Cairo, Egypt — African Export-Import Bank (Afreximbank), Africa’s leading multilateral financial institution, today marked a historic milestone with the groundbreaking ceremony of the Afreximbank African Trade Centre (AATC) in Egypt’s New Capital, which will also be the home of the Bank’s new global headquarters. Situated in the Diplomatic District of the New Capital, approximately 45…
Dar es Salaam — TANZANIA has overtaken Kenya as East Africa’s most attractive investment destination, climbing three spots to ninth in Africa, according to Rand Merchant Bank’s “Where to Invest in Africa 2025/2026” report. The leap, up from 12th position last year, reflects institutional investor preference for macroeconomic stability and large-scale, de-risked capital projects like…
Rome — New WFP report, ‘A Lifeline at Risk’, finds that 13.7 million WFP food aid recipients could be pushed into emergency levels of hunger as support is cut The United Nations World Food Programme (WFP) today warned that six of its most critical humanitarian operations are facing severe pipeline breaks by year end, putting…
A new hypercar has seemingly dethroned Bugatti’s record for the fastest production car, and unsurprisingly, it’s an electric vehicle. During a livestream from the Automotive Testing Papenburg site in Germany, the YangWang U9 Extreme hit a top speed of 496.22 km/h (or around 308.33 mph), edging out the previous record holder, the Bugatti Chiron Super…
An aerial view of Chevron crews attempting to extinguish a large fire and explosion that occurred at Chevron Refinery in El Segundo Thursday, Oct. 2, 2025. Allen J. Schaben | Los Angeles Times | Getty Images A huge fire broke out on Thursday night at a Chevron oil refinery in California, one of the largest…
Nick Burns, former U.S. ambassador to China who served in the role during the Biden administration, discusses China’s military parade that was attended by world leaders that included Russia’s Vladimir Putin and North Korea’s Kim Jong Un.
Matt Deitke originally turned down a lesser offer. Source: X. The offer, which doubled after initial negotiations stalled, was reportedly closed after direct intervention from Meta CEO Mark Zuckerberg. It’s a staggering amount, not just for its size, but for what it reveals about where value—and vulnerability—now lies in the AI arms race. Deitke, who…
Britehouse executive chairman Graham Parker Ten years after buying control of software house Britehouse, NTT Data (at the time, Dimension Data) has sold a big chunk of the business. Britehouse Mobility has been acquired in a management buyout, the company announced on Thursday. The terms of the transaction were not disclosed. Dimension Data acquired the…
Nintendo has sold 3.5 million Switch 2s in four days, setting a company record for a new console launch. That puts Nintendo on track toward its goal to sell 15 million units by March 2026 if it can keep up on the production side. By comparison, it took the original Switch nearly a full month…
Sen. Rand Paul, R-Ky., said he was “uninvited” to an annual White House picnic typically attended by members of Congress and their families, framing the move to reporters on Wednesday as retribution for his opposition to key components of President Donald Trump’s agenda. “They’re afraid of what I’m saying, so they think they’re going to…
