The World Bank secures a record $112 billion from private investors.
The World Bank reported on Thursday that it received $112 billion in private financing in the year that ended in June, up from $69 billion
Africa’s corporate debt market is marginal in funding the continent’s ambitions, OECD says.
The OECD said on Friday that Africa’s corporate debt markets are well below the size the continent’s economy and rising financing demands call for, with
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
China’s Huawei predicts AI will drive most digital traffic by 2035.
By 2035, autonomous agents are expected to make up over 90% of all AI token traffic worldwide, according to China’s Huawei, necessitating significant increases in
Undermining AI and data centers plays directly into China’s hands, says Trump.
On Monday, President Donald Trump attacked worries about rogue AI, saying that any attempts to restrict the technology are a part of a “SICK conspiracy.”
Microsoft creates an AI code of conduct to ensure human control.
Microsoft on Monday released a draft code of conduct for its internal AI, which reflects the rising industry worry that businesses need to maintain human
Modi at BRICS: Warring nations and broken supply chains threaten global stability.
On Sunday, Indian Prime Minister Narendra Modi called for increased cooperation and support throughout the Global South and warned that growing geopolitical tensions, supply chain
Nvidia eyes a $10 billion investment to back Anthropic’s record-breaking $100 billion debut.
Anthropic is in negotiations to include Nvidia as an anchor investor in what may be the biggest IPO in history. Anthropic is looking to raise
US injects $100M into Africell to rival Huawei’s African tech stronghold.
To increase American tech presence in a region where China’s Huawei is a major participant, the Trump administration has given a $99.6 million loan to
UK defense goes SpaceX: $40 million invested in Musk’s Starshield network.
Despite growing European worries about reliance on U.S. security infrastructure, Britain has increased its reliance on Elon Musk’s firm for military communications by investing about
Dangote’s Kenyan refinery project faces hurdles, including crude supply and funding.
Billionaire Aliko Dangote is determined to duplicate Africa’s largest oil refinery on the other coast of the continent, less than three years after overcoming rising
GE Aerospace to buy casting maker CPP for nearly $12 billion to boost supply chain.
To improve its supply-chain capabilities, GE Aerospace announced on Tuesday that it would purchase castings manufacturer Consolidated Precision Products from investment firms Warburg Pincus and
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