Africa is experiencing a significant surge in artificial intelligence (AI) with increasing market valuations, emerging national strategies, and growing investor interest. According to SAP Africa’s 2025 report, the African AI market is anticipated to reach approximately US$4.51 billion in 2025, with projections indicating a rise to around US$16.53 billion by
A significant build-up in global oil inventories is projected to trigger a substantial drop in crude oil prices over the coming months. This outlook emerges even as Nigeria’s landmark Dangote refinery announces ambitious plans to become the world’s largest processing facility, betting on long-term regional demand. Dangote’s Refinery Expansion
The European Commission has granted unconditional antitrust clearance for the proposed $1.44 billion merger between American Axle & Manufacturing (AAM) Holdings and the UK’s Dowlais Group (a specialist engineering group focused on the automotive sector, whose businesses are GKN Automotive and GKN Powder Metallurgy). This significant regulatory milestone moves the
History teaches that: Pandemics return, wars re-emerge, economies rise and fall, and new technologies disrupt established orders. While the pattern of global events echoes across centuries, artificial intelligence (AI) marks a new inflection point. Now, disruption is cognitive and social at scale, altering how nations engage, how economies grow, and
The South African government says it has received distress calls from 17 South African men who are trapped in the war-torn Donbas region of Ukraine after being lured to join mercenary forces under the pretext of lucrative employment contracts. The men, aged between 20 and 39, have appealed for assistance
US President Donald Trump has launched a blistering attack on South Africa, saying the country “shouldn’t even be in the G’s anymore” and declaring he will not attend the upcoming Group of 20 (G20) summit to be hosted in Johannesburg later this month (https://iol.co.za/news/politics/2025-11-04-gauteng-ready-to-host-g20-summit-says-lesufi/). Speaking at a business forum in
Hyundai Motor Group’s (HMG) strategic push in the United States has received a significant boost following the announcement of a newly agreed trade deal between South Korea and the US. The agreement, confirmed by South Korean officials, includes a vital reduction of US import tariffs on South Korean vehicles. The
Trade in goods between Singapore and South Africa soared to US$1.4 billion in 2024, nearly doubling 2020 levels. This significant increase highlights a broader shift as companies re-evaluate supply chains, production bases, and logistics hubs in response to global economic instability. Singaporean firms, facing a limited domestic market and rising
Artificial intelligence has become the newest frontier in global economic competition not only between companies, but between entire states. Across the Global South, governments are beginning to recognise that AI is no longer a matter of technological adoption; it is a question of national power, data control, and industrial positioning.
In a striking realignment of global oil dynamics, the alliance of leading producers, OPEC+, signals a readiness to unwind previously rigid output cuts, thereby re-asserting itself as the pivotal balancing force in the oil and gas industry. With the group responsible for roughly 59% of global oil production in recent
