Billionaire Pledges US$720M to Bridge Africa’S AI Gap
Africa-Press - Eritrea. Zimbabwean telecoms mogul Strive Masiyiwa has committed $720 million to establishing Africa’s first network of artificial intelligence factories, aiming to address...
Saudi Arabia’s Vision Invest Invests $700 Million in Africa
Africa-Press - Eritrea. Saudi-based Vision Invest has invested $700 million in pan-African industrial developer ARISE Integrated Industrial Platforms (ARISE IIP), the company announced on...
Afdb Flags Project Execution Gaps as Africa’S Growth Hurdle
Africa-Press - Eritrea. The African Development Bank (AfDB) has cautioned that Africa’s economic growth will remain constrained unless governments and institutions improve the design...
AI in Africa to Reach $16.5B by 2030 Mastercard’S Role
Africa-Press - Eritrea. Mastercard has released its latest whitepaper, Harnessing the transformative power of AI in Africa, a pan-African study of the continent’s readiness,...
farmers turn to AI to boost their yields
Africa-Press - Eritrea. In rural Malawi, farmers are have been embracing new technology to help them boost their yields and adapt to climate change....
Walmart to launch first stores in Africa by year-end
Africa-Press - Eritrea. U.S. retailer Walmart will launch its first branded stores in South Africa this year, it said on Tuesday.
The move by Walmart,...
Fitch Raises Global Growth Forecast Amid US Slowdown
Africa-Press - Eritrea. International credit rating agency Fitch Ratings raised the global gross domestic product (GDP) growth forecast from its previous forecast on Tuesday...
Extraordinary BRICS Summit Tackles Global Trade Tensions
Africa-Press - Eritrea. On Monday, Russian President Vladimir Putin joined an extraordinary BRICS summit via video link, a virtual meeting convened by Brazil to...
Gold Hits Record High Amid Fed Rate Cuts and Dollar Decline
Africa-Press - Eritrea. Gold hit a new record at over $3,600 per ounce, led by the estimates that the Fed may cut rates by...
Africa must Boost Investment in Digital Infrastructure
Africa-Press - Eritrea. Mr Ralph Mupita, the Group President and Chief Executive Officer (CEO) of MTN, says Africa should foster invesment in digital infrastructure...