BREAKING NEWS: 26 October 2026
Nigeria's Nigeria Sovereign Investment Authority (@nsia_nigeria) and partners awarded a combined $275,000 - $277,000 in cash and equity prizes to seven startups at NSIA Prize for Innovation Demo Day's fourth edition in Abuja.
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BREAKING NEWS: 26 October 2026
Zambia's local Minera Refineries Limited has unveiled a new refinery designed to refine gold to 99% purity during the Zambia Mining and Investment Insaka at the Mulungushi International Conference Centre in Lusaka.
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BREAKING NEWS: 26 October 2026
The @sareserve_bank has published a draft Synthetic Financial Centre framework that would allow approved local asset managers, banks, and insurers to oversee foreign portfolios from South Africa without the mandated 45% offshore limit applying within the ring-fenced mandate.
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BREAKING NEWS: 26 October 2026
The South African Reserve Bank has published a draft Synthetic Financial Centre framework that would allow approved local asset managers, banks, and insurers to oversee foreign portfolios from South Africa without the mandated 45% offshore limit applying within the ring-fenced mandate.
Read more here: businesstechafrica.co.za/art…
BREAKING NEWS: 26 October 2026
@QuickmartKenya has revised its share allocation for its IPO after investors from the United Kingdom and the United States committed about Sh7.2 billion ($55.47 million).
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FOUNDER FRIDAY: Nickie Mashiloane
What if an electric vehicle charging station could come to you? Nickie Mashiloane, a professional driver and entrepreneur, is building a business around that idea.
After developing an interest in electric vehicles while working at Volkswagen, he founded NHS EV Mobile Charging Service to bring charging directly to drivers, fleet operators and remote worksites.
Now, having invested his own money to get started, Nickie is seeking R2.98 million to expand the business and help make EV charging more accessible in South Africa.
Read the full story here: businesstechafrica.co.za/art…
Three Nigerian startups have secured $150,000 in MARL accelerator funding, with Solarcorp, Bravoo and Zendtrax each set to receive $50,000.
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From Limpopo to Checkers Sixty60’s technology story.
Donald Valoyi’s Zulzi grew from an online shopping business into a company working with Shoprite on technology powering one of South Africa’s biggest grocery delivery services.
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Ezeebit launches WalletConnect Pay at 13 South African hotel locations, enabling crypto and stablecoin payments.
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ON THIS WEEK’S MINING WRAP:
- Rio Tinto and Founders Factory select five mining technology startups for their accelerator, bringing the programme to 29 ventures.
- President Cyril Ramaphosa opens Vedanta’s R10-billion Gamsberg expansion in the Northern Cape, doubling annual ore-processing capacity to eight million tonnes.
- Volvo Group plans to launch Volvo Mining in January 2027, initially serving customers in Sweden, Norway and Finland.
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Coast raises $35 million to help businesses manage company spending and simplify expense tracking.
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Dar Blockchain launches a Web3 incubator for 18 startups, targeting at least five seed-ready businesses by January 2027.
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Uber is bringing ChatGPT Work to 30,000 employees, expanding AI use beyond its software teams.
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Finna’s Shore is helping crypto traders move beyond WhatsApp and spreadsheets to run their own exchanges.
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BREAKING NEWS: 23 October 2026
South Africa’s exports to China jumped nearly 25% after Beijing introduced zero tariffs on qualifying African goods.
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BREAKING NEWS: 23 October 2026
Uganda’s central bank sells foreign currency as the shilling hits record lows against the dollar, despite an emergency rate hike to 12%.
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BREAKING NEWS: 23 October 2026
Ghana plans to ban unprocessed mineral ore exports by 2030 and process at least 50% of its cocoa beans locally, as it pushes to boost domestic manufacturing.
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NITDA and NACCIMA partner to connect Nigerian tech startups with investors, corporate buyers and commercial contracts, opening new pathways to funding and growth.
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