(GERMANY OUT) SGP, Singapore : the Financial District of Singapore / HSBC , Maybank , UOB (Photo by Unkel/ullstein bild via Getty Images) ullstein bild | ullstein bild | Getty Images Asia’s ultra-rich are increasingly willing to tap into new asset classes, gold is leaving Dubai for Singapore and wealthy Chinese are flocking to Malaysia,…
Nvidia CEO Jensen Huang Nvidia is investing US$3.5-billion in Taiwan’s MediaTek, the latest deal to widen the American chip maker’s financial ties across the AI industry. This week’s move follows Nvidia’s guarantee of up to $105-billion earlier this month for OpenAI’s Ohio data centre lease, and could intensify scrutiny of arrangements in which the chipmaker…
WIOCC Group, Africa’s leading carrier-neutral digital infrastructure platform, has signed a Shareholder Subscription Agreement (SSA) with Africa Finance Corporation (AFC) and Vision International Investment Company (Vision Invest), through which the two investors will make a combined $300 million investment in the company. Signed at the LEAP 2026 Global Technology exhibition in Riyadh, the agreement represents…
Reformers keep asking governments to raise the ceilings on where domestic institutional capital can go. The ceilings are nowhere near being reached and one December in Ghana explains why. This article is published on African Arguments ahead of the African Development Summit which takes place on 18 September 2026. Nigeria’s pension regulator permits funds to…
South African venture capital firm Mamor Capital Ventures has reached a R300m first close for its inaugural fund, giving it capital to begin investing in post-revenue technology businesses while it continues raising towards a R550m target. Fuzlin Levy-Hassen CFO, Mamokete Ramathe CEO, of Mamor Capital | image supplied The first close follows more than three…
Dar es Salaam — AFRICA has been urged to invest in training and retaining home-grown neuro-oncology specialists to tackle the growing burden of brain and spinal tumours and improve access to quality cancer care across the continent. The call was made on Monday by Muhimbili Orthopaedic Institute (MOI) Executive Director, Dr Mpoki Ulisubisya during the…
Deputy President Paul Mashatile has called on Chinese medical device and healthcare technology manufacturer Mindray Bio-Medical Electronics to consider expanding its footprint in South Africa through manufacturing, assembly and localisation opportunities. “We would also welcome discussions around expanding local operations, developing regional service and training centres, and exploring opportunities for medical technology manufacturing, assembly and…
Inside Creative House | Istock | Getty Images The largest transfer of wealth in modern history is underway, and the heirs set to inherit trillions of dollars in family fortunes are preparing to use the money very differently from the generations that built it. Over the next two decades, an estimated $83.5 trillion is expected…
Last week, Kigali hosted the Africa CEO Forum which brought together decision-makers from across the continent to discuss ways to further economic development. Gatherings like these have long served as a forum to reflect on the continent’s most pressing challenges, one of which is brain and mental health. ALSO READ: Italy ramps up Africa investment,…
Nairobi — Kenya has urged African countries to invest more seriously in space technology and data systems to better manage disasters such as floods and droughts, with officials saying the continent must strengthen its own satellite capabilities while expanding partnerships that support innovation. The call was made during a media breakfast briefing hosted by the…
