River AI Raises $1.1 Billion Just Two Months After Launch in Major AI Bet
River AI has made a huge entrance into the artificial intelligence industry, securing a staggering $1.1 billion in funding only…
Category: International
U.S. Stock Futures Edge Higher as Investors Brace for Key Inflation Report
U.S. stock futures moved slightly higher on Wednesday as investors kept their attention firmly on the latest inflation report, a…
European Stocks Hold Steady as Oil Climbs Ahead of Key US Inflation Data
European stocks remained largely steady on Wednesday as investors took a cautious approach ahead of key U.S. inflation data, while…
Bank of America launches $250 billion initiative for US tech, energy infrastructure
Bank of America is putting serious money behind America’s next phase of growth, announcing plans to deploy $250 billion to…
Africa50 Secures $20m Investment, Boosts Infrastructure Fund to $330m
Africa50, the pan-African infrastructure investment platform, has secured fresh capital and strategic partnerships aimed at accelerating infrastructure development across Africa.…
Brent tops $88 as US, Iran near possible deal
Brent crude oil climbed above $88 per barrel on Tuesday as fresh diplomatic signals raised hopes that the United States…
Russia Turns to Indian Fuel as Refinery Crisis Deepens
Russia has turned to India for gasoline as pressure on its domestic fuel supply intensifies, highlighting the growing impact of…
Nigerian Stock Market Loses N1.17tn as Bearish Trading Returns
The Nigerian stock market came under renewed selling pressure on Tuesday as investors offloaded major stocks, wiping N1.17tn from the…
West Africa Seeks New Fuel Pricing System to Reduce Foreign Market Influence
West Africa may be moving closer to a major shift in how petroleum products are priced, as the Nigerian Midstream…
Nigeria, West Africa Push for Unified Energy Market to Shield Region From Global Price Shocks
Nigeria and other West African countries are stepping up efforts to create a more integrated regional energy market, with regulators…
Kenya Approves First Local Banking ETF as KSh 1.64 Trillion Sector Draws Investors
Kenya is opening a new door for investors looking to tap into its booming banking industry, after the Capital Markets…
China’s ‘Teapot’ Refineries Set to Boost Iranian Oil Purchases as Stockpiles Fall
China’s independent oil refiners, widely known as “teapots,” could be preparing to make a major return to the Iranian crude…
OpenAI Launches GPT-5.6-Cyber as AI-Powered Cyberattacks Surge
Artificial intelligence is rapidly changing the cybersecurity battlefield, and OpenAI is responding with a new model designed to help defenders…
Oil Prices Surge as Hopes for Strait of Hormuz Deal Fade
Oil prices extended their sharp rally on Tuesday as hopes of a quick resolution to the crisis around the Strait…
Nairobi Satellite Town Land Outperforms Stocks and Bonds in 18-Year Investment Race
Land in Nairobi’s satellite towns has emerged as one of Kenya’s strongest long-term investment performers, turning a KSh 1 million…
Tanzania Opens Government Bond Market to Global Investors
Tanzania has opened its domestic government securities market to investors around the world, marking a major shift in its approach…
S&P 500 Futures Edge Higher as Markets Watch Hormuz Deal and Inflation Data
U.S. stock futures started Monday slightly higher as investors balanced fresh hopes for a deal involving the Strait of Hormuz…
Iran Blocks US Talks as Strait of Hormuz Uncertainty Threatens Oil Prices Again
Oil prices could be heading for another sharp rise after Iran ruled out resuming direct negotiations with the United States,…
AI Safety Tests Are Becoming a New Cybersecurity Risk
The race to build more powerful artificial intelligence is creating an unexpected problem: the very tests designed to make AI…
Tanzania Courts Dangote for Fresh Fertiliser, Energy Investments
Tanzania is stepping up efforts to attract fresh investments from the Dangote Group, with the East African nation targeting opportunities…
Global Stocks Rally as Weak US Jobs Data Eases Fed Rate Hike Fears
Global stocks started the week on a stronger footing as fresh US jobs data eased fears that the Federal Reserve…
Grindr’s AI Strategy Pays Off as Premium Edge Tier Surprises CEO
Grindr’s aggressive investment in artificial intelligence is beginning to show results, with the LGBTQ-focused dating platform reporting stronger revenue, higher…
African Startup Funding Crashes 80% as Investors Turn to Debt
African startup funding suffered a major setback in July 2026, falling to just $102.2 million as investors became increasingly cautious…
India Turns to Nigeria for 4 Million Barrels as US-Iran Crisis Disrupts Oil Supply
India is turning increasingly to Nigeria for crude oil as growing tensions linked to the US-Iran crisis continue to disrupt…
Africa50 Secures $50m to Fast-Track Green Infrastructure Across Africa
Africa50 has secured $50m in fresh funding from two international development finance institutions to speed up the development of climate-resilient…
S&P 500 Futures Hold Steady as Wall Street Awaits Key July Jobs Report
S&P 500 futures were little changed early Friday as investors kept their eyes on the highly anticipated July jobs report,…
Cameroon Cocoa Production Falls 20% as Exports and Earnings Slide
Cameroon’s cocoa industry has suffered a sharp setback, with Cameroon cocoa production falling by 20% in the 2025/26 season as…
Ghana’s Inflation Falls to 4.6% as Food Prices Ease, Boosting Economic Recovery
Ghana’s inflation rate took a welcome step downward in July, falling to 4.6% from 5.3% in June and marking the…
Kenya’s Private Sector Hiring Hits 2026 High as New Orders Lift Business Confidence
Kenya’s private sector is showing fresh signs of recovery, with companies increasing hiring in July at the fastest pace recorded…
IMF Urges Ghana to End Quasi-Fiscal Activities After GH¢22 Billion Gold Programme Losses
The International Monetary Fund (IMF) has called on Ghana to permanently end quasi-fiscal activities after the Bank of Ghana (BoG)…