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Source channel @devilsbelow · Post #552 · Feb 16

🌐Weekly News Digest [ February 9 – February 15 ] Last week, the mining conference in Cape Town became the first high-level venue to criticize American expansion into Africa - but what else happened? 💡Here are the key highlights: 🇨🇩 DR Congo — South Africa’s Minister of Resources sharply criticizes his Congolese counterpart — Washington urged an Australian mining firm AVZ to sell its major lithium project to a US company 🇱🇾 Libya — Libya’s fails its first oil license auction in 17 years 🇲🇱 Mali — The Malian government establishes a new state-owned mining company — Mali approves a 10-year extension of Canadian gold miner's license 🇳🇪 Niger — Niger’s military repels an attack by MPLJ militants on Chinese oil facilities — Niger is ready to return the uranium confiscated from the French 🇳🇬 Nigeria — Nigerian company loses asset in Equatorial Guinea — Dangote Refinery reaches its design capacity for the first time — US lawmakers introduce a bill claiming that Chinese illegal miners are paying Fulani militant groups 🇿🇦 South Africa — Mining Indaba Conference concludes in Cape Town 🌍 Global — State Department reveals the US strategy for Africa #NewsDigest ➡️ Follow to stay informed - @devilsbelow

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Venture Village Wall 🦄

@venturevillagewall · Post #3438 · 12/19/2024, 07:06 AM

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Major Moves in Tech and AI 🔹Avito acquires two advertising services: AdRiver and Soloway; no deal amount disclosed but estimates range from 0.5-2.5 billion rubles. More on this from RBC. 🔹Perplexity raises $500M at a $9B valuation. The AI startup specializes in delivering prompt answers to users. Previous valuation was at $3B; read more on Bloomberg. 🔹 Formerly known as TuSimple, the self-driving truck company rebrands to CreateAI, focusing on AI for video games after abandoning its trucking ambitions. Article on CNBC. 🔹 Ex-investment director of RUSNANO, Nail Gubaev, under investigation for alleged embezzlement, signs contract with the Ministry of Defense, prompting a suspension of prosecution. Details in Kommersant (link). 🔹 Insights from Smart Ranking show Russia’s medtech market grew 40% in Q3, with companies like Steplife (+258.5%) and Motorika (+190.95%) leading the growth in prosthetics. More info here: Kommersant. 🔹Broadcom reports a 220% revenue rise, solidifying its status as a $1 trillion company amidst soaring chip demand for AI. Read more on Business Insider. #Avito#Advertising#Funding#AI#Perplexity#TuSimple#CreateAI#MedTech#Prosthetics#Broadcom#RevenueGrowth#NVIDIA#Embezzlement#TechNews#Startups#China#MarketTrends#Innovation#Investments#MarketValuation#TechAcquisition