Sector
South Africa’s digital economy has expanded significantly over the past decade, with more citizens embracing online services for everyday activities. This shift has impacted various sectors, including entertainment, with online gaming platforms gaining popularity. One established platform in this evolving landscape is JackpotCity, an online casino that has built a reputation within South Africa’s regulated […]
More than one-in-five Black adults in the United States say owning a business is essential to their personal definition of financial success, according to a 2023 Pew Research Center survey. While Black-owned businesses have grown significantly in the U.S. in recent years, they still make up a small share of overall firms and revenue, according […]
South African Farmers Development Association (SAFDA) CEO Dr Siyabonga Madlala expressed cautious optimism regarding the future of Tongaat Hulett in a recent interview with FORBES AFRICA. Discussions are currently underway among key stakeholders. Tongaat Hulett’s Potential Closure Madlala stated that all stakeholders are in agreement that Tongaat Hulett should not cease operations. He indicated receiving […]
The Government of Kenya has established a partnership with the private sector to manage and fund the 6th Edition of the WRC Safari Rally in 2026. This marks a change in the event’s management and funding structure. Cabinet Secretary for Youth Affairs, Creative Economy and Sports, Salim Mvurya, announced the partnership in a press release […]
Kenya has commissioned a new animal feed manufacturing facility, one of the largest on the African continent. Government officials state the move is intended to double national milk production and position the country as a regional leader in livestock. Facility Commissioning and Investment The KSh 3 billion De Heus Animal Nutrition factory in Athi River […]
Kenya’s startup ecosystem saw a significant increase in venture capital funding in 2025, but the distribution of that funding was highly concentrated. While the overall numbers appear strong, a closer look reveals a more complex picture. Funding Concentration in Clean Energy Kenya-based startups raised Sh141 billion last year, with Sh98.5 billion flowing to just four […]
The 2026 Mining Indaba in Cape Town, South Africa, has focused on the necessity for mining companies to reduce carbon emissions while maintaining competitiveness and attracting global investment. Discussions also addressed the challenges presented by evolving extraction methods. Technological Advancements and Sustainability Elsona van Huyssteen, Principal Researcher at the Council for Scientific and Industrial Research […]
The leasing of four public sugar mills to private operators is showing positive results, according to the Kenyan government. These changes are intended to revitalize the struggling sugar sector and improve conditions for farmers and workers. Agriculture Principal Secretary Paul Ronoh announced that the move has led to improved factory operations and stabilized payments to […]
Kenya’s health sector experienced a significant decrease in external funding during the 2025/26 financial year. A recent report indicates a substantial decline in financial support from international donors. Decline in External Funding A 2025 report by the University of Nairobi’s Centre for Epidemiological Modelling and Analysis (CEMA) reveals that total external funding for health in […]
The banking and financial sector in the Horn of Africa States region operates within a complex environment characterized by diverse economic structures, varying state capacities, and ongoing political and security challenges. Despite these difficulties, the sector has demonstrated progress and resilience while facing significant structural and institutional constraints. Financial Inclusion and Digital Services Expansion of […]