How Safaricom Accidentally Became Kenya’s Most Powerful “Bank” Through M-PESA
Kenya’s telecom giant Safaricom has become an unlikely cornerstone of the country’s financial system. According to its 2025 sustainability report,…
Category: International
Tony Elumelu Calls for Africa’s Inclusion in Global AI Revolution, Urges Action on Electricity and Capital Mobilization
Chairman of United Bank for Africa (UBA) and Founder of the Tony Elumelu Foundation, Tony Elumelu, has called for Africa’s…
Global Leaders Urge Fairer Economic Deals and Cooperation to Rebuild Global Growth
As the world grapples with rising fragmentation and mistrust, global economic leaders have called for urgent reforms to rebuild the…
Dollar Weakens as Fed Rate Cut Expectations Grow Amid U.S. Shutdown and Trade Tensions
The U.S. dollar continued its downward slide on Friday, pressured by renewed trade tensions, a prolonged government shutdown, and growing…
Nigeria Missing from Africa’s Fastest-Growing Economies List, Says IMF
Nigeria has been notably absent from the International Monetary Fund’s (IMF) list of Africa’s fastest-growing economies, with countries such as…
Africa Can Unlock $4 Trillion in Domestic Capital Through Trust, Accountability, and AI – Tony Elumelu
Africa has the potential to mobilize over $4 trillion in domestic capital, but unlocking this wealth requires trust, accountability, and…
IMF Forecasts Nigeria’s Debt-to-GDP Ratio to Drop to 35% by 2026 Amid Fiscal Reforms and Revenue Growth
Nigeria’s debt outlook is brightening as the International Monetary Fund (IMF) projects a steady decline in the nation’s debt-to-GDP ratio…
Ghana, World Bank deepen partnership to boost dev’t across five key sectors
Ghana has taken a major step toward deepening its economic development through a strengthened partnership with the World Bank. Finance…
Tony Elumelu Calls for Inclusive Digital Prosperity in Africa
Chairman of Heirs Holdings, Tony Elumelu, has called on African governments, financial institutions, and development partners to embrace artificial intelligence…
European Markets Mixed as Investors Weigh Economic Uncertainty and Earnings Outlook
European markets opened on a mixed note Thursday, reflecting ongoing volatility across global exchanges. The pan-European Stoxx 600 edged slightly…
Brent Crude Plunges 6% Amid US-China Trade Tensions, Struggles to Hold $62 Per Barrel
Global oil markets are facing renewed pressure as Brent crude prices fell more than 6% in October, struggling to maintain…
Google Gemini AI Now Helps Gmail Users Effortlessly Schedule Calendar Meetings
Google has rolled out a new AI-powered feature designed to make scheduling meetings in Gmail simpler than ever. The tech…
Apple Drops “Plus” from Apple TV: What the Rebrand Means for Streaming Fans
Apple has officially rebranded its streaming platform, dropping the “Plus” from Apple TV+. The streaming service will now be known…
AI Takes Centre Stage as Companies Boost Cybersecurity Investments, PwC Report Reveals
In a fast-evolving digital world, artificial intelligence (AI) has emerged as the top investment priority for global business and cybersecurity…
Asia Stocks Rebound Despite U.S.-China Trade Tensions as Investors Bet on Economic Resilience
Asian markets rallied on Wednesday, defying Wall Street’s overnight losses as investors brushed off escalating tensions between the United States…
African Finance Ministers Applaud Ghana’s GOLDBOD Model as Blueprint for Resource-Led Growth
At a high-level meeting on the sidelines of the 2025 IMF–World Bank Annual Meetings in Washington, Ghana’s innovative approach to…
IMF Raises Nigeria’s 2025 Growth Forecast to 3.9% Amid Oil Gains and Investor Confidence
The International Monetary Fund (IMF) has revised Nigeria’s 2025 economic growth forecast upward to 3.9%, citing a rebound in oil…
European Stocks Rebound as Traders Monitor U.S.-China Trade Tensions and French Political Moves
European markets opened higher on Wednesday, recovering from a two-week low as investors weighed renewed tensions between the United States…
Nigeria Champions $2 Trillion Commonwealth Trade Agenda at IMF, World Bank Meetings
Nigeria has joined other Commonwealth nations in a bold push to unlock a $2 trillion trade agenda aimed at boosting…
IMF Upgrades Nigeria’s 2025 Growth Forecast to 3.9%, Projects 4.2% in 2026 Amid Economic Reforms
The International Monetary Fund (IMF) has raised Nigeria’s economic growth forecast, projecting a 3.9% expansion in 2025 and a further…
California Leads Nation with Landmark AI Chatbot Safety Law to Protect Children and Vulnerable Users
California has become the first state in the U.S. to regulate AI companion chatbots, as Governor Gavin Newsom signed SB…
European Stocks Slip as Trade Tensions Resurface; Michelin Plunges 9% Amid Tariff Pressures
European markets opened lower on Tuesday, wiping out the week’s early optimism as renewed trade tensions between the United States…
OpenAI Partners with Broadcom to Build Custom AI Chips, Targets 10GW Infrastructure by 2029
In a major move to expand its technological independence, OpenAI has partnered with semiconductor giant Broadcom to co-develop advanced artificial…
European Markets Fall as U.S.–China Trade Tensions Resurface and Investor Confidence Wavers
European stock markets opened lower on Tuesday, reversing the upbeat sentiment seen at the start of the week. The downturn…
Fintechs Dominate as Nigerian Startups Join Africa’s $1.1 Billion Funding Boom in 2025
Africa’s technology ecosystem has witnessed a major resurgence in 2025, with startups, led by fintech innovators, raising a remarkable $1.1…
European Markets Rise Despite Renewed U.S.-China Trade Tensions
European stocks opened higher on Monday, showing resilience amid fresh trade tensions between the United States and China. The pan-European…
OpenAI Expands ChatGPT Go Plan to 16 Asian Countries, Deepening AI Access Across Emerging Markets
OpenAI has broadened the reach of its affordable ChatGPT Go plan to 16 additional Asian countries, marking a major step…
European Defense Stocks Fall as Trump-Brokered Middle East Peace Deal Sparks Market Jitters
European markets opened mixed on Friday as investors digested the early stages of a U.S.-brokered Middle East peace agreement and…
Asian Stocks Slide Amid Japan Political Uncertainty and China Rare-Earths Controls
Asian stocks stumbled on Friday as investor confidence wavered amid political uncertainty in Japan and rising economic tensions between the…
Google Launches Free AI Tools for African University Students to Boost Learning and Innovation
American tech giant Google has unveiled a groundbreaking initiative aimed at supporting higher education in Africa by offering its premium…