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Walmart to open first South Africa stores
Semafor Sep 10, 2025

Walmart to open first South Africa stores

Walmart’s presence has previously been through its ownership of Massmart, a group with a portfolio of 300 stores in eight sub-Saharan African countries.

South Africa records rapid economic growth
Semafor Sep 10, 2025

South Africa records rapid economic growth

The continent’s largest economy grew 0.8% in the three months to June, compared with the previous quarter, driven by manufacturing and mining.

Saudi speeds up Riyadh, Red Sea gigaprojects
Semafor Sep 10, 2025

Saudi speeds up Riyadh, Red Sea gigaprojects

Nearly half of the kingdom’s development plans are tied to the sovereign wealth fund’s five gigaprojects: NEOM, Diriyah, ROSHN, Red Sea, and Qiddiya.