2026 – Page 14 – Billionaire Room

Canadian Billionaire Stephen Smith Acquires 26.9% Stake in The Economist Group, Marking First Ownership Shift in a Decade

Canadian billionaire financier Stephen Smith has acquired a 26.9% stake in The Economist Group, marking the most significant ownership change at the global media institution in more than a decade.…

Alexander Voss March 17, 2026

Tech & Innovation

NVIDIA Launches Vera Rubin AI Computing Platform With Seven New Chips to Power Next-Generation AI Factories

NVIDIA unveiled a new generation of AI computing infrastructure on 16 March 2026, introducing the Vera Rubin platform, a high-performance system architecture designed to power the world’s largest artificial intelligence…

Ethan Park March 17, 2026

Opportunities

Development Bank of Southern Africa Issues RFP 034/2026 for Legal Transaction Advisor for Gas IPP Procurement Programme Bid Windows 1 and 2

The Development Bank of Southern Africa (DBSA) has issued RFP 034/2026, inviting qualified legal advisory firms to submit proposals to serve as Legal Transaction Advisor for the Gas Independent Power…

Michael Adeyemi March 15, 2026

Op-Ed & Analysis

South Korea’s $350 Billion U.S. Investment Bill Signals the Next Phase of Supply-Chain Geopolitics

A New Industrial Alliance Between Washington and Seoul On 12 March 2026, South Korea’s National Assembly passed a bipartisan bill enabling a $350 billion investment commitment in strategic industries in…

Dr. Sofia Alvarez March 14, 2026

Global Affairs

Venezuela and Colombia Hold First High-Level Bilateral Talks After Maduro’s Ouster, Target Energy and Border Trade Revival

Senior officials from the governments of Venezuela and Colombia met in Caracas this week for their first high-level bilateral talks since the political transition in Venezuela, signaling an effort by…

Jonathan Reed March 14, 2026

Markets & Economy

US Consumer Sentiment Falls to 55.5 as Energy Prices Surge Above $3.63 per Gallon, Raising New Inflation Concerns

Energy Shock Begins to Hit Consumer Confidence U.S. consumer sentiment declined in early March 2026, highlighting the first measurable economic impact of rising energy prices triggered by escalating geopolitical tensions…

Marcus Leighton March 13, 2026

Industry Sectors

Scatec JV Lyra Energy Reaches Financial Close and Begins Construction of 255 MW Thakadu Solar Power Plant in South Africa

Large-Scale Private Solar Project Moves Into Construction Phase Norwegian renewable energy company Scatec, through its joint venture Lyra Energy, has reached financial close and officially begun construction of the 255-megawatt…

Thabo Khumalo March 13, 2026

Food

Brazil’s Frigol Targets 60% Beef Output Expansion Through New Slaughterhouse Partnerships in Rondônia

Brazilian beef processor Frigol has announced a major capacity expansion strategy aimed at increasing its annual beef production by 60% in 2026, leveraging new operational partnerships with regional slaughterhouses in…

Isabella Conti March 13, 2026

Finance

World Bank Approves $350 Million Financing to Unlock Up to $10 Billion in South Africa Infrastructure Investment

The World Bank has approved $350 million in financing for South Africa to establish a credit-guarantee facility designed to unlock billions of dollars in private infrastructure investment, according to an…

Daniel Rothman March 12, 2026

Compliance & Legal

SARS Activates OECD Crypto-Asset Reporting Framework on 1 March 2026, Expanding Global Tax Transparency for Digital Assets

South Africa has formally implemented the Crypto-Asset Reporting Framework (CARF), a global tax transparency standard developed by the Organisation for Economic Co-operation and Development (OECD), marking a major shift in…

Naledi Mokoena March 11, 2026