The Central Bank of Nigeria closed out August with its second and final Treasury Bills auction of the month, offering N700 billion in government securities in a sale that has become something of a bellwether for how investors are reading Nigeria’s tightening liquidity environment. The auction, conducted on behalf of the Debt Management Office, covered … Read more
Nigeria’s downstream petroleum sector is once again caught in a standoff, and this time it centers on a question that seemed largely settled just a year ago: why is a country with a 650,000 barrel-per-day refinery still importing large volumes of petrol from abroad. The Dangote Petroleum Refinery and Petrochemicals has issued a pointed warning … Read more
US Pauses Global Immigrant Visa Applications Amid H-1B Fee Hike and Tech Hiring Fallout Tech employers scrambling to sponsor overseas engineers just got hit with a second blow in the same week. The State Department has paused immigrant visa appointments at American embassies and consulates worldwide, telling applicants their interviews are being rescheduled while consular … Read more
Meta Reaches $16.68 Billion Settlement Over Social Media Harms to Children Meta Platforms has agreed to a landmark settlement that could cost the company as much as $16.68 billion over allegations that Facebook and Instagram were designed in ways that encouraged children and teenagers to spend excessive amounts of time on the platforms, while also … Read more
DeepSeek’s Revenue Reaches $70 Million as of July, Tenfold Jump from 2025 DeepSeek generated roughly 475 million yuan, or about $70.7 million, in revenue during the first seven months of 2026, a figure that already stands at close to ten times the Chinese AI lab’s entire revenue total for all of 2025. The numbers, first … Read more
China Steps Up Pressure on Taiwan’s Last African Ally as Beijing Orders Citizens Out of Eswatini China has told its citizens to leave Eswatini immediately, escalating a diplomatic standoff over Taiwan’s last remaining ally on the African continent and adding a new front to Beijing’s long-running campaign to isolate Taipei internationally. The advisory, issued by … Read more
Zimbabwe Is Restricting Raw Lithium Exports, but a Chinese Mining Company Just Got an Extra 300,000 Tons Zimbabwe’s push to keep more of its lithium wealth at home is running into an awkward reality: even as the government tightens export controls on raw ore, one of the country’s biggest Chinese mining operators just secured permission … Read more
Another African Country Wants In on Dangote’s $16 Billion Refinery African countries Dangote refinery,Rwanda has become the latest country to signal interest in Aliko Dangote’s planned $16 billion oil refinery in Kenya, with President Paul Kagame confirming his government is in early discussions about acquiring an equity stake in the East African facility. Kagame told … Read more
Arga Labs Is Building a Better Way to Train Enterprise AI Agents Arga Labs is building a better way to train enterprise AI agents, and the timing couldn’t be more relevant. As companies rush to deploy AI agents into real business workflows, a growing number are discovering that the technology works reasonably well in a … Read more
OpenAI Loses a Top Data Center Exec as Stream of High Profile Departures Continues OpenAI has lost another senior leader, and the timing carries particular weight given the role this one played. Chris Malone, the executive who had been serving as OpenAI’s head of data centers, left the company last week, according to reporting from … Read more