Southern Africa

Ford, the U.S. auto giant, announced on Wednesday that it will invest 5.2 billion rand ($281 million) to produce a hybrid vehicle in South Africa, as it urged the government …

South Africa’s largest mobile operator, MTN Group Ltd., has boosted its network availability to 95% in its home market despite facing challenges such as power outages, vandalism and a sluggish …

South Africa faces a serious challenge of attracting and retaining skilled workers, as inefficiencies and delays plague its visa system. This is hampering the country’s economic recovery, as foreign investors …

South Africa’s largest real estate investment trust (REIT), Redefine Properties, has reported a 4.1% decline in its distributable income for the year ended August 31, 2023, amid challenging economic conditions …

US President Joe Biden has expressed his strong support for the reauthorization and modernization of the African Growth and Opportunity Act (AGOA), a key trade program that grants duty-free access …

AFEX, a leading African commodities platform, has received a $26.5 million investment from British International Investment (BII), the UK’s development finance institution and impact investor. The partnership aims to boost …

King Charles III and Queen Camilla are on a four-day state visit to Kenya, the first Commonwealth country they have visited since he became the monarch. The visit coincides with …

Zimbabwe is facing severe food insecurity due to recurrent droughts, economic challenges, and the impact of the COVID-19 pandemic. According to the World Food Programme, more than 8.6 million people, …

South Africa’s largest pharmacy retailer, Clicks, reported an 11.5% rise in full-year earnings on Tuesday despite facing challenges such as civil unrest, power cuts, and supply chain disruptions. The company …

Africa is one of the fastest-growing regions for cloud computing services as more businesses and startups adopt digital technology. However, the market is still small and faces data localization and …