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…
Addis Ababa — Africa must unlock its vast and largely untapped livestock potential to strengthen food and nutrition security and accelerate inclusive economic growth, experts told ENA. For millions of Africans, livestock is more than a source of food or income. It is the foundation of livelihoods, particularly for pastoral communities. Yet experts say the…
Artificial intelligence could increase Sub-Saharan Africa’s economic output by about four percent over the next decade, but only if governments make substantial investments in electricity, internet connectivity and digital skills, the International Monetary Fund said in a report released Tuesday. Without those reforms, the region would capture only marginal gains from the AI revolution, with…
Manufacturing remains the biggest adopter of humanoid robots as businesses automate repetitive, hazardous and precision-based tasks.(Image created via ChatGPT) The global humanoid robot market is on course for rapid expansion over the next decade, as advances in artificial intelligence (AI), robotics and automation fuel demand across manufacturing, logistics, healthcare and retail. According to a report…
Fibre is being rolled out, satellites are overhead, and the traditional internet business model is quietly collapsing. In this ITWeb interview, Jacques du Toit of Vox unpacks where South Africa’s next wave of connectivity growth is really coming from — and why the pipe alone is no longer enough. #Voxtelecoms #fibre #broadband Faced with the…
Karooooo CEO Zak Calisto Singapore-headquartered Karooooo, the parent of South African fleet management and operational intelligence company Cartrack, has reported record quarterly subscriber growth, with South Africa leading the charge. Net subscriber additions jumped 70% to a record 142 472 in the three months to 31 May 2026, the first quarter of the group’s 2027 financial…
The Managing Director of GCB Bank PLC, Farihan Alhassan, has called for a shift in Africa’s economic development strategy, arguing that the continent’s financing challenges are less about capital scarcity and more about building the right risk structures to attract investment at scale. He made the remarks during the African Banking, Finance and Economic Leadership…
South Africa and Namibia have been urged to accelerate cooperation in the energy and mining sectors to unlock the economic potential of recent oil and gas discoveries and deepen regional integration. Delivering opening remarks at the Senior Officials’ Meeting of the Fourth Session of the South Africa-Namibia Bi-National Commission in Pretoria on Tuesday, South African…
YANTAI, CHINA – JULY 14, 2026 – Containers parked at Yantai Port International Container Terminal in Yantai City, Shandong Province, China on July 14, 2026. Cfoto | Future Publishing | Getty Images China’s economy in the second quarter grew at its weakest pace since 2022, as an accelerating slide in investments deepened the strain on…
Addis Ababa — The First Africa Pastoral Markets Forum opened in Addis Ababa on Monday with a call to transform Africa’s pastoral livestock sector into a major driver of economic growth, employment, trade, investment, and resilience across the continent. The five-day forum, running from July 13 to 17, has brought together representatives from 15 African…
