UK firms land £330m Africa deals
British exporters are set to benefit from more than £330 million in contracts for schools, water, electricity and government infrastructure projects in Guinea and
US Bans DeepSeek from Government Systems
Washington has barred Chinese AI technology from civilian government agencies, citing wider concerns over security and competition as the US seeks to maintain its
Qualcomm Plans Global Job Cuts
The chipmaker will begin notifying employees in November following annual performance reviews, as it seeks to strengthen workplace accountability and expand beyond its smartphone
Uber Wins Bid to Dismiss £340m UK Lawsuits
London’s High Court has dismissed claims worth around £340 million brought by thousands of black cab drivers and two former private hire companies over
KKR to Sell Infinity Transportation for $2.9 Billion
US investment firm KKR has agreed to sell railcar-leasing company Infinity Transportation to Ares Management in a $2.9 billion deal, with the transaction expected
South Africa Bets on Zinc for Growth
Vedanta Zinc International committed approximately R21 billion to South Africa’s investment programme in 2018….reports Africa Daily News Desk South African President Cyril Ramaphosa has
Tanzania Woos Turkish Investors
The government’s outreach to Turkish businesses reflects its efforts to attract investment, strengthen industrial capacity and expand economic cooperation between Tanzania and Türkiye….reports Africa
IMF Warns Global Economy Faces Mounting Risks in 2026
The IMF’s policy-setting committee has warned that wars, trade tensions, energy disruptions and rising public debt threaten global economic stability….reports Asian Lite News Desk
Africa Launches Credit Rating Agency as Kenya Eyes Key Role
Kenyan President William Ruto has welcomed the launch of the Africa Credit Rating Agency in Mauritius, calling it a step towards stronger African financial
Zimbabwe Courts India’s UPI
Zimbabwe is in talks with India’s NIPL to adopt UPI-based payments, potentially cutting transaction costs and improving digital transfers across the country….reports Africa daily
