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Business Insider Africa

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News

Business Insider Africa
africa.businessinsider.com > local > markets > us-beats-china-in-its-ai-race-to-africa-as-egypt-inks-a-dollar1-billion-data-center > 05hb0yv

US beats China in its AI race to Africa as Egypt inks a $1 billion data center deal with the world’s most valuable company

4+ day, 21+ hour ago   (323+ words) Egypt is moving forward with plans to build its largest-scale AI data center using tech from the world’s most valuable company, NVIDIA. This new development was announced by the country’s Minister of Communications and Information Technology, Raafat Hindi. DON’T MISS…...

Business Insider Africa
africa.businessinsider.com > local > markets > remote-controlled-drone-targets-libyan-fuel-depot-weeks-after-another-attack > l6vz6bq

Remote-controlled drone targets Libyan fuel depot weeks after another attack destroyed 4.5-million-litre tank

1+ week, 1+ day ago   (1022+ words) A remote-controlled drone targeted a major fuel depot in the Libyan capital, Tripoli, weeks after a series of drone attacks destroyed a 4.5-million-litre petrol tank and threatened operations at the country’s largest functioning oil refinery. The latest attack occurred at…...

Business Insider Africa
africa.businessinsider.com > local > markets > africa-welcomes-new-crude-blend-pearl-sweet-as-uganda-prepares-to-become-east-africas > fhw4nsl

Africa welcomes new crude blend “Pearl Sweet", as Uganda prepares to become East Africa's biggest oil producer

1+ week, 4+ day ago   (470+ words) Uganda is moving closer to joining Africa’s oil-producing nations, unveiling a new crude blend as it prepares to begin commercial production and potentially become East Africa’s biggest oil producer. The East African country on Wednesday named its crude oil “Pearl…...

Business Insider Africa
africa.businessinsider.com > local > markets > amazon-faces-dollar20-billion-ad-lawsuit-as-south-african-sellers-pay-for-the-same > cz0lf6y

Amazon faces $20 billion ad lawsuit as South African sellers pay for the same sponsored tools

1+ week, 6+ day ago   (478+ words) Amazon is facing a US lawsuit alleging that it secretly increased advertising prices by more than $20 billion, raising questions for South African businesses paying to promote products on its marketplace. The US Federal Trade Commission and 22 states accuse Amazon of…...

Business Insider Africa
africa.businessinsider.com > local > markets > joshua-kushner-regrets-dollar20-billion-fifa-deal-that-could-have-sent-up-to > 7b1rq77

Joshua Kushner regrets $20 billion FIFA deal that could have sent up to $2.16 billion to African associations

1+ week, 6+ day ago   (413+ words) Kushner, the founder of Thrive Capital and younger brother of Jared Kushner, said his firm would have avoided the project had it understood the political controversy it would generate, Reuters reported⁠. Jared Kushner is US President Donald Trump’s son-in-law. Thrive…...

Business Insider Africa
africa.businessinsider.com > markets > what-smart-people-are-saying-about-trumps-acquisition-of-venezuelan-oil > lwdngdt

What smart people are saying about Trump's acquisition of Venezuelan oil

2+ week, 10+ hour ago   (220+ words) Analysts aren't buying the notion that Trump's recent acquisition of millions of barrels of Venezuelan oil will reduce gas prices for American consumers. In a post on Truth Social on Friday, President Donald Trump said the US has secured majority…...

Business Insider Africa
africa.businessinsider.com > local > markets > america-mobilises-3-powerful-tech-giants-to-africas-second-richest-economy-to-counter > dhynpj8

America mobilises 3 powerful tech giants to Africa’s second-richest economy to counter China’s Huawei bid to build 2,008-chip AI data centre

2+ week, 1+ day ago   (599+ words) The global battle for artificial intelligence dominance is moving deeper into Africa, with Egypt emerging as a new front in the technology rivalry between the United States and China. Chinese technology giant Huawei has submitted a proposal to build AI…...

Business Insider Africa
africa.businessinsider.com > local > markets > from-africa-to-brazil-us-war-department-unlocks-dollar155-billion-funding-package-as > sy6h7jh

From Africa to Brazil, US War Department unlocks $1.55 billion funding package as rare earth race with China escalates

2+ week, 4+ day ago   (687+ words) The United States has opened a $1.55 billion rare-earth financing package in Brazil, days after committing $62.8 million to projects across four African countries, as Washington accelerates efforts to challenge China’s dominance of the strategic minerals supply chain. The latest commitment, announced…...

Business Insider Africa
africa.businessinsider.com > local > markets > canada-fires-back-at-the-dollar3238-trillion-us-economy-with-sweeping-retaliatory > g0f415c

Canada fires back at $32 trillion U.S. economy with strong retaliatory tariffs as African nations choose a different path

2+ week, 5+ day ago   (470+ words) Canada has decided to fire back at the U.S. and its $32.38 trillion economy with sweeping retaliatory tariffs, while African nations opt for dialogue. Following the collapse of trade negotiations in Washington, Canada is striking back against the United States with massive…...

Business Insider Africa
africa.businessinsider.com > news > a-canadian-premier-has-2-ideas-about-where-to-hit-trump-where-it-hurts-us-fighter > n4r4hh5

A Canadian premier has 2 ideas about where to hit Trump where it hurts: US fighter jets and coal

2+ week, 5+ day ago   (363+ words) Canada should broaden its response to its trade war with the US by going beyond tariffs and targeting fighter jets and coal, said a Canadian premier. "I am encouraging the prime minister to look at non-tariff measures to respond, as…...