EBRD Invests $8m in Ventures Platform Fund to Back Nigerian, African Startups
The European Bank for Reconstruction and Development (EBRD) has invested $8 million in Ventures Platform Pan-African Fund II, backing early-stage…
Category: International
Tinubu Backs $3.1bn AfCFTA Customs Modernisation Project to Boost African Trade
President Bola Ahmed Tinubu has thrown his weight behind the $3.1 billion AfCFTA Customs Modernisation Project, describing the initiative as…
AI could make many jobs disappear forever, Bill Gates warns
Artificial intelligence could trigger one of the biggest disruptions to employment in modern history, with Microsoft co-founder Bill Gates warning…
Nvidia Forecast Sends Nasdaq Higher as Chip Stocks Rally
The Nasdaq Composite climbed 0.8% on Thursday, leading gains across major U.S. stock indexes after Nvidia delivered a stronger-than-expected earnings…
Meta Agrees to $18 Billion Settlement Over Claims Its Platforms Harm Children
Meta has agreed to an $18 billion settlement with 52 US attorneys general following claims that Facebook and Instagram have…
MTN Plans 150MW AI Data Centres in Nigeria and South Africa With UAE-Backed Investor
MTN Group is stepping deeper into Africa’s booming artificial intelligence space, with plans to develop AI-enabled data centres with an…
IMF Warns Excessive Regulation, Weak Institutions Could Slow G20 Growth
The International Monetary Fund (IMF) has warned that excessive regulation and weak institutions could hold back economic growth across G20…
Stocks Rise as Oil Prices Slip Amid Growing Iran Tensions
Global stocks gained on Tuesday while oil prices eased as investors weighed the United States’ latest economic pressure on Iran…
OpenAI Data Center Chief Exits as Executive Turnover Raises Fresh Questions
OpenAI is facing another high-profile executive departure, with its former head of data centers, Chris Malone, leaving the company after…
IMF Urges Nigeria to Deepen Fiscal, Monetary and Governance Reforms
The International Monetary Fund (IMF) has urged Nigeria and other major African economies to intensify fiscal, monetary and governance reforms…
Canada Expands Air Transport Agreement with Nigeria, Opens Door to Direct Flights
The Government of Canada has expanded its air transport agreement with Nigeria, paving the way for direct flights between the…
Alibaba Shares Slide After $10.2 Billion Share Sale to Fund AI Expansion
Alibaba shares came under heavy pressure on Monday after the Chinese technology giant announced an $10.2 billion share placement to…
Microsoft Warns Trust Gap Could Hold Back Africa’s AI Growth
Africa could miss out on a major share of the economic opportunities created by artificial intelligence if governments, businesses and…
Tinubu Leads Africa’s Push to Turn Mineral Wealth Into Industrial Power
President Bola Tinubu is set to lead a major African push to gain greater control over the continent’s mineral wealth…
Stock Futures Slip as Tech Shares Retreat Amid Rising Treasury Yields
Stock futures opened the week slightly lower on Monday as technology shares came under pressure, adding to concerns among investors…
BOC Kenya Raises Dividend 60% Despite Sharp Profit Decline
BOC Kenya has delivered a mixed financial performance in the first half of 2026, with the industrial and medical gases…
Car & General More Than Doubles in Two Weeks as NSE Hits Record KSh4.1 Trillion
Car & General PLC continued its remarkable run on the Nairobi Securities Exchange (NSE), with its share price jumping 42.84%…
Bitcoin jumps above $77,000 on US crypto policy hopes
Bitcoin surged above the $77,000 mark on Friday as growing optimism over cryptocurrency legislation in the United States and a…
ChatGPT Can Now Send Messages for Users Through Apple Messages
OpenAI has introduced a new Apple Messages plug-in for ChatGPT, giving users the ability to connect their Messages inbox to…
Meta Expands AI Tools to Help Small Businesses Manage Data, Reports and Social Media
Meta is expanding the role of its AI assistant beyond everyday conversations, giving small businesses a new way to manage…
ChatGPT Gains Access to Apple Messages, Sparking Fresh Privacy Concerns
OpenAI has expanded ChatGPT’s capabilities on Mac computers with a new feature that allows the AI chatbot to interact directly…
Stock Futures Edge Higher After Wall Street Sell-Off as Treasury Yields Rebound
Stock futures pointed to a modest recovery on Friday after Wall Street suffered a sharp sell-off in the previous session,…
China’s Oil Imports Set for Rebound as Refiners Seek New Supplies
China’s oil imports are expected to rebound in the final quarter of 2026 as refiners increase purchases and search for…
Brent Oil Price Hits $93 as U.S.-Iran Tensions Raise Supply Concerns
The Brent oil price climbed above $93 per barrel on Thursday, reaching a three-week high as uncertainty over possible U.S.-Iran…
Trump announces ‘most crushing economic operation’ against Iran
US President Donald Trump has announced what he described as the “most crushing economic operation” ever imposed against a country,…
Absa Group Secures Only 21% of Shares Sought in Kenya Tender Offer
Absa Group’s plan to increase its ownership of Absa Bank Kenya has received a muted response from minority shareholders, with…
Kenya Faces Record KSh103.38 Billion Treasury Bond Maturity
Kenya is facing its biggest single-day domestic Treasury bond maturity on record, with a KSh103.38 billion bond falling due on…
KCB Investment Bank Opens Up on East Africa’s Deal-Making and Capital Markets
KCB Investment Bank is giving the public a rare look into the world of investment banking with a new podcast…
Ghana Scraps Minimum Capital Requirements for Most Foreign Investors
Ghana has abolished the minimum capital requirements previously imposed on most foreign investors, in a major investment policy shift designed…
CSA Fines EY Ghana GH¢360,000 Over Cybersecurity Licensing Breaches
Ghana’s Cyber Security Authority (CSA) has fined EY Ghana GH¢360,000 for providing regulated cybersecurity services without the required licence, in…