The African Refiners and Distributors Association (ARDA), has said that the continent’s crude oil consumption will surge from about 1.8 million barrels per day in 2024 to as much as 4.5 million barrels per day by 2050, positioning the continent’s downstream energy sector as one of the world’s most significant untapped investment frontiers. Executive Secretary,…
New Survey of Nearly 4,300 C-suite Leaders Reveals Intensifying Demand for Faster Innovation, Higher ROI and Stronger Business Resilience Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, managed services and Agentic AI ERP innovation solutions, and the leading third-party support provider for Oracle, SAP and VMware software, today announced the…
The Micron logo is seen displayed at the 8th China International Import Expo. Sheldon Cooper | Lightrocket | Getty Images Micron Technology‘s stock jumped 10% after the company signaled robust demand for its memory chips and blew away fiscal first-quarter estimates. During an earnings call with analysts, Micron, which makes memory storage used for computers…
Fixed broadband service revenue will increase at a CAGR of 4.4% during the 2025 to 2030 period. Fixed communication services revenue in South Africa is expected to grow at a compound annual growth rate (CAGR) of 4.1% during the 2025 to 2030 period. This is according to GlobalData’s South Africa Fixed Communications Forecast (Q3 2025)…
Newly minted small businesses often struggle to establish themselves as reliable service providers among their more established competitors. To help cloud-focused business thrive, Amazon Web Services has created the AWS distribution model to support small businesses and help them grow. In this episode of TCS+, Cloud On Demand’s Xenia Rhode and Developmenthub’s Odwa Ndyaluvane explain…
Doha — Africa has reiterated the demand for two permanent and two non-permanent seats on the UN Security Council with full rights and privileges. This is to amplify the voices of those living in poverty in the continent and ensure that they are fairly represented in multilateral institutions, President William Ruto has said. Delivering a…
The demand for data science talent is growing fast, as AI becomes essential to how companies operate. Zindi, an online network of professional data science talent, says the growing deployment of artificial intelligence (AI) by African businesses has seen it register 92 000 data practitioners on the platform since inception. Launched in September 2018, Zindi…
Emerging markets fintech Optasia has confirmed it will list on the JSE at a valuation of R23.5-billion following the closing of its bookbuilding period on Thursday. The company – backed by former First National Bank CEO Michael Jordaan – confirmed that its share offer closed at the top end of the R15.50 to R19/share range…
Dr Jannie Zaaiman, CEO of the South Africa Information and Communication Technology Association. Within the next five years, companies in the artificial intelligence (AI) game are going to need enough power to light up New York City 17 times over, and Goldman Sachs tells us that less than 10% of the needed power will be…
Amazon has unveiled significantly expanded plans and shared initial renderings for its advanced nuclear energy project in Washington State, its home headquarters. Read: Apple bumps entry-level 14-inch MacBook Pro to M5 chip The planned facility, now officially named the Cascade Advanced Energy Facility, will be built near Energy Northwest’s Columbia Generating Station outside of Richland,…
