Two of Europe’s biggest energy companies are stepping up efforts to open a potentially giant oilfield off the coast of Namibia in one of the clearest signs the industry is pursuing new fossil fuel resources. UK-based Shell, which has drilled four exploration wells in the Atlantic Ocean off Namibia’s southern coast since 2021, received approval … Read More “Could Namibia be the next oil frontier?” »
Minuscule traces of uranium have been found in the outer shells of turtles and tortoises, providing a new way of tracking radioactive contamination over time. Turtles and tortoises have been found to store decades-long records of exposure to radioactive contamination on their backs. A team of scientists at the Pacific Northwest National Laboratory used a … Read More “Turtle shells hold clues on nuclear contamination, researchers find” »
Mastercard has collaborated with the Zanzibar e-Government Agency (eGAZ) to support and accelerate its ambitious digital transformation journey. This will allow different sectors across the Zanzibar islands, including tourism, to digitize payments which will significantly contribute to robust economic growth. The signing of the Memorandum of Understanding took place at the launch of the Zanzibar Digital … Read More “Mastercard and Zanzibar e-Government Agency partner to accelerate digital transformation across the islands” »
According to Mordor Intelligence, Africa’s electric vehicle market could reach $21.39 billion by 2027. Similarly, the market for motorcycles in the continent will grow to $5.07 billion by 2027. Africa has at least a fifth of the world’s metal reserves critical for the energy transition, which includes about 19 per cent of those needed for … Read More “E-Mobility in Africa to Revolutionize Transport systems” »
Vivo Smartphone, a global leading technology company with 20% of the smartphone market share in China (ranked first), has recently introduced its stunning new model, vivo Y36, onto the South African market – and it’s a cracker. The new phone is set to turn some heads with an eye-catching design, a camera system that redefines … Read More “Vivo’s Eye-Catching New Y36: Not Just a Pretty Face – IT News Africa” »
While businesses struggle with raising funds, Ethiopian hand-crafted leather goods brand, Parker Clay says it is building a community of fundraisers. That is because instead of a traditional series A round, the brand democratized its funding round by allowing members of its community to invest and become shareholders at Parker Clay. “We wanted our community … Read More “How Parker Clay is democratizing Africa’s fashion industry” »
China has made a number of pledges recently to revive the economy’s recovery and improve the business environment as concerns about the growth outlook continue to mount. A flurry of statements from the government and Communist Party since July have largely focused on encouraging more spending on things like consumer goods and cars, coaxing private … Read More “Everything China is doing to juice its flagging economy” »
The competition regulator in Kenya has given Moniepoint Inc. the green light to acquire Kopo Kopo, a Kenya-based company offering payments services and credit to businesses. Following the approval by Competition Authority of Kenya (CA), Moniepoint (formerly TeamApt) will expand its services to Kenya continuing its growth plans across the continent. Moniepoint Inc, which runs … Read More “Moniepoint cleared to acquire Kenyan fintech Kopo Kopo” »
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Credit: CC0 Public Domain North Carolina State University researchers found in a new study that while many tourists visiting a mountain destination in southern Mexico wouldn’t change their near-term plans to visit due to climate change, more than two-thirds said they would or might change their plans by 2060 under more drastically changed conditions. In … Read More “Tourists’ long-term plans more uncertain under climate change” »
