Mubadala announces US$2.96bn half-year profit

Abu Dhabi’s Mubadala Investment Company announced profits of US$2.96bn (AED10.9) for the first six months of this year. The income

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Facebook given deadline over user data

Facebook has been given a deadline to provide more information about what is done with users’ data, or it will

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Amazon is now the third-biggest ad platform in the United States

Amazon already dominates a multitude of businesses. Online advertising may be next. Amazon(AMZN) is expected to move ahead of Microsoft

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Ethiopia to commission 2 Chinese-built industrial parks soon

Ethiopia is set to commission two Chinese-built industrial parks by the end of September. The Adama and Dire Dawa Industrial

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Ex-UBS trader gets last-minute reprieve from deportation

Kweku Adoboli, the former UBS trader convicted of fraud, has been given a temporary reprieve from deportation to Ghana, where

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Buhari accepts Kemi Adeosun’s resignation, appoints Zainab Ahmed as replacement

President Muhammadu Buhari has accepted the resignation of Kemi Adeosun as minister of finance. In a statement by presidential spokesman, Femi

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Europe just approved new copyright rules that could change the internet

European lawmakers have approved new rules that could force Google and Facebook to stop users uploading copyrighted content and to

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AfDB releases new resilience & fragility tool for members

The African Development Bank (AfDB) has released a new tool to discover resilience and diagnose fragility in African countries, taking

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America is now the world’s largest oil producer

Move over Russia and Saudi Arabia. America has reclaimed its throne atop the oil world. For the first time since

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MEST Africa invests US$700k in startups from Kenya, Ghana and Nigeria

The ​Meltwater Entrepreneurial School of Technology (MEST) has announced a funding round of US$700,000 in seven startups formed from its

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