The Sparxity Multi-Rack System Sparxity, a leader in sparse-native computing, today announced the close of its Series A, bringing cumulative funding secured by its team to $90M. The round was led by ICM HPQC Fund and joined by investors such as Lockheed Martin Ventures, GlobalFoundries, GS Futures, Cloudberry Ventures, TGFS and the EIC Fund. The…
Published On 31 Oct 202631 Oct 2026 The United Nations has closed its political mission in Somalia, ending more than three decades of efforts to help the country rebuild after civil war. The United Nations Transitional Assistance Mission in Somalia (UNTMIS) ceased operations on Saturday after completing a two-year transition requested by the Somali government,…
DPI Venture Capital, the venture capital arm of Development Partners International, has closed its Nclude Fund at more than $112 million to invest in technology startups across Africa and the Middle East. The firm announced the final close on October 27, 2026, as it seeks to expand investments in fintech, artificial intelligence and financial inclusion….
Electronic Arts (EA) has announced the permanent closure of historic role-playing developer BioWare alongside a wave of corporate restructuring resulting in approximately 400 job cuts across the company. The shutdown officially terminates development on the upcoming Mass Effect project, reportedly titled Mass Effect Universe, just hours before an internal promotional trailer leaked online. Read: ASUS…
NBA says its focus is on new global academy opening in Abu Dhabi as Africa, Mexico and Australia hit by closures. Published On 2 Oct 20262 Oct 2026 The NBA has closed its only elite training academy in Africa, less than a decade after it was launched in Senegal to prepare promising young African players…
CEM Africa 2026 concluded at the Century City Conference Centre following three days of strong engagement across Africa’s customer experience community. The 14th edition welcomed 970 attendees from more than 260 companies across 20 countries, bringing together senior CX, customer service, marketing, digital, technology and transformation leaders alongside solution providers and industry partners. The event…
Authorities have confirmed there is no tsunami warning linked to the recent activity of the volcano, which is in the Sunda Strait between the islands of Java and Sumatra. The health minister has urged residents in affected areas to stay indoors and wear face masks to protect against respiratory, eye, and skin risks. According to…
Aukera, the pan-European battery storage and renewable energy platform backed by AtlasInvest, Reggeborgh and SFPIM (Belgium’s sovereign wealth fund), announced the closing of its €460 million structured credit facility, for which EIG, a leading institutional investor in the global energy and infrastructure sectors, served as the lead investor. With the financing in place, Aukera moves…
Shoprite Holdings CEO Pieter Engelbrecht Shoprite has completed its acquisition of R&A Cellular, taking an initial 51% of the eMalahleni company whose point-of-sale devices sit behind the counter in spaza shops and informal stores across South Africa. The transaction became effective on 14 August 2026, according to Shoprite Holdings’ results for the 52 weeks to…
Nataly Kremer, Chief Product Officer at Check Point. Check Point Software Technologies (NASDAQ: CHKP), which positions itself as a pioneer and global leader of cyber security solutions, today announced the Check Point AI Network Firewall, delivered as part of Check Point firewall software release R82.20. AI has introduced a new class of network traffic –…
