The Middle East and North Africa's venture capital market is moving at two speeds. A report from Magnitt finds mega-rounds have raised $1.5 billion so far this year. But those deals mask a contraction in deal activity across the broader startup ecosystem. Philip Bahoshy, Founder & CEO at Magnitt spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East and Africa about their new report.
Senegal is using the Group of 20 Common Framework to rework its debt, a fresh test for the global toolkit to help poor nations avoid chaotic defaults. The African nation is aiming to use an improved version of the framework to secure a fair distribution of relief across creditors. Bloomberg's Matthew Hill breaks down the situation.
Renault SA Chief Executive Officer Francois Provost discusses Nissan's overhaul plan, which he says is "good," but adds that the automaker will have to "boost up" a bit its transformation to get on top of the industry's challenges. Provost speaks with Bloomberg's Caroline Connan at the Paris Motor Show.
Oil extended declines as traders weigh President Donald Trump's claim of an "energy ceasefire" between Russia and Ukraine. This comes after hostilities escalated across the Middle East, with strikes by Houthis on Saudi Arabia's Riyadh airport. Bob McNally, President and Founder of Rapidan Energy Group and Former White House energy advisor spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East and Africa from Riyadh on the impact of the various geopolitical situations on the oil market.
After a weekend of mass detentions and heavy security in Delhi, opposition parties plan to submit a memorandum to India's chief justice demanding an end to alleged electoral manipulation, a halt to voter-roll revisions and the resignation of Chief Election Commissioner Gyanesh Kumar.
India's rupee climbs about 1%, leading gains versus the dollar in Asia on Monday, after the RBI took steps to bolster the currency. Bloomberg's Subhadip Sircar reports
Pakistani Finance Minister Muhammad Aurangzeb discusses the country's financing needs and economic growth outlook. He speaks with Avril Hong on the sidelines of the IMF and World Bank Annual Meetings in Singapore.
Stephanie von Friedeburg, Head of the Public Sector Group at Citi, discusses the issues that are top of mind for governments and central banks. She speaks with Avril Hong on the sidelines of the IMF and World Bank Annual Meetings in Singapore.
Tan Su Shan, CEO at DBS Group, says the market is repricing the risks around investments related to the buildup of artificial intelligence that could lead to more discipline in financing. She speaks with Haidi Stroud-Watts from the DBS Asia Future Forward Conference ion Singapore.
Tyger Cho, Director of Business Development and Financial Services at LG AI Research, discusses the the adoption of artificial intelligence in the financial sector and the company's latest AI tool, which forecasts the short-term performance of Korean equity markets. He speaks with Haidi Stroud-Watts on Bloomberg: The Asia Trade.
