Stanbic Bank Kenya bets on startups with $100m investment
Stanbic Bank Kenya is making an ambitious play in East Africa’s startup ecosystem, unveiling plans to raise $100 million through its Catalytic…
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Zenith bank eyes Kenyan expansion with acquisition deal
Zenith Bank, Nigeria’s second-largest lender by assets and often dubbed “the bank of the rich,” is preparing to expand its footprint into…
How oil producers refused crude supply to Dangote, others – NUPRC
The Nigerian Upstream Petroleum Regulatory Commission has revealed that several oil producers resisted government directives last year to allocate part of their…
Nationwide blackout hits Zimbabwe after grid collapse
Zimbabwe experienced a nationwide electricity blackout on Thursday following a system failure that caused both of its power stations to stop generating…
Google launches Veo 3 video generation model globally
Google has begun the global rollout of its latest video generation model, Veo 3, making the AI-powered tool available to Gemini users…
Nigeria excluded as Trump hosts African leaders in Washington
United States President Donald Trump has sidelined Nigeria as he hosts leaders from five African nations in Washington next week for talks…
JP Morgan doubts $2tn US stablecoin growth forecasts
United States investment bank J.P. Morgan has cast doubt on the most bullish forecasts for stablecoin growth, predicting on Thursday that the…
Nvidia to become world’s most valuable company
Nvidia continued its meteoric rise on Thursday, hitting a market capitalization of $3.92 trillion, putting it on track to become the most…
Europe’s largest asset manager warns against US stablecoin boom
Europe’s largest asset manager, Amundi, has raised alarms over the potential global fallout from a surge in United States’ dollar-backed stablecoins, warning…
Substack expands video tools, adds livestream clip sharing
Substack, the platform known for powering the newsletter economy, is doubling down on video with a fresh set of tools designed to…
OpenAI denies Robinhood’s sale of ‘OpenAI Tokens’
OpenAI has firmly denied any involvement in Robinhood’s recent sale of so-called “OpenAI tokens,” cautioning consumers that the tokens do not represent…
Shares rises as US lifts export ban on chip design software
Shares of United States chip design giants Synopsys and Cadence Design Systems surged on Thursday after the U.S. government lifted recent export…