Larry Ellison, Oracle’s co-founder and chief technology officer, appears at the Formula One British Grand Prix in Towcester, U.K., on July 6, 2025. Jay Hirano | Sopa Images | Lightrocket | Getty Images Oracle shares fell 7% in extended trading on Wednesday after the database software maker reported lower quarterly revenue than expected despite booming…
Inger Andersen, Executive Director of UNEP speaking at the UNEA-7 meeting. PHOTO/UNEP. By SPECIAL CORRESPONDENT [email protected] The most comprehensive assessment of the global environment ever undertaken has found that investing in a stable climate, healthy nature and land, and a pollution-free planet can deliver trillions in additional global GDP, avoid millions of deaths and lift…
Since 2000, most countries – across all income levels and regions – have made concurrent progress in expanding health service coverage and reducing the financial hardship associated with health costs, according to a new joint report from the World Health Organization (WHO) and the World Bank Group. These two indicators are the foundation of universal…
The latest analytical report released by McKinsey & Company has showed that the African continent’s data centre market could unlock between $20 billion and $30 billion in annual revenue by 2030, driven by the rapid rise of Artificial Intelligence (AI), Cloud adoption, and Data-intensive consumer services. The report however said capturing the $30 billion opportunity…
PRETORIA – Climate change is driving economic losses in developing nations. It’s slowing progress toward the Sustainable Development Goals and worsening threats such as infectious diseases, food insecurity, declining air quality, and mounting strain on health systems. This is according to a recently published health policy paper by Lancet Countdown Africa, a research collaboration hosted…
Jensen Huang, NVIDIA founder and CEO, has a Q&A session at a press conference during the APEC CEO summit on October 31, 2025 in Gyeongju, South Korea. Woohae Cho | Getty Images News | Getty Images Nvidia shares fell on Tuesday after The Information reported that Meta is considering using chips designed by Google. Shares…
UN Secretary General António Guterres with COP30 President André Corrêa do Lago. PHOTO/UN. By PATRICK MAYOYO [email protected] The Outcomes Report from COP30, released on Friday in Belém, Brazil, has made headlines for presenting what is hailed as “groundbreaking progress” on real-world climate actions. With high-profile commitments from global leaders and businesses, including a trillion-dollar investment into…
The World Health Organization (WHO) warns that gonorrhoea, a sexually transmitted infection, is becoming increasingly resistant to antibiotics, according to new data from its Enhanced Gonococcal Antimicrobial Surveillance Programme (EGASP), which monitors the spread of drug-resistant gonorrhoea. The report highlights the need to strengthen surveillance, improve diagnostic capacity and ensure equitable access to new treatments…
Forty-five per cent of the 8.2 billion people on the planet live in cities, which is only going to increase as the world becomes increasingly urban. In 1950, the global population stood at 2.5 billion and just 20 per cent were city dwellers. By 2050, two-thirds of global growth is projected to occur in cities…
The total transaction value increased from $775.7 billion in 2020 to $1,980.6 billion in 2024. Over $1.9 trillion worth of instant payment transactions took place in Africa in 2024, according to the State of Inclusive Instant Payment Systems (SIIPS) Report released on Thursday. The annual report, produced by the AfricaNenda Foundation in partnership with the…
