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14/08/2025

In this episode of Smart Growth, we sit down with Kunle Wilson, the creative mind and business driver behind WT Wears, a fashion brand with a loyal following.

Rolls-Royce is aiming to become the UK’s most valuable company by leveraging its nuclear expertise to power artificial i...
13/08/2025

Rolls-Royce is aiming to become the UK’s most valuable company by leveraging its nuclear expertise to power artificial intelligence through small modular reactors (SMRs).

CEO Tufan Erginbilgic says the firm’s unique nuclear capabilities, already used in submarine reactors, position it to dominate the trillion-dollar SMR market, with demand projected at 400 units by 2050.

The engineering giant has secured deals to develop SMRs for the UK and Czech Republic, despite the technology still lacking an operational example, and is banking on AI’s energy needs to drive growth.

For more updates visit:
www.africabusinessradio.com

11/08/2025

International Youth Day (August 12) provides an annual opportunity to recognize the potential, innovation, and leadership of young people in shaping a better fu

Air India will suspend its New Delhi–Washington, D.C. route from September due to a shortage of aircraft, as 26 Boeing 7...
11/08/2025

Air India will suspend its New Delhi–Washington, D.C. route from September due to a shortage of aircraft, as 26 Boeing 787-8 planes undergo upgrades until late 2026.

The suspension, compounded by Pakistan’s ongoing airspace ban on Indian carriers, leaves no direct flights between the two capitals by an Indian airline.

The ban, imposed after a deadly Kashmir attack, has cost Air India an estimated $600 million annually.

For more updates visit:
www.africabusinessradio.com

OpenAI has unveiled GPT-5, a faster, more capable upgrade to the AI model powering ChatGPT, now available to both free a...
08/08/2025

OpenAI has unveiled GPT-5, a faster, more capable upgrade to the AI model powering ChatGPT, now available to both free and paid users.

CEO Sam Altman described the model as a leap toward artificial general intelligence, claiming it feels like conversing with a “PhD-level expert” rather than a college student.

GPT-5 promises improved accuracy, fewer hallucinations, and greater honesty when it cannot fulfill a request.

Key enhancements include advanced coding abilities, such as generating entire software applications, positioning GPT-5 as a major tool for developers and businesses.

For more updates visit:
www.africabusinessradio.com

“Whatever business you are in, you must know the business very well.” - Mike Adenuga
07/08/2025

“Whatever business you are in, you must know the business very well.” - Mike Adenuga

Uber unveiled a $20 billion stock buyback program and projected third-quarter bookings above Wall Street estimates, driv...
06/08/2025

Uber unveiled a $20 billion stock buyback program and projected third-quarter bookings above Wall Street estimates, driven by its growing "Uber One" loyalty program, which saw a 60% surge in members to over 36 million.

The company reported an 18.2% jump in Q2 gross bookings, fueled by strong delivery and mobility growth, with net income rising to $0.63 per share.

Uber’s strategy to boost habitual usage, including discounts and fixed-price subscriptions, is paying off, with over a third of bookings now coming from loyalty members.

For more updates visit:
www.africabusinessradio.com

Sweden, Norway, and Denmark will contribute a combined $500 million to a NATO-led initiative supplying Ukraine with U.S....
05/08/2025

Sweden, Norway, and Denmark will contribute a combined $500 million to a NATO-led initiative supplying Ukraine with U.S. weapons, including Patriot missiles, to bolster its defense against Russia.

The funding, announced on Tuesday, aims to expedite deliveries and strengthen NATO cooperation, with Denmark providing $90 million, Norway $146 million, and Sweden $275 million.

Ukrainian President Volodymyr Zelenskiy praised the move as a foundation for long-term European security, while NATO Secretary General Mark Rutte thanked the Nordic nations for their swift support.

For more updates visit:
www.africabusinessradio.com

Tesla has granted CEO Elon Musk 96 million new shares worth $29 billion to retain his leadership amid a legal battle ove...
04/08/2025

Tesla has granted CEO Elon Musk 96 million new shares worth $29 billion to retain his leadership amid a legal battle over his 2018 pay package, which a Delaware court voided for being unfair to shareholders.

The new award, tied to Musk staying through 2027, aims to boost his voting power and keep him focused on Tesla’s shift toward AI and robotics, offsetting the original package if reinstated.

For more updates visit:
www.africabusinessradio.com

HAPPY NEW MONTH!Wishing you a happy and productive new month from all of us at Africa Business Radio.
01/08/2025

HAPPY NEW MONTH!
Wishing you a happy and productive new month from all of us at Africa Business Radio.

Samsung Electronics Co. reports a 50% surge in U.S. sales for its latest Galaxy Z Fold 7 and Z Flip 7 foldable phones co...
31/07/2025

Samsung Electronics Co. reports a 50% surge in U.S. sales for its latest Galaxy Z Fold 7 and Z Flip 7 foldable phones compared to predecessors, signaling growing consumer interest. Preorders for both models rose over 25%, with carrier partners seeing a 60% jump.

The blue Z Fold 7 and coral red Z Flip 7 were particularly popular, attracting new demographics, including more female buyers. Samsung credits the devices' sleek designs and improved usability for the strong demand, positioning it ahead of Apple’s anticipated foldable iPhone debut next year.

For more updates visit:
www.africabusinessradio.com

Mercedes-Benz has temporarily halted deliveries of its EQ electric vehicles in the U.S. due to weakening demand and high...
30/07/2025

Mercedes-Benz has temporarily halted deliveries of its EQ electric vehicles in the U.S. due to weakening demand and high dealer inventories.

The move follows President Donald Trump's recent spending bill, which accelerated cuts to EV tax credits, prompting analysts to lower 2024 U.S. EV adoption forecasts.

A company spokesperson stated the pause aligns with current market conditions, though CEO Ola Kaellenius remains optimistic about long-term EV growth, despite a 25% drop in battery-electric sales last year.

For more updates visit:
www.africabusinessradio.com

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Africa Business Radio provides insights and analysis of the Africa Business Landscape across the 54 countries, we cover from emerging African startups to macro-economics stories.