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Month: May 2026

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NewSpace Systems Opens Africa’s Largest Space Hardware Factory in Somerset West, Targeting High-Volume Production for Global Satellite Constellations
Posted inIndustry Sectors

NewSpace Systems Opens Africa’s Largest Space Hardware Factory in Somerset West, Targeting High-Volume Production for Global Satellite Constellations

South Africa has crossed a meaningful threshold in advanced manufacturing. NewSpace Systems, headquartered in Somerset West in the Western Cape, has officially opened a purpose-built 5,200 square metre spacecraft component…
Posted by Thabo Khumalo Thabo Khumalo May 20, 2026
India and the European Union Set Year-End Deadline to Operationalise a 2-Billion-Person Free Trade Zone
Posted inGlobal Affairs

India and the European Union Set Year-End Deadline to Operationalise a 2-Billion-Person Free Trade Zone

In Gothenburg, Sweden, on 17 and 18 May 2026, Indian Prime Minister Narendra Modi met with European Commission President Ursula von der Leyen and Swedish Prime Minister Ulf Kristersson at…
Posted by Jonathan Reed Jonathan Reed May 19, 2026
Big Idea Ventures Deploys $1M Across 5 Foodtech Startups to Rebuild the Global Food System From the Ingredient Up
Posted inFood

Big Idea Ventures Deploys $1M Across 5 Foodtech Startups to Rebuild the Global Food System From the Ingredient Up

New York-based foodtech investor Big Idea Ventures moved on Monday to expand its Global Food Innovation Fund II portfolio, announcing the addition of five startups to its GFIF II portfolio…
Posted by Isabella Conti Isabella Conti May 19, 2026
Johannesburg’s Sango Capital Closes $120 Million Secondary Deal, Becoming Africa’s Largest Private Equity Secondary Buyer
Posted inFinance

Johannesburg’s Sango Capital Closes $120 Million Secondary Deal, Becoming Africa’s Largest Private Equity Secondary Buyer

Johannesburg-based investment manager Sango Capital has completed the acquisition of more than $120 million in net asset value across four African private equity funds, acquiring the portfolio from a non-African…
Posted by Daniel Rothman Daniel Rothman May 19, 2026
South Africa’s R17.2 Billion Fuel Subsidy Begins Unwinding in June, Exposing Households to Another Petrol Price Shock
Posted inDecisions & Impact

South Africa’s R17.2 Billion Fuel Subsidy Begins Unwinding in June, Exposing Households to Another Petrol Price Shock

South Africa's National Treasury has confirmed the structured phase-down of its emergency fuel levy relief, setting a hard deadline of 30 June 2026 for the end of one of the…
Posted by Victoria Mensah Victoria Mensah May 18, 2026
FTC Begins Enforcing Deepfake Takedown Law on May 19 as Meta, TikTok, X Face 48-Hour Removal Obligation
Posted inCompliance & Legal

FTC Begins Enforcing Deepfake Takedown Law on May 19 as Meta, TikTok, X Face 48-Hour Removal Obligation

The Federal Trade Commission activates enforcement of the TAKE IT DOWN Act on May 19, 2026, marking the end of the one-year grace period granted to digital platforms after the…
Posted by Naledi Mokoena Naledi Mokoena May 18, 2026
Adebayo Ogunlesi Signals BlackRock Will Double Its R500 Billion South Africa Infrastructure Stake
Posted inBillionaire Tracker

Adebayo Ogunlesi Signals BlackRock Will Double Its R500 Billion South Africa Infrastructure Stake

Adebayo Ogunlesi, the Nigerian-born billionaire who chairs Global Infrastructure Partners and sits on BlackRock's Global Executive Committee, used a high-level summit in Cape Town on 13 May 2026 to disclose…
Posted by Alexander Voss Alexander Voss May 16, 2026
HubSpot Deploys AEO Sensor as AI Search Strips 27% of Organic Traffic From Business Websites
Posted inTech & Innovation

HubSpot Deploys AEO Sensor as AI Search Strips 27% of Organic Traffic From Business Websites

The rules governing how businesses get found online shifted again this week. On May 14, 2026, HubSpot launched AEO Sensor, a free, publicly accessible real-time dashboard that tracks how the…
Posted by Ethan Park Ethan Park May 16, 2026
Trump and Xi Close Beijing Summit With 200 Boeing Jets and a Fragile Truce, Forcing Africa to Choose Its Next Move
Posted inSpotlight

Trump and Xi Close Beijing Summit With 200 Boeing Jets and a Fragile Truce, Forcing Africa to Choose Its Next Move

The world's two largest economies left Beijing on Friday having done just enough to prevent a rupture, but not nearly enough to resolve the structural tensions pulling the global trade…
Posted by Tebogo Magolego Magolego May 16, 2026
South Africa’s Department of Home Affairs Opens 36-Month ICT Portfolio Management Tender, Briefing Held Today
Posted inOpportunities

South Africa’s Department of Home Affairs Opens 36-Month ICT Portfolio Management Tender, Briefing Held Today

South Africa's Department of Home Affairs (DHA) formally opened its briefing process today, 15 May 2026, for Tender DHA04-2026, inviting accredited service providers to establish a dedicated ICT Portfolio Management…
Posted by Michael Adeyemi Michael Adeyemi May 15, 2026

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US Inflation Hits Two-Year High as PCE Data Reshapes Federal Reserve Rate Expectations
US inflation reached its highest annual level since 2023, but softer monthly price growth prompted investors to trim expectations for an immediate Federal Reserve rate hike, pushing the dollar and Treasury yields lower.
US Inflation Hits Two-Year High as PCE Data Reshapes Federal…
June 25, 2026
BP Secures 10% Stake in UAE’s Bab Gas Cap Project as ADNOC Advances 1.5 Billion Cubic Feet Per Day Gas Development
BP has joined ADNOC's Bab Gas Cap project with a 10% stake, supporting a natural gas development expected to produce up to 1.5 billion cubic feet per day and strengthen the UAE's industrial energy capacity.
BP Secures 10% Stake in UAE’s Bab Gas Cap Project…
June 25, 2026
India and UK Launch High-Level Talks Ahead of July Trade Pact Rollout
India and the UK are moving from negotiation to implementation as senior officials meet ahead of the July launch of their landmark bilateral trade agreement.
India and UK Launch High-Level Talks Ahead of July Trade…
June 25, 2026
Karnataka Backs 10,500 Food Processing Units, Creates Up to 100,000 Jobs in Rural Food Economy Push
Karnataka says support for more than 10,500 food processing businesses has helped create up to 100,000 jobs, highlighting the growing role of value-added agriculture in economic development.
Karnataka Backs 10,500 Food Processing Units, Creates Up to 100,000…
June 24, 2026
South Africa Upgrades Financial System Processing R584 Billion Daily as Reserve Bank Accelerates SAMOS Modernisation
South Africa's Reserve Bank is upgrading the SAMOS settlement platform that processes approximately R584 billion daily, reinforcing the country's role as Africa's leading financial infrastructure hub.
South Africa Upgrades Financial System Processing R584 Billion Daily as…
June 24, 2026
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