Category: Semafor

The News Africa’s dealmakers are betting that the continent’s capital markets are entering a new phase, with a burst of IPO and M&A activity kicking off with Aliko Dangote’s anticipated $5 billion listing of his refinery on the Nigerian Exchange. “The Dangote IPO has got everyone very excited,” Yemisi Deji-Bejide, ...

The News The Democratic Alliance promised an end to political appointments in public administration as the second-largest party in South Africa’s ruling coalition aims to capture the country’s economic heartland in upcoming local government elections. The polls represent the first major electoral test for Cape Town Mayor Geordin Hill-Lewis, who ...

President Donald Trump is struggling to find a way out of the conflict with Iran, as voters lose patience with the war and weapons stockpiles dwindle. The path forward remains unclear, even as Trump has privately weighed dropping his long-held requirement for a nuclear deal. Washington is unlikely to accept ...

Senate Republicans put off the most challenging part of President Donald Trump’s agenda until mid-September — just ahead of the midterms, when legislating becomes increasingly difficult. Nevertheless, that’s when Senate Majority Leader John Thune will try to consider bipartisan bills on cryptocurrency regulation and college sports, and possibly take the ...

The Supreme Court left the door open in June for President Donald Trump to relitigate his case against Federal Reserve Governor Lisa Cook. Now, his administration is choosing to walk through it. In a letter reported first by ABC News, White House deputy chief of staff Dan Scavino gave Cook ...

Apple is testing memory chips from China’s CXMT across its product lines, including iPhones and MacBooks, The Wall Street Journal reported, as global tech reckons with an AI-induced memory shortage. The firm is reportedly seeking the White House’s approval to use CXMT chips in products sold in China, two months ...

The US Senate confirmed Todd Blanche as attorney general Saturday, granting Donald Trump an ally to lead the Justice Department as the president seeks greater control over the federal government. Blanche, Trump’s former personal attorney, has served as acting attorney general since April, but senators had questioned whether his ties ...

US President Donald Trump’s efforts to quiet two Middle Eastern conflicts faced setbacks over the weekend as both Israel and Iran raised new obstacles to proposed deals. Israel publicly rejected Trump’s 15-point Gaza plan Sunday, arguing it would not withdraw from the enclave before Hamas disarms. Iran said that a ...

A surge in AI-related wealth stemming from anticipated tech IPOs is poised to shower Silicon Valley’s favorite philanthropic movement with tens of billions of dollars, years after it was nearly discredited. Effective altruism holds that individuals should “earn to give,” focusing on data-backed interventions that perform the most good per ...

The News Spotify is terrifying much of the podcast industry with a tiny little widget. Last week, the audio streaming giant tweaked its streaming interface, adding a feature that allows some users to more effectively skip through the parts of a podcast no one wants — notably ads, as well as ...