Browsing: Technology

Stay informed with the latest technology news updates and exclusive investigations from ABS Africa TV. Our Technology News section delivers breaking stories, in-depth analysis, and trusted reporting on the events of technology.

Green technologies are mineral-intensive: electric vehicles, batteries, solar panels, wind turbines and grids need cobalt, lithium, copper, manganese, graphite and rare earths. The International Energy Agency estimates that electric cars require six times more minerals than a petrol or diesel car. A wind power plant requires about nine times more minerals than a gas-fired plant.

The Dow Jones rose 1.03% on strong earnings, while the Philadelphia Semiconductor Index plummeted 4.49% as technical support faltered. Markets now await the Federal Reserve’s interest rate decision. Sector-specific developments include Apple’s planned expansion into the smart home market via a Siri-based hub, and Amazon’s strategic pivot toward “Frontier Model Research.” Meanwhile, Visa announced a…

Morocco has introduced a new government-backed financing mechanism aimed at strengthening investment in the country’s digital startup ecosystem by directing more capital toward venture capital funds that support technology companies. The Startup Catalytic Fund is designed to attract additional private investment and expand access to financing for Moroccan startups operating in the digital sector.

KIGALI, Rwanda, September 22 (IPS) – Africa is emerging as the world’s fastest-growing technology market, with its innovation ecosystem attracting increasing global investment. The European Investment Bank’s recent €40 million commitment to the sector underscores this growing confidence.