Thursday, January 15

World

Alta Semper Secures USD 57.5 Million from EIB Group and IFC for Growth Fund II to Expand Healthcare Access AcrossAfrica
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Alta Semper Secures USD 57.5 Million from EIB Group and IFC for Growth Fund II to Expand Healthcare Access AcrossAfrica

Alta Semper Capital LLP (“Alta Semper”), a London-based private equity firm focused on healthcare and consumer investments in high-growth markets, today announced that it has secured USD 57.5 million in commitments to Alta Semper Growth Fund II. These commitments come from a consortium of investors including the European Investment Bank (EIB) Group and the International Finance Corporation (IFC). This landmark partnership was signified earlier today with a momentous signing ceremony held at a Government Ministry in Cairo. The EIB Group, comprising the European Investment Bank and the European Investment Fund, has committed USD 37.5 million, while the IFC has committed USD 20.0 million. This milestone marks a significant achievement in the Fund’s fundraising journey and reinfor...
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Zayed Sustainability Prize Honours Global Pioneers Advancing Progress 
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Zayed Sustainability Prize Honours Global Pioneers Advancing Progress 

• US$5.9M awarded to 11 organisations and high schools from the UAE, Brazil, Canada, Nepal, Switzerland, Uganda and across six sustainability categories • From AI-enabled diagnostics to Cooling-as-a-Service, this year’s winners deliver locally adapted innovations that empower millions  • In 18 years, the Prize has scaled solutions reaching more than 411 million people globally The Zayed Sustainability Prize, the UAE’s pioneering award for innovative solutions to global challenges, today announced thecohort of 2026 winners, celebrating 18 years of empowering communities and driving inclusive, sustainable progress around the world. In a ceremony held during Abu Dhabi Sustainability Week (ADSW) and attended by Heads ...
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Jadwa Investment Launches SAR 750m GCC-Focused Private Credit Fund
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Jadwa Investment Launches SAR 750m GCC-Focused Private Credit Fund

Jadwa Investment, a leading investment management and advisory firm in the Middle East, has announced the launch of its flagship private credit fund, Jadwa GCC Diversified Private Credit Fund, with a target size of up to SAR 750m (USD 200m). The fund has successfully completed its first close at over SAR 300m (USD 80m) and has already deployed capital into its first two investments, in partnerships with regional fintech platforms Lendo and JeelPay. Two further investments are expected to close in the first half of 2026. Following the launch of multiple deal-specific private credit funds, Jadwa GCC Diversified Private Credit Fund marks Jadwa’s first blind-pool regional private credit vehicle, offering institutional and private w...
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Royal Decree Establishes the International Financial Centre of Oman
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Royal Decree Establishes the International Financial Centre of Oman

His Majesty Sultan Haitham bin Tarik, may God protect and preserve him, has issued a Royal Decree establishing the International Financial Centre of Oman (IFC Oman) and enacting its own dedicated law. The establishment of the International Financial Centre of Oman aligns with the Sultanate of Oman’s strategic directions aimed at diversifying the national economy, strengthening Oman’s position as a global hub for financial services, attracting capital, and supporting innovation. The creation of the Centre also reflects Oman’s commitment to building a trusted and effective ecosystem for delivering advanced financial services that meet the needs of investors and global institutions. Under the Law of the International Financial Centre of Oman, issued by Royal Decree No. (8/2026), the Cen...
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Uptime Institute Announces Five Data Center Predictions Report for 2026
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Uptime Institute Announces Five Data Center Predictions Report for 2026

As corporate AI moves beyond pilots and experimentation, infrastructure designers and operators face a series of big challenges spanning power, resiliency, sustainability and automation Uptime Institute today announced the release of its Five Data Center Predictions for 2026 looking beyond the more obvious trends of 2026 and examining some of the latest developments and challenges shaping the digital infrastructure industry. The 2026 predictions focus on the continued growth of the industry and related challenges, while also recognizing AI as a powerful, transformative accelerant to growth. While AI is the key driver for a wave of investment that will underpin digital infrastructure for decades to come, the speed and ultimate size of the build-outs are unclear at this time. “Cri...
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German cities hold rallies in solidarity with Iran protesters
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German cities hold rallies in solidarity with Iran protesters

Protesters hold flags and placards during a demonstration to protest the Iranian authorities violent crackdown on nationwide protests and to express solidarity with demonstrators in Iran.Credit: Siavosh Hosseini/SOPA Images via ZUMA Press Wire/dpa The mass anti-government protests in Iran drew demonstrators onto the streets of Berlin and Frankfurt on Saturday. The mass anti-government protests in Iran drew demonstrators onto the streets of Berlin and Frankfurt on Saturday. In Berlin, police said around 1,400 people joined a solidarity march through the city centre, while a further 300 gathered at a nearby square. In Frankfurt, around 1,800 people took to the streets. The rallies reflected the growing international support for the protesters in Iran, where surging inflation and ...
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South Africa’s strained ties with US face new test – war games with China, Iran and Russia
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South Africa’s strained ties with US face new test – war games with China, Iran and Russia

The participation of warships from China, Iran and Russia in military exercises hosted by South Africa could further strain the country's relationship with the US, which are already at an all-time low. A News24 report suggesting South Africa is hoping to persuade Iran to become an observer rather than an active participant points to the sensitivities over how the war games may be viewed by US President Donald Trump. Vessels flying Chinese, Iranian and Russian flags have been seen sailing into South Africa's main naval base in Simon's Town on the Cape Peninsula in recent days. The week-long drill got under way on Friday. It is being led by China - and involves other members from an alliance of major developing countries, which when it was launched in 2006 was known as Bric. ...
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US halts assistance to Somalia over claims food aid was illegally seized
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US halts assistance to Somalia over claims food aid was illegally seized

It is estimated that more than four million Somalis are facing crisis levels of hunger The US has suspended all assistance to the government of Somalia, alleging that officials destroyed a UN World Food Programme (WFP) warehouse and seized "donor-funded food aid". "The Trump administration has a zero-tolerance policy for waste, theft, and diversion of life-saving assistance," said a US state department statement on X. The message, posted on the account of the under secretary for foreign assistance, said reports had been received about officials illegally seizing 76 tonnes of food intended for "vulnerable Somalis". Somali has denied the allegations, saying that the expansion work under way in the Mogadishu port, where the warehouse is located, had not affected any aid stora...
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Nigerian author Chimamanda Ngozi Adichyie ‘devastated’ by death of young son
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Nigerian author Chimamanda Ngozi Adichyie ‘devastated’ by death of young son

One of Nigerian author Chimamanda Ngozi Adichie's toddler twins has died, her family has confirmed. An official family statement said that 21-month-old boy Nkanu Nnamdi, who the novelist had with her husband Dr Ivara Esege, died on Wednesday after a brief illness. Issued on behalf of the family by Omawumi Ogbe, the statement said they were "devastated by this profound loss", and thanked well-wishers while also asking for privacy and prayers. Award-winning US-based writer Adichie is known for works including Half of a Yellow Sun, Americanah and her 2012 Ted Talk and essay We Should All Be Feminists, which was sampled by Beyoncé on her 2013 song Flawless A key figure in postcolonial feminist literature, her work explores themes around gender and immigration. In 2015, she was l...
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GEOLOG Acquires Quad Ltd and QO Inc. to Enhance Global Wellsite Geology and Pore Pressure Services.
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GEOLOG Acquires Quad Ltd and QO Inc. to Enhance Global Wellsite Geology and Pore Pressure Services.

Strategic acquisition deepens GEOLOG’s technical expertise and broadens service delivery worldwide. GEOLOG International B.V. (“GEOLOG” or the “Company”), a leading independent provider of wellsite geosciences, drilling solutions and surface logging services to the energy industry, today announced the successful acquisition of Quad Ltd and QO Inc. (together, “Quad”). Quad is a long-standing provider of wellsite and operations geologists, along with advanced pore pressure and fracture gradient analysis services. This strategic bolt-on acquisition significantly enhances GEOLOG’s portfolio of advanced subsurface and drilling support services and solidifies its operational presence globally. GEOLOG and Quad have a history of successful collaboration on numerous international proj...
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