Author: Ableditor

Micron has unveiled a 512GB DDR5 server memory module designed for AI and data-intensive workloads. Here is what the technology could mean for Micron, SanDisk and the memory market. Micron Technology has unveiled what it describes as the world’s first 512GB DDR5 registered DIMM (RDIMM) for next-generation servers, introducing a high-capacity memory product aimed at the rapidly expanding demands of artificial intelligence and data-intensive computing. The announcement comes as investors watch memory-chip companies, including Micron Technology and SanDisk, amid strong demand for memory and storage infrastructure supporting AI data centres. Micron’s new 512GB DDR5 RDIMM has demonstrated speeds of up…

Kenya is stepping up efforts to secure fresh financing for major infrastructure projects, with the National Treasury holding talks with the China Development Bank (CDB) as the government searches for additional capital to support roads, water infrastructure, digital development and other priority sectors. Treasury Principal Secretary Chris Kiptoo met CDB Executive Vice President Wang Peng at the bank’s headquarters in Beijing on September 15, 2026. The discussions reviewed projects already supported by the Chinese lender and explored opportunities to expand financial cooperation. The talks come as Kenya prepares an ambitious pipeline of transport projects, including new expressways intended to improve…

On the southern coast of the Gulf of Aden, the port city of Berbera is becoming one of the most closely watched commercial hubs in the Horn of Africa. For centuries, Berbera’s location made it a natural trading point between the Arabian Peninsula, the Somali coast and the interior of the Horn. Today, a major redevelopment programme is attempting to turn that geographic advantage into a modern logistics and industrial centre connecting Somaliland, Ethiopia and international markets. At the centre of the transformation is DP World’s investment in Berbera Port, alongside the development of the Berbera Economic Zone and the…

For more than a century, Standard Chartered Bank Kenya has occupied a distinctive position in the country’s financial sector. Founded in Kenya in 1911, the bank has evolved from a traditional branch-based lender into a financial institution increasingly focused on wealth management, corporate banking, digital services and cross-border finance. Its longevity is notable, but the more interesting story is how the bank is adapting to a banking industry being reshaped by mobile money, digital platforms, changing interest rates and increasingly sophisticated customers. From Mombasa to a modern banking franchise Standard Chartered’s Kenyan history dates back to 1911, when its first…

Kenya’s High Court has nullified the Government’s sale of a 15 per cent stake in Safaricom to South Africa’s Vodacom, ordering that the shares be restored to the State. The three-judge bench ruled on Tuesday, September 15, 2026, that the transaction breached constitutional and legal requirements, particularly those relating to public participation, transparency and disclosure of material information. The decision throws the future of one of Kenya’s largest corporate transactions into fresh uncertainty, less than three months after the deal was completed. Sh204.3 billion transaction The Government had agreed to sell 15 per cent of its 35 per cent stake…

Aliko Dangote’s fortune has jumped sharply following the opening of the initial public offering (IPO) of his Nigerian oil refinery, pushing Africa’s richest man’s estimated wealth above $51 billion. The Dangote Petroleum Refinery and Petrochemicals IPO opened on September 14, 2026, in what is being described as the largest initial public offering in African capital-market history. The offer involves 4.1 billion new ordinary shares priced at N525 each, with the company seeking to raise about N2.15 trillion ($1.6 billion). The minimum subscription is 10 shares, costing N5,250. For Dangote, however, the significance of the transaction goes beyond the money being…

For decades, Ethiopia had one dominant telecommunications provider. That changed when the government opened the market to private competition and Safaricom entered the country. The result is one of Africa’s most closely watched telecom transformations. The changes are significant because Ethiopia is one of the continent’s largest markets by population, yet its digital economy has historically operated with relatively limited telecom competition. Today, both Ethio telecom and Safaricom Ethiopia are expanding networks, data services and mobile financial products. Their competition could have consequences far beyond phone calls. Ethio telecom’s transformation Ethio telecom remains the country’s dominant operator. But its business…

Ethiopia wants to move beyond an economy heavily dependent on agriculture and become a more important manufacturing and industrial centre. The ambition is significant. The country has a large domestic market, relatively low energy costs and an expanding industrial base. It has also invested in industrial parks and is courting investors in textiles, leather, pharmaceuticals, agro-processing, packaging and other industries. At the Invest in Ethiopia 2026 forum held in Addis Ababa in March, investment agreements worth approximately $13.1 billion were announced across sectors including manufacturing, renewable energy, agriculture, pharmaceuticals, construction and mining. The figure represents investment commitments rather than money…

For much of Africa’s aviation history, the continent’s airlines have struggled with high operating costs, weak profitability, ageing fleets and difficult international competition. Ethiopian Airlines has taken a different path. The Ethiopian flag carrier has developed into one of Africa’s most successful airlines, building a network that connects Addis Ababa with destinations across Africa and the world. Its latest financial results show the scale of that transformation. Ethiopian Airlines Group generated $9.1 billion in revenue during the 2025/26 financial year, while passenger numbers reached 20.7 million. Cargo has become an increasingly important part of the business. The airline transported 897,000…

Ethiopia is attempting to rebuild its economy after years of pressure from debt, foreign-exchange shortages and structural weaknesses that culminated in a sovereign default. The country is now undertaking one of its most consequential economic reform programmes in decades, combining debt restructuring with changes to its foreign-exchange market, financial sector and broader investment environment. The outcome matters beyond Ethiopia. As one of Africa’s largest economies by population and a major economy in the Horn of Africa, changes in Ethiopia’s economic policy can affect investors, manufacturers, traders and neighbouring countries. From debt pressure to restructuring Ethiopia defaulted on its $1 billion…