
Toyota finally sells an EV in South Africa. Why now?
Toyota's first fully electric car in South Africa is a cautious, expensive signal that the country's EV market can no longer be ignored.
Business

Toyota's first fully electric car in South Africa is a cautious, expensive signal that the country's EV market can no longer be ignored.
The EU Regional Business Forum put West Africa's Abidjan to Lagos corridor in front of investors, with rail, urban mobility, trade facilitation, and logistics on the table.

BYD delivered 557,090 fully electric vehicles in Q2 2026, ahead of Tesla's 480,126, while NIO posted its best month of the year.

Kenya's Nairobi International Financial Centre has certified 15 firms in AI, fintech, digital assets, and capital markets, with projected investment of about Sh25.9 billion.

Kenya has received about Sh244.5 billion from the Vodacom Safaricom transaction, with the money headed into the National Infrastructure Fund.

Google Play's first Indie Games Fund for Africa offers equity-free grants of 50,000 to 200,000 dollars to independent studios, with Kenya among eligible countries.

The Nairobi Securities Exchange and Airtel Kenya have new leaders, with Tom Mulwa named NSE chairman and Djibril Tobe taking over as Airtel Kenya managing director.

South Africa is framing its digital-economy push around six priorities: subsea cables and telecoms, AI, data centres, cybersecurity, startups, and cross-border digital transformation.

Vodacom now controls about 55% of Safaricom after completing a $2.1 billion transaction, while Kenya's government keeps a 20% stake.

Volkswagen Group Africa is taking cautious hybrid steps in South Africa while pressing government for clearer new-energy-vehicle policy.

Airtime and data lending has resumed in Nigeria after a suspension linked to FCCPC digital-lending rules and a court fight.