Elon Musk’s xAI Grok 4 has surged to the top of a rare real-world AI trading contest, strengthening claims that large language models are moving beyond theory into practical financial decision-making. As of January 21, 2026, Elon Musk’s Grok 4 has delivered a +7% return on an initial virtual $100,000 portfolio, placing it firmly at […]
Apple’s latest drive towards AI has generated worldwide interest, particularly with the advent of Apple Intelligence. The Apple Foundation Model is the main component of this plan, a clever but mostly unseen AI system that aims to deliver a better user experience without compromising on privacy. What Is the Apple Foundation Model? The Apple Foundation […]
The United Nations began holding a Cairo conference to discuss Libya’s economy, about three weeks after a blockade of ports sent the OPEC nation’s oil production tumbling to its lowest level since the 2011 civil war. The two-day meeting is the latest in a series of international efforts to end the conflict between eastern commander […]
With crude oil prices shedding over $11 per barrel this year to $55, thus alarming the producers, a panel set up by the Organisation of Petroleum Exporting Countries (OPEC) and its allies have recommended a provisional cut of 600,000 barrels per day in oil supply to the international market, in response to the Coronavirus outbreak, […]
Atomstroyexport, a subsidiary of Russia’s state-owned Rosatom, has organized a training course for Egyptian engineers in the western Russian city of Kursk, concerning construction of the nuclear power plant Kursk II in Russia, which began in 2018, and plans for the upcoming Dabaa nuclear power plant in Egypt. The first stage of the training course, […]
The African Development Fund has approved a $34.74 million grant and loan to boost renewable energy access and promote an attractive investment climate in Liberia. At a signing ceremony on 29 January in Monrovia, Dr. Orison Amu, the African Development Bank’s Country Manager in Liberia, and Samuel Tweah Jr., Liberia’s Minister of Finance & Development […]
Cell C, which has defaulted on almost R3bn of debt, said on Wednesday it had renewed its sponsorship agreement with Sharks Rugby. “Our sponsorship over the last six years has proven exceptionally valuable as a brand engagement platform for our customers as we endeavour to connect with them through their passion whilst driving key brand […]
Beleaguered national airline South African Airways (SAA) announced on Tuesday it was cancelling 10 domestic and one international flight in an effort to streamline services and save cash. The cash-strapped airline was last month placed under a state-approved business rescue plan to avoid its total collapse following a costly week-long strike by thousands of its […]
Countries across the coast of West, Central and southern Africa are suffering slow internet connectivity that started on Thursday. The situation remains unstable as at Friday (January 17). Reports indicate that mobile phone access is also partly impacted by the outage which was triggered by cuts to two major undersea cables along the West African […]
The board chair of South Africa’s electricity company Eskom, resigned on Friday after failing to keep his promise to stop the load shedding that is hampering the country’s growth, the South African presidency announced. This surprise resignation of Jabu Mabuza comes a few days after the arrival of a new CEO, Andre de Ruyter at […]
French telecom giant Orange has inaugurated a new Middle East and Africa hub in Casablanca, Morocco. The new offices will enable the group to transfer operational management of its African and Middle Eastern activities from Paris to Casablanca. In Africa and the Middle East, Orange is benefiting from strong growth in mobile services, driven in […]
South Africa’s struggling state power firm Eskom said on Sunday that it would extend electricity cuts until 5 a.m. local time (0300 GMT) on Monday. Eskom said late on Saturday that it would cut up to 2,000 megawatts (MW) from the national grid from 2000 GMT on Saturday until 0600 GMT on Sunday, after a […]
Ethiopia launched its first satellite on Friday, a landmark achievement for the country’s space programme that caps a banner year for the African space industry. The launch of the Ethiopian Remote Sensing Satellite (ETRSS) took place at a space station in China, though scores of Ethiopian and Chinese officials and scientists gathered at the Entoto […]
Two former managers from South Africa’s state-owned power utility Eskom have been arrested on allegations of involvement in manipulation of contractual agreements involving procurement transactions at Kusile Power Station in Mpumalanga Province, the South African Police Services (SAPS) announced on Thursday.The unnamed officials were arrested early Thursday morning for the alleged fraud and money-laundering deals […]
Zimbabwe’s state-owned Zesa Holdings escalated power cuts to as long as 24 hours after losing regional power imports, while local generation capacity remains critically constrained. The power utility has a non-binding agreement to import as much as 400 MW of power from South Africa’s Eskom, which has been unable to meet local demand and has […]
A United Nations expert on the freedom of expression said he has urged Ethiopian officials to stop shutting down the internet. David Kaye, the U.N.’s special rapporteur on the right to freedom of opinion and expression, told reporters in Ethiopia’s capital, Addis Ababa, that he is concerned with the frequent internet shutdowns carried out by […]
Turns out, mobile data isn’t the only data in South Africa that is expensive. In comparison to the rest of the world, fibre is too – really, really expensive. A new survey by Picodi.com looked at pricing from 233 fibre internet providers in 62 countries and found that South Africans pay the most for 100 […]
Once again, Nigeria is one of the top 20 countries affected by spam calls and SMSes globally, a recent report by Truecaller has revealed. According to the study, the average Truecaller user in Nigeria receives 8.4 spam calls per month, which is 20% higher than last year. This year, Brazil topped the list, with the […]
Farmer in the Upper East Region of Ghana have hailed the construction of a $1billion multipurpose dam project because they believe it has the potential to radically transform agriculture in the area.President Nana Addo Dankwa Akufo Addo over the weekend cut the sod for the project to begin after years of being on the drawing […]
South African retailer Pepkor Holdings has today announced that it will be leaving Zimbabwe citing poor performance due to the deteriorating economy. The company’s statement comes when Zimbabwe is submerged in severe shortages of foreign currency, fuel and electricity which have caused inflation to rise risking reviving memories of 2008 when it reached a 231 […]