Tag: sterlink
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South Africans fear spike in HIV infections as US aid cuts bite
Gugu used to collect her antiretrovirals from a USAID-funded clinic in central Johannesburg. But when President Trump’s cuts to aid funding were announced earlier this year, she and thousands of other HIV-positive patients across South Africa suddenly faced an uncertain future. Gugu was lucky, the clinic where she got the medication that helps suppress her…
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Meta shares jump as AI fuels ad sales, outweighing big capital costs
Meta Platforms forecast third-quarter revenue well above analysts’ estimates on Wednesday, as artificial intelligence once more powered its core advertising business, sending its shares soaring 11% in extended trading. The bumper results could ease investor worries about the social media giant’s frenzied pace of spending, at least for now, as it seeks to change Wall…
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Tesla Signs $16.5 Billion Chip Deal With Samsung Electronics
Tesla (TSLA.O), opens new tab CEO Elon Musk said the U.S. automaker had signed a $16.5 billion deal to source chips from Samsung Electronics (005930.KS), opens new tab, a move expected to bolster the South Korean tech giant’s loss-making contract manufacturing business. Samsung shares rose more than 4% after the news. “Samsung’s giant new Texas fab will be…
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Launch of Horizon Europe Work Programme 2025: Africa Initiative III now open for proposals
The European Union has launched the Horizon Europe Work Programme 2025, with a committed focus on deepening EU-Africa cooperation in Research and Innovation (R&I). This includes the publication of Africa Initiative III, which allocates €500.5 million across 24 calls for proposals, aimed at advancing shared priorities between Africa and the EU. Building on the momentum…
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China-Africa Forum focuses on infrastructure development
The Director of the Centre for Contemporary China-Africa Research in Nigeria, Prof Sheriff Ibrahim, on Tuesday, said the China-Africa Forum will spotlight poverty alleviation and infrastructure development as key strategies for Africa’s modernisation. According to Ibrahim, the forum will serve as a strategic platform to align African growth efforts with China’s development successes. The second…
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FG signs MoU to train 100,000 youths annually in forex trading
As part of efforts to tackle youth unemployment and promote financial inclusion, the Federal Government of Nigeria has signed a strategic Memorandum of Understanding (MoU) with Investonaire Academy to train 100,000 young Nigerians each year in the dynamic field of foreign exchange (Forex) trading. The agreement, formalized in Abuja, is set to equip Nigerian youth…
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Korea to support Nigeria’s efforts on food security – Ambassador Kim Pankyu
Nigeria and South Korea’s relationship hit 45 years in March. The Ambassador of Korea to Nigeria, Ambassador Kim Pankyu, said his country is ready to support Nigeria’s move to ensure food security. He also said the bilateral trade between the two countries had grown by 38 per cent in the past year. The envoy spoke…
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Reaching for the stars: How I helped Africa grow its quantum capacity
Yaseera Ismail went from transforming an empty storeroom into a cutting-edge lab to leading Africa’s first quantum satellite communication link. On a clear spring night in October 2024, as I stood on the rooftop of the engineering building at Stellenbosch University (SU), I knew we were about to achieve something remarkable. For six memorable minutes,…
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AFRICAN MEDICAL CENTRE OF EXCELLENCE (AMCE) OPENS ITS DOORS TO THE PUBLIC AS IT SEEKS TO TRANSFORM HEALTHCARE IN AFRICA
The African Medical Centre of Excellence (AMCE) officially opened today, marking a historic milestone in Africa’s journey towards healthcare sovereignty. The US$300 million tertiary medical facility, developed by African Export-Import Bank (Afreximbank) in partnership with King’s College Hospital London, welcomed His Excellency President Bola Ahmed Tinubu as guest of honour, represented by His Excellency, Senator…
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