• World Bank Raises Africa's 2026 Growth Forecast to 4.3%-monafrika

    World Bank Raises Africa’s 2026 Growth Forecast to 4.3%, Urges AI Investment 0

    The World Bank has raised its forecast for Sub-Saharan Africa’s economic growth in 2026 to 4.3%, up from its earlier forecast of 4.0%. The Bank said stronger domestic demand, improved macroeconomic resilience and investment in energy and digital technologies are supporting the region’s growth. But the Bank warned that stronger economic growth is not yet […]

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  • World Bank Raises Africa Growth Forecast to 4.3%, Calls for More AI Investment-monafrika

    World Bank Raises Africa Growth Forecast to 4.3%, Calls for More AI Investment 0

    The World Bank has raised its forecast for Sub-Saharan Africa’s 2026 economic growth from 4.1% to 4.3%. The bank says stronger economic performance and reforms in several countries, including Nigeria, Zambia, Ethiopia and Angola, contributed to the improved outlook. But the World Bank warned that economic growth is still not translating into enough improvement in […]

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    Nigeria Tech Firm Expands Digital Fuel Platform Across Africa 0

    Nigerian technology company Tango Brook Technologies is expanding its digital fuel-management platform into more African markets. The company says its platform is designed to help businesses monitor fuel spending, reduce leakages and improve control over energy expenses. It currently operates across Nigeria, Ghana, Sierra Leone, the Democratic Republic of Congo and Zimbabwe, according to the […]

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  • Nigeria Records Nearly 5,000 Cyberattacks Every Week

    Nigeria Records Nearly 5,000 Cyberattacks Every Week 0

    Cyber Threats Rise 45% as Nigerian Businesses Face Growing Online Risks Nigeria is facing a sharp rise in cyber threats, with organisations recording an average of 4,906 cyberattacks every week in August. The figure represents a 45% increase compared with the same period last year, according to data from Check Point Research. The increase comes […]

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  • US Targets Africa's Telecom Market With Nearly $100m Africell Loan

    US Targets Africa’s Telecom Market With Nearly $100m Africell Loan 0

    The United States is stepping deeper into Africa’s telecommunications sector with a planned loan of almost $100 million to Africell. The financing is expected to help the telecom company invest in newer mobile-network technology supplied by American and allied technology companies. The move is part of Washington’s wider effort to increase the use of Western […]

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  • Nigeria's 5G Connections Jump 41% in One Year

    Nigeria’s 5G Connections Jump 41% in One Year 0

    LAGOS — Nigeria’s adoption of 5G mobile technology has increased sharply, with 5G connections rising by about 41 per cent in the year to June 2026. According to figures from the Nigerian Communications Commission, 5G accounted for 4.61 per cent of mobile connections in June, compared with 3.27 per cent a year earlier. 4G remains […]

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