Hyprop-owned centre brings international retail giant to West Rand, creating 80+ jobs Clearwater Mall, owned and managed by Hyprop Investments, will become home to South Africa’s first Walmart store, marking the American retail giant’s debut entry into the local market. The announcement transforms Clearwater Mall’s retail offering and introduces Walmart’s distinctive “Every Day Low Prices” model to South African consumers. Unlike traditional sale-driven retail, shoppers will benefit from stable pricing across thousands of products year-round, eliminating the need to wait for promotional periods. “Being selected as the location for South Africa’s first Walmart store demonstrates the strength of our retail…
Author: Montage Africa
Regulatory transformation and its impact on IPPs, PPAs, and energy investment to be discussed at the IPP & PPA Conference – a side event to the Africa Energy Indaba 2026 The launch of the South African Wholesale Electricity Market (SAWEM) marks a historic turning point in the country’s energy sector, paving the way for competitive electricity trading, private sector participation, and a modernised energy economy. This landmark regulatory reform will be a central topic at the upcoming IPP & PPA Conference, hosted as a side event to theAfrica Energy Indaba taking place from 3 – 5 March 2026 at the Cape Town International Convention Centre. For the first…
Nigeria is exploring the sale of its state-owned refineries to boost competition in a market dominated by Aliko Dangote’s massive 650,000-barrel-a-day refinery. The country’s four state-owned refineries, with a combined capacity of 445,000 barrels per day, have been largely inoperable for years despite repair efforts totaling billions of dollars. A presidential energy adviser confirmed that privatization is a key option to reviving the refineries, particularly after subsidies were removed, creating a more open market. Meanwhile, the Nigerian National Petroleum Company is simultaneously seeking technical equity partners to operate the plants. This strategy aims to transform the nation’s oil industry, ensuring it becomes…
By Rédaction Africanews with AP Uganda-born Zohran Mamdani won a resounding victory on Tuesday to become New York City’s next mayor. It caps the Democrat’s stunning ascent from little-known state lawmaker just a year ago to one of the most talked-about politicians in the country. The democratic socialist, who spent some of his formative years in South Africa, will be the first Muslim leader in the city’s history. In a speech to a crowd of supporters on Tuesday night, he wasted no time in calling out United States President Donald Trump. “So Donald Trump, since I know you’re watching, I…
By Rédaction Africanews and Agencies Mauritania’s former president, Mohamed Ould Abdel Aziz, has lost his final appeal of a 15-year prison sentence for corruption while in office. Abdel Aziz was initially sentenced to five years in prison in 2023 after being found guilty of amassing assets and capital worth 70 million dollars through illicit means. His lawyers argued that the trial was politically motivated but a first appeal of his conviction was rejected in May 2025 and his sentence increased by 10 years. After seizing power in a 2008 coup, Abdel Aziz was twice elected president and served from 2009 to 2019…
By Rédaction Africanews and EBU A new hospital designed to deliver the latest medical services across Morocco has been inaugurated in Rabat by King Mohammed VI and Crown Prince Moulay El Hassan. The Mohammed VI International University Hospital Complex includes the Mohammed VI International University Hospital of Rabat and the Mohammed VI University of Science and Health. The facility will ensure that healthcare workers are trained according to the latest scientific and technical advancements to the highest international standards. The unveiling comes just weeks after massive demonstrations across Morocco, where protesters accused the government of corruption and prioritising international sporting…
By Rédaction Africanews with AP The first civil trial related to the crash of a Boeing airplane in Ethiopia was set to proceed in the United States on Wednesday, six years after the disaster killed all 157 people on board. Boeing has settled most of the dozens of wrongful death lawsuits that families of the victims filed against the company, but a federal court jury was selected on Tuesday in two of the remaining cases. Lawyers for the families and the US aircraft maker were scheduled to give their opening statements on Wednesday in a Chicago court. The trial will not examine the company’s liability,…
A G20 taskforce set up by South African President Cyril Ramaphosa is urging the establishment of an international panel to address what experts are calling a global “inequality emergency.” The Extraordinary Committee of Independent Experts on Global Inequality, chaired by Nobel laureate Joseph Stiglitz, highlighted alarming disparities in a new report: the richest 1% have captured 41% of new wealth since 2000, while the poorest half of the population has gained only 1%. The report warns that rising inequality threatens democracy, economic stability, and social cohesion, worsened by crises like COVID-19 and the war in Ukraine. The proposed panel, modeled after…
Written by Ethel Cofie, Everyone loves to talk about Africa’s next unicorn. The headlines are easy: billion-dollar fintechs, super-apps, AI startups promising to transform everything from health to payments. But beneath the hype lies a quieter truth; without fibre networks, subsea cables, and data centres, none of these digital miracles can exist. Infrastructure is the invisible architecture that holds the digital economy together. Africa’s future unicorns won’t be born from hype, they’ll be born from bandwidth. The Silent Foundation of Innovation Across the continent, the connectivity gap remains one of the costliest constraints on growth. Internet penetration stands at around 40%,…
By Rédaction Africanews with AP In the Iraqi capital, Baghdad, the United States vice president, Dick Cheney, who passed away on Monday has not been remembered fondly by residents. He was the driving force behind the US invasion of the country in 2003 warning of the danger from its alleged stockpile of weapons of mass destruction. No such weapons were ever found. “I don’t think that any American official has a good memoir inside Iraq, or that any Iraqi remembers them in a good way, especially Dick Cheney, in which he contributed largely to undermining the stability in the Middle…