Commonwealth News
Zambia signs $1.1 Billion deal to build major oil refinery in Copperbelt
Zambia announced plans for a major crude oil refinery in Ndola, a $1.1 billion project aimed at achieving energy independence for the landlocked nation. The Copperbelt province facility will process 60,000 barrels daily, sufficient to meet Zambia's domestic fuel needs...
AfriLabs and ATU to unite digital innovation hubs across Africa
AfriLabs and the African Telecommunications Union (ATU) announced a landmark partnership aimed at bridging Africa's digital divide and fostering technological innovation across the continent. The Memorandum of Understanding (MoU) connects ATU's 52 member states with...
Stablecoins Trump signs first major crypto bill into law
US President Donald Trump has signed the GENIUS Act, the first major federal law regulating cryptocurrency in the United States, signalling a significant shift in national policy and reinforcing his administration's support for the digital currency sector. The law...
Citi eyes stablecoin launch as it predicts $3.7T market by 2030
Citigroup CEO Jane Fraser announced the bank is exploring the development of its stablecoin and expanding into tokenised deposits, marking a significant move into digital assets by one of the world's largest financial institutions. The bank's research arm, Citi...
CARICOM Day
The establishment of CARICOM was a landmark achievement for the Caribbean nations, as it aimed to promote economic integration, cooperation, and the shared development of its member states. CARICOM Day serves as a public holiday in Guyana and is recognized in several...
Stocks edge up to record, gilt yields surge on finance minister uncertainty
Global stocks gained on Wednesday following a surprisingly soft reading on the U.S. labour market, which fueled hopes of a potential pivot by the Federal Reserve. The ADP National Employment Report showed private payrolls dropped by 33,000 jobs in June, well below the...