Richard Parker, Mayor of the West Midlands,launched a new £3.8bn ‘war chest’ investment fund aimed at speeding up regeneration, building more affordable homes, and creating jobs across the region. The new West Midlands Futures Fund brings together money and backing from major public organisations, including the West Midlands Combined Authority, the West Midlands Pension Fund,…
A major £20 million investment has been announced by Richard Parker to support the large-scale regeneration of Solihull’s Holbeche Place, formerly known as Mell Square, in a landmark move aimed at revitalising town and city centres across the West Midlands. The funding will help unlock the delivery of a major mixed-use redevelopment that will bring…
The United Kingdom’s ambitious effort to develop a next-generation combat aircraft alongside Japan and Italy is entering a critical phase, with mounting questions over timelines, funding commitments, and the future direction of one of the world’s most significant defence collaborations. The Global Combat Air Programme (GCAP), launched in 2022, aims to deliver a sixth-generation fighter…
The African Development Bank (AfDB) has placed the question of development financing at the centre of continental debate, as leaders gathered at its summit in the Republic of the Congo to confront a widening funding gap threatening infrastructure, energy expansion, and climate resilience projects across Africa. Against a backdrop of shrinking global aid and tightening…
Ghana ranks as Africa’s fourth most indebted country to the IMF, owing over $3.6 billion in outstanding obligations, according to the latest IMF data released in May 2026. Ghana has emerged as the fourth most indebted African country to the International Monetary Fund (IMF), with outstanding obligations to the Bretton Woods institution standing at 2.72 billion…
The creation of the Birmingham East Mayoral Development Corporation is expected to accelerate a major wave of regeneration and investment, with plans to unlock up to £11 billion in development across the eastern corridor of the city. The new development corporation is being positioned as a strategic delivery vehicle to coordinate large-scale housing, infrastructure, and…
Emilian Popa runs a healthtech company that does not behave like one. While investors spent years debating whether African healthtech could scale sustainably, Ilara Health concentrated on a narrower and more practical problem: small private clinics lack diagnostic equipment because they cannot afford to finance it. The company’s response has been straightforward. It supplies clinics…
Japan has stepped up its economic and diplomatic engagement across Africa, with a senior Tokyo envoy concluding a multi-country tour that placed Angola’s oil and mineral wealth at the centre of renewed interest in securing long-term resource partnerships. The visit, led by a top Japanese foreign ministry official, included stops in Angola, Kenya, Zambia and…
For millions of households across the United Kingdom, utility bills have become one of the biggest financial burdens of daily life. From gas and electricity to water and broadband, the cost of keeping homes running continues to outpace the comfort many families once took for granted. According to Ofgem, the UK energy price cap for…
A new generation of African digital creators is rapidly reshaping the continent’s media economy, changing how millions of young Africans consume news, engage in politics, influence culture, and drive business trends. Across countries such as Nigeria, Kenya, and South Africa, platforms like TikTok, Instagram, and YouTube are increasingly replacing traditional television, newspapers, and radio as…
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