Optimism over the profit potential of artificial intelligence has helped drive the US stock market to record highs, but investors are looking for weak spots that could emerge in the AI trade and have identified some risks to watch for. AI has been the dominant theme on Wall Street since the launch of ChatGPT in…
Africa stands at a turning point. The upcoming ASEA 2025 Conference, themed “Adapting to Global Market Shifts: Strategies for Resilience and Growth for African Markets of the Future,” comes at a time when the continent must rethink how financial systems can better serve its people. Across Africa, capital markets remain relatively underdeveloped compared to global…
Siegfried Layda | Getty Images “It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness,” Charles Dickens famously wrote. That aptly captures the dislocation between political events and market action as we go into the next week. The U.S. government shutdown…
Inspire Africa Group (IAG) has officially launched its first line of finished coffee products at the Africa Coffee Park in Rwashamaire, Ntungamo District. The launch, held on International Coffee Day, was led by Chief Justice Alfonse Owiny Dollo, who flagged off the first truck of products headed for the local market. The occasion marked the…
Africa’s fastest-growing but least-served online markets are set to gain more affordable, reliable, and higher-speed internet access through a partnership between Raxio Group, the continent’s most expansive data centre operator, and Laser Light Africa, the regional unit of the U.S.-based operator of one of the world’s most advanced integrated digital networks. The landmark agreement pairs…
Aerial view of Seoul downtown city skyline with vehicle on expressway and bridge cross over Han river in Seoul city, South Korea. Mongkol Chuewong | Moment | Getty Images Asia-Pacific markets were mixed Wednesday, following gains on Wall Street as investors appeared unperturbed by the U.S. government shutdown. Spot gold prices hit a fresh record…
People watch the first sunrise of the new year from a footbridge overlooking the city skyline in Seoul on January 1, 2024. Jung Yeon-je | Afp | Getty Images Japan’s Nikkei 225 notched a fresh record Thursday at 45,754.93, marking six consecutive sessions of gains. The broad based Topix also closed at a new high…
Football is a unifying passion that brings together millions of Africans on the continent. This affection has also made football betting very popular on the continent. From the cities of Nigeria to the communities of South Africa and Kenya, fans get to enjoy the thrill of guessing the outcome of the matches and winning. With…
TOKYO, JAPAN – JULY 27: Pedestrians and shoppers walk through the Akihabara area on July 27, 2023 in Tokyo, Japan. Japan’s core consumer price index climbed by 3.3% in June, outpacing the US figure for the first time in eight years as the Bank of Japan holds its monetary policy meeting on July 27 and…
Africa’s carbon markets are poised to transform not only the continent’s future, but the global fight against climate change. Yet, as leaders gather for the Africa Climate Summit 2 (ACS2), Africa’s achievements and leadership in this arena are too often treated as an afterthought. That attitude isn’t just unfair — it is a costly strategic…
