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Ethiopia has launched a new legal framework for small-scale border trade with Kenya, giving licensed traders simplified customs access while improving compliance, reducing contraband, and supporting livelihoods. The initiative could become a model for regional trade across Africa.
Kenya has secured Dangote Group's proposed 700,000-barrel-per-day oil refinery, positioning the country as East Africa's leading energy hub. The landmark investment is expected to create thousands of jobs, strengthen regional energy security, reduce fuel imports, and drive industrial growth.
Google and Novastar Ventures have launched the Applied AI Lab for Africa to help startups build impactful AI solutions. The programme offers access to advanced AI models, expert mentorship, Cloud credits, and funding opportunities, empowering innovators to solve real-world challenges.
Google and the Elba Hope Foundation are investing $1 million to give 100,000 creators across five African countries free access to Google Gemini and AI tools. The initiative removes technology barriers, empowers creativity, and helps African talent compete on the global stage.
OKX has launched OKX AI, a marketplace where AI agents can hire, pay, and collaborate with one another using stablecoins. The platform aims to power an emerging "agent economy," marking a new step toward autonomous AI-driven commerce despite ongoing regulatory and trust challenges.
Apple has raised prices on some products, citing soaring chip costs and AI-driven demand. The move has sparked debate among customers over the rising cost of technology, while highlighting broader industry challenges. Competition and innovation may still deliver greater value in the future.
