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Data Centers · LagosIsraeli contract chipmaker Tower Semiconductor on Monday forecast fourth-quarter revenue above estimates, banking on strong demand for its chips used in data centers and AI infrastructure, sending its U.S.-listed shares up 15 per cent.The shares hit their highest in more than two decades following thSee the Story
Tower Semiconductor Posts Upbeat Revenue Forecasts on Data-Center Boom, Shares Rise
67% Center coverage: 3 sources
BusinessKigali, Rwanda, 10 November 2025: The Fund for Export Development in Africa (FEDA), the development equity impact investment arm of African Export-Import Bank (Afreximbank), has announced a $75 million investment in Spiro, the leading electric two-wheel assembler in Africa with the fastest growing battery swapping infrastructure. This investment is fully aligned with Afreximbank's broader automotive strategy, to develop integrated manufacturing …See the Story
FEDA Announces Strategic Investment in Spiro to Accelerate Africa's Electric Mobility Transition
100% Center coverage: 2 sources
Finance · NigeriaYC-backed fintech Moni has officially rebranded as Rank, changing its strategy and vision. The Lagos-based startup has moved beyond its roots in community lending to build a regulated financial ecosystem that connects Africa’s informal savings culture with formal banking infrastructure. The rebrand comes with two key acquisitions, AjoMoney, a digital group-savings platform, and Zazzau Microfinance Bank, which now operates as Rank Microfinance B…See the Story
