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THURSDAY, 23 APRIL 2026, 20:43

South Africa

Structural reforms boost investor confidence

Today at 09:14 AM, via SAnews

Structural reforms boost investor confidence

Despite a challenging global economic environment, strong and sustained progress in implementing growth-enhancing structural reforms has strengthened policy credibility and positioned South Africa to attract higher levels of investment. 

This is according to the Phase II of Operation Vulindlela progress report for the fourth quarter of...

Valeo Opens AI Development Center in Cairo, Marking 20 Years of Egypt Operations

Yesterday at 17:34 PM, via iAfrica

French automotive technology company Valeo has opened an artificial intelligence development center in Cairo, marking the 20th anniversary of its Egypt operations and reinforcing the country’s position as a global software development hub. The launch was attended by Egypt’s Minister of Communications and Information Technology Raafat Hendy, Valeo Group CEO Christophe Périllat and...

Google Earmarks $750 Million to Help Cloud Partners Sell AI Agents to Enterprises

Yesterday at 17:32 PM, via iAfrica

Google has set aside $750 million to help its Cloud partners sell artificial intelligence agents to enterprise customers, the company announced at its Google Cloud Next conference in Las Vegas this week. The funding is available to partners ranging from startups to large consulting firms and can be used for costs including Gemini proof-of-concept projects, […]

Biotech Startup 10x Science Raises $4.8 Million to Use AI for Drug Development Bottleneck

Yesterday at 17:29 PM, via iAfrica

A biotech startup founded by three scientists from a Nobel laureate’s Stanford laboratory has raised $4.8 million in seed funding to apply artificial intelligence to one of drug development’s most persistent bottlenecks: the characterization of molecular candidates before they can be tested and manufactured at scale. 10x Science, founded in December 2025, announced the round […]

AI Is Creating Jobs in Africa, But Not the Jobs You May Think

Yesterday at 17:22 PM, via iAfrica

Artificial intelligence is moving from experimentation to operational deployment across African enterprises, reshaping both how organisations function and the types of roles being created, according to Cloud23, a Johannesburg-based enterprise software and AI advisory firm. Cloud23 works across multiple African markets and provides enterprise digital transformation and AI implementation services...

The AI Productivity Paradox: How SA Companies Can Lead the Way and Avoid “AI-Washing”

Yesterday at 17:17 PM, via iAfrica

As global headlines increasingly report AI-driven layoffs in the US and other major markets, and companies pause hires and leave roles unfilled while expecting remaining team members to absorb the workload, South African employers and employees alike are considering what the impact of the trend might be once it fully hits our shores. The reality […]

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