Africa’s private capital market posted a mixed first half in 2026. Deal volume fell 16% year on year to 211 transactions, the first H1 drop since 2023. Investment value rose 65% to $3.7 billion, the second highest first-half total in five years. The gap between average deal size, $32 million, and median deal size, $5…
Taipei, Taiwan – For Li, an engineer at Taiwanese computer giant ASUS, the AI boom sweeping Taiwan has made it an exciting time to work in tech. Taiwan is a semiconductor powerhouse, producing about 90 percent of the most advanced chips used to power leading AI models such as ChatGPT and Claude. Recommended Stories list…
In a recent interview with How we made it in Africa, Sango Capital co-founder Richard Okello outlined the countries where he sees the greatest investment potential. Okello points first to Egypt, which he describes as “very intentional about becoming a middle-income country”. A key advantage is its population of some 120 million. For businesses, that means a vast…
An aerial view of the Samsung Electronics’ chip production facilities at Hwaseong, South Korea Samsung Electronics on Thursday reported record quarterly profit driven by a 49-fold jump in chip income, saying it expects a severe supply shortage to deepen next year as clients spend on AI, driving up prices of its memory chips. The world’s…
Intel shares skyrocketed more than 23.6% on Friday, closing at $82.54 and finally eclipsed the company’s long-standing peak from the year 2000. This historic rally pushed Intel’s market value above $416 billion, signalling a massive vote of investor confidence in the turnaround led by CEO Lip-Bu Tan. Read: Bandwidth Blog & Smile 90.4FM Tech Tuesday:…
Sim Tshabalala, Standard Bank Group CEO. Standard Bank Group witnessed growth in digital retail clients in South Africa, for the 2025 financial year. This, as the JSE-listed financial services group reported headline earnings of R49.2 billion and delivered a return on equity of 19.3%. According to results released today, the bank’s digital retail clients grew…
Women held 27.5 per cent of parliamentary seats worldwide as the year began -a 0.3 per cent increase from 2025, marking the slowest growth in nearly a decade, according to a new report from the UN-backed Inter-Parliamentary Union (IPU). The report titled Women in parliament 2025 released ahead of International Women’s Day on 8 March,…
Sonatel, the largest company by market value on the BRVM, reported consolidated revenue of 1,923.1 billion FCFA (about $3.47 billion) in 2025, up 8.3 percent year on year. Net income reached 413.6 billion FCFA (about $746.6 million), an increase of 5.1 percent from 2024. The company’s (BRVM: SNTS) EBITDAaL stood at 921.2 billion FCFA (about…
Larry Cooke, legal counsel for Binance Africa. Crypto-currency exchange Binance has seen rapid customer growth in South Africa, since its local inception eight years ago, as more South Africans adopt crypto-currency. The online digital wallet service − through which crypto-currencies can be traded, bought and sold − says it has witnessed local customer numbers rising…
India’s government plans a modest improvement in its fiscal picture in the coming financial year, with reductions in the fiscal deficit and debt, while boosting manufacturing in sectors ranging from textiles to chips. Finance Minister Nirmala Sitharaman, in her ninth consecutive budget speech, said on Sunday that the government sees its fiscal deficit falling to…
