Matthew Freeman

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Abu Dhabi’s MGX Raises $49 Billion for One of the World’s Largest AI Investment Funds

MGX, Abu Dhabi’s artificial intelligence-focused investment firm, has raised $49 billion for a new fund dedicated to AI investments, creating one of the largest...

Dangote Refinery Imports First UAE Crude Cargoes From ADNOC

Nigeria’s 650,000-barrel-per-day Dangote Petroleum Refinery has imported 2 million barrels of crude oil from the Abu Dhabi National Oil Company (ADNOC), marking its first-ever...

Kenya and Rwanda Sign Fuel Import Deal to Strengthen Regional Energy Security

Kenya and Rwanda have signed a landmark government-to-government agreement to facilitate Rwanda’s importation of refined petroleum products through Kenya’s energy infrastructure, a move aimed...

Amazon’s Quick Commerce Expansion Wipes $15 Billion Off Eternal and Swiggy’s Market Value

Shares of Indian quick commerce leaders Eternal and Swiggy suffered a combined market value loss of about $15 billion after Amazon unveiled an aggressive...

Nigeria Seeks Strategic Partnerships to Build World Class Steel Industry at AFNIS 2026

Nigeria has intensified efforts to attract strategic partnerships that will accelerate the development of a globally competitive steel industry, using the fifth African Natural...

Samsung Readies $648 Billion Investment Drive as AI Boom Reshapes South Korea

Samsung Group is reportedly preparing to unveil a sweeping 1,000 trillion won ($648 billion) investment plan over the next decade, positioning artificial intelligence, semiconductors,...

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