Tag: Business Africa

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...

World Bank Approves $750 Million Budget Support for Kenya

The World Bank has approved $750 million in budget support for Kenya, providing a major financial boost as the East African nation advances reforms...

South Korea Unveils $576 Billion AI and Chip Investment Drive Led by Samsung and SK Hynix

South Korea has unveiled an ambitious 800 trillion won ($576 billion) investment programme aimed at cementing its leadership in artificial intelligence and semiconductor manufacturing,...

Australia and Vanuatu Sign Landmark Pact After Deadlock Over China Ties

Australia and Vanuatu have signed a long-delayed security and development agreement, ending months of negotiations that had stalled over concerns about the Pacific nation’s...

China Tech ETF Draws Record Inflows Despite Global Chip Market Selloff

Investors poured a record amount of capital into a leading China technology exchange-traded fund (ETF) despite a sharp global selloff in semiconductor stocks, underscoring...

Verizon and BT Form Joint Venture to Strengthen Global Connectivity for Multinational Businesses

Verizon Communications and BT Group have agreed to combine their international enterprise operations into a 50:50 joint venture, creating a new global connectivity business...

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