Alphabet hit a US$4-trillion (R65.5-trillion) market valuation on Monday, as the Google parent’s sharpened AI focus allayed doubts about its strategy and thrust it back to the forefront of the high-stakes race. The tech giant on Wednesday surpassed Apple in market capitalisation for the first time since 2019, becoming the second-most valuable company in the…
Global smartphone shipments rose 2% year on year in 2025, lifted by stronger demand and economic momentum in emerging markets, Counterpoint Research said on Monday. Apple led the market with a 20% share, the largest among the top five brands, supported by solid demand in emerging and mid-sized markets and strong sales of the iPhone…
VCG | Visual China Group | Getty Images Google has been trying to play catch-up to OpenAI in generative artificial intelligence. It appears to finally be gaining ground with users. The company’s Gemini app took the top spot among free apps on Apple’s App Store this week, leapfrogging ChatGPT, which kickstarted the generative AI…
Africa’s richest man and Chairman of Dangote Group, Aliko Dangote, has once again retained his position as Africa’s wealthiest man, topping Forbes’ Real-time Billionaires List with a net worth of $24.4 billion and ranking 88th globally. The latest ranking, released at the weekend, underscores Dangote’s unmatched dominance in Africa’s wealth hierarchy, where he stands far…
Nigeria has emerged as the leader in economic expansion and employment opportunities in Singapore’s deepening trade relationship with West Africa, which has seen an 85 percent rise to $7.47 billion from 2020 to 2024. A review of the growing collaboration between Singapore and West Africa shows Nigeria emerging as a key contributor. Analysis of data…
High rise buildings, including the China Zun or CITIC Tower (L, back) is seen at the Central Business Distric (CBD) from the Tuanjiehu park in Beijing on June 2, 2025. Adek Berry | Afp | Getty Images China’s economy grew at a faster-than-expected rate in the second quarter, keeping the country on track to meet…
Abuja, Nigeria — Africa’s persistent trade finance gap–now estimated at over $420 billion–poses a critical threat to the continent’s industrial ambitions, job creation, and sustainable economic transformation. But the African Export-Import Bank (Afreximbank) is proposing a comprehensive solution to close this gap and build a more sovereign, resilient, and inclusive African financial ecosystem. The Bank’s…
