Chinese AI App DeepSeek Shakes Industry, Sparks U.S. Concerns
The rapid emergence of the Chinese AI app DeepSeek has shaken the global technology industry, rattled markets, and dented America’s…
Category: Business
Netflix to Raise Prices Following Surge in New Subscribers
Netflix will raise subscription prices in several countries after adding nearly 19 million new subscribers in the final quarter of…
Nigerian Regulator Approves Up to 50% Increase in Mobile Tariffs
The Nigerian Communications Commission (NCC) has approved a tariff increase of up to 50% for mobile phone services, marking the…
TikTok Plans U.S. Shutdown Ahead of Potential Ban
TikTok is preparing to shut off its app for U.S. users on Sunday, as a federal ban could go into…
Engen Closes Three Petrol Stations in Kigali Over Wetland Concerns
Engen has permanently closed three of its petrol stations in Kigali—Engen Gitikinyoni 1, Engen Gitikinyoni 2, and Engen Poids Lourds—effective…
Chinese Companies Expand in Africa’s Booming Cement Market
Africa’s cement market is experiencing a surge, fueled by rapid urbanization, expanding infrastructure projects, and rising construction activity. The boom…
Senegal and Mauritania Begin Gas Production from Joint Field
Senegal and neighboring Mauritania have officially launched gas production from the Grand Tortue Ahmeyim (GTA) field, which straddles the maritime…
Nigeria to Launch National Credit Guarantee Company in May 2025
Nigeria will establish a National Credit Guarantee Company in May 2025 to improve access to credit for businesses and individuals,…
Eskom Reports R55 Billion Loss, Expects Profit by 2025
South Africa’s state-owned utility, Eskom, posted a massive R55 billion ($3 billion) loss for the fiscal year ending March 2023,…
DRC Files Criminal Case Against Apple Over Alleged Use of Conflict Minerals
The Democratic Republic of Congo (DRC) has filed a criminal case against Apple Inc. over allegations the tech giant used…