Egyptian interim leader names a new Prime Minister

The Egyptian interim leader Adly Mansour, has appointed Hazem El Beblawi as Egypt’s new Prime minister, after the democratically elected president Mohammed Morsi was ousted from office by the country’s army leaders. Presidential spokesman Ahmed El Moslamany announced in a statement that Mohamed El-Baradei is also appointed as Vice President responsible for foreign affairs in […]

Cassava Technologies teams up with Nvidia to launch Africa’s first AI factory

Cassava Technologies, founded by Zimbabwean telecom mogul Strive Masiyiwa, has announced a groundbreaking collaboration with Nvidia to establish Africa’s first AI factory. The initiative, which will integrate Nvidia’s advanced computing and AI software into Cassava’s South African data centers by June 2025, aims to equip African businesses, governments, and researchers with world-class AI infrastructure. This […]

EU Removes UAE from Money Laundering Watchlist, Adds Algeria to High-Risk Category

On Tuesday, European Union announced the removal of the United Arab Emirates from its “high-risk” list for money laundering. In addition to the UAE, the EU also delisted Barbados, Gibraltar, Jamaica, Panama, the Philippines, Senegal, and Uganda. At the same time, Monaco was added to the list along with nine other countries. According to the […]