💻 Apple Introduces New MacBooks

Plus:💰 Weego raises $1.1M

Innovation Village
March 04, 2026

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Good Morning Valued Subscribers👋

GoTyme Bank is set to replace Pick n Pay in a strategic retail partnership shift that signals a recalibration of alliances within the digital banking and consumer retail space. The move marks a significant development in the evolving relationship between financial service providers and brick-and-mortar retail networks, where physical storefronts increasingly serve as onboarding and transaction hubs for digital-first banks.

The transition is expected to impact customer touchpoints, in-store banking kiosks, and co-branded financial services previously associated with Pick n Pay. As competition intensifies in the fintech sector, GoTyme’s decision underscores a broader effort to expand accessibility, optimise distribution channels, and strengthen its presence in high-traffic retail environments.

Let’s dive in👇

Today’s Menu ☕️

💻 Apple Introduces New MacBook Air with M5 and MacBook Pro Powered by M5 Pro and M5 Max
🏢Rank Appoints Lucky Djebah to Lead Investment Arm
👤Terra Industries Names Nnamdi Chife VP of Military Relations
🏦 GoTyme Bank to Replace Pick n Pay
💵 Deriv Partners PawaPay
🏍️Sixty60 Drives Shoprite’s R136.8bn Interim Sales

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💻 GADGETS

Apple Introduces New MacBook Air with M5 and MacBook Pro Powered by M5 Pro and M5 Max

Apple has expanded its Mac lineup with the launch of the new MacBook Air powered by the M5 chip and upgraded MacBook Pro models featuring the M5 Pro and M5 Max processors. The comes after the launch of the Apple 17e and iPad Air on Monday.

The new MacBook Air comes in two sizes — 13-inch and 15-inch models — and now ships with 512GB of base storage, doubling the entry-level of previous versions. The 13-inch model starts at $1,099, while the 15-inch version starts at $1,299...….continue reading

💰FUNDING

Weego raises $1.1M to transform urban mobility in Morocco and expand across Africa

Moroccan–Senegalese mobility startup Weego has secured $1.1 million in new funding, led by early‑stage venture capital firm Azur Innovation Fund. The fresh capital will accelerate Weego’s expansion across additional Moroccan cities and strengthen its transport solutions for corporate clients.

The investment also positions the company to scale its multimodal mobility platform and prepare for future entry into key markets across Africa, Europe, and the Middle East........….continue reading

🏢FINTECH

Rank Appoints Lucky Djebah to Lead Investment Arm

Rank has appointed Lucky Djebah as Executive Director of Investment to head its newly launched division, Rank Capital. The move signals Rank’s transition from a digital finance startup to a diversified financial institution offering wealth management and investment banking services.

Djebah, who brings over 15 years of experience from leadership roles at Anchoria Securities, Mainstreet Bank Securities, and Alpha Morgan Capital, will oversee portfolio management across equities, fixed income, and treasury products. His mandate includes building institutional-grade investment structures and delivering tailored solutions for high-net-worth and corporate clients.......….continue reading

🏦BANKING

GoTyme Bank to Replace Pick n Pay

GoTyme Bank will phase out its in-store kiosks at Pick n Pay by March 2026, replacing them with mall-based Customer Hubs as part of a broader retail strategy overhaul. The shift reflects changing customer behavior, with increased digital adoption and evolving shopping patterns prompting the bank to redesign its physical service model.

The new Customer Hubs, set to launch from March 2026, will provide more comprehensive, service-driven support, including personalized assistance, complex issue resolution, and on-site debit card issuance...................….continue reading

👤APPOINTMENTS

Terra Industries Names Nnamdi Chife VP of Military Relations

Terra Industries has appointed Nnamdi Chife as Vice President of Military Relations to deepen its engagement with Nigeria’s armed forces. The move follows Terra’s memorandum of understanding with Defence Industries Corporation of Nigeria (DICON) to co-develop and locally assemble drones, robotics platforms, and cybersecurity systems.

Chife, who holds a PhD in Peace and Conflict Studies, brings over 15 years of defence and security experience, including leading weapons-acquisition missions and founding security-intelligence firm Chive GPS. He previously served on Terra’s board in 2023. In his new role, he will oversee military partnerships, advise leadership on defence strategy, and support the execution of large-scale contracts................….continue reading

💵PAYMENTS

Deriv Partners PawaPay

Deriv has partnered with PawaPay to enable seamless mobile money deposits for users in eight African countries. Through PawaPay’s unified API, Deriv gains a single, compliant integration point to multiple mobile network operators, eliminating the need to manage fragmented connections across markets.

The collaboration addresses Africa’s complex payments landscape, where regulatory differences, technical fragmentation, and connectivity challenges often hinder international expansion. Since launching in 2025, Deriv has reported improved deposit success rates, more predictable settlement cycles, and smoother foreign exchange processes......….continue reading

🏍️DELIVERY SERVICES

Sixty60 Drives Shoprite’s R136.8bn Interim Sales

Shoprite Group reported a 7.2% increase in merchandise sales to R136.8 billion for the six months ended 31 December 2026, with its on-demand platform Checkers Sixty60 generating R11.9 billion in sales, up 34.6%. The platform’s expansion to 875 stores nationwide continues to strengthen the Group’s leadership in on-demand grocery delivery.

Within Supermarkets RSA, Shoprite and Usave delivered 5.1% sales growth despite slight deflation, while Checkers and Checkers Hyper recorded 8.9% growth supported by moderate internal price increases. Adjacent businesses such as Petshop Science, Uniq Clothing, Checkers Outdoor, and Little Me grew 70.9%, broadening the Group’s retail ecosystem and contributing to increased customer spend...............….continue reading