Intel CEO Lip-Bu Tan. Laure Andrillon/Reuters Intel forecast quarterly profit and revenue above estimates on Thursday, pushing its shares up 5.2% in after-hours trade and helping prompt the company to boost spending plans over the next two years as an AI data centre buildout increases demand for its CPUs. Intel expects third-quarter revenue between US$15.8-billion…
Addis Ababa (Horndiplomat) — African Union Commission Chairperson Mahmoud Ali Youssouf on Thursday condemned attacks claimed by Yemen’s Houthi movement against commercial oil tankers in the Red Sea, warning that the escalating violence poses a serious threat to regional stability, international maritime security and global trade. In a statement issued from Addis Ababa, the African…
In a defining moment for Somalia’s future, the Somali Cabinet has officially ratified the African Youth Charter. This bold step signals hope, progress, and a renewed commitment to empowering the nation’s vibrant and resilient young demographic. This historic achievement marks a key milestone not only for Somali youth but for the entire country, reinforcing Somalia’s…
The US has imposed new tariffs on 60 trading partners, accounting for the vast majority of its imports, over claims they failed to properly stop forced labour. The duties, ranging from 10% to 12.5%, target key economic partners – including the UK, China, the European Union, Canada, Japan and India. They came into effect on…
Social Coding SA partners with Stellantis SA to expand technology in schools. Stellantis South Africa has partnered with Social Coding SA to launch a mobile computer lab that will bring coding, robotics and digital literacy to learners in underserved communities. The initiative targets grade eight and nine learners, who will gain hands-on experience in digital literacy,…
Burna Boy has cemented his status as African music’s biggest commercial force, topping a new ranking from global data platform Chartmasters with 14.46 million Equivalent Album Units sold worldwide. The milestone was flagged by Nigerian outlet The Debut Hub on X, which confirmed the Grammy winner has reclaimed his spot as the continent’s top-selling artist…
Uganda has maintained its gradual improvement on the Henley Passport Index, ranking 72nd globally in the 2026 edition, with its passport offering visa-free or visa-on-arrival access to 65 destinations. Kenya retained its position as East Africa’s strongest passport. The latest rankings, released by Henley & Partners, place Kenya at the top in the region, climbing…
Washington — The rapid pace at which the U.S. is expending some of its most advanced air-defense interceptors and precision-guided weapons in the Middle East is a point of great tension inside the Trump administration as President Trump’s war with Iran ratchets up again, according to U.S. military and intelligence officials familiar with internal assessments….
South Africa’s structural reform programme has lost momentum for the first time since formal tracking began, with electricity reforms deteriorating even as Eskom itself delivers its most stable performance in years. The fourth quarterly review of the BLSA Reform Tracker, covering April to June 2026, shows the overall reform completion index slipping to 71.5 from…
Addis Ababa — The Ministry of Foreign Affairs has reaffirmed that stronger cooperation between African and Gulf countries is essential for advancing inclusive growth, economic resilience, and shared prosperity. Speaking at a high-level dialogue held in Addis Ababa under the Gulf-Africa Strategic Partnership Initiative (GASP), State Minister of Foreign Affairs Ambassador Hadera Abera said the…
