The internet has a Strait of Hormuz problem

The internet has a Strait of Hormuz problem

The world is getting a live demonstration of what happens when a fifth of its oil is forced through a single, contested waterway. Since late February, Iran’s blockade of the Strait of Hormuz has slashed tanker traffic and rattled global energy markets, with Brent crude trading at around US$82/barrel this week. The internet, it turns…

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Fed Chairman Kevin Warsh testifies before Senate banking committee

Fed Chairman Kevin Warsh testifies before Senate banking committee

Federal Reserve Chairman Kevin Warsh testified Wednesday before the Senate banking committee, facing questions over the economy and how various factors might impact interest rates. As part of congressionally mandated Capitol Hill appearances for the central bank leader, Warsh spoke Tuesday to the House financial services committee. During his remarks, he reaffirmed the Fed’s commitment…

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Africa: People Continue to Stand By Refugees, Gen Z Shows Most Empathy

West Africa: Digital Exclusion and Access to Basic Services in West Africa: Disentangling Individual From Territorial Effects

Evidence points to digital infrastructure and education as critical investments. Abstract This study examines the relationship between digital exclusion and access to essential services across six West African countries, using Afrobarometer Round 9 data (2021-2023). We construct a multidimensional digital-exclusion index based on digital-technology access and usage, then rigorously distinguish individual-level effects from district-level contextual…

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Standard Bank extends R479m facility to Helios

Standard Bank extends R479m facility to Helios

Helios Towers operates one of Africa’s independent telecommunications tower platforms. Standard Bank, Africa’s largest bank by assets and market capitalisation, has partnered with Helios Towers to provide a $29 million (R479 million) Social Documentary Credit Facility. According to the financial services company, this transaction marks Standard Bank’s first Documentary Credit Facility structured in a Sustainable…

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Africa: People Continue to Stand By Refugees, Gen Z Shows Most Empathy

Africa: Attacks On Commercial Vessels Threaten Global Supply Chains – Imo

The International Maritime Organisation (IMO) has warned that continued attacks on commercial vessels in conflict zones pose a serious threat to global supply chains, maritime safety and the security of seafarers. IMO Secretary-General, Arsenio Dominguez, made the remark in a statement issued as the IMO Council reviewed the persistent security threats facing international shipping and…

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Amazon Leo all set for South African launch

Amazon Leo all set for South African launch

From left, Maziv CEO Dietlof Mare, communications minister Solly Malatsi, Herotel CEO Van Zyl Botha and Amazon’s David Zapolsky Amazon’s Leo satellite broadband service is coming to South Africa – and it has found a way in that sidesteps the licensing impasse that has kept rival Starlink out of the country. Herotel, the Maziv-owned internet…

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Africa: People Continue to Stand By Refugees, Gen Z Shows Most Empathy

Africa: Kiswahili Rising Globally As Africa’s Lingua Franca, Connects Millions Across Borders

Algeria — The Kiswahili language continues to strengthen its position as one of Africa’s most influential means of communication, connecting millions of people across borders while gaining increasing recognition on the global stage. For centuries, Kiswahili has played a unique role in bringing together communities from different ethnic and linguistic backgrounds, particularly in Eastern and…

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