Multiple injuries expected following explosion of fuel truck near Uganda’s capital

Multiple injuries expected following explosion of fuel truck near Uganda’s capital

KAMPALA, Uganda (AP) — A Ugandan police spokesman says several people might be dead after a fuel truck exploded next to a highway in the East African country. Patrick Onyango said the truck had overturned after an accident and later exploded in a town just outside Kampala, the capital. A video shared online by an … Read more

Nigerian banks rush to increase capital following directive to strengthen balance sheets

Nigerian banks rush to increase capital following directive to strengthen balance sheets

Nigerian banks are rushing to secure new sources of capital following an order from the country’s central bank to bolster their balance sheets in order to safeguard themselves against the deteriorating economic conditions in the country. The Central Bank of Nigeria, which oversees the country’s 25 commercial banks, has set a deadline of March 2026 … Read more

ThreeD Capital Inc. Sells Off Birchtree Investments Ltd. Securities

ThreeD Capital Inc. Sells Off Birchtree Investments Ltd. Securities

TORONTO, Oct. 18, 2024 (GLOBE NEWSWIRE) — ThreeD Capital Inc. (ThreeD) (CSE:IDK / OTCQX:IDKFF) a Canadian based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, announces that through a series of transactions on October 11, 2024 (the Dispositions), ThreeD disposed of ownership and control of an … Read more