Business

The UAE Ministry of Finance has signed the Multilateral Competent Authority Agreement on the Automatic Exchange of Information under the Crypto-Asset Reporting Framework (CARF). This move follows the Ministry’s announcement…

Nvidia revealed a $5 billion investment in Intel common stock at $23.28 per share, giving it around a 5% ownership stake. The deal, however, goes far beyond equity—it’s about co-developing…

Uganda is set to host Africa’s first Artificial Intelligence (AI) factory, inside the 600MW Karuma Hydropower Plant on the River Nile. The Aeonian Project, a 100MW hyperscale facility that will…

The multilateral financial institution, African Export-Import Bank (Afreximbank) has joined this year’s African Energy Week (AEW): Invest in African Energies conference as a Diamond Partner amid a growing push to…

In a significant move for the semiconductor industry, SoftBank Group Corp. is investing $2 billion in Intel Corporation, marking a deepening commitment to technological innovation and manufacturing. This investment, announced…

Masimo files lawsuit over Apple’s ‘redesigned’ blood oxygen monitoring feature. The company wants the court to only allow Apple Watch imports if their blood oxygen tech is switched off. Masimo,…

MTN Uganda has posted robust financial results for the first half of 2025, buoyed by surging demand for data and financial technology services as more Ugandans tap into the digital…

HD Hyundai affiliates, HD Korea Shipbuilding & Offshore Engineering (HD KSOE) and HD Hyundai Heavy Industries (HHI), have secured the ‘world’s first’ New Technology Qualification (NTQ) from classification society American…

“Media headlines describe the situation as explosive and out of control, causing countries to eventually run out of power,” Rocky Mountain Institute (RMI) reports. “However, data centres account for just…

Meta’s Zuckerberg Poaches OpenAI AI Talent with $1B Offers, Igniting Arms Race. Meta Platforms, led by Mark Zuckerberg, is aggressively poaching top AI talent from rivals like OpenAI with offers…