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Finance
Letshego Africa Holdings Completes Rights Offer with Significant Stake Increase for BPOPF
Letshego Africa Holdings has secured P631.9 million from its P800 million rights offer, with the Botswana Public Officers Pension Fund set to significantly increase its stake after underwriting the capital raise, pending regulatory approval for the remaining shares valued at P168.1 million.
South Africa and China Enhance Partnership in Science and Technology Initiatives
South Africa and China are enhancing collaboration in science and technology by establishing an Artificial Intelligence Talent Development and Innovation Centre to address South Africa's digital skills gap. The initiative was discussed during a meeting on November 11, 2026, in Wuhan.
Egypt and China Discuss Cooperation in Technology and Digital Economy
The National Telecommunication Institute in Egypt is collaborating with a Chinese delegation to enhance the ICT sector, focusing on training tech professionals and developing AI applications to accelerate Egypt's digital economy. Joint projects and technology transfer are key components of this partnership.
Chancen International Advocates Income Share Agreements for Education Funding
Chancen International is transforming education funding in Rwanda through income share agreements, benefiting over 14,000 young people, with 74% of graduates employed above the repayment threshold. The model ensures manageable repayments based on income, supporting those from low-income households.
Kenya
Manufacturers Advocate for Low-Carbon Cement Adoption in Construction Sector
Local cement manufacturers in Kenya are advocating for low-carbon cement to promote sustainable building practices, highlighted during the Kenya Industrialisation Summit 2026. Bamburi Cement launched DuraCem, which emits 64% less CO₂ than ordinary cement, aiming to enhance production capabilities and support national infrastructure projects.
Nigeria
Nigerian Financial Institutions Explore Integration of Stablecoins and Digital Assets
Nigerian banks and fintech companies are increasingly adopting stablecoins and digital asset services, with Quidax aiming to educate the market over the next five years. Sub-Saharan Africa saw over USD 5 billion in on-chain value from July 2024 to June 2025, with Nigeria as the largest market.
Egypt
Nclude Secures Final Close to Enhance Investment in African Startups
Nclude, an Egyptian venture capital fund, has closed over USD 112 million to finance technology startups in Africa and the Middle East, focusing on financial technology and inclusion. The fund supports investments ranging from USD 500,000 to USD 10 million across various development stages.
Egypt
Forsa Launches Campaign to Prepare Consumers for Black Friday Shopping
Forsa has launched the "Forsa in Time" campaign to prepare Egyptian consumers for Black Friday, encouraging early app activation for exclusive installment plans and promotions to help shoppers manage costs and make informed purchasing decisions.
South Africa
Fuel prices set to drop for South African motorists in November 2026
South Africa will see fuel prices decrease in November 2026, marking the first reduction since July, with petrol prices dropping by up to 49 cents per litre and diesel by R1.68, due to cuts in the fuel levy.
Egypt
Egypt’s Finance Ministry launches bilingual website to enhance transparency
Egypt’s Ministry of Finance has launched a new trial website in Arabic and English to enhance access to financial information and expand digital services. This initiative aims to improve transparency and usability for citizens.
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