Tag: invest
MeTL Group to invest $250 million in Mozambique expansion
Tanzania’s MeTL Group has announced a $250 million investment plan to expand its operations into Mozambique, a move expected to create approximately 20,000 jobs across the country. The capital injection, led by the conglomerate’s founder and billionaire Mohammed Dewji, marks a significant strategic push to deepen the group’s footprint within the Southern African Development Community
Krafton to invest $1 billion into South Korean defense company partnered with the U.S. navy
The publisher has partnered with precision-guided munitions specialist Hanwha Aerospace...
ASML to Invest $1.5 Billion in Mistral, the French A.I. Start-Up
ASML, the Dutch maker of semiconductor equipment, is investing about $1.5 billion in Mistral, the French A.I. start-up...
Safaricom to Invest $500 Million in AI Infrastructure Across East Africa
Safaricom is set to invest nearly $500 million in Artificial Intelligence infrastructure across East Africa, according to Cynthia Kropac, Chief Enterprise Business Officer, Safaricom. Kropac was speaking at the Connected Africa Summit 2025 in Diani, Kwale County, Kenya. According to Kropac, “Safaricom is investing nearly $500 million over the next three years in AI infrastructure
6 Best Cryptos to Invest in for Short Term Gains Before the Next Market Rotation
With market sentiment teetering between cautious optimism and renewed accumulation, timing has never been more critical for participants looking to capture tactical gains. As Bitcoin steadies above $100K and altcoin capital rotation accelerates, identifying high-utility assets with imminent catalysts has become the key to short-term portfolio strategy...
McDonald’s to invest more than $100 million to speed up recovery after E. coli outbreak
This week, the company completed the return of Quarter Pounder burgers, with slivered onions, to all restaurant menus nationwide...
NTT to invest $500m a year in India for data centers, other tech …
NTT to invest $500m a year in India for data centers, other tech ... Nikkei Asia...
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Bitcoin
Investors Cash Out Fast of Bitcoin ETFs but Price Remains Stable
American investors have reversed course, cashing out of spot Bitcoin exchange-traded funds after a hot run at the beginning of August. Data from Farside Investors shows that investors pulled over $385 million from the U.S. funds last week. The week before, the funds had received fresh cash every day, bringing in more than $865 million
African
African investment entity planned by Egypt as it seeks expanded BADEA funding
Egypt plans to establish a new investment entity to coordinate its investments in Africa and is urging the Arab Bank for Economic Development in Africa (BADEA) to expand its backing for continental infrastructure and trade initiatives, Foreign Minister Badr Abdelatty said on Sunday. Abdelatty, who serves as Minister of Foreign Affairs, Emigration and Egyptian Expatriates
House
Wealthy House candidates eye payoffs in Florida Republican primaries
More than a dozen House candidates in Florida have poured over $1 million into their campaigns ahead of Tuesday’s primary elections, a CQ Roll Call analysis of fundraising reports shows. The investments — by 14 Republicans running for eight different House seats — come after the GOP-led state Legislature approved a new congressional map this
public
US Treasury Asks For Public Input on Landmark Genius Act Crypto Legislation
The U.S. Department of the Treasury is moving fast with crypto regulation, with the government body asking for public comment on the landmark GENIUS Act. In a Monday announcement, the Treasury said that it was welcoming input from stakeholders on a proposed rule that would provide clarity to industry regarding who needs a license to
Billionaire
Hedge Fund Billionaire John Overdeck’s Wife Seeks $6.2 Billion in Divorce Settlement
Eweeeeee!!! The divorce showdown between hedge fund billionaire John Overdeck and his wife Laura Overdeck has intensified, with Laura now demanding a staggering $6.2 billion settlement. The case, unfolding in a Newark courtroom, has been described as the biggest contested divorce in New Jersey history. Laura is asking for 35% of John’s stake in Two