and infrastructure sectors. Tolaram, with nearly five decades of presence in Africa, has significant investments in the manufacture and distribution of consumer goods as well as
YOOBIC selected from competitive field by the Shoprite Group, one of the world’s largest grocery chains, to transform store operations and communication for its employees. YOOBIC, the AI-powered frontline employee experience platform, today announced that Africa’s largest retailer, Shoprite Group, is actively rolling out YOOBIC’s digital workplace platform across its extensive network of more than
ATLANTA & ZUG, Switzerland–(BUSINESS WIRE)–The Coca-Cola Company and Gutsche Family Investments have agreed to sell a 75% controlling interest in Coca-Cola Beverages Africa Pty. Ltd. to Coca-Cola HBC AG, the companies announced today. CCBA is the largest Coca-Cola bottler in Africa. It operates in 14 countries on the continent and accounts for about 40% of
SPAYZ.io, a leading provider of innovative payment solutions, is entering three new African markets – South Africa, Egypt and Cameroon. The move is part of fintech’s ongoing vision to transform digital commerce in Africa’s emerging markets by offering tailored local payment solutions. SPAYZ.io has been actively assessing countries in the region as part of
Checkers continues to expand its footprint in Cape Town’s southern suburbs, with its long-awaited supermarket opening in Cavendish Square last week. The store offers a wide range of in-store departments including a meat market with free-range chicken and restaurant-quality steak, hot & cold foods deli, bakery with artisan breads, the freshest fruit & vegetables, Money Market
Pick n Pay today announced its interim results for the 26 weeks ended 31 August 2025 (H1 FY26), reflecting steady progress on its turnaround. The Group’s core Pick n Pay supermarket segment continued its recovery journey, while Boxer delivered outstanding results, achieving a market-leading 13.9% turnover growth, further cementing its position as South Africa’s leading
Boxer has officially opened its newest and seventh Distribution Centre (DC) in Tongaat, KwaZulu-Natal, marking another major step forward in the company’s fast-growing national supply chain network. Co-owned 50/50 with long-standing property development partners JT Ross Property Group, the 32,000 square metre Boxer Tongaat DC stands as a testament to strategic collaboration, operational excellence, and
ivo Energy Uganda, the company that distributes and markets Shell-branded fuels and lubricants, will conduct a three-day strategic visit to the Albertine Graben oil and gas operation areas from 21st–23rd October 2025. Led by Managing Director, Mrs. Joanita Mukasa Menya, who also serves as the Chairperson of Sustainable Energies and Petroleum Association of Uganda (SEPA-U), the
58 Years, 320 Parties, 10 000 Sparks of Joy – Spur’s Big Birthday Bash Johannesburg, South Africa – On 22 October 2025, South Africa will celebrate not just the 58th birthday of Spur, but a remarkable and heartwarming national movement dedicated to spreading joy far and wide. For nearly six decades, Spur has been synonymous
Clicks Group delivered a strong trading and operational performance in a constrained trading environment for the year ended August 2025, driven by expanding margins, disciplined cost management and robust cash generation. Diluted headline earnings per share increased by 14.1% and the group achieved an industry-leading return on equity of 49.2%. Group turnover increased by 5.3%
What if the biggest barrier to South Africa’s future success isn’t in the classroom or the workplace, but in the kitchen? This World Food Day (16 October) and National Nutrition Week (9–15 October), we are reminded that food is not only about filling stomachs, it’s about building stronger bodies, sharper minds, and more resilient communities.
Johannesburg – JSE-listed consumer packaged goods company Premier Group (“Premier”) has announced plans to acquire food producer RFG Holdings through a share swap that will see RFG shareholders collectively owning approximately 22.5% of the enlarged Premier Group. RFG shareholders will be offered one Premier share for every seven RFG shares held. This represents a premium
A positive picture is emerging: Agricultural exports have had a bumper year and with stronger ties to the EU, UK, China and Africa – export regions far more dominant than the US – there are plenty of opportunities ripe for the taking. So believes Sean Walsh, CEO of KAL Group, who separates the facts from
Seekr has entered an agreement with MTN Digital Infrastructure, commercially known as Bayobab, to integrate its AI capabilities into MTN’s Data Centre ecosystem, and bring AI-powered applications to MTN’s 300 million subscribers in 19 markets. The partnership is focused on opportunities to enable digital governance, citizen engagement, and public safety in the public sector, while unlocking
Johannesburg – DHL Group (“DHL”) today announced a €300+ million planned investment in Sub-Saharan Africa (SSA), reaffirming its long-term commitment to a region of growing strategic importance in global trade. The multi-year initiative will be deployed across DHL Express, DHL Global Forwarding, and DHL Supply Chain to expand infrastructure, enhance service capabilities, and unlock opportunities for
Redefine Properties is investing R70 million into the redevelopment of Park Meadows Shopping Centre in the East Rand, which will add more choice and make visits easier for the community. New retailers are joining the line-up and access improvements are under way, reinforcing Park Meadows as a convenient, everyday destination. By enhancing convenience, refreshing facilities,
India’s Natco Pharma will acquire significant stakes in 135-year-old South African pharmaceutical giant Adcock Ingram. The R 4.2-billion deal will see Adcock Ingram becoming a privately-held entity co-owned by Natco and Bidvest, which will remain the majority shareholder in the group. A meeting of shareholders of Adcock Ingram approved Natco’s proposal to acquire all the
Boxer has officially opened its newest and seventh Distribution Centre (DC) in Tongaat, KwaZulu-Natal, marking another major step forward in the company’s fast-growing national supply chain network. Co-owned 50/50 with long-standing property development partners JT Ross Property Group, the 32,000 square metre Boxer Tongaat DC stands as a testament to strategic collaboration, operational excellence, and
Global Settlement Network (GSX), the leader in blockchain infrastructure, has partnered with Diacente Group, developer of Uganda’s Karamoja Green Industrial and Special Economic Zone (GISEZ), to launch the world’s most advanced tokenized economy. Backed by $5.5 billion in real-world infrastructure, the partnership will digitize value flows across key sectors, building an open, inclusive, and efficient economic engine
Backed by over 30 years of speed and innovation, AutoTrader South Africa will unveil cutting-edge AI technology designed to empower dealerships, enhance performance, and make life easier for car-buying consumers. For over three decades, AutoTrader has shaped the way vehicles are bought and sold in South Africa. What began in 1992 as a 24-page print magazine connecting
Algiers, Algeria –African Export-Import Bank (Afreximbank) is promoting uptake of factoring, an innovative supply chain financing tool that allows Small and Medium-sized Enterprises (SMEs) to sell their unpaid invoices to immediately access working capital, in Africa. On the sidelines of the recently concluded Intra-African Trade Fair 2025 (IATF2025) in Algiers, Algeria, Afreximbank held a Factoring Exposition
With a career spanning engineering, business development, and sales leadership across Sub-Saharan Africa, Vivashan Muthan brings a wealth of expertise to his new role as Head of Export Sales and Operations at RS South Africa (https://Africa.RSDelivers.com). Known for building systems that drive growth and resilience in real-world markets, Muthan is set to lead the company’s
AfroQuality today announced the launch of its operations in Ghana, Rwanda, and Kenya, introducing a new kind of retail and distribution platform designed to help African brands scale across the continent and globally. AfroQuality is building the distribution rails for African brands; a multi-country retail and logistics backbone that allows artisans, designers, and manufacturers to move
Nokia today announced that fibertime is expanding its fiber broadband access footprint to include an additional 400,000 homes located across South Africa’s underserved communities. The broadband roll-out is part of fibertime’s larger goal of connecting 2 million homes by 2028. Fibertime will deploy a combination of Nokia’s IP and fiber access technologies to build semi-mobile
Scan Global Logistics (SGL), a leading provider of global logistics services, is proud to announce the opening of its new operations in Egypt. This expansion aligns with SGL’s ambitious global growth strategy and increases its foothold in one of the region’s most strategic markets. The opening in Egypt is part of SGL’s strategic focus to
Mr Price Foundation targets empowering 500,000 youth by 2035 to tackle SA’s unemployment crisis The organisation released its FY2025 Integrated Impact Report, which highlights the strides made in youth employability, entrepreneurship and primary education. Mr Price Foundation has announced an ambitious plan: to get 500,000 youth economically resilient by 2035. The target, revealed in its
Mr Price Foundation has announced an ambitious plan: to get 500,000 youth economically resilient by 2035. The target, revealed in its newly released FY2025 Integrated Impact Report, comes as the country faces a youth unemployment crisis, with 7.7 million young people not in employment, education or training. READ THE REPORT HERE READ THE EXECUTIVE SUMMARY
Township retail is entering a new era as Smartfill rolls out its latest, innovative refill dispensers in spaza shops across Tembisa bringing affordable and more sustainable shopping closer to home for thousands of households. Designed for the informal trade market, Smartfill eliminates single-use plastic and makes everyday essentials significantly more affordable by allowing shoppers to buy what
Specialist agriculture investor AgDevCo is pleased to announce its latest investment in Hybrid, an integrated poultry producer located in Zambia. Hybrid is a leading company in Zambia’s poultry industry, operating a vertically integrated model that spans the entire value chain from breeder farms to processed poultry products. It is part of the African Poultry Development
Partnership aligns with Jumia’s push for ecofriendly deliveries and sustainable e-commerce Jumia (NYSE:JMIA), a leading e-commerce platform in Africa, has partnered with Spiro to launch a fleet of electric bikes (e-bikes) to power deliveries in Uganda, within Kampala. This initiative marks a significant step in Jumia’s ongoing Environmental, Social, and Governance (ESG) strategy to reduce
PayPal Holdings, Inc. (NASDAQ: PYPL) today announced a commitment to invest $100 million throughout the Middle East and Africa, fueling innovation, supporting entrepreneurs, and driving inclusive economic growth in one of the world’s fastest-growing digital commerce regions. This strategic investment will be deployed through a mix of minority investments, acquisitions, PayPal Ventures funding, people, and
Pick n Pay opened its first Hypermarket in Pietermaritzburg on Tuesday, 23 September, following the conversion of its existing Supermarket at Midlands Liberty Mall. This investment marks a significant transformation of the former Pick n Pay Supermarket into a full-scale Hypermarket – delivering a brand-new, one-stop shopping experience for customers in Pietermaritzburg and the greater KwaZulu-Natal region.
