African Development Bank looks to catalyse continental development

The African Development Bank has signed a $20-million equity investment in the African Infrastructure Investment Fund 4 (AIIF4), reinforcing the Bank’s commitment to fostering private sector development and boosting infrastructure across the continent....

Telecoms are cyber attackers’ prime targets

Telecoms, mass media and construction development companies were the top cyberattack targets in the first half of 2024, says Kaspersky, with telecoms facing the greatest number of incidents – likely due to attackers’ interest in sensitive data and trusted...

New report delves into quantum trends

Quantum technology exists in unsuspecting places, including cameras, computers, and smartphones. While quantum technology research has existed in various forms for over a hundred years, the 21st century has an increased effort towards commercialisation, and the market...
July 2024 sets new heat records

July 2024 sets new heat records

Earth’s hottest day since records began in the 19th century was 22 July 2024, according to a NASA analysis of global daily temperature data. The previous two days, 21 July and 23 July of this year, also exceeded the previous daily record, set in July 2023. These...

Strong start to Q3 as July PMI surges to 52.4

The seasonally adjusted Absa Purchasing Managers’ Index (PMI) increased by 6.7 points to 52.4 in July 2024, up from 45.7 in June 2024, reflecting a solid start to the third quarter following a weak May and June. The survey results show that both domestic and...

AI-enhanced malicious attacks again a top emerging risk

Concern about artificial intelligence (AI)-enhanced malicious attacks again topped Gartner’s emerging risk rankings in the second quarter of 2024. Additionally, new concerns regarding soft ransomware targets are also coming to the forefront of enterprise risks....