Two new World Bank Group reports released today underscore that South Sudan stands at a critical crossroads, where restoring public finances and taking urgent, climate-smart action are essential to reversing economic decline and placing the country on a sustainable development path. The new Public Finance Review (PFR) and Country Climate and Development Report (CCDR) warn…
African companies disclosed US$3.8 billion in funding in 2025, with deal volume up 32% and the number of announced transactions rising 8% from a year earlier, according to Briter’s Africa Investment Report 2025. The data points to a market that has stabilized after the 2022-2023 correction, but with capital increasingly concentrated by stage, sector, and…
Petter Sveum, EMEA CTO, Cohesity. Data management firm Cohesity is hosting a webinar on 28 January at 10am, in collaboration with ITWeb, to discuss its Direct I/O architecture. Designed for NetBackup environments, Direct I/O aims to eliminate common bottlenecks to deliver fast, resilient backup and recovery during system failures or ransomware attacks. Moderated by writer and…
The analysis is based on the latest job market data and shows that technology vacancies have increased by 18% year-on-year for the year up to end-October 2025. Vacancies increased 10% month-on-month from September to October 2025, signalling a clear and sustained uplift in the sector. Software developer returned to the top of the list of…
From wood-based panels used in construction, to charcoal for cooking food, forest products are valued and traded all around the world. The global forest products sector saw recovery in 2024 following a steep decline the previous year, according to a new report released on Wednesday by the UN Food and Agriculture Organization (FAO). FAO’s statistics…
In 2026 AI factories will redefine resiliency and disaster recovery. ( Image created using ChatGPT) As artificial intelligence (AI) adoption accelerates across enterprises, 2026 is expected to be a turning point for how organisations design resiliency and disaster recovery. Central to this shift is the emergence of AI factories – purpose-built environments that combine compute,…
African Export-Import Bank (Afreximbank) has announced a donation of US$1.1 million to the governments of Jamaica and Haiti to support their recovery efforts following the devastation caused by Hurricane Melissa in October. Hurricane Melissa, which passed through the northern Caribbean, unleashed unprecedented devastation on a number of countries in the region, including Haiti and Jamaica…
In a dramatic twist, PZ Cussons has announced plans to retain its Africa business with ambitious growth plans, citing growth in its core business in Nigeria in particular. Recall that the company had in April 2024 announced plans to strategically review its Africa operations, stating its readiness to sell its 50% equity interest in PZ…
The Coalition for Dialogue on Africa (CoDA) and the Independent Corrupt Practices and Other Related Offences Commission (ICPC) have renewed their collaboration through the signing of a Cooperation Agreement (CoA), reaffirming their shared commitment to tackling illicit financial flows (IFFs) and strengthening asset recovery efforts across Africa. The signing ceremony took place on Tuesday, December…
Ioco Limited has reported a return to profitability for the financial year ended 31 July 2025, marking a decisive turnaround after three years of losses. The technology group credited its improved performance to an operational reset, disciplined execution, and a more focused business structure. Group CFO Ashona Kooblall For the first time, Ioco generated enough…
