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#Business
Why Europe Is Racing to Reduce Its Dependence on Foreign AI
Europe's push for AI independence isn't an abstract policy goal anymore. It's a direct response to watching the United States briefly cut off access to frontier AI models this June, right as NATO prepares to discuss AI and cyber warfare in Ankara. Here's what's actually driving the urgency, and why Europe's own AI champion still isn't close to catching up
Samsung Forecasts a 19-Fold Profit Surge as AI Chip Demand Powers Growth
Samsung says its Q2 2026 operating profit will be nearly 19 times higher than a year ago, marking its third straight record quarter. The driver isn't a new phone or chip breakthrough; it's a memory chip shortage so severe that DRAM and NAND prices are both climbing at once
Adeyemi Segun Samuel: The AI Entrepreneur Building Smarter Digital Solutions for Africa
Adeyemi Segun Samuel didn't set out with a computer science pedigree. He built his technical foundation through a data analytics course and relentless self-directed learning, then channelled it into AI-powered platforms for food businesses and vendors. His mission now is bigger than any single product: using AI to help Africa's local economies compete on a global stage
Reuters NEXT Asia 2026 to Spotlight AI, Business, and the Future of Technology
Reuters NEXT Asia returns to Singapore on July 9 under the banner "Shifting influence, defining decisions." Executives from Boeing, HSBC, Grab, and Johnson & Johnson will join government ministers to debate what comes after the AI pilot phase and what Asia's shifting economic centre of gravity means for business
Ayanfeoluwa Odunsi: The Self-Taught Builder Turning Ijebu Into Nigeria's Next Tech Hub
Ayanfeoluwa Odunsi didn't come up through a computer science degree or a big tech company. He built his way into product development through graphic design, data analytics, and football coaching. After a failed first product and a team that fell apart, he's now building AI tools for everyday Africans, with a bigger goal: turning his hometown into a tech hub
Why More Shops Are Closing Around the World, and Why Online Storefronts Are Winning
Empty storefronts and "For Rent" signs are becoming a familiar sight in cities from Lagos to London. At the same time, businesses selling primarily online, some run entirely from home, are growing faster than ever. Here's what the data says about why, and what it means for Nigerian entrepreneurs deciding where to put their next investment
GoLemon Shuts Down After 28 Months, Highlighting the Challenges Facing Nigeria's Grocery Delivery Startups
GoLemon delivered more than ₦2 billion in groceries to 40,000 Lagos customers before running out of runway. Its founders say the problem wasn't proving one order could turn a profit, it was generating enough of them before the money ran out. That distinction is becoming a familiar epitaph in Nigeria's grocery delivery graveyard
Introducing KiaGo Tech: Building the Operating System for Everyday Commerce in Africa
Lunch from a restaurant, groceries for the house, produce from the market down the road. Getting through a single week of everyday buying in Nigeria often takes five different apps and a dozen WhatsApp chats. Kiago Tech was built to close that gap, not with one product, but with an integrated ecosystem: KiaChow, KiaChow Store, Market Square, KiaVendor, and KiaKart