4 h. ago KZN SOPA highlights unemployment, poverty and service delivery

The provincial government has set a target of securing investments worth R4-billion in 2025/26.

Politics

7 h. ago ‘Msiza influenced municipalities to invest in the now defunct VBS’

Msiza used his political power to influence municipalities to invest in the now defunct VBS.

Politics

38 h. ago Western Cape to Invest R18 Billion in Healthcare Upgrades, Promising Modern Facilities

The Western Cape government plans to channel more than R18 billion into healthcare infrastructure over the next ten years, with a significant portion of this budget earmarked for the long-awaited Tygerberg Hospital modernization project. A public-private partnership, the initiative will replace the aging Tygerberg Hospital in Cape Town with two advanced healthcare facilities. Speaking during… Read More »Western Cape to Invest R18 Billion in Healthcare Upgrades, Promising Modern Facilities The post Western Cape to Invest R18 Billion in Healthcare Upgrades, Promising Modern Facilities first appeared on iAfrica.

Science

38 h. ago Western Cape Pushes Cape Town Airport Expansion Amid Record Tourism Numbers

The Western Cape government has highlighted the urgent need to expand Cape Town International Airport, following a surge in tourism that saw more than 160,000 international visitors arrive in December—marking a twelve-year high. Although the international terminal is managed by Airports Company South Africa (ACSA), which is 74.6% government-owned, Western Cape Premier Alan Winde stressed… Read More »Western Cape Pushes Cape Town Airport Expansion Amid Record Tourism Numbers The post Western Cape Pushes Cape Town Airport Expansion Amid Record Tourism Numbers first appeared on iAfrica.

Politics

64 h. ago Coinbase Teams Up with Onboard Global to Unlock P2P Crypto for Nigerians

Coinbase, a leading US cryptocurrency exchange, has partnered with Onboard Global to launch peer-to-peer crypto payments in Nigeria, marking its first entry into the market. Under the collaboration, Nigerian users can purchase cryptocurrencies using the local currency by leveraging Onboard’s secure platform. Notably, the platform will waive KYC requirements for transactions below $100. Central to… Read More »Coinbase Teams Up with Onboard Global to Unlock P2P Crypto for Nigerians The post Coinbase Teams Up with Onboard Global to Unlock P2P Crypto for Nigerians first appeared on iAfrica.

Politics

4 d. ago Polokwane municipality says water shortage due to load shedding

Selala says water levels are low at Ebenezer scheme, Seshego dam, and Olifantsproot water plant

Politics

6 d. ago Ethiopian Bondholders Dispute IMF’s Debt Relief Assessment Amid Export Surge

Investors holding Ethiopia’s defaulted $1 billion bond have contested the International Monetary Fund’s (IMF) evaluation of the country’s debt relief needs. They argue that the IMF has underestimated the positive impact of increased gold and coffee exports on Ethiopia’s financial recovery. The bondholder committee, which owns 40% of the debt, claims that the IMF’s projections… Read More »Ethiopian Bondholders Dispute IMF’s Debt Relief Assessment Amid Export Surge The post Ethiopian Bondholders Dispute IMF’s Debt Relief Assessment Amid Export Surge first appeared on iAfrica.

Politics

6 d. ago Nairobi Investigates British American Tobacco Over $28 Million Tax Discrepancy

Kenya’s tax authorities are investigating British American Tobacco Kenya (BAT Kenya) for a $28 million tax discrepancy. The investigation centers on alleged underreporting of taxable income, potentially leading to significant tax evasion charges. BAT Kenya, a subsidiary of the global tobacco company British American Tobacco, is a major player in Kenya’s tobacco industry. The outcome… Read More »Nairobi Investigates British American Tobacco Over $28 Million Tax Discrepancy The post Nairobi Investigates British American Tobacco Over $28 Million Tax Discrepancy first appeared on iAfrica.

Economics

6 d. ago Youth Unemployment and Inflation Stifle Africa’s Economic Growth and Stability

Africa’s young population faces high unemployment and inflation, stifling economic progress. Despite better education, many struggle to secure stable jobs, forcing them into informal work or multiple side hustles. Rising costs, especially for food, erode purchasing power, limiting consumer spending and slowing economic growth. Frustration with poor governance discourages investment, while political instability further deters… Read More »Youth Unemployment and Inflation Stifle Africa’s Economic Growth and Stability The post Youth Unemployment and Inflation Stifle Africa’s Economic Growth and Stability first appeared on iAfrica.

Economics

7 d. ago Microsoft Announces Initiative to Equip 1 Million Nigerians with AI Skills

Microsoft has unveiled a $1 million plan to train one million Nigerians in AI and digital skills over the next two years, partnering with organizations like Tech4Dev and Data Science Nigeria. The company views AI as a future driver of Nigeria’s economic growth, potentially adding $15 billion to the country’s economy. However, while the initiative… Read More »Microsoft Announces Initiative to Equip 1 Million Nigerians with AI Skills The post Microsoft Announces Initiative to Equip 1 Million Nigerians with AI Skills first appeared on iAfrica.

Events

7 d. ago Africa Energy Bank Aims to Tackle Power Shortage Amid Climate Concerns

A group of African countries plans to create the Africa Energy Bank (AEB) to finance oil and gas projects, countering reduced fossil fuel investments from Western institutions. Led by the African Petroleum Producers Organization (APPO) and Afreximbank, the initiative seeks to bolster Africa’s industrial growth by expanding energy access. However, environmentalists argue that fossil fuels… Read More »Africa Energy Bank Aims to Tackle Power Shortage Amid Climate Concerns The post Africa Energy Bank Aims to Tackle Power Shortage Amid Climate Concerns first appeared on iAfrica.

Politics

7 d. ago Netherlands Agrees to Return Over 100 Benin Bronzes in Landmark Repatriation

The Netherlands has announced that it will return 119 Benin Bronzes—stolen by British troops in 1897—to Nigeria, marking the largest-ever repatriation of these artifacts. These culturally significant sculptures, which ended up in Dutch museums like the Wereldmuseum as well as with private collectors, originate from the ancient Benin Kingdom in modern-day Edo state. Despite the… Read More »Netherlands Agrees to Return Over 100 Benin Bronzes in Landmark Repatriation The post Netherlands Agrees to Return Over 100 Benin Bronzes in Landmark Repatriation first appeared on iAfrica.

Politics

8 d. ago Tshwane shuts Bronkhorstspruit Water Plant over quality issues

The shutdown was due to a decline in water quality from the recent heavy rainfall.

Politics

8 d. ago Sudan and Iran Deepen Alliance with New Trade and Diplomacy Accord

Khartoum and Tehran, represented by their foreign ministers, have agreed to bolster their country’s collaboration in trade, diplomacy, and reconstruction. Both countries plan to convene a ministerial committee in the coming months, as well as host a business forum comprising companies and investors from Sudan and Iran, to set their plan in motion. Beyond these,… Read More »Sudan and Iran Deepen Alliance with New Trade and Diplomacy Accord The post Sudan and Iran Deepen Alliance with New Trade and Diplomacy Accord first appeared on iAfrica.

Politics

8 d. ago Aliko Dangote Reclaims Billionaire Spotlight with 78% Net Worth Surge

The net worth of Aliko Dangote, Africa’s richest man, has soared by $10.5 billion over the past year. Consequently, he is now worth $23.9 billion and, for the first time since 2018, is back in Forbes’ list of the world’s top 100 richest individuals. The surge stems from the successful launch of the Dangote Petroleum… Read More »Aliko Dangote Reclaims Billionaire Spotlight with 78% Net Worth Surge The post Aliko Dangote Reclaims Billionaire Spotlight with 78% Net Worth Surge first appeared on iAfrica.

Politics

9 d. ago Standard Bank confident in GNU ahead of the 2025 Budget Speech

The bank says risks to SA's fiscus include possible SOE bailouts and an expansion of social welfare.

Politics

9 d. ago Nigeria Eyes Deeper Middle East Collaboration Amid Rising Forex Reserves

Olayemi Cardoso, the governor of the Central Bank of Nigeria (CBN), has urged stronger economic cooperation between Nigeria and the Middle East. Cardoso made this call while attending the maiden “Emerging Markets Economies Conference” in Saudi Arabia. He met with Talal Al-Humond of the Saudi Central Bank to explore mutual economic benefits between Nigeria and… Read More »Nigeria Eyes Deeper Middle East Collaboration Amid Rising Forex Reserves The post Nigeria Eyes Deeper Middle East Collaboration Amid Rising Forex Reserves first appeared on iAfrica.

Politics

9 d. ago South Africa to Consider Russian and Iranian Bids for Nuclear Project

South Africa’s government has confirmed it is open to nuclear energy proposals from Russia or Iran as it seeks to add 2,500 megawatts to its existing Koeberg nuclear plant. Mineral and Petroleum Resources Minister Gwede Mantashe stressed that no country will be barred from bidding, despite US concerns about Pretoria “reinvigorating” ties with Iran. These… Read More »South Africa to Consider Russian and Iranian Bids for Nuclear Project The post South Africa to Consider Russian and Iranian Bids for Nuclear Project first appeared on iAfrica.

Events

1 week ago The New BMW X3 Drives BMW Group Plant Rosslyn’s Success Story.

BMW Group South Africa hosted media this week at BMW Group Plant Rosslyn for the national media launch of the new BMW X3. The event, which will have a second media rotation from 19–20 February, provided a firsthand look at the state-of-the-art facility, the production process, and the plant’s significant local footprint. Since its start… Read More »The New BMW X3 Drives BMW Group Plant Rosslyn’s Success Story. The post The New BMW X3 Drives BMW Group Plant Rosslyn’s Success Story. first appeared on iAfrica.

Politics

1 week ago Nigeria’s Dangote Invests $400 Million for Expansion of Ethiopian Cement Plant

Aliko Dangote, Chairman of the Dangote Group, has announced a new investment of $400 million to expand the Mugher cement plant in Ethiopia, raising its capacity from 2.5 million to 5 million tons per year. The Mugher plant began operations in 2015 but has faced numerous challenges, including the vandalism of equipment and the tragic… Read More »Nigeria’s Dangote Invests $400 Million for Expansion of Ethiopian Cement Plant The post Nigeria’s Dangote Invests $400 Million for Expansion of Ethiopian Cement Plant first appeared on iAfrica.

Economics