Impact Newswire

Europe’s Latest Initiative Will Mobilise $94 Billion For Tech Scaleups The European Investment Bank (EIB) and the governments of all 27 European Union member states have launched the second phase of a technology investment initiative aimed at mobilising up to 80 billion euros ($94 billion) for high-growth European technology companies.... https://impactnews-wire.com/europes-latest-initiative-will-mobilise-94-billion-for-tech-scaleups/

South Africa Plans Biggest Oil Reserve Since Apartheid South Africa has unveiled plans to build a strategic oil reserve of 36 million barrels, its largest fuel stockpile since the apartheid era.... https://impactnews-wire.com/south-africa-plans-biggest-oil-reserve-since-apartheid/

INTERVIEW: Why Are Kenyan Consumers Shopping More But Buying Less? In this interview with Impact Newswire, Osato Igbinadolor, Country Manager for East Africa at Worldpanel by Numerator, explains why Kenyan consumers are shopping more often but buying less, how years of economic uncertainty have reshaped household spending habits, and why retailers and consumer goods companies can no longer rely on traditional assumptions about demand, loyalty and promotional cycles.... https://impactnews-wire.com/interview-why-are-kenyan-consumers-shopping-more-but-buying-less/

Why Is Chile’s Copper Output Falling So Sharply in 2026? Chile has long been the foundation of the global copper market, supplying roughly one in every four tons of copper mined worldwide.... https://impactnews-wire.com/why-is-chiles-copper-output-falling-so-sharply-in-2026/

OPINION: Carbon Credits Are Only as Credible as the Data Behind Them Clean cooking carbon credit projects address one of the most persistent energy challenges in the world. According to the World Health Organisation, over 2.1 billion people globally use polluting fuels and technologies for cooking, putting their health and well-being at risk.... https://impactnews-wire.com/opinion-carbon-credits-are-only-as-credible-as-the-data-behind-them/

China is Betting on Brain Wearables, the US on Implants. Who Wins? While American brain-computer interface companies such as Neuralink are betting that the future lies beneath the skull, China is pursuing the opposite strategy: make neurotechnology wearable, affordable and ubiquitous.... https://impactnews-wire.com/china-is-betting-on-brain-wearables-the-us-on-implants-who-wins/

Why Has Google’s Kenya Shilling/USD Chart Shown A Fake Rally In The Past Month? A week-by-week look at four Saturdays in June and July shows the same story every time: Kenya's currency market is shut, and the chart still finds a number to plot.... https://impactnews-wire.com/why-has-googles-kenya-shilling-usd-chart-shown-a-fake-rally-in-the-past-month/

Vivo Deal Signals New Era for India Smartphone Manufacturing India's smartphone manufacturing industry is entering a new phase after the government approved a joint venture between Chinese smartphone maker Vivo and local electronics manufacturer Dixon Technologies.... https://impactnews-wire.com/vivo-deal-signals-new-era-for-india-smartphone-manufacturing/

Jumia Revenue Climbs as Losses Continue to Narrow Jumia reported stronger second-quarter earnings as revenue rose 25% year over year to $45.6 million, driven by robust growth in Nigeria and improving operating performance across regions.... https://impactnews-wire.com/jumia-revenue-climbs-as-losses-continue-to-narrow/

Why Did the Bank of China Hold Back $335 Million in Taxes? China's National Audit Office says state-owned lender Bank of China underpaid about 2.4 billion yuan ($335 million) in taxes, according to a report, underscoring Beijing's tighter scrutiny of tax compliance as slowing economic growth pressures government finances.... https://impactnews-wire.com/why-did-the-bank-of-china-hold-back-335-million-in-taxes/

OpenAI Unveils GPT 56, Strengthens Microsoft Partnership OpenAI has launched GPT-5.6, its newest family of artificial intelligence models, while reaffirming that the technology will remain the preferred model powering Microsoft 365 Copilot.... https://impactnews-wire.com/openai-unveils-gpt-56-strengthens-microsoft-partnership/

Stablecoin Firm Circle Has Been Approved to Operate as a Bank Stablecoin issuer Circle's shares rose more than 7% on Friday after the U.S. Office of the Comptroller of the Currency (OCC) approved the company to operate a national trust bank, allowing it to manage reserves backing its regulated stablecoins directly.... https://impactnews-wire.com/stablecoin-firm-circle-has-been-approved-to-operate-as-a-bank/

POS Overtake ATMs as Nigerians Shift Cash Habits Point-of-sale (POS) terminals have overtaken automated teller machines (ATMs) as Nigerians' preferred channel for accessing cash, with transactions surging to record levels as consumers increasingly rely on neighbourhood agents rather than bank branches or ATMs.... https://impactnews-wire.com/pos-overtake-atms-as-nigerians-shift-cash-habits/

Truecaller Challenges India Anti Spam Caller Rules Truecaller has publicly challenged India's telecom regulator over new anti-spam rules, warning that the measures are making it harder to protect consumers from fraudulent and unwanted calls in the company's largest market.... https://impactnews-wire.com/truecaller-challenges-india-anti-spam-caller-rules/

DeepSeek’s Chip Push Shows AI Freedom is Ending DeepSeek's decision to design its own AI chip places the Chinese startup alongside Amazon, Google, OpenAI, Huawei, Alibaba and Baidu in a growing race to own every layer of the AI stack, from silicon and compute infrastructure to the models themselves.... https://impactnews-wire.com/deepseeks-chip-push-shows-ai-freedom-is-ending/

Safaricom Investors to Vote on Whether Vodafone Can Now Appoint CEO Safaricom shareholders will vote later this month on whether to grant Vodafone Kenya the right to nominate the telecom giant's next Chief Executive Officer.... https://impactnews-wire.com/safaricom-investors-to-vote-on-whether-vodafone-can-now-appoint-ceo/

Tanzania Central Bank Builds Gold Reserves to Strengthen Shilling Tanzania's central bank has accumulated about 28 metric tonnes of gold over the past 18 months as part of a strategy to strengthen the country's foreign exchange reserves, support the shilling and reduce its vulnerability to external economic shocks.... https://impactnews-wire.com/tanzania-central-bank-builds-gold-reserves-to-strengthen-shilling/