Ghana’s devastated cocoa season throws global trading houses to over $1b loss.
Trading firms that rely on cocoa derivatives could lose at least $1 billion and traders were forced to unwind short bets in a surging market
Google invested over $1 billion in Africa in the last 5 years.
Google announced on Wednesday that it had surpassed a five-year goal of investing $1 billion in Africa, as it made public projects on infrastructure and
Amazon fined $2.5 billion for duping millions of customers with Prime subscription. – FTC.
A historic order has been obtained by the Federal Trade Commission from Amazon.com, Inc., Senior Vice President Neil Lindsay, and Vice President Jamil Ghani. This
African financial sector faces collapse from biodiversity loss.
Several lenders in the region may fail if natural disasters reduce the earnings of the forestry and agricultural companies they have lent to, according to
Nigeria’s inflation hit a record 28-year high heralding the worst cost of living crisis in June.
June saw Nigeria’s inflation rate reach a record 28-year high of 34.19% in annual terms, according to official figures released on Monday. However, several analysts
Big Tech adopts a new strategy of poaching talent and products from AI startups to evade antitrust laws.
The largest tech corporations are not formally purchasing breakthrough AI startups, but they are just snatching up their talent and products in the fight to
Chat GPT maker OpenAI working on a new AI model “Strawberry” to do research and deep thinking.
Maker of ChatGPT OpenAI is developing a new method for its AI models under a project code named “Strawberry,”. The project—details of which have not
X’s blue checks are deceptive to users, the platform lacks transparency and accountability in violation of the DSA. – EU
The European Union brought charges against a tech business for the first time since the bloc’s new social media regulations went into force on Friday,
UK public in panic as police recover 2 suitcases with human remains and suspect at large.
When police in Bristol, south-west England responded to allegations of a man acting strangely on a bridge, they discovered two suitcases that are thought to
Nigeria directs IOCs to sell crude to Dangote, domestic refiners at open market prices.
A supply conflict that had damaged ties with foreign oil corporations has been resolved by an agreement reached by Nigeria’s oil regulator with producers to
Over 500,000 millionaires to exit UK by 2028, as demand for high-end real estate dips – Report says
By 2028, nearly one in six of Britain’s dollar millionaires are expected to have left the country, but their numbers are expected to increase in
US Federal Reserve may rework the GSIB surcharge of $230b to save the 8 biggest banks billions.
Eight major banks in the US might save billions of dollars in capital thanks to a proposed rule change that the U.S. Federal Reserve is
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