Wednesday, March 18, 2026
Apple in best 5-year quarterly earnings at $123.9bn for Q1
BY CHARLES ABUEDE American technology giant, Apple Inc., recorded its highest quarterly revenues in five years when it posted $123.9...
Read moreDetailsAfrica’s ‘big 5’ economies hold over 50% of Africa’s $2.1trn private wealth
BY CHARLES ABUEDE Private billionaires or high-net-worth individuals with more than $1 million in private wealth in Africa are on...
Read moreDetailsCocoa records little price movement despite stormy global economy
BY ONOME AMUGE Cocoa prices failed to record any significant price movement in March 2022 despite a distortion in the...
Read moreDetailsEthiopian, UTD, AFRAA sign to African aviation renaissance via MRO services
By Sade Williams/Business a.m. Ethiopian Airlines MRO, UTD Aviation Solutions and the African Airlines Association (AFRAA) have signed a tripartite...
Read moreDetailsSmartphone shipments plunge 11% in Q1’22 on war, covid, inflation
BY ONOME AMUGE The global smartphone market for the first quarter of 2022 recorded its steepest decline since the Covid-19...
Read moreDetailsAfrica’s PE, VC fundraising hits $7.4bn in 2021 as deals, investor confidence rise
BY CHARLES ABUEDE The total value of private capital deals reported in Africa reached a record high of $7.4 billion,...
Read moreDetailsNetflix to charge $3 extra for account share, in bid to monetize subscriber base
BY CHARLES ABUEDE Netflix, the worldwide streaming and video-on-demand company, plans to expand its test that charges members a higher...
Read moreDetailsRevealed: How Meta spends $73,000 daily to secure Mark Zuckerberg
BY CHARLES ABUEDE Mark Zuckerberg, the founder of Facebook and chief executive officer of Meta, its parent company, and his...
Read moreDetailsIMF warns global financial system faces repercussions from Ukraine war
BY CHARLES ABUEDE Global financial conditions have tightened and downside risks to economic outlook have increased as a result of...
Read moreDetailsAfDB invests €9.8m equity to support African entrepreneurs’ seed-to-growth
BY ONOME AMUGE A fresh equity investment worth €9.8 million has been approved by the board of the African Development...
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