Stocks in Asia traded mixed on fresh signs of labour-market resiliency in the US that may support another Federal Reserve hike in interest rates this year. Shares in mainland China fluctuated, while those in Taiwan and Japan fell. Sentiment soured in the semiconductor sector after Taiwan Semiconductor Manufacturing Co. cut its sales outlook for this … Read More “Stocks, futures mixed on renewed rate-hike worries: Markets wrap” »
The facility will be built in the city of Taubaté, in the state of São Paulo, and it is set to manufacture flying taxis that could take off as soon as 2026. On the 150th anniversary of the birth of Brazilian aviation pioneer Alberto Santos Dumont, Brazilian aeronautics firm Embraer and its subsidiary Eve Air … Read More “Flying taxi factory to be built in Brazil” »
Private developers such as Acorn have partnered to develop housing units like the Qwetu Student Residences in Nairobi, Kenya By David Ndungu (associate principal) and Bobby Patel (global head of real estate investment), CrossBoundary Student accommodation has grown globally over the last two decades. This expansion has been fueled by increased student enrollment worldwide, among … Read More “The private sector’s push into Africa’s student housing market” »
Image Credit: Pixabay To read this article, you must be a paid subscription member. (Current members login here) Reserve your digital subscription today Join now for $35 per month Join now for $399 per year for access to: Weekly newsletter with original and curated news, analysis, and perspective Africa’s private capital deals, fundraises, and … Read More “TIDE Africa II looks set for significant EIB commitment” »
Tokenizing the world means declaring digital value of all physical resources. This means all your property plus impersonal assets like the rain forrest in Brazil. Average citizens will be given the digitized version of assets but the real assets will remain under the control of the central bank system, with the BIS sitting at the … Read More “Global Control Of ALL Assets, Information & People” »
Africa has a population of over 1.4 billion people. Interestingly, it is the youngest continent in the world, with 60% of the entire population aged below 25 years. This makes it the hub of the future workforce and a hotbed for technological innovation. While many African governments grapple with poor unemployment rates, weak economies and … Read More “Felicia Omari Ochelle, TechPR’s CEO, is helping technology companies tell compelling stories to a global audience” »
Investors continued to pull money out of sustainability-themed funds during the second quarter amid a political backlash against ESG — but that trend is unlikely to sway advisors who are true believers in the cause. Between April and June, a total of $635 million poured out of U.S. sustainable mutual funds and ETFs, representing the … Read More “Outflows from sustainable funds aren’t fazing advisors” »
Five35 Ventures, an early-stage VC firm investing in female-focused startups, announces its strategic investment in Zuri Health, a groundbreaking digital health platform. This investment propels both companies’ commitment to revolutionizing healthcare. Zuri Health offers accessible and personalized healthcare solutions through innovative technology and expert guidance. Five35 Ventures’ confidence in Zuri Health’s vision fuels the platform’s … Read More “Boosting Digital Health: Five35 Ventures Partners with Zuri Health” »
As Africa’s youthful population continues to grow exponentially, it’s of the utmost importance that entrepreneurs create various healthcare solutions that will cater to the medical needs of the continent’s future. While the pandemic made investors pay attention to Africa’s private healthcare space, women’s health — a subcategory dominated by women founders that broadly addresses women’s … Read More “Kasha raises $21M Series B led by Knife Capital to expand health access platform across Africa” »
Russia raised interest rates for the first time since emergency measures taken after the invasion of Ukraine almost 17 months ago, delivering a bigger increase than forecast by economists. The central bank on Friday lifted its benchmark to 8.5% from 7.5%. Almost all economists surveyed by Bloomberg expected a rate increase, with forecasts ranging between … Read More “Russia raises rates for first time since invasion aftermath” »
