Dr Patrice Tlhopane Motsepe has a net worth of $3.1 billion (R56,2 billion) and is one of the richest people in Africa. He has built an incredible business empire with assets in mining, the finance industry, telecommunications, and sports. His business success belies the fact that he had a humble upbringing without the luxuries many...
Day: <span>10 July 2024</span>
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Musk’s xAI and Oracle end talks on $10 billion server deal
Billionaire Elon Musk’s artificial intelligence startup xAI and tech giant Oracle have ended talks on a potential $10 billion server deal, the Information reported on Tuesday. The startup and Oracle have ended talks to expand an existing arrangement under which xAI has been renting Nvidia’s AI chips from the cloud provider, the report said, citing several people involved in...
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Amazon Prime Video secures Exclusive broadcast Rights for the Twenty20 Major League Cricket (MLC)
Amazon Prime Video has won the exclusive broadcast rights to the US-based Twenty20 Major League Cricket (MLC) competition in Australia and New Zealand for the 2024 season. This is the latest Australian cricket rights deal to be secured by Prime Video. All 25 games will be showcased on Amazon’s direct-to-consumer streaming service in the Southern...
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OPINION | How to use Mining to unlock Mauritania’s potential writes Malinne Blomberg
These are exciting times in Mauritania. This nation connecting West and North Africa is transforming its economy through mining, green hydrogen, and natural gas. During the campaign for presidential elections, held on June 29, President Ould Ghazouani announced he would scale up the mining industry if re-elected. Here is the African Development Bank’s take on...
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African Development Bank’s Dr. Adesina appoints Ambassador Jalel Trabelsi as Special Envoy for MENA and Gulf Region
The President of the African Development Bank Group Dr. Akinwumi Adesina has appointed career diplomat Ambassador Jalel Trabelsi as his Special Envoy for the Middle East and North Africa (MENA) and Gulf Region. Ambassador Trabelsi brings to the role over 30 years of experience as a highly accomplished and distinguished diplomat. As Special Envoy for...
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Safeguarding Tether Tokens: A Comprehensive Approach to Blockchain Resilience and User Protection
Tether (USDT) has become the world’s largest stablecoin because it combines utility, security, and accessibility. In line with Tether’s commitment to keeping USDT accessible and secure, USDT has expanded across several blockchains. As USDT has become available on more blockchains, Tether has developed a robust blockchain recovery plan. In the event that any blockchain on...