Kenya’s stock exchange plans East Africa’s first AI-focused ETF
Kenya is preparing to make history in Africa’s financial markets as the Nairobi Securities Exchange (NSE) plans to launch East…
Category: International
World Bank Urges Developing Nations to Invest in Power and Internet to Unlock AI’s Full Potential
The World Bank has called on developing countries to make urgent investments in electricity, internet connectivity, digital skills, and institutional…
SoftBank Rides Intel Windfall as $8.2 Billion Gain Overshadows OpenAI Investments
SoftBank delivered better-than-expected financial results for its first fiscal quarter, thanks to a massive $8.2 billion boost from its investment…
Meta AI Security Test Breach Raises Fresh Concerns Over AI Safety Standards
Meta has revealed that one of its artificial intelligence models breached the systems of an external organization during a cybersecurity…
How African startups are using AI to solve real-life challenges
Artificial intelligence is rapidly becoming more than just a buzzword in Africa. While global tech giants compete to develop powerful…
S/Africa targets Dangote Refinery secondary listing after planned Nigeria IPO
The Johannesburg Stock Exchange (JSE) is making a bold move to secure a secondary listing for Dangote Petroleum Refinery once…
China Relaxes Fuel Export Restrictions as Global Energy Supply Crisis Intensifies
China has taken a significant step toward easing pressure on the global energy market by partially lifting the fuel export…
China Relaxes Fuel Export Restrictions as Global Energy Supply Crisis Intensifies
China has taken a significant step toward easing pressure on the global energy market by partially lifting the fuel export…
Chinese Open-Weight AI Model Closes the Performance Gap, But Raises New Safety Concerns
The race to build the world’s most capable artificial intelligence systems has entered a new phase as China’s open-weight AI…
S&P 500 and Dow futures tick higher after record day on Wall Street
Wall Street looked set to extend its winning streak on Wednesday after the S&P 500 and Dow Jones Industrial Average…
Nairobi Securities Exchange Tops KSh4 Trillion as Safaricom, Banks Fuel Historic Market Surge
The Nairobi Securities Exchange (NSE) has reached a historic milestone, surpassing KSh4 trillion in total market capitalization for the first…
Afreximbank Loans US$190 million to Zimbabwe’s CBZ Bank
The African Export-Import Bank (Afreximbank) has strengthened its commitment to Zimbabwe’s economic growth by approving financing facilities worth $190 million…
CBK Set to Hold Interest Rates Steady as Inflation Eases and Economic Growth Slows
The Central Bank of Kenya (CBK) is widely expected to maintain its benchmark interest rate at its August 2026 Monetary…
World Bank: AI Adoption Among Nigerian Firms Up 40%
Nigeria has emerged as one of Africa’s fastest-growing artificial intelligence markets after the World Bank revealed that AI adoption among…
SpaceX Revenue Soars 92% as Starlink and AI Deals Drive Record Growth
SpaceX has reported a remarkable financial performance in its first quarterly earnings since becoming a publicly traded company, with revenue…
Oil Prices Slide Below $80 as Hopes for US-Iran Deal Boost Market Confidence
Global oil prices suffered a sharp decline on Tuesday, with Brent crude falling below the $80-per-barrel mark for the first…
Cheaper Latin American Crude Puts Nigeria’s European Oil Market at Risk
Nigeria’s long-standing position as one of Europe’s preferred crude oil suppliers is facing increasing pressure as cheaper crude from Brazil…
Germany’s Energy Demand Drops as Soaring Fuel Prices Slash Oil Consumption
Germany’s energy demand declined by 1.9% during the first half of 2026, as soaring oil and gas prices forced consumers…
Apple Finally Fixes Siri, But the AI Upgrade Arrives After the Hype
Apple has finally delivered the Siri experience iPhone users have been waiting years for. After multiple delays, the new AI-powered…
Stock futures edge higher after rip-roaring rally leads Dow to record closing high
The U.S. stock market opened Tuesday with renewed optimism after the Dow Jones Industrial Average closed at an all-time high…
Bank of America sharpens focus on Africa after key role in Dangote refinery placement
Bank of America is strengthening its commitment to Africa with a major leadership reshuffle aimed at expanding its corporate and…
Cheaper Latin American Oil Puts Nigeria’s European Crude Market at Risk
Nigeria’s long-standing dominance in Europe’s crude oil market is coming under increasing pressure as cheaper oil supplies from Brazil and…
World Bank Urges Nigeria to Embrace AI as Key to Faster Economic Growth
The World Bank has called on Nigeria and other developing economies to rapidly embrace artificial intelligence (AI), saying the technology…
Renewed demand lifts Nigeria Eurobonds after previous selloff
Nigeria’s Eurobond market has bounced back strongly after a brief period of losses, with renewed investor demand signaling growing confidence…
Global Memory Shortage Disrupts MacBook Air Supply as Apple Faces Stock Challenges
Apple’s best-selling MacBook Air is now feeling the impact of the global memory chip shortage, creating longer wait times for…
Saudi Oil Reroutes Hit Capacity and Security Limits
Saudi Arabia is confronting one of its biggest oil export challenges in recent years as escalating security threats across key…
World Bank opens applications for 2027 Africa Fellowship, invites eligible Nigerians
The World Bank has officially opened applications for the 2027 Africa Fellowship Programme, creating a valuable opportunity for eligible Nigerian…
Dow Futures Surge Over 400 Points as Trump Halts Iran Strike Plan, Oil Prices Tumble
Wall Street began the new trading month on a positive note as Dow Jones futures jumped more than 400 points…
Oil prices crash after Trump eases Iran tensions, cheaper petrol may follow
Oil prices recorded a sharp decline on Monday after U.S. President Donald Trump signaled a shift toward diplomacy with Iran…
AfDB: West Africa misallocates capital despite $100 billion annual development needs
West Africa is not facing a shortage of money to fund its development ambitions—it is facing a much deeper problem…