Google has exceeded a five-year target to invest $1bn in Africa, it said on Wednesday, 2 July, as it made public initiatives on infrastructure and development of AI to accelerate the continent’s digital growth. File photo: A Google Cloud logo is pictured at a trade fair in Hannover Messe, in Hanover, Germany, 22 April 2024….
US President Donald Trump made more than $1bn (£750m) last year from business dealings in cryptocurrency, according to his mandatory financial report for 2025. In a 927-page disclosure, he reported $635m in royalties from a Trump meme coin that has plunged in value since he launched it days before taking office. He also reported over…
The European Union (EU) has unveiled a €1 billion investment package for Africa under its Global Gateway Initiative to support infrastructure development, economic growth and digital transformation. The package, announced by the EU Ambassador to Ghana, Rune Skinnebach, forms part of Team Europe’s broader strategy to deepen economic cooperation with African countries and promote sustainable…
Richard Okello Our new book, How we made it in Africa II: Real stories of entrepreneurs turning opportunity into profit, is available here. Interview with Richard OkelloFOUNDER, SANGO CAPITAL Lives in: Johannesburg, South Africa Africa-focused investor Richard Okello compares investing on the continent to riding a speedboat through rough seas while trying to drink a glass of wine…
Mr Kaseya said sustainable financing is now one of the institution’s five strategic pillars, with a focus on mobilising innovative domestic resources and exploring previously underutilised mechanisms such as debt swaps. The Africa Centres for Disease Control and Prevention (Africa CDC) has intensified efforts to unlock an estimated $1 1billion in health financing through debt-for-health…
Across Africa, a third of children under the age of five suffer from chronic malnutrition, according to Unicef, while in recent years the baby food industry has been rocked by a series of scandals, many involving major multinationals. But a growing number of local agri-food companies are moving into the baby food market. Ivorian Marie-Ange…
Narcotics worth more than $972m seized in two separate operations carried out within 48 hours. Published On 22 Oct 202522 Oct 2025 Click here to share on social media share2 Share The Pakistani navy, operating as part of the Saudi-led Combined Maritime Forces (CMF), has seized nearly $1bn worth of narcotics from two vessels sailing…
FIFA President Gianni Infantino has announced that more than USD 1 billion has been invested in African football since the launch of the FIFA Forward Programme in 2016. Speaking at the 47th CAF Ordinary General Assembly in Kinshasa, Democratic Republic of Congo, Infantino reaffirmed FIFA’s commitment to developing football across the continent and inspiring Africa’s…
