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19848 articles published since 08 Mar 2022

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African space tech? Don't rule it out, says Nigeria's startup king
African space tech? Don't rule it out, says Nigeria's startup king
Business and Economy

Iyinoluwa Aboyeji might not have the personal wealth of Elon Musk or Mark Zuckerberg, but his level of success as an African entrepreneur bears comparison with any Silicon Valley tech titan. Aboyeji, who has many of the trappings of a global tech boss -- he is often known simply as "E" and he wants to build a city devoted to tech -- says African entrepreneurs should have big ambitions.

AI chatbots offer comfort to the bereaved
AI chatbots offer comfort to the bereaved
Business and Economy

Staying in touch with a loved one after their death is the promise of several start-ups using the powers artificial intelligence, though not without raising ethical questions. "It's a very fine ethical area that we're taking with great care," Smith said.

Canada central bank raises key lending rate to 4.75%
Canada central bank raises key lending rate to 4.75%
Business and Economy

Canada's central bank on Wednesday increased its key lending rate by 25 basis points to 4.75 percent, as the economy surged unexpectedly and inflation remained stubbornly high. Desjardins analyst Royce Mendes echoed that view, saying he "continues to lean towards another 25 basis point rate hike in July, which would take the policy rate up to 5.00 percent -- the highest since 2001." amc/bfm

All-time high export volumes widen Canada trade surplus
All-time high export volumes widen Canada trade surplus
Business and Economy

Canada's trade surplus widened sharply to Can$1.9 billion (US$1.4 billion) in April, as exports rebounded to an all-time high in terms of volumes, the national statistical agency said Wednesday. According to Statistics Canada, exports increased 2.5 percent in April after two consecutive monthly declines.

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