Shares of companies tied to artificial intelligence infrastructure fell Tuesday after a report that OpenAI has fallen short of internal growth expectations, raising fresh questions about whether the pace of spending across the sector is sustainable. Oracle, which has a $300 billion, five-year partnership to supply computing power to OpenAI for AI operations, dropped more…
The just-concluded Africa Cup of Nations (AFCON) 2025 in Morocco was filled with unforgettable moments on the pitch; but beyond the goals, drama, and silverware, the tournament also delivered major stories off the field. From global celebrities in the stands to financial revelations and key CAF decisions, here is what you may have missed during…
One of the commitments the South African presidency of the G20 made in its policy priorities document at the beginning of 2025 was to push for fairer, more transparent sovereign credit ratings. And to address the high cost of capital caused by an illusive perception of high risk in developing economies. South Africa proposed to…
When Africa gathered in Addis Ababa from September 8 to 10, 2025, for the Second Africa Climate Summit (ACS-2), the message was loud and clear: the continent wants climate investment, not climate aid. This second gathering of African leaders, experts, financiers, and activists was not just another diplomatic ritual. It was a defining moment in…
The share of bilateral exports between Africa and the Caribbean, despite extensive shared history, has never surpassed 6%, according to an ITC and African Export-Import Bank (Afreximbank) study, leaving much room for growth of up to $2.1 billion within the next 5 years according to new studies. Key to this growth is adding value in…
South Africa stands at a pivotal moment in its technological evolution, poised to redefine itself as Africa’s leading digital powerhouse. Over the past two years, political leaders and media narratives have painted a picture of rapid digital transformation, underscoring the government’s ambition to position South Africa at the forefront of innovation. President Cyril Ramaphosa reinforced…
