Afreximbank’s FEDA Records $40.3 Million Profit in 2024, Expands Impact Across Africa
The Fund for Export Development in Africa (FEDA), the impact investment arm of the African Export-Import Bank (Afreximbank), has reported…
Category: International
Trump Confirms Murdoch, Oracle and Dell in TikTok U.S. Takeover Talks Amid Push for 50% American Ownership
The long-running saga over TikTok’s future in the United States is reaching a turning point. President Donald Trump confirmed over…
Continental Stock Soars 32% After Aumovio Spin-Off Amid European Market Gains
European markets opened higher on Friday as investors weighed trade developments and economic data across the region. The pan-European Stoxx…
China Reaffirms Commitment to Nigeria Under Global Governance Initiative (GGI)
China has restated its commitment to working closely with Nigeria and other African nations under the new Global Governance Initiative…
Global Economy Shows Resilience Amid Trump’s Trade and Fed Policy Shocks
The world economy is defying expectations in the early months of President Donald Trump’s administration. Despite a wave of policy…
Google Invests $9M in African Universities, Launches AI Tools and Subsea Cable Hubs to Boost Connectivity
Google has reaffirmed its commitment to Africa with a major announcement that includes a $9 million fund for universities, new…
Google to Launch Four Africa Infrastructure Hubs to Boost Internet Access and AI Growth
Google is set to transform Africa’s digital landscape with the establishment of four new infrastructure hubs across the continent. The…
Meta Launches Ray-Ban Display Smart Glasses With Built-In Screen and Neural Wristband Controller
Meta has officially stepped up its wearable tech game, introducing the Ray-Ban Display smart glasses at its annual Meta Connect…
European Stocks Climb as Traders React to U.S. Fed Rate Cut and Await Bank of England Decision
European shares opened higher on Thursday morning as investors digested the U.S. Federal Reserve’s latest interest rate cut and braced…
Google to Launch Four Africa Infrastructure Hubs to Boost Subsea Cable Connectivity
Google has announced plans to establish four new infrastructure hubs across Africa, aiming to connect its latest subsea fibre-optic cables…
Ghana’s Central Bank Slashes Record 350bps as Inflation Eases, Economy Shows Strong Growth
Ghana’s central bank stunned markets on Wednesday by delivering its largest-ever policy rate cut, reducing the main lending rate by…
Microsoft Shuts Down Nigerian-Led RaccoonO365 Phishing Network, Seizes 338 Fake Domains
Microsoft’s Digital Crimes Unit (DCU) has successfully dismantled a major phishing network led by a Nigerian individual, seizing 338 fake…
38 Million Google Play Downloads Linked to Massive Global Ad Fraud Scheme – SlopAds Exposed
Security researchers have uncovered one of the largest mobile ad fraud operations in recent years, involving 224 apps on the…
YouTube Launches Veo 3 Fast and AI Tools to Revolutionize Shorts Creation
YouTube is stepping up its game in the short-form video space with the launch of new AI-powered tools designed to…
Al Gore Praises China’s Clean Energy Surge While Warning of U.S. Climate Leadership Decline
Twenty-five years after his historic presidential bid, former U.S. Vice President Al Gore is reflecting on a global energy transition…
European Stocks Edge Higher Ahead of U.S. Federal Reserve Rate Cut Decision
European equity markets opened in positive territory on Wednesday as global investors awaited the U.S. Federal Reserve’s latest policy decision.…
Dollar Weakens, Gold Hits Record High as Markets Await Fed Rate Decision
Global markets steadied on Wednesday as investors braced for a widely expected interest rate cut from the U.S. Federal Reserve,…
UK and US Sign $42 Billion Tech Partnership to Boost AI, Quantum Computing and Nuclear Energy
Britain and the United States have sealed a landmark “Tech Prosperity Deal” worth £31 billion ($42 billion), marking U.S. President…
Africa’s 5G Adoption Lags Despite $28 Billion Investment: Only 1% Connected in 2024
Despite pouring $28 billion into next-generation mobile networks over the past five years, only one in every 100 Africans was…
OpenAI Launches GPT-5-Codex: AI Coding Agent Gets Smarter, More Dynamic
OpenAI has unveiled a major upgrade to its AI coding agent, Codex, with the release of GPT-5-Codex. The new model…
European Stocks Dip as U.S.-China Trade Talks and Fed Decision Loom
European equities opened slightly lower on Tuesday as investors weighed the latest signals from ongoing U.S.-China trade negotiations. The pan-European…
Asia Stocks Hit Four-Year Highs as Dollar Slips; Investors Await Fed Rate Cut Decision
Asian equities surged to multi-year highs on Tuesday while the U.S. dollar weakened, as global investors positioned for an anticipated…
Google Unveils $6.8 Billion UK Investment and New Data Centre Ahead of Trump’s State Visit
Google has announced a massive £5 billion ($6.8 billion) investment in the United Kingdom just days before U.S. President Donald…
Elon Musk buys $1billion worth of Tesla stock
Tesla Inc.’s shares rallied on Monday after CEO Elon Musk bought about $1 billion worth of the company’s stock, his…
Top 10 AI-Dependent Nations in 2025: How Countries Are Embracing Artificial Intelligence
Artificial Intelligence (AI) is no longer a futuristic concept—it has become an integral part of daily life across the globe.…
US Cuts Nigerian Imports by 41% in July Amid Rising Tariffs, Raising Concerns for Trade Relations
The United States sharply reduced its imports of Nigerian goods by more than 40% in July 2025, signaling a worrying…
Orsted Shares Plunge 5.5% After Deeply Discounted $9.4B Capital Raise; European Markets Edge Higher
European stocks opened the week with modest gains on Monday as investors awaited the U.S. Federal Reserve’s highly anticipated meeting…
South Korea’s Top Trade Envoy Heads to U.S. for Stalled Tariff Talks Amid $350 Billion Investment Fund Dispute
South Korea’s chief trade negotiator, Yeo Han-koo, left Seoul on Monday for Washington as Seoul and Washington struggle to finalise…
South Korea’s Kospi Index Hits Record High After Government Scraps Stock Tax Hike Plan
South Korea’s benchmark Kospi index soared to a record high of 3,420.23 in early Monday trade, marking its 10th consecutive…
U.S. Treasury Yields Rise as Inflation Surges and Jobless Claims Climb Ahead of Fed Meeting
U.S. Treasury yields edged higher Friday morning as investors digested a mix of rising inflation and weaker-than-expected labor market data.…