The initiative is a big boost for African technology and start-up firms after venture capital inflows plummeted last year.
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TeleMasters has received a proposal from a black-led investor to buy out the company’s two largest shareholders.
In trying to block China’s climb up the ladder of technological sophistication, the US may inadvertently be giving its rival a hand up.
A US stock rally supercharged by excitement over AI is drawing comparisons with the dot-com bubble two decades ago.
The first half of 2024 has been another whirlwind in world markets, with key indices lifted by the relentless rise of Nvidia.
A hot new online game is refuelling investor optimism for Tencent, driving China’s biggest stock boost of 2024.
Nvidia has entered correction territory after it extended a sharp recent selloff.
Naspers was buoyed by improved performance in e-commerce and contributions from China’s Tencent.
Apple’s record-breaking rally has invited scepticism as to whether its AI strategy justifies the stock’s valuation.
Investors are cautiously optimistic South Africa’s new unity government can deliver stable economic policies to revive growth.