French energy conglomerate TotalEnergies is preparing to execute a significant divestment by selling up to 6% of its stake in Adani Green Energy Limited (AGEL), marking a strategic shift in its renewable energy investment portfolio in India. This development, confirmed by multiple industry sources familiar with the transaction, represents one of the most substantial stake […]
The United Arab Emirates has unveiled an ambitious $1 billion investment initiative aimed at revolutionizing artificial intelligence infrastructure and AI-enabled services across the African continent, marking one of the most significant technology-focused development commitments to Africa in recent years. This landmark investment, designed to support African nations in achieving their long-term national development objectives, signals […]
In a development that could reshape East Africa’s telecommunications landscape, Vodacom Group is in discussions with the Kenyan government about potentially acquiring a portion of its thirty-five percent stake in Kenya’s telecommunications giant, Safaricom PLC. According to sources who spoke to Bloomberg, the Johannesburg-based company, which already owns approximately thirty-nine point nine three percent of […]
In a significant move to bolster American manufacturing capabilities and secure the nation’s position in the global artificial intelligence race, OpenAI has announced a strategic collaboration with Hon Hai Technology Group, commonly known as Foxconn, to design and manufacture cutting-edge AI infrastructure hardware on U.S. soil. This partnership represents a pivotal moment in the evolution […]
In a significant development for Africa’s agricultural transformation, the Mauritius Commercial Bank Limited (MCB) has issued a comprehensive structured financing package to Invictus Investment Company PLC to support the firm’s ambitious expansion plans across Africa and the Middle East. This strategic financial arrangement comes at a critical juncture when food security challenges across the African […]
Kenya’s ambitious attempt to regulate its burgeoning cryptocurrency sector has encountered an immediate and highly visible challenge. Just days after implementing the country’s first comprehensive Virtual Assets Service Providers Act of 2025, Bitcoin ATMs branded “Bankless Bitcoin” appeared in several major shopping malls across Nairobi, as reported by Capital Fm creating an awkward confrontation between […]
In a strategic move that positions Saudi Arabia at the forefront of the global artificial intelligence race, Amazon Web Services (AWS) and HUMAIN, a subsidiary of Saudi Arabia’s Public Investment Fund (PIF), have announced an expanded partnership that will fundamentally reshape the Kingdom’s technological landscape. The announcement, made at the U.S.-Saudi Investment Forum in Washington, […]
In a groundbreaking development for African education and technology, ALX, Anthropic, and the Government of Rwanda have unveiled a transformative partnership that promises to reshape how millions of Africans learn, teach, and engage with artificial intelligence. Announced on November 20, 2025, this landmark initiative introduces “Chidi”—an AI-powered learning companion built on Anthropic’s Claude large language […]
In a significant move to strengthen financial inclusion and expand credit access for Kenya’s small business sector, the Kenya Development Corporation (KDC) has injected Sh500 million into Githunguri Dairy Cooperative Society (GDC). This substantial investment represents a critical component of the government’s broader strategy to empower micro, small, and medium enterprises (MSMEs) through improved access […]
In a dramatic display of renewed US-Saudi relations, Crown Prince Mohammed bin Salman announced a historic commitment to invest nearly $1 trillion in the United States economy during a high-profile White House visit on Tuesday. The pledge represents one of the largest foreign investment commitments in American history and signals a significant warming of bilateral […]
Principal Secretary for Foreign Affairs Dr. Korir Sing'Oei on December 10, 2025, presided over the signing of a transformative partnership...
The United States Federal Reserve reduced its benchmark interest rate by 0.25 percentage points on Wednesday, marking the third consecutive...
South Africa's beleaguered ferrochrome sector received a critical lifeline this week as Eskom signed a memorandum of understanding with the...
Crown Healthcare, a Kenyan medical products distributor, has secured a critical US$10 million investment from Impact Fund Denmark to accelerate...
