Furaha keeps 100,000 Ugandan children in school, targets 10 million across Africa by 2030

Source: APO

Furaha (www.FurahaFinancial.com) has today announced that it has supported parents keep 100,000 Ugandan children in school through purpose-driven financing, marking a significant milestone for the technology platform and its approach to expanding access to education financing.

That milestone reflects a broader challenge: UNESCO estimates that sub-Saharan Africa accounts for nearly 40% of the world’s out-of-school children (https://apo-opa.co/3U7k4Wg). A significant driver remains the cost of education being compounded by a mismatch between school fees deadline and family household income cycles. Furthermore, parents without conventional credit histories, collateral or formal payslips may also struggle to access formal credit to plug this gap.

Furaha is supporting these parents to keep their children in school. Incubated by SC Ventures, Furaha provides an advanced lending platform and expertise to its partner banks – Diamond Trust Bank Uganda, Cairo Bank Uganda, Opportunity Bank and FINCA Uganda – to support end-to-end customer onboarding and KYC, credit scoring using alternative data, loan disbursal and collections. This enables parents to access short-term credit at affordable interest rates. Furaha is the first lending fintech in Africa to channel affordable financing from commercial banks towards addressing the large need for education financing.

“Millions of parents have never been seen by traditional credit systems, not necessarily because they can’t repay, but because the data needed to assess them has not existed in one place,” said Yustus Aribariho, Co-founder, Furaha. “By bringing together mobile-money, school-payment and other alternative data, we can give financial institutions a broader view of customers and create more opportunities to serve parents whose financial lives are not always captured by traditional credit systems.”

Since launching in Uganda in 2024, Furaha has brought together banks, telecommunications companies and school-fee payment platforms, including FINCA Uganda, Diamond Trust Bank Uganda, Cairo Bank Uganda, Opportunity Bank, MTN, Airtel, SchoolPay, SurePay and PegPay.

“Our conviction was that no single institution could independently keep children in school every term, but an ecosystem could,” said Ian Fernandes, co-founder of Furaha. “Our role was to connect all these players in one place, making it easier for parents to meet school-fee obligations and keep their children in school, regardless of how they earn.”

Progress toward Sustainable Development Goal 4 remains uneven. UNESCO’s 2026 Global Education Monitoring Report (https://apo-opa.co/3TIhZQl) notes that while enrolment across sub-Saharan Africa has expanded substantially, the number of children out of school continues to rise, and that no single reform is sufficient on its own. Financing addresses one barrier to school attendance; it is not a solution to every cause of exclusion.

“Our ambition is to support 10 million children to access quality education across Africa by 2030,” said Dennis Musinguzi, CEO at Furaha. “The 100,000-child milestone is an important proof point, but it is not the destination. It shows us that there is an opportunity to build a model around real needs and take what works to more families and more African countries.”

Distributed by APO Group on behalf of Furaha.

For more information, please contact:
hello@furahafinancial.com    
+256 (0) 326 220 200
1 Kololo Hill Drive, Kampala, Uganda

About Furaha:
Furaha Financial is a Ugandan company that provides technology for purpose-based financing. It connects parents, financial institutions, schools and payment partners to make education financing more accessible. For more information, visit www.FurahaFinancial.com.

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Santiago Bernabéu Stadium Renovation Advisor Carlos Carrión Joins African Collaborations Group (ACG) Advisory Board to Advance Sport and Entertainment Districts Across Africa

Source: APO

African Collaborations Group (ACG) (www.ACGafrica.com), the leading strategic project origination and collaboration platform focused on the industrialisation of sport in Africa through the origination of bankable sport and entertainment district ecosystems, today announced the appointment of Carlos Carrión to its Advisory Board.

Mr Carrión is Partner and Director of Sports & Entertainment at Senn Ferrero, one of the world’s leading advisory firms in sports and entertainment. He also serves as External Advisor to a top-tier European football club, a role he has held since 2018, and brings more than 30 years of professional experience across four continents in the design, business modelling, financing, operation and commercialisation of sport and entertainment venues, having worked at senior level in both multinational corporations and international advisory.

Mr Carrión played a central advisory role in the €600 million redevelopment of the Santiago Bernabéu Stadium, one of the most ambitious stadium transformations of the modern era. The Bernabéu redevelopment redefined what a 21st-century venue can be: an integrated, mixed-use, digitally-enabled facility engineered to generate revenue both on match and non-match days, and designed around mobility, transport, payment and socio-economic data streams that shaped its facility design, operating model and long-term commercial performance. Mr Carrión’s work on the project drew on a career-long study of over 300 venues worldwide, and hands-on advisory work with more than a dozen of them across three continents.

His broader career combines senior positions as head of marketing and sponsorships for globally recognised brands in telecommunications and banking, participation in the international development team of one of Europe’s most prominent football clubs, and consulting engagements across football, Formula 1, MotoGP, Formula E, basketball and other major sport properties. He holds a degree from IE (Instituto de Empresa) and brings a strong marketing, corporate communications, finance and business development background to his advisory work.

His appointment to the ACG Advisory Board brings to the platform the world’s most current and directly relevant expertise on the design, financing and business modelling of large-scale, mixed-use sport and entertainment venues — the very ecosystem logic that ACG is applying at district scale across the African continent. Where the Santiago Bernabéu has become the reference for what a modern, data-driven, revenue-diversified urban sport venue can be, ACG is originating the equivalent thinking at district scale for African markets: not single venues, but integrated, mixed-use, financially sustainable ecosystems that generate value across match, non-match, entertainment, hospitality, retail and community uses.

His appointment brings to the ACG Advisory Board an exceptional combination of venue design and operational expertise, deep experience across four continents and multiple sport properties, hands-on advisory to some of the most valuable sport organisations in the world, and a proven track record on one of the most significant venue redevelopment projects of the past decade — capabilities directly relevant to originating and structuring large-scale sport and entertainment district projects across the African continent.

“Carlos Carrión brings to our Advisory Board a genuinely rare capability: the current, hands-on expertise of building the world’s most advanced sport venue ecosystem. The Santiago Bernabéu redevelopment is the reference project for what a 21st-century venue and its business model can be, and the doctrine that shaped it — mixed use, data-driven, revenue-diversified, designed for match and non-match days alike — is exactly the doctrine ACG is applying at district scale across the African continent. His presence on our Advisory Board significantly strengthens ACG’s technical, commercial and design capabilities as we originate bankable district ecosystems in African markets,” said Nicolas Pompigne-Mognard (www.Pompigne-Mognard.com), Founder and Executive Chairman of ACG.

The ACG Advisory Board provides strategic guidance as ACG originates and structures large-scale sport and entertainment district projects across the continent, aligning governments, development finance institutions (DFIs), investors, sport bodies and infrastructure partners to support the development of financially sustainable, mixed-use district ecosystems.

Africa’s sport economy is projected to reach $20 billion by 2035, yet the continent continues to lack the integrated district ecosystems required to support large-scale development. ACG addresses this gap by originating bankable sport and entertainment district projects, moving beyond single-venue development models towards mixed-use, revenue-generating and financially sustainable district ecosystems.

Through its collaborative model, ACG convenes governments, PPP authorities and regulators, development finance institutions, private investors, developers, designers and engineers, legal and transaction advisors, operators, sport federations and leagues, event promoters, media and broadcast partners, academic institutions and host communities, creating structured pathways from concept to feasibility, bankability and delivery.

Distributed by APO Group on behalf of African Collaborations Group (ACG).

Media contact:
marie@apo-opa.com

About African Collaborations Group (ACG):
African Collaborations Group (ACG) (www.ACGafrica.com) is the leading strategic project origination and collaboration platform focused on the industrialisation of sport in Africa through the origination of bankable sport and entertainment district ecosystems. By convening governments, private-sector partners, development finance institutions, sport and entertainment stakeholders, and academic institutions, ACG creates structured pathways that transform concepts into investable and deliverable district projects across the continent.

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eThekwini hits the ground running for Transport Month

Source: Government of South Africa

eThekwini hits the ground running for Transport Month

The eThekwini Municipality will roll out a series of road safety campaigns, community engagements and public transport activations throughout October as part of Transport Month.

The activities form part of the national Transport Month campaign, which highlights the importance of an efficient transport system in connecting people to jobs, services and economic opportunities.

The municipality’s programme focuses on promoting safer road use, improving awareness among commuters and pedestrians, and providing communities with information on the city’s integrated public transport plans.

Community road safety campaigns are scheduled to take place in Inanda, Ntuzuma and KwaMashu on Wednesday and Umlazi on 21 October, where residents will be engaged on responsible road use and ways to improve road safety.

The municipality will also conduct pedestrian awareness campaigns at key locations including Berea Centre, the Workshop Precinct, Mega City and Toti Mall.

“These activations aim to encourage safer pedestrian behaviour, while creating awareness about the shared responsibility of all road users in reducing accidents and improving mobility,” the municipality said in a statement.

As part of efforts to strengthen public transport, GO!Durban roadshows will be held across the Greater North, Durban Central, Durban West, South 1 and South 2 regions.

GO!Durban is eThekwini Municpality’s envisioned Integrated Public Transport Network.

The roadshows will provide communities with information about the benefits of GO!Durban and the planned integrated transport network, including how it is intended to improve connectivity and access to opportunities across the city.

Taxi rank activations will also take place in the Durban CBD, Isipingo, Mega City and Pinetown, and will bring transport-related information and services directly to commuters.

Other activities planned for the month include the Vehicle Operating Company Establishment Stakeholder Event, the launch of the Razo mascot and the GO!Durban soft launch later in October.

“Through these activities, the eThekwini Municipality aims to promote safer roads, strengthen public transport awareness, and showcase the role of transport in building a connected, inclusive, and economically vibrant city,” the statement read. – SAnews.gov.za

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KZN steps up drive to unblock freight and logistics bottlenecks

Source: Government of South Africa

KZN steps up drive to unblock freight and logistics bottlenecks

KwaZulu-Natal Premier Thami Ntuli has called for stronger government-private sector collaboration to address bottlenecks in the province’s freight and logistics network. 

Speaking at the ‘UnBlocked: Focus on Freight’ engagement held recently at Moses Mabhida Stadium in Durban, Ntuli emphasised the importance of the freight and logistics sector to the province’s economy and the need to ensure infrastructure and systems that support trade operate efficiently. 

The engagement brought together representatives from government, the freight and logistics industry, ports and business to discuss challenges affecting the movement of goods through KwaZulu-Natal, and identify practical interventions to improve the province’s logistics network.

Discussions focused particularly on congestion at the Port of Durban, freight movement, supply chain efficiency and the need for stronger cooperation between government and the private sector. 

Ntuli said addressing these challenges is critical, given KwaZulu-Natal’s strategic position in South Africa’s logistics network, with the Port of Durban and major road freight corridors providing important links between businesses, domestic markets and international trade. 

“Efficient freight movement remains critical not only to logistics operators, but also to manufacturers, exporters, retailers and other businesses that depend on reliable supply chains. 

“Addressing congestion and improving the movement of goods, therefore, has broader implications for investment, economic competitiveness, job creation and the cost of doing business in KwaZulu-Natal,” the Premier said.

The engagement provided freight operators and other industry stakeholders with an opportunity to raise challenges experienced across the supply chain, directly with government representatives.

Discussions focused on practical and sustainable measures to reduce congestion, improve the movement of goods, and strengthen the reliability and efficiency of logistics operations in the province.

Ntuli stressed that solutions to the challenges facing the freight sector will require sustained collaboration between the public and private sectors.

The engagement also reinforced the importance of ensuring that discussions between government and industry translate into practical interventions capable of improving the performance and reliability of the province’s logistics system.

The Premier said engagements, such as UnBlocked, are important in ensuring that discussions between government and industry translate into practical interventions that remove constraints to economic activity and strengthen KwaZulu-Natal’s position as a major trade and logistics hub. – SAnews.gov.za

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Five suspects arrested for kidnapping and murder

Source: Government of South Africa

Five suspects arrested for kidnapping and murder

Five suspects will appear in court soon following the kidnapping and murder of a 31-year-old man in Phase 7, Bloemfontein, in the Free State.

In a statement, the South African Police Service (SAPS) said the incident took place in the early hours of Sunday.

“It is alleged that the deceased was drinking with friends when an argument broke out with a group of strangers. The suspects … reportedly forced the victim into a black vehicle and drove away with him. 

“At approximately 6am, the victim was found lying supine on a street in Phase 7 with multiple stab wounds to his face and deep wounds to his left cheek. A large rock and a small spanner were found near the body. Paramedics declared him dead at the scene,” the police said.

A dedicated task team, led by Bloemspruit Detectives, was established to follow up on leads leading to the arrest of the five, aged between 21 and 34.

The Provincial Commissioner, Lieutenant General Thabang Solomon Lesia, has commended the task team for their rapid response and successful arrests.

“The swift apprehension of these suspects sends a clear message that we will not tolerate lawlessness or the brutalisation of our citizens. As the South African Police Service, we remain dedicated and steadfast in our mission to ensure that perpetrators of such violent crimes face the full might of the law,” said Lesia.

The suspects face charges of murder and kidnapping. – SAnews.gov.za

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Transnet Rail Infrastructure Manager granted three-year safety permit

Source: Government of South Africa

Transnet Rail Infrastructure Manager granted three-year safety permit

The Transnet Rail Infrastructure Manager (TRIM) was granted a three-year safety permit by the Railway Safety Regulator (RSR) following a rigorous regulatory assessment of safety management systems, governance arrangements, risk management processes, and controls required to manage safety across the rail infrastructure under its responsibility. 

The three-year permit provides further regulatory confidence in TRIM’s systems and processes to safely manage the national rail network and strengthens the safety foundation required to support South Africa’s rail reform programme.

“While the three-year safety permit represents significant progress, TRIM recognises that railway safety requires continuous improvement. The organisation will continue strengthening its safety management systems, managing operational and infrastructure risks, monitoring safety performance and working closely with the RSR and railway operators to maintain a safe operating environment,” Transnet said in a statement on Monday.

Since its establishment, TRIM has operated under the required regulatory safety permitting framework. 

At inception, the organisation was granted a temporary safety permit, providing the necessary regulatory authorisation while TRIM established and strengthened its safety management systems and institutional arrangements. 

The granting of the three-year safety permit therefore marks the progression from this initial permitting phase and reflects TRIM’s continued maturation as South Africa’s independent rail infrastructure manager.

The milestone comes at the peak of South Africa’s rail reform journey, as the freight rail sector transitions towards a more open and multi-operator environment. TRIM is central to this transition as the infrastructure manager responsible for enabling fair and non-discriminatory access to the rail network while maintaining the integrity, reliability and safety of the infrastructure.

With new Train Operating Companies (TOCs) gaining access to the network, Transnet said effective management of safety interfaces between TRIM and train operators becomes increasingly important. 

A strong and independently regulated safety framework is therefore fundamental to ensuring that increased participation on the network is supported by appropriate governance, risk management and operational controls.

“Opening the rail network to greater participation brings significant opportunities for South Africa’s freight logistics system, but these opportunities must be enabled through a railway environment that is managed safely and responsibly. The granting of a safety permit by the RSR provides confidence in the systems TRIM has established as the infrastructure manager and highlights that safety remains central to how we enable rail reform,” said TRIM General Manager for Safety, Andiswa Dlanga. –SAnews.gov.za

 

 

 

 

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SAWS advises of scattered showers and thundershowers

Source: Government of South Africa

SAWS advises of scattered showers and thundershowers

The South African Weather Service (SAWS) says a surface trough will be semi-permanent over the western interior of the country this week, while a surface high-pressure system will extend its ridge into the southern and eastern parts.

This will result in isolated to scattered showers and thundershowers in places over the south and east.

On Monday, the weather will be partly cloudy, windy and cool to warm, with isolated showers and thundershowers.

The weather service said there are no severe weather warnings.

Members of the public and stakeholders are strongly urged to continuously monitor official SAWS forecasts and warnings, as these will be updated as the likelihood and severity of impacts become clearer.

The public is also advised to remain cautious of unauthorised or unverified information sources and refrain from distributing such information further. –SAnews.gov.za

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Qatar Condemns Israeli Violations in Syrian Territory, Completion of Work on So-Called "Sufa 53" Line

Source: Government of Qatar

Doha – October 04, 2026

The State of Qatar strongly condemns the Israeli occupation’s relentless violations in Syrian territory, the latest of which was the completion of work on the so-called “Sufa 53” line.

It describes the move as a flagrant violation of the sovereignty of the brotherly Syrian Arab Republic, a brazen breach of the principles of international law, and a grave threat to regional security.

The Ministry of Foreign Affairs calls on the international community to act urgently to compel the Israeli occupation to comply with the resolutions of international legitimacy, particularly the ceasefire agreement signed in 1974, and to cease its repeated offensives in Syrian territory to preclude further escalation and tension in the region.

The Ministry reiterates the State of Qatar’s full support for Syria’s sovereignty, independence and territorial integrity and affirms its solidarity with the brotherly people of Syria in their pursuit of security, stability and prosperity.

Ntshavheni reaffirms B-BBEE as key instrument for economic redress

Source: Government of South Africa

Ntshavheni reaffirms B-BBEE as key instrument for economic redress

South Africa’s Broad-Based Black Economic Empowerment (BBBEE) policy remains an important tool to address the injustice of Apartheid, Minister in the Presidency Khumbudzo Ntshavheni said.

“Apartheid was declared a crime against humanity. It was also an economic crime. Families were forcibly removed from their land. Workers were barred by law from skilled jobs.

“Black children were given an education designed to keep them in servitude. In 1994, South Africans chose redress over retribution. B-BBEE is an instrument of that choice, and section 9(2) of the Constitution requires it. Redress is a constitutional obligation, not a bargaining chip. And it is working. Behind every figure is a South African whose life has changed,” she said.

Speaking to IOL, the Minister said 3.4 million black South Africans belong to a middle class their parents were barred from by law, with R400 billion a year in spending power.

According to the Broad -Based Black Economic Empowerment Amendment Act, BBBEE means the viable economic empowerment of all black people [including], in particular, women, workers, youth, people with disabilities and people living in rural areas, through diverse but integrated socio-economic strategies that include, but are not limited to, increasing the number of black people that manage, own and control enterprises and productive assets, among others.

Equity Equivalent Investment Programmes
She added that through the Youth Employment Service, created under the B-BBEE framework, some 240 000 young people have been given a full year of paid work, earning R15 billion in salaries. 

More than half are young women. And through Equity Equivalent Investment Programmes [EEIP] alone, global companies have created more than 2 000 jobs, backed 87 black-owned businesses, almost half of them owned by black women, and trained more than 2 500 people.

In his newsletter to the nation in June last year, President Cyril Ramaphosa said the EEIP was created to accommodate multinationals whose global practices or policies prevent them from complying with the B-BBEE ownership element through the ‘traditional’ sale of equity or shares.

The programme allows multinationals to invest in socio-economic, skills and enterprise development in South Africa without selling equity in their local subsidiaries.

The Minister added that this progress has not come at the expense of white South Africans, who continue to prosper in our economy.

“It belongs to the whole nation,” she said, adding that for many, the promise of 1994 is not yet fulfilled.
This as 23.1 million black South Africans remain outside of the fruits of the economic prosperity.  A typical black African worker earns R5 200 a month, and the typical white worker earns R25 000.

“To abandon redress now would be to tell these South Africans that their freedom ends at the ballot box.”
The Minister stressed that B-BBEE is not a precondition for investing in South Africa and that it applies where a company requires a licence from the state, such as in mining and ICT.

Multinationals whose policies, on the proof thereof, do not allow them to sell local equity can comply through EEIPs.

She added that South Africa is a founding member of the World Trade Organization and a non-aligned country.

“Non-discrimination is a principle we hold to. Every investor plays by the same rules in our country, wherever they come from,” she said.

Requirements and flexibility
On ownership requirements in the mining industry, these are not arbitrary.

Under the Mineral and Petroleum Resources Development Act, South Africa’s minerals are the common heritage of all South Africans, held by the State as custodian.

“Those who extract them must share the benefit with the people who own them. Multinationals that do not wish to sell equity have a clear alternative in EEIPs,” she added.

There is also flexibility across sectors of the economy, with each sector having a set of Sector Codes governed by a charter council that negotiates their flexibilities within agreed-upon frameworks applicable to that respective sector.

“Under the B-BBEE Codes, a multinational that cannot sell local equity, by virtue of their policies, can instead make an equivalent contribution to black-owned enterprises and suppliers, skills development and other national priorities through an EEIP. Cabinet has also supported a review of the framework to strengthen it for transformation and growth,” she explained.

Companies that comply with B-BBEE through Equity Equivalent Investment Programmes and investing in black-owned businesses and skills instead of selling equity include Dell, Microsoft and HP.

“Others continue to expand: Microsoft has announced a R5.4 billion investment in local cloud and AI [artificial intelligence] infrastructure, and the US International Development Finance Corporation has invested $50 million in the Phalaborwa rare earths project. Amazon Web Services is investing in cloud infrastructure over several years,” she explained.

Serving development
She added that South Africa determines its domestic policy on the basis of the best interests of citizens.

“Our energy, telecommunications and mining rules are made by South Africans, under our Constitution, to serve our development.”

This as the country provides fair market access for all partners.

Ntshavheni said while South Africa wants foreign capital, it wants it to build processing, beneficiation and manufacturing capacity on home soil.

“That is investment with development, not investment at the expense of development. Our minerals belong to the people of South Africa and must work in their interest. Investors who help build these value chains here are partners in that project, and we are actively seeking them.”

She explained that the Department of Trade, Industry and Competition (dtic) is already taking investors through what the policy provides, including its flexibilities, and engages companies on individual transactions.

“B-BBEE ensures that growth is shared, and that is what makes it sustainable,” she told IOL. –SAnews.gov.za

 

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President Ramaphosa  participates in AU Mid-Year Coordination Meeting in Egypt

Source: Government of South Africa

President Ramaphosa  participates in AU Mid-Year Coordination Meeting in Egypt

El-Alamein, Egypt– President Cyril Ramaphosa on Sunday participated in the plenary of the 8th African Union (AU) Mid-Year Coordination Meeting in his capacity as Chairperson of the Southern African Development Community (SADC).

Held in El-Alamein, the Arab Republic of Egypt, the meeting brought together African leaders to deliberate on key continental priorities, including strengthening regional integration, advancing the implementation of the African Continental Free Trade Area (AfCFTA), accelerating infrastructure development and addressing peace and security challenges across the continent.

Progress in implementing the division of labour between the African Union, Regional Economic Communities and Member States, alongside efforts to strengthen peace, security and economic cooperation across the continent, were the issues the meeting would discuss, the Presidency said in a post on social media platform X.

READ | President arrives in Egypt for AU meeting 

In a statement, Chairperson of the AU Commission, Mahmoud Ali Youssouf,  said the meeting remains a critical platform for strengthening cooperation between the AU, Regional Economic Communities (RECs) and Regional Mechanisms (RMs)for harmonising efforts towards the implementation of Africa’s continental integration agenda.

Against a complex and rapidly changing global geopolitical environment, the Chairperson stressed the need for Africa to deepen its collective reflection and strengthen its capacity to respond to the challenges affecting peace, security, stability & socio-economic development across the continent.

He further emphasised that, while important progress has been made, institutional operational obstacles continue to constrain regional and continental integration.

“The second decade of Agenda 2063 requires renewed political commitment, stronger coordination & effective implementation of the continental frameworks & instruments already adopted, and a clearer division of labour between the Union, RECs and RMs is essential. 

“Such a division must be based on solidarity, complementarity and comparative advantage, while avoiding duplication and ensuring that collective efforts are directed towards tangible results for African citizens,” said the AU.

The Chairperson reaffirmed the commitment of the AU Commission to working with Member States, RECs & RMs to strengthen peace & stability across the continent.

Youssouf also highlighted the importance of strengthening Africa’s financial architecture and mobilising predictable, sustainable and sufficient resources for the implementation of Agenda 2063.

In his remarks, the President of Egypt, Abdel Fattah El Sisi, welcomed African leaders & delegations to Egypt & stressed the importance of strengthening coordination between the AU, RECs & RMs.

“President El Sisi emphasised that coordination must serve a practical purpose: moving Africa from fragmented efforts towards greater integration, & from shared aspirations towards concrete, implementable projects that deliver tangible benefits to African peoples,” said the African Union.

Bilateral meetings
Meanwhile, on the margins of the AU Mid-Year Coordination Meeting, President Ramaphosa held a bilateral meeting with Chairperson Youssouf.

The engagement provided an opportunity for the two leaders to discuss issues of mutual interest and strengthening cooperation in support of Africa’s integration agenda.

The President also held a bilateral meeting with President El-Sisi to discuss issues of mutual interest and strengthen relations between South Africa and Egypt.

The meeting provided an opportunity for the two leaders to reaffirm the importance of bilateral cooperation and explore areas of shared interest within the broader context of African development and regional collaboration. –SAnews.gov.za 

 

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