European DFIs lead Africa's private capital funds
The data underscores the continent’s continuing dependence on foreign capital for private investment.
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Iran war disrupts phone shipments to Africa
Shipments of African mobile phones have slowed to their lowest level in two years, research firm Omdia said.
The paradox of Africa's millionaire growth
More entrepreneurs are getting rich despite difficult conditions, yet many remain reluctant to keep their capital in the markets that made them wealthy.
SpaceX IPO won’t solve Alwaleed’s languishing stock
Saudi billionaire Prince Alwaleed bin Talal has picked many winners in his career, but outside investors in his holding company haven’t benefited.
Abu Dhabi’s money man pledges accelerated US investment
Khaldoon Al Mubarak visited Washington, where he met with a number of Trump administration officials.
MTN leads bid to share African digital infrastructure costs
Africa’s biggest mobile operator wants shared ownership of infrastructure to replace the model in which firms build their own private networks.
US looks to use Iranian assets to help Gulf allies
Washington is reportedly looking to redirect Iranian assets to Gulf countries to help them rebuild following strikes from Tehran.
Chinese blue-collar wage growth outpaces white-collar jobs'
Wage growth for blue-collar workers in China has outpaced that of their white-collar peers for six consecutive years, in a sign of the strength of the country’s booming gig economy.
Saudi's NEOM faces $16 billion bill to cancel contracts
Futuristic city once at the heart of Saudi Arabia’s transformation plan will spend more money to halt construction than on new building.
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