Dado Ruvic/Reuters US President Donald Trump is injecting nearly US$9-billion into Intel in exchange for a 9.9% equity stake. But the money — which the struggling chip maker was slated to receive anyway under a federal funding act — will not be enough for its contract chip-making business to flourish, analysts said. What Intel needs…
Despite the rebasing of Nigeria’s Gross Domestic Production (GDP), the country still retains its position as the fourth largest economy in terms of Nominal terms. According to the National Bureau of Statistics (NBS), the country’s economy was worth N372.82 trillion in 2024. Using the current N1,529.53 per dollar, this, the economy is $243,526,768,148.72 (billion) in…
Numbeo, the Crowd sourced online database that provides information on the cost of living and quality of life, has released its updated mid-year cost of living index for Southern Africa. Namibia has been ranked third in the region, behind Botswana and South Africa. The platform utilizes New York City as its baseline, with an index…
Tunis, June 26 — Tunisia has made significant progress in the global energy transition landscape, climbing 27 spots to rank 62nd worldwide out of 118 countries in the 2025 Energy Transition Index (ETI), published by the World Economic Forum (WEF). This marks a notable improvement from its 89th position in 2024, making Tunisia the second-highest…
Nigeria has been ranked third among the top ten manufacturing countries in Africa, according to a report by The African Exponent, an analytical business information source for entrepreneurs and potential investors in Africa. According to the report, within the last decade, a few countries have stood out for hosting the largest manufacturing companies in Africa,…
