Bare necessities Series B funding worth US$38 million will enable South African insurtech start-up Naked to enhance its service through AI and automation. Africa Business Technologies reports that the funding for the… Read more
Magnetic material The US$325 million Longonjo rare earths project in Angola has secured US$160 million in funding. Mining Weekly reports that Absa Bank’s corporate and investment banking division has conditionally approved terms… Read more
Life force Morocco’s efforts to add 1.7 billion m³ a year to its water supply by 2030 through desalination are gathering momentum. Morocco World News reports that two projects are already under… Read more
On the ocean’s edge One of South Africa’s most successful tourist attractions, the V&A Waterfront in Cape Town, is planning to start construction in 2025 on its new ZAR20 billion Granger Bay development. The… Read more
Good foundations A new ZAR30 billion state-of-the-art cement factory is planned for the Western Cape province in South Africa. According to BusinessTech, local cement producer PPC has signed a memorandum of agreement with… Read more
