The European Commission has proposed an ambitious plan to raise the European Union’s electrification rate to 46 per cent by 2040, alongside a major overhaul of the European Union Emissions Trading System (EU ETS) backed by more than €100 billion in industrial decarbonisation funding.
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July 17 (Reuters) – Clariant said on Friday it is rejecting a 1.1 billion euro ($1.26 billion) damages claim from Dow Europe filed against four companies for alleged competition law infringement in the ethylene purchasing market.
The 2026 FIFA World Cup is transforming how football fans across Africa experience the world’s biggest sporting event, ushering in a new era of sports broadcasting driven by accessibility, digital innovation, and community engagement.
July 17, 2026 (GLOBE NEWSWIRE) — National shareholder rights firm Hagens Berman is investigating potential violations of U.S. securities laws by blue chip company International Business Machines Corporation (NYSE: IBM) after its CEO Arvind Krishna previewed disastrous Q2 2026 financial results on July 14, 2026
South Africa plans to attract billions of dollars in investment into its specialized industrial hubs by April to help revive a manufacturing sector that’s been in decline for decades.
Aliko Dangote is nearing the completion of a $2.5 billion private share placement for his refinery business, marking a major step toward what could become Africa’s largest initial public offering (IPO).
South Africa has secured a $1.5 billion loan from the World Bank Group to accelerate reforms in electricity, freight transport, water and sanitation, with the programme expected to support nearly 600,000 direct and indirect jobs by 2032 while improving essential infrastructure across the country.
EU member states are on course to raise defence spending to €454 billion in 2026, up from €418 billion in 2025, as governments accelerate military investment in response to the deteriorating security environment and the need to strengthen Europe’s industrial and operational readiness.
Medical experts from Aga Khan University warn that Africa is losing $7 billion (KES 917 billion) annually to medical tourism due to chronic underinvestment in specialist doctors.
Côte d’Ivoire has secured major private sector commitments to support its newly launched National Development Programme (PND 2026-2030), with Africa Global Logistics (AGL) pledging an 800 billion FCFA investment and the Africa Finance Corporation (AFC) pioneering new infrastructure funding models.