News
Growing Ride-hailing Sector to Boost Vehicle Sales

While vehicle sales in Sub-Saharan Africa (SSA) are expected to continue on a downward spiral this year, the burgeoning ride-hailing industry in the region offers automakers and car dealers an opportunity to develop a new sales market.

This is according to the Sub-Saharan Africa Autos Report, compiled by credit intelligence provider Fitch Solutions, which provides a landscape of vehicle sales in the region, trends and a forecast for the market.
The report includes the Autos Sales Risk/Reward Index, which ranks the relative attractiveness of the market for vehicle sales activities, based on several ‘risks’ and ‘rewards’.
The report forecasts the region’s vehicle sales market is expected to slow by 5.6% year-on-year, from 930 000 units in 2021, as countries struggle to record full economic recovery, since the onset of the COVID-19 pandemic in Q1 2020.
This is still an improvement, compared to a contraction of 23.5% in 2020.
The commodity prices, along with high used vehicle prices (given the SSA market is dominated by imported used vehicles which are in short supply amid the global chip shortage), will see continued strong headwinds for vehicle sales, notwithstanding strong upside risk by the end of the year if currencies strengthen.
However, it notes the blossoming ride-hailing sector in the region has the potential to save the market, by becoming a key driver of a new vehicle sales vertical, as it allows for income earned through rides to contribute towards down-payments for new vehicles.
“Automakers and car dealers have an opportunity to tap into this sector by partnering with financial intermediaries, such as commercial banks and fintech start-ups, to offer tailor-made vehicle financing solutions intended for ride-hailing services.
“For example, in August 2021, Uber, along with Moove, raised $23 million to offer drivers and prospective vehicle owners financing options based on key metrics, such as the number of rides performed and income generated from rides completed.
“Vehicle repayments are then deducted from the borrower and the remainder of the balance is debited to the borrower’s Uber account. We believe this offers a less risky way for the financial sector to extend loans intended to purchase new ride-sharing vehicles in the region,” notes the report.
According to Fitch Solutions, the majority of markets in SSA are characterised by low incomes and high borrowing costs, which impedes the development of a new vehicle sales market.
In addition, liberal regulations with regards to the importation of used vehicles add more pressure to the development of a new vehicle sales market.
Under the ‘vehicle ownership per 1 000 people’ indicator in the Autos Sales Risk/Reward Index, the average number of vehicles owned in the region is 30. In 2021, the majority of countries in the region had 30 vehicle owners or less per population of 1 000 people, including SA (35), Botswana (50), Gabon (50), Zambia (20), Côte d’Ivoire (5), Namibia (25) and Angola (5).
While SA’s ride-hailing market is dominated by international players Uber and Bolt, over the past few years the industry has seen increased competition, with new African start-ups, such as InDriver, DiDi, NextNow, Taxi Live Africa and Africa Ride entering the market.
“The opportunities presented by the ride-hailing sector in SSA offer automakers and car dealers a source of demand for a wide range of vehicle types to tap into. For example, high passenger capacity ride-hailing services would give rise to demand for minibuses, by tapping into a market currently serviced by traditional and well-established but highly-informal transport operations,” notes the report.
It also highlights some short- to medium-term risks to the favourable outlook for ride-hailing in SSA. These come in the form of regulatory pushbacks from governments and retaliatory actions such as intimidation tactics against the deployment of ride-hailing services by existing public transport operators.
News
Experts Reveal a Steady Decline of High-severity Incidents Over the Years

According to the ‘Anatomy of a Cyber World: Global Report by Kaspersky Security Services’, there has been a noticeable decline in the percentage of high-severity incidents over the past few years.

While 2021 recorded the highest proportion at 14.3%, 2025 experienced the lowest in six years at just 3.8%. This trend indicates that many attack attempts were quickly detected and effectively mitigated by Kaspersky MDR experts, preventing their severity from escalating beyond medium levels.
High-severity incidents are defined as attacks involving direct human involvement that result in a significant impact on the customer’s IT infrastructure. In 2025, the number of such incidents detected by Kaspersky MDR decreased by 19% compared to 2024, highlighting improvements in early detection capabilities and more effective remediation efforts among Kaspersky MDR clients.
A detailed analysis of the root causes of these incidents in 2025 reveals the following insights:
Human-driven attacks accounted for approximately 23% of high-severity incidents. Although this represents a slight decrease from 2024, they continue to be the primary cause of serious breaches.
Kaspersky detected such attacks in nearly 21% of customers, demonstrating that motivated adversaries persist in bypassing automated defences. Despite advancements in automated detection tools, these highly skilled attackers still find ways to evade security measures.
Confirmed cyber exercises like Red Teaming made up over 23% of incidents. When activity is verified as part of security testing, it’s often classified as infrastructure false positives, though customers frequently report them as incidents.
Social engineering ranked third, responsible for over 15% of high-severity attacks and affecting nearly 18% of organisations. These are classified as high-severity when successful and not automatically remediated, often leading to security awareness recommendations.
Security policy violations constituted just under 14% of all cases, involving legitimate accounts performing suspicious actions like data exfiltration. Malware incidents represented less than 12%, while artifacts from past attacks, or APT traces, were found in over 7% of cases. Vulnerability detection, though not core focus for Kaspersky MDR, was reported in fewer than 5% of incidents.
“The decline in high-severity incidents highlights the critical importance of adopting a proactive cybersecurity strategy. Human-led solutions such as Managed Detection and Response (MDR) and Incident Response remain essential in combating sophisticated, human-driven threats.
To further enhance the effectiveness and efficiency of in-house security teams, organisations should incorporate advanced, automated solutions like Extended Detection and Response (XDR), which provide improved visibility and enable faster responses.
Additionally, leveraging SOC consulting services can assist in building a robust Security Operations Center from the ground up or optimising an existing one for maximum performance.
An integrated approach to hybrid security operations empowers organisations to detect threats early, contain them swiftly, and ultimately prevent severe breaches from occurring,” comments Sergey Soldatov, Head of Security Operations at Kaspersky.
News
Google, UpSkill Universe Relaunch Hustle Academy to Bring Free AI Skills to Africans

Google and UpSkill Universe, Sub-Saharan Africa’s leading AI and business skills training partner, have announced a major redesign of the Google Hustle Academy programme.

For the first time, the free training initiative is open to everyone, not just business owners. The new curriculum is focused on equipping individuals and entrepreneurs with practical AI skills.
Small businesses are the engine of Africa’s economy, creating over 80% of jobs on the continent. To help them grow, the Hustle Academy was launched in 2022, providing bootcamp-style training on business strategy, digital skills, AI, and leadership. The program has since trained over 18,000 SMEs, with many reporting increased revenue and job creation.
Now, as AI reshapes the job market, the program is evolving. The 2026 edition is built for anyone in Sub-Saharan Africa, including employees, students, and jobseekers, who wants to use AI to advance their career.
To meet the needs of a diverse audience, the new format includes short, 60-minute webinars and more immersive, high-impact bootcamps. These sessions are laser-focused on putting AI to work immediately in areas like digital commerce, marketing, and growth strategy.
Speaking about the academy, Gori Yahaya, Founder & CEO UpSkill Universe said “The 2026 Hustle Academy is designed to close the AI Skills gap with hands-on training that is short, focused, and immediately useful. AI is reshaping how businesses win and how careers are built, right across this continent.
“We’re excited to renew our partnership, now in its fifth year with Google, combining their global AI leadership with our deep regional AI expertise. The next wave of AI leaders will come from this continent. We are making sure they are ready.”
The Hustle Academy initiative has strengthened digital competitiveness across emerging African economies by enabling SMEs to move beyond AI awareness to practical implementation, positioning them for sustained growth in an increasingly AI-driven business environment.
“We believe that the future of Africa’s digital economy lies in the hands of individuals and entrepreneurs alike. Our new strategy focuses on scaling reach by training individuals in the latest AI-centered tools and techniques,” said a Google representative.
News
Lagos Govt Drags Top Firms to Court Over Billion-Naira Tax Debts

Lagos State has dragged 45 individuals and firms, including Bi-Courtney Aviation, DAAR Communications and Leaders & Company, to revenue court for tax debts running into billions of naira.

Lagos Govt
Bi-Courtney, operators of Murtala Muhammed Airport Terminal Two, faces N38.7 million claim; DAAR, behind Africa Independent Television, owes N22.4 million; ThisDay publishers Leaders & Company allegedly skip N67.1 million.
GMT Energy Resources tops corporates at N145.8 million, followed by Sheriff Deputies at N132.1 million; others like Heyden Petroleum, AA Rescue, BRT operator Primero also listed.
Individuals owe N13.5 million to N35 million each.
Attorney-General Lawal Pedro said suits followed ignored notices, aiming to enforce laws and fund infrastructure.
More defendants: IENG Nigeria, James Fisher, V Care Diagnostics, Venture Garden, Saro Africa, Barry Callebaut, Native Media, First Consulting, Eyowo Payments.
Compliant taxpayers post-notice escaped prosecution; defaulters risk penalties, interest, jail.
Pedro urged prompt filings and payments.
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