SpaceX Shares Slip As Company Seeks $40 Billion For Nvidia Chips
SpaceX shares fell nearly 2% in premarket trading on Wednesday after the company was reported to be seeking $40 billion…
South Sudan Oil Investment Opportunities to Take Centre Stage at SSOP 2026
South Sudan will showcase oil and energy investment opportunities at the South Sudan Oil & Power 2026 conference in Juba…
African CEOs See Trade Growth as Financing Gaps Hinder Intra-African Trade
African business leaders expect cross-border activity to increase over the next year, but high financing costs and gaps in implementation…
Sanlam Offers R505 a Share to Take Full Control of Santam
Sanlam has agreed to acquire the remaining 37.3% of Santam for R505 a share, a transaction that would give South…
Nigeria Launches $300 Million Fund for Solar, Mini-Grid Projects
Nigeria has launched a $300 million renewable energy fund to finance distributed power projects, including mini-grids and standalone solar systems,…
AI Investment Scams Use Deepfakes and Fake Trading Platforms to Target Investors
Artificial intelligence is being used to create convincing fake investment platforms, celebrity endorsements and trading advertisements, exposing investors to fraudulent…
Bank Of America Says Investors Grow Concerned About AI Boom-Bust Risk
Investors are increasingly concerned that heavy spending on artificial intelligence could trigger a boom-bust cycle, although most remain invested, according…
ITFC Named Leading Non-Bank Trade Finance Provider at 2026 GTR+ MEA Awards
The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group, said it had been…
Airtel Money targets at least $800 million in London IPO.
Airtel Money, the mobile money business of Airtel Africa, plans to raise at least $800 million through a London initial…
Financing Women Entrepreneurs is Becoming a Bigger Focus for Africa’s Development Finance Institutions.
The African Development Bank’s AFAWA initiative and the Women Entrepreneurs Finance Initiative held a four-day learning event in Côte d’Ivoire…