South Africa’s Absa steps up regulatory push with government
The bank sees a “massive opportunity” in the restructuring of Africa’s largest economy, its chief executive told Semafor.
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Tanzania’s top bank to expand regionally
CRDB is actively exploring new markets in its landlocked neighbors and beyond the continent, its chair told Semafor.
Africa-focused asset manager Enko Capital raises $100M
The fund aims to provide US dollar-denominated private credit to companies across sub-Saharan Africa.
Africa is struggling with systemic ‘misallocation’ of funds, report says
Africa is sitting on around $4 trillion in untapped capital resources, according to a new report from Nigeria’s United Bank for Africa.
Madagascar put on credit watch following coup
Ratings agency S&P Global placed Madagascar on ‘CreditWatch’ with negative implications.
Gulf construction awards slump in third quarter
Contract awards fell to the second-lowest level in ten quarters, an analysis found.
Saudi eyes permanent spot on top tennis tour
The kingdom’s Six Kings Slam, complete with a gold racket trophy and $6 million in prize money, is reigniting talk of a Masters 1000 as Saudi Arabia pushes deeper into global sport.
US chipmaker and key Abu Dhabi AI partner plots UAE expansion
Cerebras Systems is looking to hire and install chips in the UAE capital as construction progresses at the UAE-US AI Campus.
Qatar nurtures startups going for ‘bottom-of-the-pyramid fortunes’
Startups at Qatar Science & Technology Park don’t have to be the biggest — they just have to make an impact on people and the planet.
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Rural areas lag behind in cancer treatment and prevention – even as rich, urban areas increasingly leave dying from cancer in the rearview
Why states are walking back their own climate and energy laws, and what they could do instead
Energy costs are high and unaffordable – what utilities, governments, communities and you can do to help save consumers money
Most American workers are checked out, and like ‘The Office,’ their bosses are the last to know
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