Home 2024 December 17 (Tuesday)

Day: <span>17 December 2024</span>

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Smartphone industry to thrive in 2025 as 5G and AI drive demand

Smartphone industry to thrive in 2025 as 5G and AI drive demand

The smartphone market is poised for a strong 2025, driven by product portfolio refreshes among leading handset manufacturers, rising consumer interest in innovative artificial intelligence (AI) features, and growing demand for and increased affordability of 5G devices. IDC’s five-year forecast for smartphone shipments worldwide by operating system shows that the smartphone market reached 1.21 billion units shipped...

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OPINION | Why Some Enterprises Consider Their Data Irrelevant

OPINION | Why Some Enterprises Consider Their Data Irrelevant

Trust is rarely about the deployment of new technologies but more to do with the way data is stored and managed across the enterprise. Data has a trust problem. While it is arguably an organisation’s most valuable asset, with data-driven companies 23 times more likely to acquire customers (according to the McKinsey Global Institute), the...

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European Union-Africa Chamber of Commerce Appoints Nicolas Pompigne-Mognard as Strategic Advisor

European Union-Africa Chamber of Commerce Appoints Nicolas Pompigne-Mognard as Strategic Advisor

The European Union-Africa Chamber of Commerce (EUACC) announced the appointment of Nicolas Pompigne-Mognard, Founder and Chairman of APO Group, as a Strategic Advisor effective December 16, 2024. With his extensive experience in driving cross-continental partnerships and his unwavering commitment to promoting Africa’s economic potential on the global stage, Nicolas will offer his contribution in guiding...

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African Development Bank to make $30 million equity investment in Africa Finance Corporatio

African Development Bank to make $30 million equity investment in Africa Finance Corporatio

The African Development Bank’s Board of Directors has approved a $30 million equity investment in Africa Finance Corporation (AFC) for the rollout of innovative “green shares” aimed at mobilising resources for climate action projects across Africa. The innovative financial instruments are expected to unlock significant funding for high-impact projects, including wind and solar power plants...

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Brazil signs 12-year kit supplier partnership extension with Nike 

Brazil signs 12-year kit supplier partnership extension with Nike 

The Brazilian Football Federation (CBF) has agreed a 12-year partnership extension with Nike as the federation’s exclusive kit supplier. Nike and the CBF’s partnership first began in 1996, and the extension will ensure their collaboration enters its fourth decade. Multiple reports indicate the new deal will be worth US$100 million per year to the federation, in addition...

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