Chinese automaker unveils first locally built SUV in South Africa’s $15.2 billion automotive market after taking over Nissan’s former plant
The move comes as South Africa’s automotive market, valued at $15.2 billion in 2025, attracts further investment from Chinese manufacturers seeking to expand their presence in the country
Egypt’s first fintech unicorn plans to sell 20% of local business in Cairo stock market debut
The proposed offering comprises 320 million shares. MNT-Halan expects it to take place this month, subject to regulatory approval and market conditions
Kenya delivers first 40,000-tonne fuel cargo to Rwanda as Dangote prepares $17bn refinery for East African market
The 40,000-tonne cargo, supplied by Oman’s OQ Trading, arrived aboard MT Sea Wolf at Kipevu Oil Terminal 2 in Mombasa on September 29
First cargo of 2,930 tonnes of machinery arrives Kenyan port as Dangote begins work on East Africa’s largest refinery
According to the Kenya Ports Authority (KPA), the cargo was delivered by MV Da Yang, a 190-metre-long bulk carrier sailing under the Chinese flag, marking an early but significant movement of equipment for the planned refinery and petrochemical complex
African Smartphone Market Posts First Decline In Three Years As Prices Squeeze Affordability
Industry stakeholders say maintaining smartphone adoption may depend on financing, bundled services and infrastructure that allows consumers to participate even without owning the latest devices
Africa’s first Bitcoin treasury company delays UK listing three days before market debut
South Africa’s Africa Bitcoin Corporation, formerly known as Altvest Capital, said its secondary listing on the Access segment of the Aquis Growth Market and an accompanying share placement had been delayed because of what it described as a “technical matter.”
Nigeria’s dollar millionaires rise for first time in four years – Businessday NG
Nigeria added 900 million-dollar millionaires within a period of 12 months, as a stronger naira and new business growth helped reverse some of the wealth losses caused by the currency’s sharp depreciation over the past two years, according to new data from the 2026 Africa Wealth Report
TVS Motor launches iQube EV in Kenya, first Indian OEM in Africa
TVS Motor launches iQube EV in Kenya, first Indian OEM in Africa 2 min read Updated on 06 Aug 2026, 09:08 PM Reviewed byNaman SScanX News Team Add as a preferred source on Google AI Summary
NECA unveils Africa’s first ESG implementation guide for MSMEs
NECA unveils Africa’s first ESG implementation guide for MSMEs June 30, 2026 7:48 pm