In recent years, local businesses, including state-owned enterprises, have repeatedly struggled to implement critical IT systems on time and on budget. From retail giants experiencing warehouse bottlenecks to telecommunications and municipal services plagued by billing and operational outages, the warning signs are clear: systems drift, deadlines slip and costs spiral. The technology itself – ERP…
In African countries, there’s a gap between the financing available for renewable energy and the projects its meant to reach. Funds are not reaching the right places and even as more funding is announced for clean energy, many projects don’t get off the ground because the financial tools available don’t fit their needs. For example,…
Nairobi — President William Ruto has urged African countries to mobilise domestic capital to finance infrastructure development, warning that continued reliance on foreign funding is slowing down progress and undermining the continent’s long-term development agenda. Speaking during the opening of the Africa We Build Summit in Nairobi, Ruto said Africa’s development ambitions risk remaining unfulfilled…
Nairobi — The United Nations Children’s Fund (UNICEF) has warned that climate-related disasters are increasingly disrupting education across Eastern and Southern Africa, potentially leading to as much as $380 billion in lost future earnings by 2050 if urgent action is not taken. A new report by UNICEF and consulting firm Dalberg, titled Protecting Children’s Learning…
AGSA audit outcomes uncover R12.1 billion-worth in ICT project issues. (Image source: 123RF) While technology is often touted as a transformative force, national and provincial governments continue to face significant challenges in ICT implementation. A report by the Auditor-General of South Africa (AGSA) has identified barriers to achieving digital transformation goals, noting that many of…
The Auditor-General of South Africa has flagged the State IT Agency (Sita) as a “systemic risk” to government IT, citing R12.1-billion in failed public technology projects as evidence. According to the Auditor-General’s consolidated general report on national and provincial audit outcomes for 2024/2025, South Africa’s public ICT governance ecosystem is in structural decline, with the…
Nvidia has signalled a massive escalation in its market expectations, projecting that the revenue opportunity for its AI hardware could reach at least $1 trillion through 2027. This ambitious forecast, delivered by CEO Jensen Huang at the annual GTC developer conference in San Jose, highlights a strategic shift toward “inference computing”, the process of running…
Cairo — African Export-Import Bank (Afreximbank) is pleased to launch the second season of its documentary series, Impact Stories. Building on the success of the inaugural season, the new collection of six films expands the series’ geographic scope to capture the Bank’s growing footprint across Global Africa, featuring stories from the Caribbean and Africa. Produced…
Bentol, Montserrado County — FACE Africa, a Liberia and U.S.-based nonprofit organization, has completed and dedicated 71 new household latrines, one hand pump and one solar-powered water tower in rural Bentol City, Montserrado County. The day of the ceremony was a vibrant and joyful celebration hosted in Belekpoi Town and included local leadership and WASH…
Netflix’s advertising business has reached a major turning point, more than doubling its revenue to $1.5 billion between 2024 and 2025. During the company’s most recent earnings call, co-CEO Greg Peters expressed high confidence in this trajectory, projecting that ad revenue will “roughly double again” in 2026 to reach approximately $3 billion. This rapid scaling…
