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Africa’s First AI Research Center Inaugurated in Congo
The Republic of the Congo’s Prime Minister H.E. Anatole Collinet Makosso has inaugurated the African Center for Research in Artificial Intelligence (CARIA) in the nation’s capital of Brazzaville – the first of its kind on the continent. Funded by the United Nations Economic Commission for Africa in partnership with the Jack Ma Foundation; the International
10 Millennial women disrupting and leading advocacy in tech
It's Women's History Month, so of course we have to celebrate women who are disrupting in their fields. Women are particularly changing the technology landscape, fighting for equitable and fair environments by challenging the status quo. Check out these 10 millennial women disrupting tech across recruitment, community advocacy, and the artificial intelligence space. Ariel Lopez
Cybersecurity 101 for small business owners
Today, technology has revolutionized business operations, leveling the field for large and small businesses. From collecting customer data to processing payments, technology applications in business are numerous and undeniably impactful. Unfortunately, this shake-up has brought different challenges, particularly when it comes to securing and protecting business systems and data. Since 2020, the number of cyberattacks
6 Ways technology is revolutionizing E-Commerce
In the past, there were many challenges facing E-commerce but the rapid development of technology has led to its improvement. In recent times, technology has developed and assisted both buyers and sellers in carrying out activities smoothly. Buyers can now access goods and services despite the distance between the buyer and the seller through online
AGRA: Still failing Africa’s farmers
On February 28, 2022, the Alliance for a Green Revolution in Africa (AGRA) released an evaluation of its recently concluded five-year strategy. The media outlet Devex, which covers international development issues, reported on the evaluation under the headline, “AGRA has failed to improve Africa's food security, report finds.” While noting the range of “mixed results” reported
This is the Osom OV1, a new phone from Essential’s former engineers and designers
Osom, the company formed by Essential’s employees after the startup went under, has released new details about its upcoming OV1 phone, including a very familiar list of build materials. Meant to compete with flagships from Apple, Google, and Samsung, the OV1 will have a stainless steel and titanium housing, a ceramic back, Corning Victus cover
Amazon is closing all 68 of its Books, 4-Star, and Pop Up physical stores
Amazon is closing most of its physical stores, the company announced today, with all 68 of its Amazon Books, Amazon 4-Star, and Amazon Pop Up locations across the US and the UK set to close while the company refocuses on its grocery and fashion stores, Reuters reports. Amazon Books was one of the primarily online
The WeBuyCars Dome boasts as Africa’s biggest used car showroom
The WeBuyCars Dome opened its doors to the public on 14 December 2021, making South Africa home to the largest used vehicle showroom on the continent. According to the pre-owned vehicle giant, the “super-showroom” can hold up to 1,500 vehicles at a time, making it the largest in Africa. Following the success of the move,
How the Russia-Ukraine battle will affect agriculture imports and exports
SA’s imports of wheat, maize and fertiliser and exports of citrus products will be impaired by the global flare-up: Wandile Sihlobo of the Agricultural Business Chamber of SA. Ukraine and Russia have become an important source for global supplies of major agricultural commodities in the past 25 years (farmdoc daily, October 11, 2012). These countries, often
Diageo appoints new Asia-Pacific Corporate Relations Head
Wilson Del Socorro has been named Diageo's new corporate relations director in Asia-Pacific, replacing Paul Kelleher. Del Socorro relocates to Singapore from London, where he was most recently Diageo's global director of government affairs. His 10-year career with Diageo includes a number of policy and public affairs roles in Asia and the UK. “Wilson brings
Next 15 Buys Engine Group For £77.5m
After weeks of speculation, Next 15 has confirmed it has bought Engine UK for £77.5 million, with its PR brand Engine MHP+Mischief now operating as an independent agency within the group. Completion on the deal will take place early next week, with the rebranded MHP Mischief’s CEO Alex Bigg and deputy CEO Nick Barron remaining
Mustek makes R152 million profit in six months — benefitting from “new normal”
Mustek has reported an after-tax profit for the six months between 1 July and 31 December 2021 of R152 million. “The Group had a strong trading performance for the six months to 31 December 2021 and is benefiting from the ‘new normal’ that includes working from home and remote learning,” Mustek stated. “In addition, our
YouTube, Facebook, TikTok restricting Russian state-media
YouTube, Facebook, Instagram and TikTok are restricting state-owned Russian media channels ahead of a likely European Union ban, aiming to curtail propaganda during Russia’s invasion of Ukraine. The EU announced a ban Sunday, which countries are expected to sign off on today after a formal proposal. In the meantime, YouTube owner Alphabet, Facebook owner Meta
Bitcoin outperforms gold and stocks
Cryptocurrencies continued to pull away from stocks as the intensifying war in Ukraine prompts investors to look for safe havens. Bitcoin advanced as much as 2% in early trading in Hong Kong before giving up some gains. It has jumped 17% over the past three days — a period during which President Vladimir Putin stepped
BP to exit its 20% stake in Russian oil giant Rosneft
The situation across energy markets is very serious, IEA Executive Director Fatih Birol said Tuesday after the US and other economies agreed to release oil reserves. Investors will be watching for a response from OPEC+ when the cartel meets Wednesday to discuss April supply, but only a modest increase is expected despite the turmoil rippling
Brent oil climbs above $110 as IEA warns on energy security
Brent oil extended its relentless rally above $110 a barrel before an OPEC+ meeting as the International Energy Agency warned that global energy security is under threat following Russia’s invasion of Ukraine. Futures in London and New York both soared almost 6% – pushing West Texas Intermediate to the highest since 2013 – before easing
Honor’s Earbuds 3 Pro come with built-in temperature monitoring
Along with its 100W charging-capable Magic 4 phone, Honor has announced new that include built-in temperature monitoring technology. According to Honor, this technology is an industry first, that owners can experience once the €199 buds are released. Temperature monitoring, among other signals, has become especially important to tracking someone’s health during the pandemic, and checking your temperature
South African and UK investors looking to buy Ster-Kinekor with R250 million loan
Ster-Kinekor Theatres (SKT) could receive funding in the form of a R250 million senior debt facility, following a proposal from investors, Blantyre Capital and Greenpoint Capital. According to the Business Rescue Practitioner, the offer forms the foundation of Ster Kinekor’s Business Rescue Plan, which was published on 28 February 2022. The facility will fund future
The world’s most influential CEOs and business executives of 2022
Who is the best CEO in the world? JPMorgan Chase’s Jamie Dimon, Satya Nadella of Microsoft, Tesla’s Elon Musk, or Mark Zuckerberg of Facebook? Or is it one of the old classics like Warren Buffett or Bernard Arnault? Well known or unknown, these are the most successful, talented, and influential CEOs for long-term investors to watch
The world’s richest people (Top Billionaires, 2022)
As of February 21, 2022, Elon Musk had a net worth valued at $220 billion, making him the richest man in the world, followed by Amazon’s founder and former CEO Jeff Bezos (net worth: $177 billion). Musk is the CEO of Tesla and the founder and CEO of SpaceX. LVMH’s Chairman and CEO, Bernard Arnault,