Bolttech, a Singaporean insurance tech firm, has acquired Kenyan digital insurance platform mTek in a deal that marks a significant push into Africa’s fast-growing protection market. Bolttech has acquired the Kenyan insurtech platform mTek as part of a broader strategy to deepen its presence in Africa. The deal positions Nairobi as a key regional hub…
The Nigerian government has revealed its fighter jets and ground forces helped Benin’s army thwart an attempted coup in Cotonou, marking the latest flashpoint in a region increasingly destabilised by military uprisings. Nigeria’s armed forces supported Benin’s military in quelling a coup attempt in Cotonou. Benin requested air and ground military aid from Nigeria to…
China has offered a significant boost to Nigeria’s export ambitions after its ambassador in Abuja, Yu Dunhai, announced that Beijing is prepared to fast-track a zero-tariff policy for Nigerian goods ahead of schedule. China has announced it will fast-track zero-tariff access for Nigerian exports, strengthening bilateral trade. The announcement came during a meeting between Ambassador…
South Africa has been included among eight countries set to enjoy visa-free access to Bolivia, a move seen as recognition of its growing influence on the global stage. South Africa is now among eight countries granted visa-free access to Bolivia in recognition of its growing global influence. Bolivia’s new policy aims to foster pragmatic international…
One of Africa’s largest gold producers, South Africa, has opened a new gold underground mine, with the intention of capitalizing on gold’s rising prices. South Africa has commissioned a new underground gold mine, the first in 15 years, to embrace rising gold prices. Global gold prices have reached unprecedented levels, influenced by trade tensions and…
The United States has moved to enforce its threat, snubbing South Africa at the upcoming G20 summit and instead extending an invitation to a major European ally, Poland. The US excluded South Africa from the next G20 summit, inviting Poland instead. US Secretary of State Marco Rubio stated Poland’s economic rise and alignment with US…
The U.S. International Development Finance Corporation (DFC) has agreed to move forward with a $1 billion debt-for-food security swap with Kenya, a deal aimed at replacing expensive debt with lower-cost financing. The U.S. International Development Finance Corporation (DFC) has committed to a $1 billion debt-for-food security swap with Kenya. This agreement aims to alleviate Kenya’s…
Africa is rapidly integrating the AI revolution into its ecosystem. While some countries are embracing the technology, expanding access, and increasing usability, others continue to lag behind. Africa is incorporating artificial intelligence (AI) into various sectors, with varying rates of adoption among nations. AI adoption globally has surpassed previous technologies, with over 1.2 billion users…
The United States has confirmed that it will not invite South Africa to the 2026 G20 Summit, marking a sharp diplomatic rebuke as Washington prepares to host the gathering of major economies in Miami next December. The United States has confirmed it will not invite South Africa to the 2026 G20 Summit. Washington says Pretoria’s…
