Convergence Partners’ Digital Infrastructure Fund (CPDIF) has reached a definitive agreement with Alviva Holdings to acquire the entire Datacentrix Group. Datacentrix, a 25-year-old company, specializes in...
The Port of Maputo appears to be using the logistics crisis in neighbouring South Africa to good effect. It increased volumes of product shipped by 16%...
Vodafone (VOD.L) has agreed a 10-year partnership with Microsoft (MSFT.O) to bring generative AI, digital, enterprise and cloud services to more than 300 million businesses and consumers across its European...
MultiChoice Group said on Monday that it is open to US media giant Comcast acquiring a larger stake in its video streaming platform, Showmax. Comcast, which owns...
Shell Plc agreed to sell its Nigerian onshore oil business to a consortium of local companies for more than $1.3 billion. If approved by the government,...
The global economy faces a year of subdued growth prospects and uncertainty stemming from geopolitical strife, tight financing conditions, and the disruptive impact of artificial intelligence,...
Volkswagen, whose drive to develop a “solid-state” electric car battery with U.S. startup QuantumScape has been dogged by delays, is casting its net wider in pursuit...
Apple (AAPL.O) is offering rare discounts on its iPhones in China, cutting retail prices by as much as 500 yuan ($70) amid growing competitive pressure in the world’s...
SOUTH Africa’s legal action against Israel for its military campaign in Gaza could upset the country’s trade relations with Israel’s biggest ally, the US, and further...
Artificial intelligence is set to affect nearly 40% of all jobs, according to a new analysis by the International Monetary Fund (IMF). IMF’s managing director Kristalina Georgieva says...