Category: Key developments

South Africa has introduced its first AI-powered tutor robot, Iris, at a launch event in Durban, a move expected to reshape the country’s education system.

Global venture capital firm 500 Global has partnered with the United Nations Development Programme (UNDP) to introduce its first founder-focused programs in Nairobi.

Mercedes‑Benz, through its Daimler Truck division, has committed to building a truck assembly plant in Senegal.

Nearly half of Africa’s population, about 600 million people, remain without electricity in 2024.

Visa, a global payments powerhouse, has selected 22 fintech startups to join the fourth edition of its Africa Fintech Accelerator.

The International Monetary Fund (IMF) has released its July 2025 update on the global economy. For Africa, the outlook is cautiously optimistic.

Botswana has launched one of the most ambitious infrastructure projects in its history — a $20 billion smart city in the Kalahari Desert, known as Kalahari City.

Nigerian electric mobility startup MAX has introduced its first solar-powered battery swap station, aiming to offer a clean and reliable energy solution for transport operators across West Africa.

Africa’s Business Heroes (ABH), a program under Alibaba Philanthropy, has named the 50 finalists for its 2025 edition, drawing from a record number of applicants across the continent.