Small and medium-sized enterprises (SMEs) across Africa continue to face tighter lending conditions, higher collateral requirements, and limited access to formal trade finance despite evidence showing that their credit risk profile has remained relatively stable. According to a new African Development Bank (AfDB) report released in Brazzaville on May 27, SME-related default rates, averaging between…
Eight riders were stranded nearly 100 feet in the air on Thursday evening after a roller coaster in Texas stopped during its vertical climb. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. The Iron Shark roller coaster at Galveston Island Historic Pleasure Pier came to a stop mid-ride,…
At Computex, Qualcomm announced its new Snapdragon C processor, a chip specifically engineered to power affordable Windows laptops. The move serves as a direct industry counter to Apple’s highly disruptive MacBook Neo, which redefined consumer expectations for budget notebooks at its $599 price point ($499 for students). Qualcomm is promising to deliver responsive performance, cool…
Thousands of Muslims began to leave the holy city of Mecca on Friday after having completed the hajj pilgrimage in scorching heat and despite the shadow of war across the Middle East. This year more than 1.7 million people from 165 countries took part in one of the world’s largest religious gatherings, against the backdrop…
Want to be a young retiree – or just have more financial freedom? Here’s 5 steps to set you on the right path. At some point, you’ve probably thought about it. How good it would feel to start your mornings unhurried, enjoying your perfectly brewed flat white in peace, without the crushing pressure to open…
Campaign laid blame for South Africa’s skyrocketing electricity tariffs at the feet of the fossil fuel industry As TotalEnergies held its Annual General Meeting in France on Friday, climate activists gathered at the company’s Johannesburg headquarters to protest the fossil fuel industry. The gathering was organised by the StopEACOP (East African Crude Oil Pipeline) Campaign…
George Osborn, author of “Power Play: Video Games, Politics and the Battle for Global Influence” told the BBC the setting was “likely to attract scrutiny” in the territory and pointed to previous games, such as Homefront, which depicted a unified Korea under northern control and which had received bans in South Korea.
Stefan Steinle, executive VP and head of global customer support at SAP. AI is reshaping enterprise support and changing how solution providers think and operate, says Stefan Steinle, executive VP and head of global customer support at SAP, who adds that support has evolved into a strategic driver of business value. Support in this context…
Freshly crowned African champions Mamelodi Sundowns showed off their TotalEnergies CAF Champions League trophy to thousands of adoring fans in a day-long trophy parade in the nation’s capital of Pretoria. The open-bus parade took place on Tuesday, kicking off at Sundowns traditional home Mamelodi before travelling to various Pretoria townships and the city centre where…
Nigeria’s growing influence in Africa’s technology and innovation ecosystem has received fresh global recognition as startups founded by Nigerians emerged strongly on Bloomberg’s latest list of 25 African Startups to Watch. The ranking, which highlights innovative startups solving critical challenges across the continent, underscored Nigeria’s expanding dominance in sectors such as fintech, artificial intelligence, health…
