The tech-investment stories moving Africa's markets — what moved, and why it matters.
Wed, Sep 16
The three High Court justices who paused this deal in March weren't being obstructionist. They were asking whether Kenya had actually told its own citizens who was buying a chunk of its most valuable company — and on what terms.
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That six-month clock is not a formality. Egypt's Financial Regulatory Authority has written a hard reset into the rules: miss the deadline, fail to complete the offering, and the temporary listing is deemed never to have existed.
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The administrator's mandate is technically to find a better outcome than liquidation. But the creditor list — Goldman Sachs, the IFC, French private equity firm Creadev — tells you the scale of what's already been lost.
Read more →Washington has now named Angola specifically — same loan instrument, same Huawei framing, same single operator.
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A cybersecurity breach has exposed customer data across 45 South African insurance companies, signalling what is described as a systemic security failure in the country's financial sector. The incident raises material questions about data protection standards and regulatory compliance across the insurance industry.
The Development Bank of Southern Africa has committed financing to support a 48,000-kilometre fibre network rollout across South Africa, representing a major public development finance commitment to the country's connectivity backbone. The scale of the project marks one of the larger single infrastructure bets in South Africa's broadband expansion to date.
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