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Africa: Malawi Records Highest Inflation in Sub-Saharan Africa
  • Africa

Africa: Malawi Records Highest Inflation in Sub-Saharan Africa

eriinfo.com4 weeks ago02 mins

Malawi’s headline inflation–the rate at which commodity prices change over time–has risen to 27.3 percent in July 2025, making it the highest in the sub-Saharan Africa region. According to a Market Intelligence Report issued by the Reserve Bank of Malawi (RBM), the sharp increase is largely driven by soaring food prices, which rose by 31.6…

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Africa: Malawi Records Highest Inflation in Sub-Saharan Africa
  • Africa

Africa: H1 – Africa Prudential Records 75 Percent PBT Growth, N41.35bn Assets

eriinfo.com1 month ago02 mins

Africa Prudential Plc has announced a strong performance for the first half of 2025, posting a 75 per cent year-on-year growth in Profit Before Tax to N1.98 billion, compared to N1.13 billion recorded in the same period of 2024. The unaudited results released in Lagos showed that Profit After Tax rose by 73 per cent…

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Meta breaks records with 0m offer to 24-year-old AI prodigy
  • Tech

Meta breaks records with $250m offer to 24-year-old AI prodigy

eriinfo.com2 months ago02 mins

Matt Deitke originally turned down a lesser offer. Source: X. The offer, which doubled after initial negotiations stalled, was reportedly closed after direct intervention from Meta CEO Mark Zuckerberg. It’s a staggering amount, not just for its size, but for what it reveals about where value—and vulnerability—now lies in the AI arms race. Deitke, who…

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Switch 2 breaks records with 3.5 million units sold in 4 days
  • Tech

Switch 2 breaks records with 3.5 million units sold in 4 days

eriinfo.com4 months ago02 mins

Nintendo has sold 3.5 million Switch 2s in four days, setting a company record for a new console launch. That puts Nintendo on track toward its goal to sell 15 million units by March 2026 if it can keep up on the production side. By comparison, it took the original Switch nearly a full month…

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  • Naked mole rats reveal genetic secret to long life
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  • Africa: AUC Chairperson Reaffirmed the AU’s Commitment to Advancing Regional & Continental Integration Through Stronger Collaboration Among Recs
  • Africa: AUC Chairperson Attended a State Banquet At State House Kenya Hosted By H.E. President William Ruto
  • Naked mole rats reveal genetic secret to long life
  • Vodacom-backed Maziv eyes massive fibre expansion into rural South Africa
  • Africa: FIFA Invests Over $1bn in African Football, Says Infantino
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