Africa Investment Forum 2022 Draws U.S.$31 Billion in Investor Interest

-A total of $63.8 billion of investment interest mobilized in 2022 This year’s just concluded Africa Investment Forum Market Days–the continent’s premier investment platform–has drawn $31 billion in investment interest from African and global investors. Combined with $32.8 billion from the rescheduled 2021 Africa Investment Forum Market days–which took place as virtual boardrooms in March this year–the forum has…

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Africa Investment Forum 2022 Draws U.S.$31 Billion in Investor Interest

-A total of $63.8 billion of investment interest mobilized in 2022 This year’s just concluded Africa Investment Forum Market Days–the continent’s premier investment platform–has drawn $31 billion in investment interest from African and global investors. Combined with $32.8 billion from the rescheduled 2021 Africa Investment Forum Market days–which took place as virtual boardrooms in March this year–the forum has…

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Verified at a price: Twitter’s verified users might soon be forced to pay to keep their blue ticks

Since his official takeover of the company on Thursday 27 October, new Twitter owner Elon Musk has wasted no time making changes to the platform. After a fiery start which saw the company’s top executives being sacked by Musk without much ceremony, the billionaire is now reassessing the app’s approach to verified accounts. Twitter blue-tick users are soon to…

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Peace Talks on Ethiopia’s Tigray Conflict Are Extended  

Dar Es Salaam — Peace talks between warring sides on Ethiopia’s Tigray conflict have been extended into Monday. An official familiar with the arrangements for the talks confirms that discussions continue in South Africa between Ethiopia’s federal government and representatives from the northern Tigray region. The African Union-led talks seek a cessation of hostilities in a war that the United…

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Why coal exports to Europe could be short-lived

Summary Tanzania has seen a boost in coal exports, specifically to European countries as the West tries to grapple with the energy attrition and cost burden heightened by Russia’s invasion of Ukraine. Russia is Europe’s biggest energy supplier. However, as COP27 nears, discourse on protecting the environment has become more ubiquitous, with European countries taking on the mandate as…

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SA, Indonesia get $1bn to close coal plants

In SA, the money will be used to close coal-fired electricity stations and replace them with renewable energy plants and battery storage systems South Africa and Indonesia will receive a combined $1 billion from the Climate Investment Funds to replace some of their coal-fired power plants with renewable energy facilities, part of global efforts to cut planet-warming emissions. The…

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Kyrie Irving denies movie shared in tweet was antisemitic: ‘I’m not going to stand down on anything I believe in’

Nets star Kyrie Irving doesn’t believe he did anything wrong by posting “Hebrews to Negroes: Wake Up Black America” on his social media channels — a move that was met with much backlash because of its antisemitic implications, even public backlash from Nets owner Joe Tsai. Irving, after the Nets lost their fourth straight game, said he does not…

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Pelosi ‘heartbroken and traumatized’ over attack on husband

Speaker of the US House of Representatives Nancy Pelosi said Saturday she and her family were “heartbroken and traumatized” by the violent attack on her husband at their California home. An intruder had broken into the couple’s house in San Francisco early Friday morning and attacked the speaker’s husband Paul Pelosi with a hammer, fracturing his skull. “Our children,…

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