Thursday, June 11, 2026
Africa’s smartphone market experienced a quarter-on-quarter (QoQ) decline of 6.4 percent during Q4 2017, according to the latest insights announced by International Data Corporation (IDC). The global technology research and consulting firm’s Quarterly Mobile Phone Tracker shows smartphone shipments were down to 20.3 million units for the quarter. Year on...
U.S. cocoa futures have rallied more than 30 percent in 2018 so far, sharply outperforming other core U.S. commodities on signs of improving demand and forecasts for a smaller global surplus. Benchmark ICE Futures U.S. New York cocoa futures have rallied around 34 percent since the end of 2017 to...
Govt. made great strides to combat cyber-crime and crack down on IP infringement The Government of Egypt has announced that it is setting up a specialized digital forensic lab for Intellectual Property as part of its enforcement schemes of combating software piracy. The new lab, the first of its kind in...
US President Donald Trump has sacked Secretary of State Rex Tillerson, replacing him with the director of the CIA, Mike Pompeo. Thanking Mr Tillerson for his service on Twitter, Mr Trump said the new state secretary would do "a fantastic job". Mr Tillerson, a former chief executive of ExxonMobil, was only...
Ghana may only produce around 700,000 tonnes of cocoa this season, well short of its initial forecast of 850,000 tonnes, due to poor rains during the main crop harvest, the head of the Cocobod marketing board told Reuters on Monday. The International Cocoa Organization (ICCO) forecast a global cocoa surplus...
South Africa’s Competition Tribunal on Friday approved, subject to conditions, a deal for China’s Sinopec Corp to buy Chevron’s assets in South Africa and Botswana. State-owned Sinopec was competing for the assets with commodities trader and miner Glencore, which swooped in last October with a $973 million bid following delays...
Coca-Cola is planning to produce an alcoholic drink for the first time in the company's 125-year history - with an alcopop-style product in Japan. It is keen to cash in on the country's growing taste for Chu-Hi - canned sparkling flavoured drinks given a kick with a local spirit called...
ECM activity in 2017 was the second highest since 2013 in terms of volume with 121 issuances, up 25% over the prior year, and the highest since 2013 in terms of value Overall, African equity capital market transaction volume and value improved in 2017 over 2016. In terms of value,...
Progress in the fight against hunger is patchy. New tools must target action to those who are most vulnerable In 2000, the United Nations hosted the largest gathering of political leaders ever held. At that meeting, all 189 UN member states, plus leading development institutions, committed to the Millennium Development...
The spokesperson for the National People’s Congress of the People’s Republic of China, Zhang Yuesi, has said China is open for international trade with any country that desires to do business. He cited the One belt, One Road (OBOR) project as one of the initiatives which has the potential of...