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LG Energy Solution Targets 2028 for Revolutionary Battery Technology Launch
LG Energy Solution is looking to commercialize a breakthrough battery-making technology by the year 2028, positioning itself to better compete with Chinese rivals. This development is crucial as the demand for electric vehicles (EVs) cools and the need for cost-effective and eco-friendly battery production methods grows. The technology in question is dry-coating, a process that
Microsoft Steps Back from OpenAI Board Observer Seat
Microsoft has handed over its board observer seat at OpenAI, which had been a point of regulatory scrutiny in both Europe and the United States. The tech giant explained that this decision follows significant improvements in OpenAI's governance over the past eight months. The non-voting observer position was assumed by Microsoft in November last year
South Africa's Energy Crisis: SMEs Grapple with Persistent Power Cuts
South Africa's energy crisis has deepened, with last week's implementation of Stage 6 load shedding plunging many parts of the country into darkness. The situation shows no signs of abating, and small and medium enterprises (SMEs)—the backbone of the country's economy—are bearing the brunt. Just as these businesses were beginning to recover from the pandemic,
Tembo, startup allows developers to deploy various versions of Postgres
As the demand for AI grows, so does the need for expertise in maintaining databases, which are crucial in any AI pipeline. Databases store the information used to train, run, and fine-tune AI systems, and effective data management can facilitate AI adoption in enterprises. One company benefiting from this trend is Tembo, a startup developing
THRIVE Global Impact Challenge now accepting applications from African agrifood startups
The THRIVE Global Impact Challenge is now accepting applications from African agrifood startups, offering a chance to win a $1 million prize. This challenge aims to support the transition to a net-zero agricultural future by funding innovative solutions. As a global initiative, the THRIVE Global Impact Challenge seeks to identify the most ground-breaking enterprises working
Petrol and Diesel Prices Expected to Rise Next Month Amid Increased Oil Demand
Fuel prices in South Africa are poised for an increase next month due to rising oil demand in the United States. However, a strong rand might offer some relief to motorists. South Africans have enjoyed two consecutive months of fuel price cuts, with petrol prices dropping by over R2 per litre and diesel prices falling
Copia Global's Struggles and Demise: A Tale of Innovation and Economic Challenges
In 2013, Tracey Turner and Jonathan Lewis embarked on an ambitious venture to revolutionize e-commerce in Kenya. Their brainchild, Copia Global, aimed to bridge the digital divide by bringing household essentials to rural and peri-urban areas. For over a decade, the company served as a lifeline for many Kenyans, providing access to everyday items like
South Africa’s Energy Minister Commits to Accelerated Renewable Energy Transition
Energy Minister Kgosientsho Ramokgopa has pledged to expedite South Africa's transition from coal to renewable energy, marking a significant shift from his predecessor's stance on decarbonization. Ramokgopa, who now heads the newly established Ministry of Energy & Electricity, made this announcement while addressing journalists, celebrating over 100 days without power cuts—a notable achievement in the
Anglo American Contemplates Coal Business Sale Amidst Setbacks
Anglo American is actively exploring options to advance the sale of its coal business following an explosion at its flagship Australian mine. The company is considering selling individual assets or potentially excluding the damaged operation from any deals. This move is part of Anglo American's significant restructuring program, announced earlier this year as a strategic
Adoption of Alternative Payment Solutions in Africa Growing
Fast-growing adoption of E-wallet services and digital supplier payments among micro merchants and informal retailers such as spaza shops is helping to reduce security risks, costs and inefficiencies associated with cash payments right across the value chain. Jonathan Thomson, head of supplier payments at Kazang, says that “digitisation of supplier payments is an important element
Ai and the Future of Protest and Political Action in Africa
The recent protest action in Kenya over the scrapped finance bill, has brought about the emergence of the widespread use of technology and the development of new Ai products, that were key instruments in the protest action. There have been protests throughout other African states in the past that have led to the emergence of
GSMA and TikTok's Vision for Digital Literacy
Addressing Digital Illiteracy in Africa Despite significant strides, Africa continues to face substantial challenges in digital literacy. As of 2020, internet penetration in Africa was estimated at 47.1%, with mobile service subscriptions in Sub-Saharan Africa reaching 45% by the end of 2019. However, these figures lag behind other continents, highlighting the need for increased digital
Introducing VR Courtroom: An Immersive Virtual Reality Game for Legal Education
1. Background: Legal Education in South Africa Legal education in South Africa often begins with a seemingly tedious exercise for first-year law students studying the Roman tradition of classifying law into various disciplines. Initially, this classification appears as a mere academic overview. However, as students advance, they realise that understanding these interconnected branches is
Digital Address Solution for Africa
The Mpost Success Story: In many developing countries, reliable physical addresses are rare. This makes receiving parcels, documents, and accessing services like e-commerce and banking a nightmare. According to the UN, it is estimated that over a billion people are unregistered individuals and estimates are that up to 80% of the world's population lacks proper
Zambia's Bold Move Towards Technological Advancement with AI Framework Development
Zambia is making significant strides in embracing the future of technology by developing a comprehensive Artificial Intelligence (AI) Framework. Felix Mutati, the country's Minister of Science and Technology, recently announced that this initiative is already underway, showcasing Zambia’s commitment to technological progress. In collaboration with the Tony Blair Institute, the Zambian government is formulating an
aREIT Prop Faces Potential Removal from JSE Due to Reporting Delays
aREIT Prop, a property group focusing on leasehold properties in the hospitality and medical sectors, has been placed "on notice" by the Johannesburg Stock Exchange (JSE). If the suspension of its listing continues for the next 20 business days, aREIT risks being delisted from the stock exchange. On Tuesday, July 2, 2024, the JSE issued
Kenya Reassesses Budget After Cancellation of Finance Bill 2024
The Kenyan government has cancelled the Finance Bill 2024 following widespread anti-tax protests, forcing a reassessment of the national budget and the exploration of alternative revenue sources to avert economic instability. This decision provides relief to businesses that would have been subject to additional taxes had the bill passed. Kenyan economist Aly-Khan Satchu offered further
Angola's 10th Banana Fair Concludes with Promising Prospects
After four days of vibrant festivities, the 10th edition of Angola's banana fair has successfully concluded. The event saw participation from local farmers, associations, and cooperatives from various municipalities, alongside industry representatives from across the nation, all gathering to discuss market expansion and highlight their production strengths. During the closing ceremony, Maria Antónia Nelumba, the
A New Bionic Break-through via Human Neural Link
MIT reveals a new prosthesis driven by the nervous system will assist amputees to walk naturally and navigated obstacles. State-of-the-art prosthetic limbs can help people with amputations achieve a natural walking gait, but they don’t give the user full neural control over the limb. Instead, they rely on robotic sensors and controllers that move the
Chinese EV Investments in Morocco Surge Following U.S. Subsidies
Following the implementation of new U.S. subsidies aimed at enhancing domestic electric vehicle (EV) production and reducing China's dominance in the supply chain, Chinese manufacturers have begun investing in an unexpected location: Morocco. In the picturesque hills near Tangiers and the industrial zones close to the Atlantic Ocean, plans for new factories to produce EV