Rodrigo Liang, Co-founder & CEO, SambaNova Systems, on the AI Summit stage during day two of Web Summit Vancouver 2026 at Vancouver Convention Centre in Vancouver, Canada. Shauna Clinton | Sportsfile | Getty Images An AI chip startup has raised $1 billion in financing as investors continue to pour money into companies looking to challenge…
Kuaishou headquarters is pictured on November 5, 2020, in Beijing, China. VCG | Visual China Group | Getty Images Kuaishou Technology shares rose nearly 7% Friday before trimming gains, after the company announced a capital injection of nearly $2.8 billion into its artificial intelligence subsidiary, Kling AI, with backing from tech giant Tencent. The Beijing-based short video…
The World Bank has abandoned its target of directing 45 percent of its financing to projects that help tackle climate change, prompting warnings that poorer countries – especially in Africa – could receive less support to adapt to a warming world. The bank’s five-year Climate Change Action Plan expired on Tuesday. Last year it put…
Young people working on promoting peace in some of the world’s most fragile and polarized places say financial support remains essential, but money alone will not sustain their efforts to organize youth to participate in peacebuilding. As conflicts around the world continue to proliferate, a group of young UN peacebuilders met at UN Headquarters on…
Spiro, one of Africa’s leading electric vehicle (EV) and clean energy infrastructure platform, has announced the successful completion of its latest funding round, raising $270 million to support the expansion of its e-mobility and energy ecosystem across the continent. The milestone follows the closure of a $55 million investment from NewTrails Capital, a Chinese growth-stage…
Ethiopia — TANZANIA and the Africa Centres for Disease Control and Prevention have stepped up efforts to reshape primary healthcare financing, with a new push focused on expanding investment in community based health systems across the continent. The discussions in Ethiopia placed primary healthcare at the centre of strategies to achieve Universal Health Coverage and…
More than eight million South Africans are living with HIV – the highest number of any country in the world.
South African edutech and youth development organisation, Ukiyo has officially launched the Global Student Support Platform (GSSP), a mobile application designed to centralise education, funding, career opportunities, and student support services into a single digital ecosystem. Nozuko Mzamo, founder of Ukiyo The platform, available for download via Google Play Store and the Apple App Store,…
African governments must avoid replacing one dependency with another while building more accountable, fit-for-purpose security systems. Given slow economic growth, a large youth bulge and destabilising external engagement such as from Russia and the United Arab Emirates (UAE), Africa is set to become more unstable in the next few years. Both the Armed Conflict Location…
From Ebola outbreaks in Central Africa to the complex evacuation of passengers aboard a hantavirus-stricken cruise ship, the UN World Health Organization (WHO) opened its annual assembly on Monday as countries grapple with disease outbreaks, deep funding cuts and growing geopolitical tension. Health ministers and diplomats are in Geneva for the 79th World Health Assembly…
