The Blog
Akinwumi Adesina’s legacy at AfDB takes shape with SDRs, 2034 strategy
Akinwumi Adesina, the President of the African Development Bank (AfDB), has made significant strides in shaping the bank's legacy through…
South Africa’s Election Poses Risks to Economy That Is Finally on the Mend
South Africa's upcoming election on May 29th poses risks to the country's economic recovery after years of stagnation. The ruling…
France looks to elusive EU capital market to fix start-up funding
The French government is leading an initiative to address the fragmented capital markets within the European Union (EU) to support…
Elon Musk’s xAI raises $6 billion in fresh funding
Elon Musk's artificial intelligence startup xAI has successfully raised $6 billion in a Series B funding round, with notable investors…
Daniel Ali, Former DanFX Director Gets Over 7 Years in Jail for Fraud
Daniel Farook Ali, the former director of unlicensed foreign exchange trading business DanFX Trade Pty Ltd, has been sentenced to…
South Africa’s Pick n Pay flags full-year loss with $154 mln impairment
Pick n Pay PIKJ.J said on Wednesday it expects to swing to a full-year loss as South Africa’s third-biggest grocer takes an…
Weak Yuan Boosts the Appeal of Hong Kong Stocks Over China’s
Chinese stocks traded on the mainland are lagging their Hong Kong peers by the most since 2011, an underperformance that’s…
Eni SpA Weighing 20% Stake Sale in Its Enilive Biorefining Unit
Italian energy major Eni SpA is studying the sale of a 20% stake in its Enilive biorefining unit after receiving…
UK inflation lowest in 3 years. Prime Minister Sunak makes it a focus in election call for July 4
Inflation in the U.K. fell sharply to its lowest level in nearly three years in April on the back of…
Sony To focus is on creativity, with games, movies, music, sensors, IP, and not gadgets
Japanese electronics and entertainment company Sony says it’s focusing on creativity in movies, animation and video games, rather than old-fashioned…