News

Nvidia surge has restored investors’ confidence in the AI-driven boom in chip demand. According to LSEG data, the surge translated to an addition of around $218 billion in market value on the day. This is the second-largest single-day market cap…

Tech giant Google has unveiled plans to construct a brand new high-capacity subsea cable system christened “Umoja,” which will establish a direct connection between Africa and Australia.  This announcement comes on the heels of Google’s successful completion of the Equiano…

South Africa is contemplating a formal complaint against the European Union’s (EU) newly implemented carbon border tax (CBT) to the World Trade Organization (WTO), which has ignited a global debate on environmental protectionism and trade fairness.  The South African government…

Chinese e-commerce giant PDD Holdings is experiencing a surge in sales, driven in large part by the tremendous success of its Temu platform.  Temu, a global competitor to Amazon and Shein, has witnessed explosive growth since its launch, establishing itself…

LaunchBase proptech South Africa: LaunchBase, a forward-thinking marketing and property technology (prop-tech) start-up, has designed an advanced software solution. The proptech allows off-plan property developments to be launched online to be reviewed by everyone.  Launchbase Proptech South Africa: About LaunchBase…

PAIX Data Centres has expanded its capacity in Ghana to 1.2 MW. This development is to accommodate the increasing demand for access to digital infrastructure.  The expansion has made the data center one of the largest in Ghana. It will…

In a move that is set to revolutionize cloud computing and artificial intelligence (AI) in East Africa, tech giant Microsoft has announced plans to build a state-of-the-art data center in Kenya.  The new data center, which will be located in…

African exposure to home technology has soared in recent times. Kenya is a huge example of this phenomenon, especially in the boost in laundry appliances. The country has adopted the usage of laundry equipment, which has led to a boom…

In a move that is set to revolutionize money remittance for immigrants in Ghana, Ghanaian fintech startup Zeepay has been granted approval by the Bank of Ghana to conduct outbound money transfers.  This landmark decision will allow Nigerian and Ivorian…

In a move that will significantly improve access to cash for millions of South Africans, TymeBank has announced a strategic partnership with Flash.  This collaboration enables TymeBank clients to conduct cash withdrawals at spaza shops across the nation.  The partnership…