Amazon and Anthropic forge massive 5 billion alliance to dominate AI

Amazon and Anthropic forge massive $125 billion alliance to dominate AI

Amazon and Anthropic have dramatically expanded their strategic partnership, moving beyond simple venture funding into a massive, decade-long infrastructure and capital commitment. In an announcement today, Amazon revealed a new $5 billion direct investment in the AI safety and research firm, accompanied by an unprecedented $20 billion in milestone-based payments. This follows two previous $4…

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SAMRO increases distribution allocation to over half a billion rand for financial year 2025

SAMRO increases distribution allocation to over half a billion rand for financial year 2025

SAMRO ensures composers, authors and publishers are fairly compensated for the use of their musical works. The Southern African Music Rights Organisation (SAMRO) has reaffirmed its core mandate of administering and distributing royalties to music creators, announcing total distribution allocation of R630.2 million for the 2025 financial year. The 2025 distribution marks a 1.3% increase…

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Afreximbank Delivers Strong FY2025 Results – With Total Assets And Contingencies Base Of Us.5 Billion

Afreximbank Delivers Strong FY2025 Results – With Total Assets And Contingencies Base Of Us$48.5 Billion

Forward-Looking Statements African Export-Import Bank (Afreximbank) Group makes written and/or oral forward-looking statements, as shown in this release and other communications, from time to time. Likewise, officers of the Bank may make forward-looking statements either in writing or during verbal conversations with investors, analysts, the media, and other members of the investment community. Statements regarding…

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Afreximbank Supports Dangote Group As It Targets U.S.0 Billion Annual Revenue By 2030

Afreximbank Supports Dangote Group As It Targets U.S.$100 Billion Annual Revenue By 2030

Cairo, Egypt — African Export-Import Bank (Afreximbank) is proud to announce that it is supporting Dangote Group, as it seeks to expand its operations and grow its turnover to US$100 billion by 2030. The Group’s leadership presented its long-term growth strategy “Vision 2030: Supercharging Dangote Group for Long Term Success” to the Afreximbank Board of…

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