In 2024, private equity firm Verod Capital invested in i-Fitness, a Nigerian gym chain founded in 2015 by the entrepreneur Foluso Ogunwale. Verod co-founder Danladi Verheijen describes the business as one of his favourite investments. Despite operating only around 30 outlets, i-Fitness is already seven times the size of its nearest competitor in West Africa…
In an interview with Fox News’ Sean Hannity Thursday from Beijing, President Trump said that during their summit, Chinese President Xi Jinping assured him that China would not provide military equipment to Iran for its war in the Middle East. Asked by Hannity how big of a discussion the two leaders had regarding China’s support…
In this episode of ITWeb TV, Adam Smith, cyber lead for Southern Africa at the British High Commission discusses the need for Africa’s governments to work together in improving cyber deterrents, the need to improve cyber skills, why the British High Commission has a cyber lead in Southern Africa, and the rise in state-sponsored cyber…
Nairobi — Barbados Ambassador for Climate Change and Climate Vulnerable Forum representative Elizabeth Thompson has proposed exploring mandatory financing and legally binding mechanisms to compel countries to accelerate methane emissions reduction, warning that voluntary climate commitments are failing to deliver the urgency required to avert catastrophic global warming. Speaking virtually during the opening day of…
Liberia and several African countries are set to join India for a major development and investment engagement as New Delhi prepares to host the Fourth India-Africa Forum Summit (IAFS-IV), a high-level gathering aimed at strengthening strategic, economic and technological cooperation between India and the African continent. The summit will take place in New Delhi on…
The world’s third-largest oil importer announced increased fuel prices and austerity measures due to the energy crisis. By Reuters and The Associated Press Published On 15 May 202615 May 2026 India has raised fuel prices by about 3 percent as the energy crisis driven by the Iran war and closure of the Strait of Hormuz…
Absa Group CITO Johnson Idesoh Absa Group will deploy AI-powered “super agents” to scan its systems for vulnerabilities and shorten patch cycles as it prepares its defences against a new class of frontier AI models capable of finding and exploiting software weaknesses at speed. Group chief information and technology officer Johnson Idesoh told TechCentral’s Meet…
China’s President Xi Jinping (R) and US President Donald Trump visit the Temple of Heaven in Beijing on May 14, 2026. Xi warned Trump that the issue of Taiwan could push their two countries into “conflict” if mishandled, a stark opening salvo as a superpower summit set to tackle numerous thorny issues began in Beijing…
Mondli Gungubele, deputy minister of communications and digital technologies. (Image source: GCIS) Digital inclusion and the role of tech in driving economic participation were in the spotlight on the second day of the Sentech Africa Tech Week Conference, at the Cape Town International Convention Centre in Cape Town, this week. Delivering the opening address, Mondli…
Decades of gains in the fight against AIDS are under growing threat as donor funding declines and community-based health services collapse in some of the world’s most vulnerable countries, the head of the joint UN programme on HIV/AIDS warned on Thursday. The sudden funding decline is hitting the HIV response “like a shock wave,” said…
