Africa: Dangote Refinery Raises .5 Billion in Africa’s Largest Private Equity Placement

Africa: Dangote Refinery Raises $2.5 Billion in Africa’s Largest Private Equity Placement

Dangote Petroleum Refinery has raised about $2.5 billion through a private equity placement that was oversubscribed by 3.7 times, with the proceeds to fund expansion and strengthen its capital structure. Dangote Petroleum Refinery and Petrochemicals has raised approximately $2.5 billion in fresh equity after successfully concluding a private placement that was 3.7 times oversubscribed, the…

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AI breaks through to the other side

AI breaks through to the other side

Rogue AI cases will become more frequent and dangerous. (Graphic: Nicola Mawson | GenAI & Magnific) Artificial intelligence (AI) is mimicking dubious human behaviour – even if unintentionally – by escaping test environments to hack companies or blackmail people as the models seek to complete set tasks in any way possible. This unintentional rogue behaviour…

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Africa: Dangote Refinery Raises .5 Billion in Africa’s Largest Private Equity Placement

Africa: South Africa, Germany Deepen Strategic Partnership

South Africa and Germany have reaffirmed their commitment to strengthening their Strategic Partnership, with discussions focusing on expanding economic cooperation, accelerating the Just Energy Transition and addressing pressing global challenges, including conflicts in the Democratic Republic of the Congo (DRC), Ukraine and the Middle East. Minister of International Relations and Cooperation Ronald Lamola hosted Germany’s…

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First MyCiTi e-bus hits Cape Town streets

First MyCiTi e-bus hits Cape Town streets

The MyCiTi electric bus. (Image: supplied) Cape Town mayor Geordin Hill-Lewis yesterday welcomed the city’s first fully electric MyCiTi bus. Named Evie, the electric bus is part of an initial 38 battery-electric bus fleet, in line with broader plans for a public transport system that is “cleaner and smarter”. According to the city, the electric…

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Africa: Dangote Refinery Raises .5 Billion in Africa’s Largest Private Equity Placement

Africa: Think You’re Healthy? Hidden Obesity Risks May Already Be Damaging Your Body Silently

Dar es Salaam — THE growing burden of noncommunicable diseases (NCDs) has become one of Tanzania’s most pressing public health challenges, with obesity emerging as a major risk factor behind the rising number of people diagnosed with diabetes, hypertension, heart disease and certain types of cancer. Health experts say changing lifestyles, unhealthy diets rich in…

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