Browsing Tag

Propel

Egypt and South Africa Propel Africa’s Smartphone Surge While Nigeria Declines in Q1 2025

Intensifying Brand Competition in Africa In the ever-changing landscape of mobile telecommunications, TRANSSION has maintained its dominance in Africa, boasting a 47% market share. However, it’s worth noting that this figure has dipped by 5% compared to the previous year. As veteran vendors steady their ships, new competitors are rising to the occasion, armed with innovations and savvy marketing strategies. Samsung captured 21% of the market, primarily thanks to its popular A-series phones, which continue to resonate…

Saudi Investments Propel Economic Growth in South Africa with Billions at Stake

Significant Collaborations: Saudi Arabia and South Africa's Thriving Partnership Over the past year, a remarkable series of high-level discussions between Saudi Arabia and South Africa has unfolded, leading to some noteworthy agreements and deals that amount to billions of dollars. This burgeoning relationship is particularly evident in Africa's most industrialized nation, and there’s much more to come as corporate activities ramp up. The foundation of this growing partnership can be traced back to a pivotal…

BOF Listing to Propel AI Core Development Across the Organization

In today's fast-paced digital landscape, companies striving for innovation often find themselves at the intersection of technology and finance. One such organization making significant strides in this arena is BOF Investments. Through a strategic approach to its listing, BOF is set to enhance its development of a centralized artificial intelligence (AI) core layer via BOF Tech—the company's dedicated technology arm. This ambitious initiative will be the cornerstone of the wider BOF ecosystem, bolstering entities such as…

AfDB Funds Propel Ethiopian Airlines’ Bold Expansion

In a significant step forward for infrastructure and economic development in Ethiopia, a memorandum of understanding was signed for the ambitious Bishoftu International Airport Development Project. This collaboration marks a new chapter, not just for Ethiopian connectivity but for the entire African aviation landscape. The ceremony was graced by the presence of Mr. Mesfin Tasew, the visionary CEO of Ethiopian Airlines Group, and the insightful Mrs. Nnenna Nwabufo, Vice President for Regional Development,…

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