Tag: million
AFC Pledges $100 Million to African Tech Funds
Africa Finance Corporation (AFC) has announced a $100 million commitment to support technology fund managers focused on African startups, aiming to strengthen local institutional involvement in the continent’s growing venture capital ecosystem. The investment comes at a pivotal moment for Africa’s digital economy, which is projected to contribute over $700 billion to the continent’s GDP
AfDB Approves $61 Million Package to Support Women-Owned Businesses in Nigeria
The African Development Bank (AfDB) has greenlit a significant $61 million financing package to improve access to credit for women-led and women-owned businesses in Nigeria. This initiative is particularly focused on key sectors such as agriculture, clean energy, and healthcare. The bulk of the funds will be channelled through the Development Bank of Nigeria (DBN)
UAE’s Zypl.ai Raises $5.5 Million at $80 Million Valuation to Scale AI Credit Decisioning
UAE-based credit scoring platform zypl.ai has raised $5.5 million in a bridge funding round led by Carbide Ventures, with participation from investors including Eurasian Resources Group CEO Shukhrat Ibragimov, the company said on Thursday. The round values the artificial intelligence firm at $80 million and will support its global expansion and deployment of next-generation […]
€100 million! Why are Real Madrid and Arsenal battling it out for Leverkusen’s star player?
One of the standout players in the German league has caught the eye of Europe’s top clubs, in a development that could soon change his future, having recently demonstrated his ability to perform at an exceptional level, despite a relatively modest start to the season...
PS5 Ships 93.7 Million Units as of March 2026
by William D'Angelo , posted 1 day ago / 3,956 Views Sony Interactive Entertainment in its financial results announced it has shipped 93.7 million PlayStation 5 consoles as of March 31, 2026. With 93.7 million PlayStation 5 consoles shipped that means 1.5 million units were shipped from January to March. This is down 1.3 million (-46.4%)
EPF sells one million Sunway Healthcare shares, cuts stake to 4.99pc
The Employees Provident Fund (EPF) has sold one million shares in Sunway Healthcare Holdings Bhd, reducing its stake to 4.99 per cent from 5.13 per cent and losing its status as a substantial shareholder. — Reuters pic (New users only) It's tax relief season! Get up to RM300 when you save with Versa! Plus, enjoy
OHB Sweden wins €248 million contract to build EPS-Sterna constellation
Render of the Arctic weather satellite, the basis for the EPS-Sterna constellation. Credit: ESA/Mlabspace HELSINKI — OHB Sweden has won a record contract for Sweden’s space sector to build 20 satellites to boost Europe’s weather forecasting and climate monitoring capabilities. The contract, signed March 18 between the European Space Agency and OHB Sweden on behalf
Rocket Lab wins $190 million Pentagon deal for hypersonic test flights
Rocket Lab launches HASTE for Hypersonix Feb. 27, 2926. Credit: Rocket Lab WASHINGTON — Rocket Lab, a provider of launch services and spacecraft, announced it won a $190 million Pentagon contract for 20 hypersonic test flights. The award, issued by the Pentagon’s Test Resource Management Center under its Multi-Service Advanced Capability Hypersonic Test Bed, or
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Tech to Improve Stroke Outcomes; Impact of a Nation’s Social Media Ban
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SXSW 2026 Day 7 Photos: Highlights from Austin’s Music Festival
Music SXSW 2026 wrapped up with another incredible day...
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Wizkid, Asake, Tems, and Burna Boy nominated for 2026 BET awards
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