Deeper divides for vulnerable economies as tariffs bite

Deeper divides for vulnerable economies as tariffs bite

A wave of new import tariffs is set to reshape global trade dynamics and significantly raise trade costs for many developing countries, alerts UN Trade and Development (UNCTAD) in a new data-driven analysis, titled “Sparing the vulnerable: The cost of new tariff...
Africa braces for tariff shocks

Africa braces for tariff shocks

As the US imposes higher tariffs with global ramifications, African Development Bank Group president Dr Akinwumi Adesina has warned that these measures could trigger significant economic disruptions across Africa, affecting numerous nations and accelerating a...
Google adds more AI abilities to search

Google adds more AI abilities to search

Google has announced new artificial intelligence (AI) features in search, extending AI Overviews to allow users to ask more complex questions in a variety of modes. Elizabeth Reid, vice-president: head of search, outlines in a company blog that AI Mode in Search will...
Consumer spend slows despite economic recovery

Consumer spend slows despite economic recovery

The Absa Merchant Spend Analytics Report for Q1 2025 reveals a noticeable deceleration in card spending growth, even as broader economic indicators show signs of improvement. While overall card spending and transaction volumes grew by 7% and 10% respectively in Q1,...
Nvidia powers world’s largest quantum research supercomputer

Nvidia powers world’s largest quantum research supercomputer

Nvidia has announced the opening of the Global Research and Development Centre for Business by Quantum-AI Technology (G-QuAT), which hosts ABCI-Q — the world’s largest research supercomputer dedicated to quantum computing. Quantum processors promise to augment AI...
Does Africa have the skills to benefit from AI?

Does Africa have the skills to benefit from AI?

Africa stands to reap substantial benefits from artificial intelligence (AI) – but only if organisations are able to skill up in time. This is among the findings from a new SAP report, ‘Africa’s AI Skills Readiness Revealed’, which provides research into how African...