The changing landscape of rental applications in South Africa

A detailed risk analysis in the latest PayProp Rental Index highlights a significant challenge for landlords and rental agents: more than a quarter of South African rental applicants were classed as high-risk in Q1 2025.  Based on data from the Tenant …

Saudi Arabia Pledges $25 Bln Investment to Support Africa

Saudi Arabia recorded a sharp rise in inbound visitor spending in the first quarter of 2025, with international tourists spending 49.4 billion riyals ($13.2 billion), up 9.7% from the same period last year, according to the Ministry of Tourism.   The …

Can South Africa’s HIV fight survive the US funding pull-out?

Bowls club planning tour to Africa after hosting Kenyan visitors

It will be a follow-up to a visit by a touring team from the African country which played several matches in Wales recently, their first in Barry. More than a dozen members have expressed an interest in making the trip, which will include playing four or …

Saudi Arabia pledges $25 billion investments and opening more embassies in Africa  

Saudi Gazette report RIYADH — Saudi Deputy Minister of Foreign Affairs Walid Al-Khereiji revealed that his country intends to increase the number of its embassies in African countries to more than 40 over the coming years. He also expressed Saudi Arabia…

Africa’s tallest skyscraper project resumes as Ethiopia revives $445 million tower bid

The $445 million project will see the erection of a 62-storey headquarters for the state-owned Ethiopian Electric Power (EEP), positioning the nation at the forefront of architectural ambition on the continent. Initially proposed in 2023, the project was …

Africa loses $88.6 billion each year to illegal money transfers – Report

These losses are significantly undermining foreign direct investment (FDI), development assistance, and national efforts to drive economic transformation across the continent. The illicit outflows, driven by capital flight, tax evasion, money laundering, …

Feds: Northeast Ohio resident smuggled 58 guns to West Africa

CLEVELAND, Ohio — A Warrensville Heights man is accused of smuggling more than 50 guns to the Ivory Coast. Koffi Taregue hid the weapons in shipments of regular household items and sent them to a second person charged, Bile Assemian, and others in the West …

Sony Music Group acquires record label Lusafrica and publisher Africa Nostra

Sony Music France and Sony Music Publishing France have acquired Lusafrica and Africa Nostra, a long-established label and publishing house dedicated to promoting Lusophone (Portuguese-speaking) and African artists worldwide. Founded by José Da Silva in …

For prosperity, South Africa’s mining sector needs urgent action

As Minister Gwede Mantashe prepares to deliver Budget Vote 34 in Parliament today, the mining industry stands at a critical moment. On the eve of the address, Minerals Council South Africa CEO Mzila Mthenjane presented a sobering but forward-looking …