Nigeria Signals Readiness to Boost Trade and Investment Ties with U.S., Says Envoy
Nigeria has reaffirmed its readiness to strengthen trade and investment ties with the United States, according to Ambassador Abubakar Jidda,…
Category: International
European DFIs Invest $80M in BluePeak Fund to Support Africa’s Mid-Market Growth
Four European Development Finance Institutions (EDFIs)—British International Investment (BII), FMO, Swedfund, and the Swiss Investment Fund for Emerging Markets (SIFEM)—have…
AI and Digitalisation Revolutionizing Occupational Safety and Health: Emerging Risks and Benefits
Artificial Intelligence (AI), digitalization, robotics, and automation are significantly transforming workplace safety and health, according to a new report by…
Development Banks Launch $610M Initiative to Combat Climate Change and Fragility in Africa
The African Development Bank (AfDB) and the Islamic Development Bank (IsDB) have announced a joint $610 million initiative to address…
Thyssenkrupp Shares Slide, UK GDP Surprises: European Markets React to Earnings and Economic Data
European markets had a rocky session on Thursday, with major indices across the continent trading lower for a second consecutive…
Microsoft’s Teams Unbundling May Help Avoid EU Antitrust Fine
Microsoft is likely to dodge a significant EU antitrust fine after revising how it sells its Office and Teams software…
TensorWave Raises $100M to Accelerate AI Infrastructure Growth with AMD-Powered GPU Clusters
Las Vegas-based AI infrastructure startup TensorWave has successfully raised $100 million in a significant Series A funding round, announced on…
Treasury Yields Dip as Investors Weigh Mild Inflation and Easing Trade Tensions
U.S. Treasury yields edged slightly lower on Wednesday as investors processed new economic data and trade developments. The 10-year Treasury…
U.S. Stock Futures Steady After Early Week Surge Amid Trade Optimism, Fed in Focus
After a strong start to the week driven by positive economic signals, U.S. stock futures held steady early Wednesday as…
European Stocks Stabilize as Dollar Weakens Further Amid Trade Truce and Inflation Data
European stock markets remained steady on May 14, 2025, following a significant rally driven by easing global trade tensions. The…
IMF Warns Surge in AI-Driven Electricity Demand Could Strain Global Economy and Environment
The International Monetary Fund (IMF) has issued a warning about the rapidly growing electricity demand driven by the expansion of…
Ghana Opens Doors for Oil Investment as Mahama Encourages Global Investors Amid Economic Recovery
Ghana’s former president, John Dramani Mahama, has urged international investors to consider the country’s oil and gas sector for new…
Opera’s MiniPay Expands Access to Digital Dollars with Global App Launch
Opera has officially launched its MiniPay app for digital dollars on both iOS and Android platforms, providing a user-friendly, low-cost…
China Lifts Ban on Boeing Deliveries as 90-Day Tariff Truce with U.S. Begins
In a major shift signaling thawing trade relations, China has officially lifted its freeze on accepting Boeing aircraft deliveries. This…
Global Fund Managers Slash Dollar Exposure Amid U.S.-China Trade Thaw
In May, global fund managers marked their most significant retreat from the U.S. dollar since 2006, according to Bank of…
Trump Heads to Gulf With Bold Agenda: Oil, AI, Trade, and Nuclear Talks in Focus
President Donald Trump is heading to the Gulf for a high-stakes diplomatic visit, making stops in Saudi Arabia, the UAE,…
Apple to Tackle iPhone Battery Life with AI in iOS 19 Update
Apple is preparing to address one of the most common issues iPhone users face—battery life—by integrating artificial intelligence (AI) into…
African deep tech innovation takes stage at summit
The second edition of the DeepTech Summit (DTS) was successfully held at the University Mohammed VI Polytechnic (UM6P) in Benguerir,…
Asian Markets Lose Steam as Trade War Truce Fails to Inspire Confidence
Asian stocks faltered and the U.S. dollar weakened on Tuesday, despite initial optimism around a 90-day pause in U.S.-China tariffs.…
U.S. and China Slash Tariffs in 90-Day Truce Amid Trade War Tensions
In a significant but temporary easing of trade tensions, the United States and China have agreed to reduce tariffs on…
OpenAI and Microsoft Rework Partnership Amid $57.9B Funding and IPO Talks
OpenAI and Microsoft are in the midst of high-level negotiations to reshape their multibillion-dollar partnership, with an eye on enabling…
US-China Agree to Slash Tariffs in Breakthrough Deal, Easing Global Economic Fears
In a major development, the United States and China have agreed to cut tariffs to a 10% baseline for 90…
SoftBank Group seen booking modest fourth quarter loss as Vision Fund suffers
SoftBank Group is expected to report a net loss of 26.9 billion yen ($184.4 million) for its fourth quarter, marking…
Microsoft 2025 Work Trend Report: Rise of the Frontier Firm Signals AI-Led Workforce Evolution
Microsoft’s 2025 Work Trend Index, developed in collaboration with LinkedIn, introduces the concept of the “Frontier Firm”, a new type…
From Aid to Industry: How Africa’s Informal Sector and Youth Could Drive Inclusive Growth
For decades, many African nations have relied heavily on foreign aid to fund healthcare, education, and emergency relief. But in…
Nigeria Records 119,000 Data Breaches in Q1 2025 Amid Global Decline — Surfshark Report
In the first quarter of 2025, Nigeria recorded over 119,000 data breaches, according to a new report from cybersecurity firm…
US and China Reach Breakthrough Trade Deal in Geneva: Path Cleared for Economic Cooperation
After two days of tense negotiations in Geneva, the United States and China have reached a critical trade agreement that…
China Pressures U.S. to Scrap Tariffs Ahead of Crucial Switzerland Trade Talks
As the U.S. and China gear up for high-stakes trade negotiations in Switzerland, Beijing has called on Washington to demonstrate…
OpenAI Appoints Fidji Simo as CEO of Applications to Drive Global Operations and Growth
OpenAI has announced that Fidji Simo will become its new Chief Executive Officer of Applications, a role aimed at scaling…
Airtel Africa Gears Up for Airtel Money IPO, Projects H1 2026 Listing and Robust Financial Performance
Airtel Africa is making significant strides in its preparation for the IPO of Airtel Money, its mobile money service, with…