[ad_1] One year after an eleventh-hour bailout, Egypt’s economy is brightening. Reforms are being implemented, inflation is declining, and FDI is up. Egypt’s economic outlook is brightening, thanks in part to the commencement of long-delayed structural reforms, ambitious economic transformation plans, and an influx of foreign capital. Rebounding from the …
Read More »Okosix will show its biodegradable plastic at TechCrunch Disrupt 2025
[ad_1] Healthcare is awash in single-use plastics. In U.S. healthcare facilities alone, more than 2,800 tons of plastic packaging and products are thrown out every day. Few people are more aware of this than Eddie Yu. Early in the pandemic, Yu founded a company that made disposable masks. One day, …
Read More »Lagos Power Sector: Ikeja Electric, Eko Disco Lose Ground as Two New Firms Take Over
[ad_1] Lagos State has licensed two distribution companies to replace Ikeja Electric (IE) and Eko Distribution Company (EKDC) The new regulatory body, Lagos State Electricity Regulatory Commission (LASERC) issued the two distribution licences Experts say the development is historic as it replaces the two most dominant players in the state’s …
Read More »With TikTok Deal, Larry Ellison Eyes Media Dominance
[ad_1] September was life-changing for 81-year-old billionaire entrepreneur Larry Ellison and his family. After announcing that his flagship database software company, Oracle, had a backlog of orders amounting to nearly $100 billion on red-hot demand for artificial intelligence, as well as announcing several other multi-billion-dollar contracts with companies including OpenAI, …
Read More »Firefly leans into its defense ambitions with $855M SciTec acquisition
[ad_1] Firefly Aerospace on Sunday said it had agreed to buy defense analytics firm SciTec for about $855 million in cash and stock, paving the path to its goal of becoming a significant player in the national security market. Firefly will pay around $300 million in cash and $555 million …
Read More »US government shutdown enters second week
[ad_1] A stop sign is seen in front of the US Capitol — where talks to repoen the federal government have seen little progress. Photo: Alex WROBLEWSKI / AFP/FileSource: AFP The US government shutdown entered its second week on Monday, with no sign of a deal between President Donald Trump’s …
Read More »How European Corporates Are Redefining Capital Market Strategy
[ad_1] The first half of 2025 marked a decisive shift from balance-sheet defence to strategic deployment, with issuance patterns reflecting not just a recovery in confidence but a deliberate repositioning of funding models. European investment-grade corporate bond issuance exceeded €100 billion in May 2025, up 22% year on year and …
Read More »TechCrunch Mobility: Toyota makes a $1.5B bet on the startup ecosystem
[ad_1] Welcome back to TechCrunch Mobility, your hub for all things “future of transportation.” To get this in your inbox, sign up here for free — just click TechCrunch Mobility! More than a month ago, I asked you, dear reader, how you thought EV sales would play out once the $7,500 …
Read More »Bride-to-be Dies Before Her Wedding Day in Abia, Full Story Breaks Hearts as Friends Mourn Demise
[ad_1] A day which was meant to be for celebration has turned into heartbreaking tragedy as a Nigerian bride-to-be, passed away just two days before her traditional wedding The 3rd of October, meant for her bride price ceremony, became the day of her death after she complained of chest pain …
Read More »OpenAI and Jony Ive may be struggling to figure out their AI device
[ad_1] OpenAI and Jony Ive face significant technical challenges as they work to develop a screen-less, AI-powered device, according to the Financial Times. Back in May, OpenAI acquired io, the device startup founded by the legendary Apple designer with OpenAI CEO Sam Altman, for $6.5 billion. At the time, Altman …
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