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World Bank Approves $1.5B Loan to Reboot South Africa’s Infrastructure and Economy

A $1.5 billion loan has been authorised by the World Bank for South Africa to promote a green energy transition and enhance its transport infrastructu

A $1.5 billion loan has been authorised by the World Bank for South Africa to promote a green energy transition and enhance its transport infrastructure. Due to inefficiencies and blackouts, vital industries including freight trains, ports, and electricity systems have long impeded economic progress. These sectors are the focus of the investment. The loan has advantageous terms that lower debtservicing expenses, such as a threeyear grace period. Amidst high unemployment and weak GDP estimates reduced to 1.4% for 2025, the South African government views this as a step towards inclusive growth and job creation. In line with a larger R1 trillion infrastructure plan, the investment shows the nations determination to combat corruption, enhance essential services, and stabilise its economy. Read More..

B2B Tech News | 10 days ago        

Ghana Approves $2.8B Debt Deal With 25 Nations to Unlock IMF Bailout Funds

In order to support its IMF bailout program and stabilise its economy, Ghanas parliament has passed a $2.8 billion debt restructuring agreement with 2

In order to support its IMF bailout program and stabilise its economy, Ghanas parliament has passed a $2.8 billion debt restructuring agreement with 25 creditor countries, including China, France, the United States, and the United Kingdom. The G20 Common Framework agreement postpones debt service payments that were due in December 2022 to December 2026, with repayments taking place in 2039–2023. Ghana has belowmarket borrowing costs thanks to interest rates that were set between 1% and 3%. The agreement comes after Ghana defaulted in 2022 and an IMF bailout of $3 billion was authorised in 2023. The measure was unanimously supported by lawmakers, who hailed it as essential to reestablishing macroeconomic stability. Afreximbank and other commercial creditors are continuing to work with Ghana in order to complete the larger restructuring process. Read More..

B2B Tech News | 10 days ago        

Microsoft, OpenAI Clash Over AGI Clause as $10B Partnership Faces Strain

According to reports, Microsoft and OpenAI are at odds over a provision related to the development of artificial general intelligence AGI. The Informa

According to reports, Microsoft and OpenAI are at odds over a provision related to the development of artificial general intelligence AGI. The Information reports that OpenAIs agreement permits it to deny Microsoft access to its models in the event that it announces the achievement of artificial general intelligence AGI, a clause that Microsoft wishes to be eliminated. Microsoft views this clause as a threat to its strategic interests, having invested over $10 billion and incorporated OpenAIs technology into Office and Azure products. In the meantime, OpenAI is having trouble becoming a publicbenefit corporation, which calls for Microsofts approval. Both businesses openly uphold their "longterm, productive partnership" in spite of the impasse. As both businesses compete to dominate the next stage of AI development, the issue indicates rising commercial conflict. Read More..

B2B Tech News | 10 days ago        

UAE–India CEPA Council Launches Startup Series to Boost CrossBorder Innovation

The UAEIndia Startup Series was introduced in New Delhi by the UAE–India CEPA Council to encourage crossborder innovation and aid in the internation

The UAEIndia Startup Series was introduced in New Delhi by the UAE–India CEPA Council to encourage crossborder innovation and aid in the international growth of Indian startups. Supported by the UAE Embassy in India, the project carries out a significant obligation under the Comprehensive Economic Partnership Agreement CEPA. A UAE softlanding package including incubation, coaching, and investor access would be given to five chosen startups. Startups are essential to the bilateral economic corridor, UAE Ambassador Dr. Abdulnasser Alshaali said, underscoring the UAEs dedication to entrepreneurship. In FY 2023–24, bilateral trade reached $83.64 billion, and UAE foreign direct investment into India tripled annually. MOUs with organisations including PRIME Meghalaya, Jamia Hamdard, and O.P. Jindal Global University were also announced at the launch. Read More..

B2B Tech News | 10 days ago        

Nvidia Surges to $3.76 Trillion Valuation, Reclaims World’s Most Valuable Company Title

With a market valuation of $3.76 trillion, Nvidia surpassed Microsoft to regain its position as the most valuable business in the world. Its shares su

With a market valuation of $3.76 trillion, Nvidia surpassed Microsoft to regain its position as the most valuable business in the world. Its shares surged more than 4% to a record $154.10. Loop Capitals optimistic upgrade, which raised Nvidias price target from $175 to $250 and referenced a "Golden Wave" of adoption of generative AI, preceded the rally. Strongerthanexpected demand for Nvidias AI chips, which puts the business at the vanguard of the upcoming innovation cycle, was noted by analyst Ananda Baruah. In 2025, the S&P 500 tech index as a whole also reached a record high, rising by almost 6%. Nvidia is trading at 30 times forward earnings, below its fiveyear average, despite its explosive growth, indicating more upside potential as AI momentum picks up speed. Read More..

B2B Tech News | 10 days ago        

WhatsApp Rolls Out AI Message Summaries With PrivacyPreserving Tech

WhatsApp has introduced AIpowered Message Summaries, which use Meta AI to distil unread messages into brief bullet points. In both group and individua

WhatsApp has introduced AIpowered Message Summaries, which use Meta AI to distil unread messages into brief bullet points. In both group and individual chats, the tool enables users to swiftly catch up on missed talks. It is presently only available in English in the United States, is optional, and is turned off by default. The user alone can see the summaries, which are created with Private Processing, a privacypreserving solution based on a Trusted Execution Environment TEE. This guarantees that messages and summaries are not accessible to WhatsApp or Meta. Through Advanced Chat Privacy settings, users can choose to enable the feature. The launch is in line with Metas goal of incorporating AI into commonplace apps while upholding robust privacy protections. Read More..

B2B Tech News | 10 days ago        

FileFix Exploit Uses Windows File Explorer to Execute Malicious Commands

FileFix is a new social engineering threat that targets Windows users by taking advantage of the address bar in File Explorer. A variation of the Clic

FileFix is a new social engineering threat that targets Windows users by taking advantage of the address bar in File Explorer. A variation of the ClickFix exploit, which deceived users into pasting malicious commands into PowerShell, FileFix was developed by researcher mr.d0x. Instead, FileFix tricks users into pasting a path into File Explorer by posing as a file location, which launches malicious code. Because it uses a reputable Windows interface, which reduces user suspicion, this technique is risky. The assault still presents a significant risk, even though Google Safe Browsing and Microsoft Defender SmartScreen may identify some payloads. Experts advise users to be wary of unusual popups or file requests and to refrain from pasting unknown paths. Read More..

B2B Tech News | 10 days ago        

Grok to Gain File Editor With Spreadsheet Support, Leaked Screenshots Reveal

Elon Musks xAI is apparently working on a Grok file editing function that will support spreadsheets and provide realtime AI support. A Grok side panel

Elon Musks xAI is apparently working on a Grok file editing function that will support spreadsheets and provide realtime AI support. A Grok side panel integrated in a spreadsheet enables users to speak with Grok while modifying papers, according to leaked photos supplied by app researcher Nima Owji. With the future Grok 3.5 model, the feature might make its debut and allow voice commands. This action puts Grok in a competitive position to take on productivity solutions like Google, Microsoft, and OpenAI however, specifics regarding additional file types are still unknown. If verified, Grok would make significant progress as it has only lately introduced web search, computer vision, and multilingual audio. Read More..

B2B Tech News | 10 days ago        

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1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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4.  Since the launch of the popular mobile game, Candy Crush, in 2012, players have spent a total of 73 billion hours (equivalent to 8.3 million years) playing this game.
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5.  Approximately 8 billion gadgets connect on the internet every day.
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