In a RootsToFoods Capital Series interview, Wasim Tahir, Senior Advisor at ODI Global and former director at British International Investment, explains how development finance actually moves private capital into emerging markets, and why the lasting answer lies in deep domestic capital markets and national development banks. Ovidiu Bujorean, chief executive officer of OviBees Ventures, spoke…
President Donald Trump said Friday that Russia will supply more than 4 million tons of diesel to the global market under a deal he struck with President Vladimir Putin during a phone call. Russia will immediately supply more than 300,000 tons of diesel, followed by 500,000 tons in November, and 1 million tons immediately thereafter,…
African equity markets displayed a wide divergence in performance as of Friday, October 4, 2026, with frontier exchanges in East and West Africa significantly outperforming larger markets. Tanzania, Zimbabwe, and Nigeria led the continent in year-to-date equity returns, showcasing robust growth. This trend highlights a varied investment landscape across the region, with distinct economic drivers…
Investors shrug off AI safety concerns and Iran war, sending market to a new peak. Published On 23 Sep 202623 Sep 2026 Wall Street’s Nasdaq stock exchange has hit an all-time high, shrugging off concerns about AI safety risks, sky-high tech valuations and the energy shock caused by the United States’ war on Iran. The…
Uber is cutting about 3 300 jobs, roughly a tenth of its global headcount, in a restructuring designed to flatten its management hierarchy and concentrate resources on three things: ride-hailing, delivery and autonomous vehicles. The number of managers is being slashed by 20%. On the same day it announced the cuts, the company closed its operations…
A Kalshi advertisement seen in Washington on March 27, 2026. Paul Lester | CNBC The 9th U.S. Circuit Court of Appeals rejected prediction market platforms’ requests for injunctive relief against the Nevada Gaming Control Board, concluding that sports-related event contracts are not a derivative regulated by the federal government. The court rejected appeals by Kalshi…
Christo Coetzer, CEO of BlueVision. (Photo: Supplied) BlueVision is expanding its use of behavioural analytics across SA, the UAE and Canada through a new partnership with security analytics company Fluency Security. The partnership will see Fluency’s behavioural analytics technology integrated into BlueVision’s Fusion Cloud managed service, with the aim of improving the detection of identity-driven…
Gas prices are displayed at a Valero gas station on July 21, 2026 in Austin, Texas. Brandon Bell | Getty Images Hello, this is Hui Jie writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open. U.S. President Donald Trump has said that Washington was only “semi-negotiating” with Iran, as economic pressure…
Local spaza shop selling prepaid WiFi vouchers through a reseller network in a cash-based market. (Image: Splynx) Prepaid WiFi vouchers remain one of the main ways for ISPs to sell internet access across many African markets. As networks grow, providers need more ways to distribute vouchers and reach customers beyond their existing sales channels. Local…
Cairo — Africa’s multilateral lender, African Export-Import Bank (Afreximbank), secured its largest bond issuance on record after raising $1.5 billion from international investors, marking its return to the US dollar public debt market for the first time in nearly five years. The Cairo-based lender priced a dual-tranche senior unsecured Eurobond, attracting strong demand from investors…
