Tag: South Africa

McDonald’s in Africa: African countries with McDonald’s restaurants

McDonald’s adapts to local tastes and economies in Morocco, Egypt, South Africa, and Tunisia with growing impact beyond fast food.

Omokolade Ajayi Omokolade Ajayi

Africa’s $50 billion giant is banking on India to create a $100 billion tech company

Naspers eyes India’s booming tech scene, betting $10 billion via Prosus to replicate its Tencent success and spark the next $100 billion startup.

Omokolade Ajayi Omokolade Ajayi

Vodacom, Africa’s communications giant, hits $15 billion market cap

Vodacom hits $15B market cap, driven by FY2025 growth, pan-African expansion, and rising investor confidence across telecom and fintech sectors.

Omokolade Ajayi Omokolade Ajayi

JPMorgan ups Sibanye-Stillwater stake to $292.1 million as miner eyes post-Froneman future

JPMorgan raises stake in Sibanye-Stillwater to $292 million, signaling confidence amid recovery and post-Froneman transition.

Feyisayo Ajayi Feyisayo Ajayi

South Africa gets $281 million boost for local infrastructure projects

Alexforbes pledges $281 million to South African infrastructure, targeting energy, water, transport, and ICT to fuel jobs, growth, and recovery.

Timilehin Adejumobi Timilehin Adejumobi

South Africa rolls out AI digital visa for visitors in September 2025

South Africa launches AI-powered digital visas in Sept. 2025 to streamline short-stay travel, cut fraud, and boost tourism with mobile-first tech.

Timilehin Adejumobi Timilehin Adejumobi

Vodacom commits $5.6 million to accelerate rural network expansion in South Africa

Vodacom to spend $5.6 million expanding rural networks in South Africa, aiming to boost digital access, eHealth, and eLearning across 11 underserved districts.

Timilehin Adejumobi Timilehin Adejumobi

South Africa’s $5.8 billion Hive project eyes global Green Ammonia market

South Africa eyes the global green ammonia market with the $5.8 billion Hive project, aiming to export 1 million tons by 2029 from Coega to the EU and Asia using clean energy.

Timilehin Adejumobi Timilehin Adejumobi

Capitec readies new SMME loan offering to fuel expansion

South African lender doubles down on its ambitions to serve the country’s six million formal and informal small businesses.

Timilehin Adejumobi Timilehin Adejumobi

South African rand gains more than 11% against U.S. dollar in two months

South Africa’s rand surges 11.2% in two months as investor confidence grows, budget progress signals political stability, and business activity hits 4-year high.

Omokolade Ajayi Omokolade Ajayi

Africa’s largest private education provider, ADvTECH enters Ghana as valuation nears $1 billion

ADvTECH opens Rosebank International in Ghana, marking its first tertiary expansion outside South Africa amid rising enrolments.

Feyisayo Ajayi Feyisayo Ajayi

Naspers becomes Africa’s first $50 billion company

Naspers hits $50 billion valuation, driven by Tencent gains, AI momentum, and e-commerce profits—marking a historic first for an African-listed company.

Omokolade Ajayi Omokolade Ajayi