The Board of Directors of the African Development Bank Group has approved a $200 million Trade Finance Line of Credit facility between the African Development Bank and Trade and Development Bank (TDB). The facility is expected to boost intra-Africa trade, promote regional integration, and contribute to the reduction of the trade finance gap in Africa,…
A second drone pilot, serving in the eastern Kharkiv region, said that Ukraine does not have an alternative that’s as effective as Starlink for flying drones, but it also affects the unit’s movements — and ultimately survival chances out in the field. “When we drive into a position, we have a Starlink Mini mounted on…
A source in the Ukrainian defence ministry later told the BBC: “Last night, we detected restrictions affecting Starlink connectivity at speeds above 160 km/h, although we are still verifying the exact speed threshold. “This situation is significantly complicating operations, particularly logistics, unmanned systems, middle-strike missions, and other activities,” the source said, adding the “root cause”…
Ukraine struck and partly disabled a data centre operated by Russian technology company Yandex on Friday, a day after it hit a larger and more important facility, widening its attacks on Russia after Moscow targeted data hubs inside Ukraine. Yandex, which is heavily involved in Russia’s AI development and is sometimes called Russia’s Google, said…
The Vivo X500 Pro Max. Chinese smartphone maker Vivo plans to bring two of the three newly-unveiled X500 series handsets to the South African market, as it looks to take a lead role in mobile imaging. As part of its fourth generation of flagship smartphones, Vivo earlier this week introduced its X500 series smartphones −…
JACKSON HOLE, Wyo. — President Donald Trump’s new Federal Reserve chair said Friday that although measures of inflation are still elevated, it is not yet clear that the central bank must take urgent action to address rising prices. The speech at the Fed’s yearly retreat at Jackson Hole had been eagerly anticipated after a rocky…
Caesar Tonkin, Managing Director, Armata Cyber Security. Phiwakahle Zulu: You’ve spent 17 years in the cyber security industry, both in South Africa and across Africa and the UK. This was as a CISO, then building and running cyber security businesses, before being brought in to lead Armata Cyber Security. Why does that matter to how…
When Argentina plays Algeria on Tuesday and Portugal takes on Congo on Wednesday, two of soccer’s most storied players will begin what will likely be their last runs at the World Cup. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. Argentina star Lionel Messi, 38, and Portugal’s Cristiano…
President Cyril Ramaphosa President Cyril Ramaphosa has placed South Africa’s digital identity overhaul at the centre of government’s crackdown on illegal migration, committing to set a date after which the green barcoded ID book will no longer be recognised. In an address from the Union Buildings on Sunday evening, Ramaphosa said the government was establishing…
Reserve Bank governor Lesetja Kganyago. Siphiwe Sibeko/Reuters Reserve Bank governor Lesetja Kganyago said on Tuesday that the bank would bring inflation back to its 3% target, defending last week’s rate hike as necessary to prevent second-round effects from the Middle East oil shock from becoming entrenched. The central bank raised its key repo rate by…
