Pension funds and insurance companies in different African countries invest billions abroad despite energy projects on the continent needing investment, says chairperson of the presidential initiative on climate change in Sierra Leone Kandeh Yumkella. Speaking at the Accelerated Partnership for Renewables in Africa (Apra) investment forum in Sierra Leone, Yumkella said projects in Africa are…
Bernd Debusmann Jr,at the White House, Max Matza and Ian Aikman ‘It was time’, says Trump on increase in Russia sanctions The US has announced new sanctions targeting Russia’s two largest oil companies in an effort to pressure Moscow to negotiate a peace deal in Ukraine. The announcement came one day after US President Donald…
For most of the past 25 years, Chinese construction companies operating in Africa could count on generous financial backing from Chinese banks. Between 2000 and 2019, Chinese funders committed almost US$50 billion to African transport projects. Most came from Chinese development finance institutions. Six years ago, this started to change as Chinese lenders began to…
South African companies who were part of the 30-member business delegation at the recently concluded Intra-Africa Trade Fair (IATF) in Algeria say they are eager to do business in Algeria and across the continent. This as the local companies generated several promising trade leads over the course of the trade fair. The IATF 2025 was…
Cyber criminals are using AI to outpace defences. Is your business ready? Cyber Insight calls on companies to act now. Cyber Insight, which positions itself as a leading South African cyber security and advisory firm, today issued a stark warning: artificial intelligence (AI) driven cyber threats and malware attacks are accelerating at an unprecedented pace,…
Jensen Huang, co-founder and CEO of Nvidia Corp., speaks during a news conference in Taipei on May 21, 2025. I-hwa Cheng | Afp | Getty Images Nvidia CEO Jensen Huang on Friday showered praise on Taiwan Semiconductor Manufacturing Co. on a visit to Taiwan, saying that anybody looking to take a stake in the company…
CIVICUS speaks with Matthew Renshaw, a partner at a UK law firm that represents Nigerian communities taking legal action against Shell over environmental damage caused by its operations in the Niger Delta. Two Nigerian communities, Bille and Ogale, are suing Shell in the UK over decades of oil spills in the Niger Delta that have…
Klaus Vedfelt | Digitalvision | Getty Images As rounds of layoffs continue within a historically strong stock market and resilient economy, it is still uncommon for companies to link job cuts directly to AI replacement technology. IBM was an outlier when its CEO told the Wall Street Journal in May that 200 HR employees were…
The urban skyline and cityscape in Shanghai China. Lu Shaoji | Moment | Getty Images BEIJING — From coffee to cars to real estate, there’s a recurring pattern in China: companies rush into an industry, then resort to discounts to stay afloat. That has economists worried. Natixis’ study of 2,500 listed Chinese companies reinforce how…
Flutterwave named to TIME100 Most Influential Companies List for Second Time. Flutterwave, Africa’s leading payment technology company, has been named among the TIME100 Most Influential Companies List of 2025. This marks the second time the company has received this prestigious global honor. Flutterwave joins global leaders such as Amazon, Berkshire Hathaway, Netflix, OpenAI, Universal Music…
