Will Telsa Build a Battery Facility in South Africa in 2025?
Plus: MTN exits Guinea-Conakry and South Africa pushes tax breaks for EVs
In The News This Week:
Elon Musk Eyes South Africa for Starlink, Tesla Battery Facility
Elon Musk, CEO of SpaceX and Tesla, is in talks with South African President Cyril Ramaphosa about a potential deal to bring Starlink satellite internet services to the country, with Tesla possibly establishing a battery production facility.
South Africa Enables Tax Breaks to Promote Electric Vehicle Production
South Africa is courting Chinese investment in its R500-billion automotive industry after President Cyril Ramaphosa signed a tax break into law to promote electric and hydrogen-powered vehicles.
Enakl, Morocco’s Urban Mobility Startup, Secures Investment from Renew Capital to Scale Across Africa
Enakl, an innovative urban mobility startup based in Morocco, has received investment from Renew Capital to scale its subscription-based transport platform across Africa.
In the rest of the news:
Cassava Technologies Secures $90M to Bolster Digital Infrastructure in Africa
Ghana’s Inflation Rises for Fourth Straight Month, Grows to 23.8%
Logistics Startup Gokada Files for Chapter 11 Bankruptcy Amid Financial Struggles
Kenya Proposes Increase in Licensing Fees for Satellite Internet Providers
Ghana’s Environmental Protection Bill 2024 Passed by Parliament
Ghana’s Tech Ecosystem Raised an Estimated $68 Million in 2024
Africa Ecosystem Activity
Tech Events in 2025
Mark your calendars, because in 2025, these tech gatherings promise to ignite ideas, forge connections, and propel the continent’s tech revolution forward.
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