Tag: Business Africa

Sawiris Family Backs Swvl’s $14.5 Million U.S. Expansion Push

Egyptian mobility technology company Swvl has secured approximately $14.5 million in fresh private investment, backed in large part by the Sawiris family, as the...

MTN Partners UAE Investor to Build 150MW AI Data Centre Network Across Africa

MTN Group is partnering with a UAE backed data centre investment platform to develop AI ready data centre infrastructure across Africa, with Nigeria and...

Nvidia Projects 70% Revenue Growth as AI Investment Boom Shows No Sign of Slowing

Nvidia is forecasting approximately 70% revenue growth for its fiscal 2028, delivering one of the strongest signals yet that global spending on artificial intelligence...

Meta Faces Up to $17 Billion Settlement as US States Force Sweeping Teen Safety Reforms

Meta Platforms has agreed to pay up to $16.7 billion to settle allegations brought by US states that Facebook and Instagram were deliberately designed...

Israel Boosts Nigeria’s Emergency Healthcare With First Ambulance and Medical Equipment Donation

The Israeli government has delivered the first batch of ambulances, medical equipment and wheelchairs to Nigeria, marking a new step in the growing healthcare...

Tinubu Pushes NLNG to Turn Gas Flaring Into New Economic Value for Nigeria

President Bola Ahmed Tinubu has urged the Nigeria LNG Limited (NLNG) to intensify efforts to reduce gas flaring and convert Nigeria’s wasted gas resources...

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