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US to tap traditional African crops to solve food insecurity

Bloomberg The US is launching a new initiative to identify and invest in climate adaptation for Africa’s most nutritious crops in a bid to deal with growing hunger on the continent. The program, announced by the US State Department together with the United Nations’s Food and Agriculture Organization and the African Union on Wednesday, will seek to identify crops in ...

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KKR makes bid for Telecom Italia grid

  Bloomberg KKR & Co. has made a non-binding bid for a stake in Telecom Italia SpA’s multi-billion-euro network, the Italian carrier said on Thursday, as Chief Executive Officer Pietro Labriola seeks to turn the business around. The shares gained as much as 14% in Milan on Thursday following the announcement of the bid. Telecom Italia has struggled under a ...

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Intel’s planned US chip plant has bankers looking for deals

  Bloomberg Brookfield Infrastructure Partners LP’s $15 billion commitment last year to help finance Intel Corp.’s giant new semiconductor complex in Arizona, the first deal of its kind, sent investors and bankers racing to find similar opportunities. Brookfield, a major infrastructure investor, put up $2 billion in equity and borrowed $13 billion from a mix of foreign banks, pension funds ...

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