The Global Africa Investment Summit (GAIS), a groundbreaking platform designed to connect Africa’s untapped sovereign assets with global private capital, was officially launched today. Co-founded by Dr. Akinwumi Adesina, former president of the African Development Bank Group, and Margery Kraus, founder and executive chair of APCO, the platform is poised to become a catalyst for…
Russia will continue to observe the limits set under the recently-expired New START nuclear arms reduction treaty if the United States does the same, Russian Foreign Minister Sergey Lavrov said Wednesday. “We proceed from the fact that this moratorium, on our part, which was announced by our president, will remain in effect, but only as…
Broadband Infraco, which painted a dismal picture of its financial well-being in parliament on Tuesday, has revealed it is on a mission to win back one of its most lucrative contracts – with the State IT Agency (Sita). Parliament’s communications & digital technologies portfolio committee was told by executives of the state-owned company, which provides…
The Forty-Eighth (48th) Ordinary Session of the Executive Council of the African Union (AU) kicked off Wednesday at the AU headquarters in Addis Ababa, the capital of Ethiopia, with a strong call for enhanced unity, sustainable development, and collective action to address the continent’s pressing challenges. The two-day meeting, comprising foreign ministers from AU member…
Africa hosts an estimated US$29.5 trillion in mine-site mineral value, representing about 20% of global mineral wealth, yet captures only a fraction of the economic value embedded in this endowment, a new study released yesterday by Africa Finance Corporation (AFC) has shown. Of this total, US$8.6 trillion remains undeveloped, reflecting an under-explored continent where fragmented…
NewsFeed Police in the US say a man has been questioned after the FBI released new video of a suspect in the abduction of Nancy Guthrie. The 84-year-old mother of NBC host Savannah Guthrie disappeared from her home on January 31. Published On 11 Feb 202611 Feb 2026 Click here to share on social media…
Absa Group has made several strategic executive appointments. (Image: 123RF) Absa has made several executive appointments to strengthen leadership capability across the group, bringing onboard tech and telecoms sector leaders. Among the appointees are M-Pesa Africa MD and Safaricom chief financial services officer Sitoyo Lopokoiyit, and former EOH chief risk officer Fatima Newman. They are…
In a transformative boost to the Caribbean’s transport network,African Export-Import Bank (Afreximbank) has announced the disbursement of a US$100 million Receivables Discounting Facility to Bahamas Striping Group of Companies Ltd (BSGC). This funding is to assist with the financing of the rehabilitation and construction of over 200 miles of critical road infrastructure across The Bahamas….
Israel’s Somaliland recognition generated unusual cohesion in Africa and beyond, but condemnation hasn’t delivered a consensual solution. Israel’s December 2025 recognition of Somaliland, a secessionist northern part of Somalia, set off a series of political and diplomatic shockwaves in the Horn of Africa and Arabic Peninsula. In a region already facing acute tensions amid global…
Bitcoin’s short-lived bounce faded on Wednesday as the volatility in the world’s largest cryptocurrency continued. Bitcoin was trading at around $66,975.00 at 8:31 a.m. ET on Wednesday. The digital coin has been on a downward trajectory since hitting an all-time high above $126,000 in October with the sell-off intensifying over the last month. Bitcoin dropped…
