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Steven Paul Invests In Lionsgate Joint Venture Amid Studio Sale Chatter
The exec is leading an investment to collaborate on new businesses and indie film production.
Katsina invests ₦4bn to modernise youth craft village
Katsina State has invested over ₦4bn to modernise its Youth Craft Village, with 1,662 graduates receiving start-up equipment to tackle unemployment. Read More: https://punchng.com/katsina-invests-%e2%82%a64bn-to-modernise-youth-craft-village/
Microsoft offers buyouts to 60,000 workers as it invests more in AI
Roughly a quarter of Microsoft's workforce will be eligible for a "voluntary exit offer" as the company tries to shed workers.
EIB invests $37.5m in Tanmiya fund as it reaches $130m close
The European Investment Bank (EIB), through its development arm EIB Global, has invested $37.5m in Tanmiya Capital Fund II to expand access to growth capital for established small and medium-sized enterprises (SMEs) in Egypt. The investment was announced at a ceremony in Cairo attended by EIB Vice-President Gelsomina Vigliotti and Tanmiya Capital Ventures Ma
Egyptian Swiss Group targets EGP 11bn turnover, invests €5m in new pasta line
Egyptian Swiss Group for Pasta, Milling, and Concentrates is targeting turnover of EGP 11bn this year, with expected growth of 10% to 15% across its pasta, flour, tomato sauce and grain businesses, General Manager Ahmed El-Sebaei said. The group exports to around 60 countries and allocates approximately 80% of its production to overseas markets, accounting [
EIB invests over €1.2bn in Egypt’s water projects since 1989
The European Investment Bank (EIB) has provided more than €1.2bn in financing for water investments in Egypt since 1989, supporting wastewater treatment, sanitation and water-quality improvement projects, EIB Vice-President Gelsomina Vigliotti said on Sunday. Speaking at the opening of Cairo Water Week 2026 on October 25, Vigliotti said the bank continues to
Q Developments invests EGP 24bn in four real estate projects
Q Developments’ total investments across its four real estate projects have reached approximately EGP 24bn, supported by a land portfolio of 220 to 260 feddans, CEO Ahmed Thabet said. The company is pursuing projects across Alexandria, the North Coast and West Cairo, while targeting the delivery of 350 residential units in 2027. Its strategy is […]
AI Giant Nvidia Invests in Entertainment Startup Higgsfield
Higgsfield, the AI video and image generation company dabbling across both marketing and entertainment spaces, extended its Series B funding round with new investments from Nvidia and the investment firm TCV. The San Francisco-based company announced the investments as Nvidia CEO Jensen Huang visited Kazakhstan on Friday, where much of Higgsfield’s founding
Elon Musk invests about $1 billion in Skydance
David Ellison's father, billionaire and Oracle co-founder Larry Ellison, has a history with Musk.
OpenAI Invests in Startup That Uses Brain Implants to Detect Cancer
It’s the latest in a growing wave of bets that AI companies are making on brain data.
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