Thousands Lose Jobs as Meta Ramps up AI Investment
The Facebook parent company is reportedly cutting nearly 8,000 jobs as part of a sweeping AI driven restructuring….report Asian Lite News Meta Platforms has
Royal Air Maroc Launches Special Flights For Atlas Lions Fans
The Moroccan national airline will operate 32 special flights to New York, Boston and Atlanta for supporters…reports Asian Lite News Royal Air Maroc has
South Africa Bets On Private Operators To Revive Rail Sector
Government officials hail rail privatisation as a path to efficiency, but critics warn it could deepen inequalities and sidestep governance failures…writes Ashok Parameswar South
Egyptian Linked Firm Buys Stake In Elite Carmaker
HOF Capital is leading a consortium to acquire Porsche AG’s stakes in Bugatti Rimac and Rimac Group….reports Africa Newsdesk Porsche AG has agreed to
Africa Becomes Key Battleground in Amazon-Starlink Rivalry
While negotiations are said to be at an advanced stage, the deal has not yet been finalised and remains complex….reports Africa Daily Newsdesk Amazon
Natie Kirsh Overtakes Abdulsamad Rabiu as Africa’s Third Richest Person
A $29 billion divestment has propelled the South African businessman past the Nigerian industrialist in Africa’s wealth rankings…reports Africa Newsdesk South African billionaire Natie
Morocco King is Quietly Building Africa’s Largest Gold Operation
King Mohammed VI’s investment vehicle Managem Group is racing to become Africa’s dominant gold producer by 2030….reports Newsdesk The mining company owned by Morocco’s
Namibia Strikes Critical Minerals Jackpot
Namibia Strikes Critical Minerals Jackpot as Australian Miner Confirms High-Grade Tin, Lithium and Tantalum Find The discovery could position Africa’s largest uranium producer as
Ethiopia Attracts Massive $13.1 Billion Investment Wave
Ethiopia has secured 13.1 billion US dollars in investment deals at the Invest in Ethiopia 2026 forum, marking a major boost to its economy
Global Investors Bet Big on South Africa’s Future
South Africa has secured record breaking investment commitments at the 2026 South Africa Investment Conference, signalling rising investor confidence and a major push towards
