Tehran’s grocery stores are well-stocked, but many families can barely afford the basics. Unemployment is soaring and those with jobs are working more hours for money worth half as much as a year ago, putting food, medicine and everything else — except for heavily subsidized gasoline — further out of reach. “We have virtually given…
THE United States (US) government has launched a year-long “IP for Growth” (Intellectual Property for Growth) programme aimed at helping African creators, particularly those in the music industry, turn creativity into economic growth through stronger intellectual property (IP) protection. Speaking during a digital press briefing hosted by the US Department of State’s Africa Regional Media…
Fintech firm Moment raised R362 million in a Series A funding round led by AlphaCode Venture Partners. Pan-African fintech firm Moment has announced the close of its $22 million (R362 million) Series A funding round. The investment, led by AlphaCode Venture Partners, with continued investment from General Catalyst, MultiChoice, and fresh investment from Canal+, rounds…
The Unlimited Child has launched an AI-powered app to assist learners in low-resource environments. The Unlimited Child, a South African early childhood development (ECD) non-profit organisation, has launched an AI-powered app designed to provide personalised coaching, classroom support and monitoring for practitioners. The app, built for low-resource and offline environments, delivers AI-generated development plans, classroom preparation tools,…
The latest phase builds on previous rounds of implementation in 2023 and 2025, which trained plant health officials from 20 African countries African governments are scaling up efforts to modernise plant health systems, expanding a digital surveillance programme to 38 countries in a bid to contain crop pests, strengthen food security and improve access to…
Abuja — Nigeria has urged African countries to foster greater collaborations to boost the continent’s digital economy. Permanent Secretary, Ministry of Communications, Innovations and Digital Economy, Nadungu Gagare made the call at the 7th Special Session of the African Telecommunication Union (ATU), Wednesday, in Abuja. Gagare, who was represented by a director in his office,…
Raxio Group, Africa’s most expansive data centre platform, surpassed US$380 million in committed capital as shareholders Meridiam and Roha increased their support for the company’s next phase of growth following a sixfold surge in contracted capacity this year. The additional equity from Roha and Meridiam extends Raxio’s capital base from a previous US$350 million, building…
Washington — The World Bank Group has approved US$225 million in financing for the Integrated Urban Development and Resilience Project for Jobs (PRODUIRE2) to strengthen climate resilience, improve infrastructure, and create more and better jobs in Greater Antananarivo and Greater Toamasina. Madagascar’s rapidly growing cities face mounting challenges. In early 2026, cyclones Fytia and Gezani…
Maureen Costello, VP for UK, Ireland and Sub-Saharan Africa at Google Cloud, with Discovery founder and group CEO Adrian Gore. Google’s Johannesburg Cloud Region is expected to contribute $90.6 billion (R1.7 trillion) in additional gross economic output and support almost 315 000 jobs in SA by 2030. This, as African businesses accelerate the adoption of…
Tata Consultancy Services has partnered with Anthropic to bolster the adoption of Claude in South Africa. (Image: 123RF) IT services and consulting firm Tata Consultancy Services (TCS) has partnered with Claude developer Anthropic to establish a dedicated global business unit aimed at expanding adoption of the AI model, including in emerging markets such as SA….
