Author: Charlotte

Africa’s next wave of infrastructure investment will be led by energy, transport, and logistics, as governments and private investors shift focus to sectors capable of unlocking industrialisation, boosting intra-African trade, and supporting manufacturing, according to Bowale Odumade, founder and chief executive officer of SeedTree Capital. In an exclusive interview with BusinessDay, Odumade said reliable electricity remains the continent’s most urgent infrastructure priority, warning that Africa’s ambitions for economic transformation will remain constrained unless power deficits are addressed. “Energy comes first,” Odumade said. “Nearly half of Africans lack reliable electricity, and without it, everything else becomes more difficult and more expensive.”…

Stablecoins lose $12B in two months; Tether hol… Pluang Source link

Deep Finance Capital has launched in the Dubai International Financial Centre (DIFC), positioning itself as the emirate’s first AI-native asset manager. The DFSA-regulated firm will serve institutional and professional investors across real estate, private equity, commodities and special situations. Deep Finance Capital emerged from Rasameel Investment House Ltd. and is based at Emirates Financial Towers in the DIFC. At the heart of the business is NEXT, an artificial intelligence platform developed by its wholly owned technology subsidiary, Deep Finance Analytics. The company said the system is used across the investment process, from sourcing deals and carrying out due diligence to…

Despite the complex international climate, China’s economy has remained stable in the first half of the year, with new growth drivers gaining strength and momentum for high-quality development continuing to build. This assessment, reached by experts and entrepreneurs at a symposium convened by Chinese Premier Li Qiang on Monday, sends a message of confidence and a commitment to steady progress.The meeting took place just before the due release of the country’s second-quarter GDP data on Wednesday. China’s economy grew by 5 percent in the first quarter, and analysts believe China is well on track to achieve its full-year growth target…

Fees Will NOT Increase If Proposal Is Approved Terminated Sub-Adviser Octagon’s “Proven Investment Team” Responsible for -54% NAV Erosion at XFLT and Seven CLO Defaults Across Its Own Portfolio XFLT Asks Shareholders to Vote on the WHITE Proxy Card “FOR” the King Street Sub-Advisory Agreement at Special Meeting on July 30, 2026 CHICAGO, July 18, 2026 (GLOBE NEWSWIRE) — XA Investments LLC (“XAI”), manager of XAI Floating Rate & Alternative Income Trust (XFLT) (the “Fund”), responded to misleading claims regarding the approval of a new investment sub-advisory agreement among the Fund, XAI and Rockford Tower Asset Management, L.L.C. (the “King…

When XRP (CRYPTO:XRP) ETFs launched in November 2025, money poured in, with $667 million in the first month alone. But eight months on, the inflows have almost completely stopped, with just $4 million coming in so far this month. The drop in inflows has been happening steadily since the turn of the year. Monthly inflows have fallen from hundreds of millions at the start to just a few million now, and this July, there have been many days with either zero inflows or outflows. The slowdown raises a big question about whether demand for XRP ETFs has dried up for…

ICICI Prudential Regular Savings Fund, a conservative hybrid fund, has consistently outperformed its peers by generating debt-plus returns over the years. Its strategy of combining a large-cap-oriented equity portfolio with a high-yield debt portfolio has enabled it to earn superior risk-adjusted returns.Over the past 10 years, the fund has posted a compounded annual growth rate (CAGR) of 9 per cent, comfortably ahead of the category average of 7.3 per cent.Conservative hybrid funds are meant for low- to moderate-risk investors seeking limited equity exposure. These funds typically invest 75-90 per cent of their corpus in debt and 10-25 per cent in…

The Israel Innovation Authority (IIA) announced on Sunday a new fund to support research and development of marine-focused energy solutions, with an initial NIS 6 million invested in what the IIA calls “Blue-Tech Energies.”The investment was made by the IIA in colaboration with the Energy and Infrastructure Ministry in a push to “promote a new generation of Israeli innovations in renewable energy technologies for the marine environment,” the statement by the IIA said.The objective is to invest in projects focused on offshore renewable energy generation and artificial intelligence-powered marine energy management systems.The initiative consists of NIS 6 million in investments,…

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inboxGet our free Inside Washington emailGet our free Inside Washington emailPresident Donald Trump received some rosy news on Friday morning when the Bureau of Labor Statistics released its report showing that the U.S. economy added 177,000 jobs in April. This came the month that Trump announced his “liberation day” tariffs, which he eventually paused while still keeping an across-the-board 10 percent tariff and a whopping overall 145 percent tariff on China.Not surprisingly, the president took the moment to gloat. “Gasoline just broke $1.98…

Kylian Mbappe put two past the keeper in a World Cup 2026 knockout stage match, extending his remarkable tournament goal tally to 19 across his World Cup career. That’s the sports headline. Here’s the crypto headline: Solana meme tokens bearing his name immediately went haywire. Look, we’ve seen this movie before. An elite athlete does something spectacular on the world stage, and within minutes, degens on Solana are trading tokens named after the moment. This time it’s $MBAPPE and $MBAPEPE, two unauthorized tokens that have seen trading volume spikes tracking almost perfectly with the French forward’s goal output during the…