South Africa Pursues Direct Flights to India in $10B+ Trade Push
Pretoria is in talks with Air India, IndiGo, and SpiceJet to restore a Johannesburg-Mumbai route that lapsed in 2015, as 150+ Indian firms already have $10B invested in South Africa.
Two AI infrastructure plays secure a combined $590M as investors double down on the picks-and-shovels layer of the AI stack.
August's fundraising total signals larger deal sizes and founders increasingly targeting markets beyond their home countries.
President Ruto's sweeping export ban—covering all minerals, not just gold—targets the 90%-informal sector losing Kenya 1.2 billion shillings in royalties annually.
The US-based trade finance and logistics platform is buying majority control of ShipAfrica in a deal that deepens its footprint across Nigerian and broader African freight corridors.
Pretoria is in talks with Air India, IndiGo, and SpiceJet to restore a Johannesburg-Mumbai route that lapsed in 2015, as 150+ Indian firms already have $10B invested in South Africa.
The Africa Blockchain Festival is recruiting Tanzanian founders for a fellowship program, signaling a push to deepen blockchain adoption beyond the continent's traditional tech hubs.
The Kenyan agri-logistics startup, once valued at over $150M, has been placed under administration after accumulating unpaid debts it could not service despite years of investor backing.
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