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Africa

Africa: AfDB Commits 11 Billion Dollars to Support Early Warning Systems, Food Security in Rural Africa

eriinfo.com19 hours ago013 mins

Addis Ababa — As increasingly frequent droughts and devastating floods are affecting agricultural productivity, leaving millions of people food insecure in Africa amid a lack of climate finance, the African Development Bank (AfDB) has committed USD 11 billion to support various climate-resilient and infrastructure projects in rural areas. Climate change-induced humanitarian emergencies are materializing in…

Tech giants pay talent millions of dollars

eriinfo.com2 weeks ago013 mins

Meta CEO Mark Zuckerberg offered $100 million signing bonuses to top OpenAI employees. David Paul Morris | Bloomberg | Getty Images The artificial intelligence arms race is heating up, and as tech giants scramble to come out on top, they’re dangling millions of dollars in front of a small talent pool of specialists in what’s…

Africa Attracts Billion Dollars in Gold Mining Investments

eriinfo.com1 month ago06 mins

Africa, the world’s second-largest gold-producing region after China, is witnessing a surge in gold mining investment in 2025, fueled by strong global demand, favourable prices, and vast untapped reserves attracting increased international interest. So far, billions of dollars in investments have been announced in recent months highlighting a growing momentum, according to experts at Energy,…