Tag: Business News
Business Africa
China’s Linkerbot targets $6bn valuation as robotic hand maker rides AI automation wave
China-based robotics startup Linkerbot is targeting a $6 billion valuation in its next fundraising round, underscoring surging investor interest in advanced automation technologies. The...
Business Africa
GameStop launches $56bn bid for eBay, signals readiness for takeover
GameStop has made an unsolicited $56 billion offer to acquire eBay, in what is shaping up to be one of the most audacious takeover...
Business Africa
Nigeria’s national treasury eyes ₦6.8trn oil windfall as higher crude prices boost fiscal outlook
Nigeria’s national treasury is set to receive an additional ₦6.8 trillion in oil revenue, driven by rising global crude prices and ongoing economic reforms....
Business Africa
Pentagon accelerates AI push with classified deals involving seven tech giants
The Pentagon has signed agreements with seven leading artificial intelligence companies to deploy their technologies across classified military systems, marking a major escalation in...
Business Africa
Dangote Refinery begins direct jet fuel supply to Ethiopian Airlines in export expansion
Dangote Refinery has started direct aviation fuel deliveries to Ethiopian Airlines, marking a significant step in its push to become a major supplier of...
Business Africa
OPay taps Citi, Deutsche Bank, JPMorgan for $4bn U.S. IPO push
OPay has hired Citigroup, Deutsche Bank and JPMorgan Chase to lead its planned U.S. initial public offering, targeting a valuation of about $4 billion,...
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