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Russia has become one of the world's biggest sellers of gold over the past 12 months. It's an attempt to raise cash in the face of budget issues, but not necessarily a sign of a looming financial crisis.
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Russia has become one of the world's biggest sellers of gold over the past 12 months. It's an attempt to raise cash in the face of budget issues, but not necessarily a sign of a looming financial crisis.
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Amid talk of an AI sector bubble, one aspect is under scrutiny. Many big AI players are invested in smaller ones, who then buy the bigger firm's products. This brings risks and advantages.
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Devastating wildfires are ravaging Spain's tourism, economy and nature. Could the country have done more to prevent them?
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Devastating wildfires are ravaging Spain's tourism, economy and nature. Could the country have done more to prevent the flames?
[Capital FM] Nairobi -- Standard Chartered Bank Kenya has mobilized more than Sh97 billion in sustainable finance since 2021, supporting renewable energy, affordable housing, sustainable infrastructure and women-led businesses as demand for climate-focused investments grows.
[Nile Post] The government has warned that vandalism of telecommunications infrastructure is undermining national development and will be treated as economic sabotage as Uganda expands digital connectivity across the country.
[ENA] Addis Ababa -- The Amhara National Regional State supplied 357 kilograms of gold to the National Bank of Ethiopia (NBE) for the first time during the 2018 Ethiopian fiscal year.
[263Chat] Mobile network operator NetOne has called on young Zimbabweans to embrace artificial intelligence (AI) as a catalyst for innovation, industrialisation and job creation, while warning that the rapid adoption of the technology must be accompanied by robust cybersecurity measures.
[Vanguard] The Federal Government has announced plans to phase out electricity subsidy payments from 2027 as part of efforts to address mounting debts in the power sector.
[Algerie Presse Service] Algiers -- President of the Republic Abdelmadjid Tebboune offered his deepest condolences on Friday to the families of the victims of a passenger bus crash in the Berrahmoun El-Karma area of Boumerdes province. According to an updated preliminary toll, the tragic accident has left 25 people dead and 44 injured.
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The US has banned foreign-made humanoid robots, a market Chinese tech firms dominates. Although Washington cited national security risks, analysts think Donald Trump is buying time for US robot makers to catch up.
[ANGOP] Luanda -- Angola earned US$8.91 billion from the export of 88.12 million barrels of crude oil in the second quarter of this year, the Secretary of State for Mineral Resources, Jaime Victor, revealed on Thursday in Luanda.
[AIM] Maputo -- The Mozambican Minister of Agriculture, Roberto Albino, believes that Portugal is one of the country's crucial partners for attraction of new investments and technologies to boost agro-industrial development and economic growth
[Ghanaian Times] The Public Interest and Accountability Committee (PIAC) has urged the government to involve Metropolitan, Municipal and District Assemblies (MMDAs) more directly in the planning and implementation of petroleum-funded projects.
[Vanguard] The Nigerian Association of Resident Doctors (NARD) has threatened to commence a total and comprehensive nationwide industrial strike on Aug. 10 if the Federal Government fails to address its outstanding demands.
[Independent (Kampala)] Kampala -- As Uganda's diaspora continues to send record remittances back home, Equity Bank Uganda is strengthening its efforts to help turn these financial inflows into long-term investments that create businesses, jobs and sustainable wealth.
[Capital FM] Nairobi -- Visa has appointed former Airtel Money Kenya Managing Director Anne Kinuthia Otieno as its new Vice President and Head of East Africa, effective August 4, 2026.
[Premium Times] NARD said the proposed Total and Comprehensive Industrial Strike (TICS) would commence at 8 a.m. on 10 August unless its demands are met before the deadline.
[Premium Times] They [governors] are taking four to five times their money. Nobody is borrowing money to pay salaries now," the president added.