The global health body described suicide as a devastating outcome of mental health conditions, which claimed an estimated 727,000 lives in 2021. The World Health Organisation (WHO) says more than one billion people are currently living with mental health disorders, making it one of the most pressing public health challenges worldwide. The figure, published in…
Africa remains at the epicenter of the global water crisis, as a new United Nations report has revealed that more than two billion people worldwide still lack access to safely managed drinking water. The joint study by the World Health Organisation (WHO) and the United Nations Children’s Fund (UNICEF), released Tuesday, warned that despite progress…
Perplexity AI has made a US$34.5 billion all-cash offer to acquire Google’s Chrome browser, a move that would provide the AI startup with access to billions of users and a significant advantage in the AI search race. The offer, which is well above Perplexity’s own valuation, comes at a time when regulatory pressure threatens Google’s…
Nedbank has acquired Durban-based payments fintech iKhokha in an all-cash deal valued at R1.65 billion. This acquisition is a significant move for Nedbank, as it looks to strengthen its support for small and medium-sized enterprises (SMEs) in South Africa. Read: Bandwidth Blog & Smile 90.4FM Tech Tuesday: iPad Pro and VR? “The acquisition is a…
Apple has committed an additional $100 billion to expand its U.S. manufacturing efforts, bringing its total planned investment to a staggering $600 billion over the next four years. This move, announced in response to pressure from President Donald Trump, includes a new American Manufacturing Program aimed at moving more of Apple’s supply chain and advanced…
Monrovia — The largest pledge ever by the Gates Foundation for research work into “chronically underfunded areas” of women’s health was announced by the foundation on Monday. The foundation’s commitment is U.S.$2.5 billion for health research and development, and will support more than 40 innovations, particularly those affecting women in low- and middle-income countries. “Investing in…
Tesla is proposing a new stock award of 96 million shares, valued at approximately $29 billion, to incentivize Elon Musk to remain as CEO. This new compensation package comes after a Delaware court voided Musk’s original 2018 pay deal, which was worth over $50 billion. The court ruled that the initial package was flawed and…
Africa, the world’s second-largest gold-producing region after China, is witnessing a surge in gold mining investment in 2025, fueled by strong global demand, favourable prices, and vast untapped reserves attracting increased international interest. So far, billions of dollars in investments have been announced in recent months highlighting a growing momentum, according to experts at Energy,…
The future ticket counter at JFK’s new Terminal 1. Leslie Josephs/CNBC It’s far from finished but the new, $9.5 billion Terminal 1 at John F. Kennedy International Airport in New York City is taking shape. Its first phase is slated to open in mid-2026. It will replace the current terminal, which opened in 1998. The…
The 32nd Annual Meetings of African Export-Import Bank (Afreximbank) witnessed a flurry of deal signings with four project preparation transactions signed between the Bank and various entities that are expected to unlock investments valued at about 1 billion USD that set to transform key sectors across Africa. In Kenya, the groundwork has begun for a…
