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Africa’s next wave of SME finance may not come from banks, or even from fintechs, but from the software companies that already run small businesses’ daily operations.

That is the bet behind Renew Capital’s inaugural Venture Lab: EmFi Series, which has selected 15 companies from more than 500 applicants across 48 African countries for deeper technical training and inve...


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Central Africa has plugged into the continent’s instant-payment rails. The Bank of Central African States (BEAC) has officially joined the Pan-African Payment and Settlement System (PAPSS), extending the network to the six countries of the Central African Economic and Monetary Community (CEMAC).

PAPSS, developed by Afreximbank in partnership with the African Union a...


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Google has used its first African cloud summit to lay out a wave of new investments in connectivity, AI labs and developer programmes, part of a pitch to make the continent a builder of artificial intelligence rather than just a market for it.

The announcements came at the inaugural “Building for Africa” Google Cloud Summit in Johannesburg on 1 July 2026, which drew...


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Vodacom has completed the deal that hands it outright control of Kenya’s Safaricom, the most valuable company in East Africa and the home of M-Pesa.

The South African group said it closed the acquisition of an additional 20% of Safaricom on Tuesday, 30 June 2026, lifting its holding to approximately 55%. The transaction is valued at 2.1 billion dollars (R35 billion)...


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South Africa’s internet industry body has warned that blocking websites, including a fresh push to shut out offshore online gambling, must rest on a clear law rather than a regulator’s say-so.

The Internet Service Providers’ Association (ISPA), the official body representing South African internet providers, published a position paper on 2 July 2026 setting out how, a...


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