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…
Several major renewable energy projects currently under construction will go live this year, according to industry organisation Sapvia. Once operational, these projects will collectively add hundreds of megawatts of new generation capacity to the national grid. This additional capacity is expected to contribute to improved energy security, reduce reliance on fossil-fuel-based generation and support increased…
Dominion Energy’s wind turbines located 27 miles off of Virginia Beach in the Atlantic Ocean on July 17, 2023. Kendall Warner | Virginian Pilot | Getty Images The Trump administration on Monday halted Coastal Virginia Offshore Wind, the largest project of its kind in the U.S., as well as four other projects off the East…
The African Development Bank Group (AfDB) has raised a record $11 billion for the African Development Fund (ADF), which provides low-cost loans to low-income countries to support development projects. This is the largest amount in the Fund’s history, achieved despite cuts in global aid budgets and financial pressures worldwide. The funds, raised from 43 partners…
