African Development Bank (AfDB) head Dr. Akinwumi A Adesina is in Johannesburg at the start of a three-day official visit to South Africa
Finance
Inospace forms last-mile logistics joint venture with Fortress Reit

The combined portfolio spans a total lettable area of 200,000 sq m, with more than 600 tenants. (Image source: Adobe Stock)
South Africas leading owner and operator of branded business parks, Inospace, has announced the conclusion of a partnership with Fortress Reit Ltd
FTX announces partnership with AZA Finance to expand Web3 in Africa

The companies will work together to expand Web3 in Africa by connecting African markets to the global Web3 economy. (Image source: Adobe Stock)
FTX has announced partnering with AZA Finance to expand the adoption of Web3 and digital currencies in Africa.
Hapag-Lloyd to acquire DAL’s container liner business

DAL is an established liner shipping company for the transportation of containerised cargo. (Image source: Adobe Stock)
Hapag-Lloyd and German carrier Deutsche Afrika-Linien (DAL) have signed a framework agreement under which Hapag-Lloyd will acquire the container liner business of DAL
Investors predict Africa’s internet economy is set to boom

One in four professional investors believe the African internet economy will double by 2025. (Image source: Adobe Stock)
Professional investors are forecasting strong growth in the value of Africa’s internet economy with mobile phones central to the expansion