By the AFREEQUE newsroom, based on Le Monde
Elon Musk is preparing to merge SpaceX and Tesla, two companies active in electric cars, space and artificial intelligence. The move could create one of the world’s most valuable companies, amid projects requiring substantial investment, Le Monde reports.
Summary produced with the help of artificial intelligence tools, under AFREEQUE’s editorial responsibility.
The boards of SpaceX and Tesla have each formed an independent committee to consider a possible merger between the two companies. The move follows a request from shareholders, Elon Musk said, adding that he is not taking part in the discussions because of his interests in both companies, according to TechCrunch.
🌍 World · Source: Techcrunch ·
Artificial intelligence could affect 40% of jobs worldwide, with particularly significant consequences for emerging and low-income economies. At the IMF and World Bank annual meetings in Bangkok, Kristalina Georgieva called for investment in electricity and digital infrastructure, Pmnewsnigeria reports.
🌍 World · Source: Pmnewsnigeria ·
SpaceX posted net profit of $4.4 billion in the third quarter, compared with a loss of $1.1 billion a year earlier, while revenue rose 161% to $14.6 billion. Growth in its artificial intelligence business, driven by cloud services, contributed to the performance, according to the company’s financial results.
🌍 World · Source: Punch ·
Guinean Prime Minister Amadou Oury Bah opened the fifth edition of the United Kingdom–French-speaking West and Central Africa Forum in Conakry, dedicated to trade and investment. Over two days, participants are expected to examine projects in energy, infrastructure, agriculture and training, according to Africaguinée.
🇬🇳 Guinea · Source: Africaguinée ·
ECA and Comesa back circular economy to industrialise AfricaThe Economic Commission for Africa and Comesa are promoting the circular economy to accelerate industrialisation and develop regional value chains in leather, textiles, plastics and electronic waste. Participants meeting in Harare also discussed investment and jobs, according to the Economic Commission for Africa.The week in Africa
Be the first to get our letter in English: the essentials from every region of the continent, free.
