Cross River Bank partners Hatch as it expands internationally

Cross River, a global financial infrastructure platform founded by fintech pioneer Gilles Gade, has brought its global expansion efforts to Sri Lanka, with EVP and Chief AI Officer Pravesh Rijal visiting Colombo recently.

Rijal’s visit, facilitated by Hatch, one of Sri Lanka’s leading startup and innovation hubs, and its founder Jeevan Gnanam, included meetings with senior executives from several of the country’s major banks, the Fintech Forum, the Central Bank of Sri Lanka, and the Presidential Secretariat. Discussions focused on enabling faster cross-border payments, expanding access to modern financial infrastructure for Sri Lankan businesses, and exploring how artificial intelligence is reshaping the movement of money and the future of financial services.

The visit marks a significant step in exploring opportunities to connect Sri Lanka’s financial ecosystem with global payment networks and next-generation financial technology. Cross River’s strategy centres on building regulated US dollar infrastructure that banks, fintech companies, and businesses worldwide can access to support international transactions and financial innovation. By connecting payment networks across currencies and markets, the platform aims to reduce friction in cross-border transactions while working alongside local financial institutions rather than replacing them.

Cross River already powers some of the world’s leading technology and fintech companies, including Stripe, X Money, Coinbase, Affirm, and Upgrade. The company pioneered embedded finance through a technology platform built on its own real-time banking core. Today, Cross River operates at the intersection of banking, fintech, artificial intelligence, and agentic commerce, as it continues to expand its global reach.

Hatch plays a central role in strengthening Sri Lanka’s startup ecosystem by connecting entrepreneurs with corporates, investors, development partners, and international markets. Through its incubation and acceleration programs, corporate innovation partnerships, and investment-readiness initiatives, Hatch supports startups in validating business models, accessing markets, attracting investment, scaling their solutions and continues to build pathways for Sri Lankan innovation to connect with global opportunities. Its role in facilitating Cross River’s visit reflects this broader mission of bringing international expertise, capital, and technology partnerships into Sri Lanka’s financial and innovation ecosystem.

The engagement opens the door for further dialogue on how global financial infrastructure can support Sri Lanka’s evolving digital economy, including opportunities for fintech innovation, cross-border commerce, and collaboration between international financial technology providers and local institutions.

As Cross River continues to expand into new markets, Sri Lanka presents an opportunity to explore how established financial infrastructure and emerging local innovation can work together to create more connected, accessible, and efficient financial services.

Government seeks joint investment in livestock water infrastructure

Dodoma. The government is pushing for stronger coordination among the ministries responsible for livestock, agriculture, and water to address shortages affecting livestock keepers, with investments in dams and boreholes expected to improve access to reliable water sources.

Deputy Minister for Livestock and Fisheries Ng’wasi Damas Kamani said on November 3, 2026, that the government would continue bringing the three ministries together to coordinate budgets and investments in water infrastructure, ensuring that projects benefit both livestock keepers and farmers.

‘We will continue strengthening cooperation between the Ministry of Livestock and Fisheries, the Ministry of Agriculture and the Ministry of Water to ensure that the challenge of water availability for livestock is addressed,’ she told Parliament in Dodoma on November 3, 2026.

Ms Kamani responded to a supplementary question from Kiteto MP Edward Kisau Olelekaita, who asked about the government’s strategy for coordinating the three ministries to improve water infrastructure in his constituency.

Mr Olelekaita also sought to know when the government would release funds to complete the Kiwani livestock water dam project in Ndeda Ward, Kiteto District.

The project is expected to improve water availability for livestock and surrounding communities, particularly in an area where access to reliable water sources is important for livestock production.

Ms Kamani said the government recognised the importance of the project and would continue considering it in the ministry’s budget plans to facilitate the completion of construction works.

‘The government recognises the importance of this project, and it will continue to be considered in the ministry’s budget plans to ensure that its construction is completed,’ she said.

However, she did not specify when the remaining funds would be released, leaving the project’s completion timeline dependent on future budget allocations.

The deputy minister said the government had already established a framework for ministries to jointly plan budgets and develop water infrastructure, citing a ministerial resolution reached in Mbeya in 2022.

The resolution brought together nine ministries, including those responsible for livestock and fisheries, agriculture, water, energy and minerals, as well as the Prime Minister’s Office through the then President’s Office – Regional Administration and Local Government (PO-RALG).

‘Through this resolution, the ministries agreed to cooperate in budget planning and the development of water infrastructure for the benefit of all users, including livestock keepers and farmers,’ Ms Kamani said.

She cited two boreholes constructed by the Ministry of Agriculture in Iringa District Council for farmers and another 18 boreholes built by the Ministry of Water in the Mtorofu area of Morogoro for livestock keepers as examples of the approach.

The examples, she said, demonstrated how cooperation between ministries could help extend water infrastructure to different groups of users instead of treating their needs separately.

Ms Kamani also said the government was encouraging wider use of drilling equipment and machinery for dam construction distributed across the country to improve water access in livestock-producing areas.

She said the Sixth Phase Government, under President Samia Suluhu Hassan, was promoting the use of the equipment to ensure that investments in water infrastructure also benefited the livestock sector.

‘The Ministry of Livestock and Fisheries will continue working with other ministries to ensure that water challenges facing livestock keepers are addressed, including in Kiteto District,’ she said.

T1 giants Ratchaburi and Port seek Asian lifelines

Ratchaburi hope to salvage a point against Vissel Kobe in the AFC Champions League Elite on Tuesday.

The Japanese side have won three in a row, while Ratchaburi have collected a single point. Their goalless draw with Kashiwa Reysol ended a two-match losing start, but head coach Worrawoot Srimaka admitted his side have plenty of room for improvement.

Ratchaburi remain winless in the competition and, without a marked change, face elimination at the first hurdle.

Kobe’s victory over South Korea’s Daejeon Hana Citizen equalled their longest continental winning streak. They have never lost to Thai opposition, winning two and drawing two, and coach Michael Skibbe will expect that to continue. Kick-off at Kobe City Misaki Park Stadium is at 5pm Thai time.

Port, beaten in their last three games, host Beijing FC in Pathum Thani at 7.15pm. Beijing, with seven points from three games, are well placed for the last 16, while Port were beaten 3-0 by Johor Darul Ta’zim last week.

Rayong suffer heavy defeat

Rayong’s slump deepened as they lost 4-0 at home to Lamphun Warriors on Sunday. It was their second successive defeat.

Lamphun led 3-0 by the interval through Christian Ilic in the sixth minute and a brace from Anderson da Silva, in the 30th and 37th minutes. Da Silva was sent off three minutes after the restart, but Mohammed Osman added a fourth in stoppage time.

Rayong coach Akkraporn Chalitaporn pointed to a lack of concentration. “We started the game not very well and conceded so quickly, which is a problem we have to improve,” he said. “We have not won in five games and we are in a difficult situation.”

At Thalay Luang Stadium, Sukhothai FC also lost 3-0 to Ayutthaya United on Sunday night. Thiti Thumporn’s own goal in the 72nd minute opened the scoring, Willen Mota doubled the lead in the 80th and Caique Lemes completed the win in stoppage time. Ayutthaya climbed to third on 13 points; Sukhothai remained 11th on nine.

Player abuse case

The Football Association of Thailand has firmly condemned racism after Kanchanaburi Power’s John Baggio was abused over his height by home supporters during a 2-2 Thai League 2 draw at Pattaya United.

In an official statement, the FAT said such behaviour, whether inside grounds or on social media, had no place in football. Association president Nualphan Lamsam has instructed the competitions department to gather evidence and begin disciplinary proceedings immediately.

Players found guilty of racist abuse face one to three-match bans and fines of 10,000 to 60,000 baht. Supporters can be fined 10,000 to 30,000 baht, with amplified or broadcast abuse costing up to 50,000 baht. Clubs whose fans display offensive banners risk fines of up to 100,000 baht and, for repeat offences, a three-point deduction.

Trader Found Dead After Four Days

A 40-year-old trader has been found dead in her room at Tanoso in the Kwadaso Municipality of the Ashanti Region, with preliminary information suggesting that she may have died about four days before her body was discovered.

The deceased, identified only as Anita, was discovered on Wednesday, October 28, 2026, after co-tenants reportedly detected a foul stench emanating from her room.

The incident has triggered fear and panic among residents, who are calling on the police to investigate the circumstances surrounding her death.

The Assembly Member for the area, Aaron Nandie, who confirmed the incident in an interview with the Daily Guide, said he was informed about the situation upon arriving at the scene.

According to him, he gathered that the deceased had reportedly gone to sleep on Sunday and had not been seen again until her body was discovered.

‘I was informed about the situation upon reaching the scene. I learned that the deceased went to sleep on Sunday and was not seen again,’ he said.

Mr. Nandie disclosed that the police and environmental health officers from the Kwadaso Municipal Assembly were invited to the scene following the discovery.

The body was subsequently conveyed to the morgue.

The circumstances surrounding the woman’s death remain unclear, with further investigations expected to establish what led to the incident.

14 Islamic students abducted in Niger State

Gunmen have abducted 14 Islamic school students who were helping their teacher harvest maize on a farm in Tungan-Bako village, Niger State.

The attack occurred at about 12.30pm on Saturday, October 31, in the Pandogari area of Rafi Local Government Area.

The Niger State Police Command spokesperson, Wasiu Abiodun, confirmed the incident to journalists on Monday, saying joint security teams had begun rescue operations.

‘On 31/10/2026 at about 12.30pm, suspected bandits invaded Tungan-Bako village via Rafi LGA and abducted some persons working on the farm,’ he said.

Abiodun said preliminary reports indicated that the victims were about 14 students of an Islamiya school who had accompanied their teacher to harvest maize.

The students were reportedly working on the teacher’s farm when the gunmen struck and took them away.

The police spokesperson said the joint security operation was aimed at securing the abducted students’ release.

US committed to peace in Cyprus, US Ambassador says after meeting Holguin

The US stands committed to peace in Cyprus and a solution in line with UN Security Council resolutions, US Ambassador in Nicosia John Breslow, has stressed.

According to a post on social media of the US Embassy in Nicosia, Breslow held a meeting on Monday with UNSG’s Personal Envoy for Cyprus, Maria Angela Holguin.

“Pleased to meet with the Personal Envoy of the United Nations Secretary-General on Cyprus Maria Holguin. Always valuable to hear her perspective on the way forward” he said.

The US Ambassador stressed that “we stand committed to peace and a bizonal, bicommunal federation with political equality for all Cypriots in line with UNSC resolutions.”

Cyprus has been divided since 1974, when Turkey invaded and occupied its northern third. Repeated rounds of UN-led peace talks have so far failed to yield results due to Turkish intransigence. The latest round of negotiations, in July 2017 at the Swiss resort of Crans-Montana ended inconclusively.

UN Secretary-General Antonio Guterres, whose term nears its end, announced he would convene another meeting in broader format, after adequate preparation, but gave no timeline. He secured to that end the consensus of both sides and of the guarantor powers. María Angela Holguín, Guterres’ Personal Envoy on Cyprus, is tasked to engage with the parties. Executive Vice-President Raffaele Fitto acts as the European Commission’s Special Representative for Cyprus, succeeding EU special envoy Johannes Hahn.

Polo poised for Youth Olympics medal

POC Media Pool

DAKAR-Angel Polo put herself in a strong position for a medal in wushu and Riannah Chantelle Coleman bucked hyperventilation to make the women’s 200 meters breastroke final in the 4th Youth Olympic Games on Monday.

In what has become a predictable outcome in women’s Taijikuan combined, Polo again stood at third place after the Taijishuan preliminaries at the Dakar Expo Center in Diamniado behind strong favorite Ng Zhe Nin of Singapore and Chu Yu En of Chinese Taipei.

The three-who were 1-2-3 in the world junior championships in Tanjin, China, last March-finished in the same order as they were in the Taijishan preliminaries-Ng first with 9.353 points for a 18.653 total, Chu with 9.330 points for 18.563 and Polo with 9.233 for 18.456.

‘Angel is doing well and we’re focusing for tomorrow’s final,’ said Li Jianfang. ‘We hope to do better in the final.’

Tuesday’s final will also be two-phased-Taijishan at 10:38 a.m. and Taijiquan at 4:29 p.m.-both Dakar time.

Coleman, on the other hand, was fourth in her heat and seventh among eighth finalists topped by Japan’s Mana Ishikawa.

‘It was so bad but I’m grateful I had it done with,’ said Coleman, who was rushed to the Medical Room for hyperventilation. ‘I struggled with my breathing the entire race but I’m grateful I was able to touch the wall.’

She clocked the seventh-best time of 2:47.64-fourth in Heat 2-more than 18 seconds behind Ishikawa.

‘That’s way off my best time,’ added Coleman, who missed her personal best by five seconds.

Swimming staff had to carry Coleman to the Medical Room after she almost collapsed after leaving the pool and stayed there for some half an hour with fellow swimmer Jamesray Mishael Ajido and coach Jensen Halili.

Three other swimmers were being treated for hyperventilation while Coleman was being attended to inside the Medical Room.

Iran warns nuclear strike would have consequences beyond the region

Iran’s Deputy Foreign Minister for Legal and International Affairs Kazem Gharibabadi warned that any decision to use nuclear weapons against Iran would have consequences far beyond the region.

“So far, there have been no official statements by any country, including US officials, regarding the possible use of tactical nuclear weapons against Iran. Such reports have appeared only in certain media outlets. However, if an official from a country such as the United States, which possesses nuclear weapons and is a party to the Treaty on the Non-Proliferation of Nuclear Weapons (NPT), announces an intention to use tactical nuclear weapons against certain Iranian facilities and infrastructure, the issue will take on much broader legal implications. Such a threat would effectively mean the complete collapse of nuclear law and the Treaty on the Non-Proliferation of Nuclear Weapons,” he said.

The deputy foreign minister stressed that if tactical nuclear weapons were used against Iran, the country would not remain passive or simply watch events unfold, nor would it limit its response to legal protests on the international stage.

In such a scenario, the existing international legal frameworks would cease to function not only for Iran but also for many other countries operating within these frameworks, he added.

It should be noted that in recent days, American journalist Tucker Carlson has claimed that the United States could potentially target Mount Kolang in central Iran with a nuclear strike. Iran is alleged to have resumed its uranium enrichment programme at the site.

Ebola: Reps to probe emergency funds, state preparedness – Speaker Tajudeen

The Speaker of the House of Representatives, Hon. Abbas Tajudeen, on Tuesday expressed the House’s resolve to scrutinise inter-agency coordination, timely release and transparent utilisation of emergency health funds, as well as the capacity of state governments to respond effectively to public health emergencies.

Hon. Tajudeen, who stated this while declaring open a one-day public hearing on the outbreak of Ebola Virus Disease in Nigeria in Abuja, stressed the need for a coordinated national response involving all tiers of government and relevant institutions.

The Speaker, who was represented by Hon. Billy Osawaru, said the recent outbreak of Ebola in parts of Africa and the confirmation of an imported case in Nigeria underscored the importance of strengthening the country’s public health security architecture.

He noted that public health security was inseparable from national security, warning that an outbreak originating outside Nigeria could quickly become a matter of urgent national concern in an increasingly interconnected world.

According to him, Nigeria’s response to the recent development, through the activation of emergency mechanisms, strengthened surveillance and contact tracing, the establishment of a Presidential Task Force and the approval of emergency funding, was commendable but should not encourage complacency.

‘The fact that the confirmed imported case has been evacuated and no onward transmission has been established should strengthen our resolve to prevent a recurrence, rather than diminish our sense of urgency,’ he said.

Hon. Tajudeen recalled that Nigeria’s experience during the 2014 Ebola outbreak demonstrated that early detection, decisive intervention and effective coordination could determine whether a disease outbreak was contained or escalated into a national health emergency.

He explained that the public hearing was part of the legislature’s constitutional responsibility to assess the country’s preparedness, scrutinise the effectiveness of relevant institutions and ensure that the legal, financial and operational frameworks required to protect Nigerians were adequate.

The Speaker said the exercise would particularly examine whether disease surveillance systems could detect threats early enough, whether laboratories and isolation facilities were adequately equipped, whether healthcare workers had the necessary training and protective equipment, and whether airports and border communities were sufficiently covered by screening and monitoring arrangements.

He further emphasised the need to establish whether emergency health funds were released promptly and utilised transparently, while identifying possible gaps in the capacity of state governments to contain public health emergencies.

‘Disease containment cannot be the responsibility of the Federal Government alone. It requires a coordinated national response in which every tier of government understands its obligations and possesses the capacity to fulfil them,’ Speaker Tajudeen stated.

He also called for accurate and consistent public communication to prevent misinformation and panic, assuring Nigerians that the hearing was not intended to generate unnecessary alarm, particularly as there were no active Ebola cases in the country.

While expressing the House’s resolve to give serious consideration to the submissions and recommendations arising from the public hearing, he assured that the House would provide legislative intervention where necessary and pursue it. ‘Where administrative deficiencies are identified, we will engage the appropriate authorities to ensure corrective action. And where funding or institutional capacity is inadequate, we will discharge our constitutional responsibilities in addressing those gaps. Ultimately, the effectiveness of our response to public health threats should not be measured merely by our ability to contain an outbreak, but also by our capacity to prevent one from escalating in the first place.’

Speaking earlier, the Chairman of the Joint Committees on Infectious Diseases, Healthcare Services, Aviation and Interior, Hon. Amobi Ogah, said the news of the Ebola outbreak in October had generated widespread anxiety among Nigerians, prompting several calls and enquiries from his constituents and fellow lawmakers seeking clarification on the country’s preparedness.

Hon. Ogah recalled the devastating experience of the 2014 Ebola outbreak, which took a physical, psychological and economic toll on the country, with the deaths of several prominent Nigerians.

He said the concerns generated by the recent development compelled the House to initiate high-level consultations, culminating in the resolution to organise the public hearing to establish the preparedness of critical government agencies and determine the measures being implemented to prevent the spread of the disease.

The Abia lawmaker particularly expressed concern about the vulnerability of international airports as potential entry points for infectious diseases, insisting that relevant agencies must explain the screening arrangements and other preventive measures in place for passengers travelling into and out of Nigeria.

Hon. Ogah commended President Bola Tinubu for the prompt establishment of the Presidential Task Force on Ebola and the release of ?10 billion to support containment efforts, while also applauding the Nigeria Centre for Disease Control and Prevention (NCDC) for coordinating the national response.

He expressed optimism that reports indicating that two additional suspected cases identified in the North-East had tested negative would further strengthen the country’s prospects of containing the disease.

In his presentation, the Controller-General of the Nigerian Correctional Service (NCoS), Sylvester Nwakuche, warned that custodial centres required special attention in the country’s Ebola preparedness strategy because of their population density, shared facilities and frequent human interactions.

Nwakuche explained that an infectious disease outbreak within correctional facilities could have serious consequences for inmates, personnel, visitors and surrounding communities, making early detection and effective infection prevention measures imperative.

He disclosed that the service was committed to strengthening disease surveillance, infection prevention and control, emergency response arrangements and collaboration with the NCDC, the Federal Ministry of Health and Social Welfare and state health authorities.

The NCoS Controller-General identified inadequate medical infrastructure, protective equipment, trained personnel, emergency isolation spaces and medical transportation as critical areas requiring government intervention, urging the Federal Government to integrate correctional facilities into national and subnational public health emergency preparedness programmes.

He also called for dedicated funding, regular training of correctional officers and healthcare personnel, improved referral arrangements, periodic assessment of custodial centres and the provision of essential medical supplies to prevent the introduction and transmission of Ebola within correctional facilities.

Nwakuche maintained that strengthening the preparedness of correctional institutions would not only improve the country’s response to Ebola but also enhance its capacity to prevent and manage other infectious disease threats.

Algeria accuses France of concealing information on nuclear waste in Sahara

Algeria has launched its second operation to clear the territory of a former French nuclear test site in the Sahara Desert, accusing Paris of withholding information essential to the cleanup efforts.

The Algerian Ministry of Defence said the operation began on Sunday. It involves identifying areas contaminated with radioactive materials, collecting nuclear waste and storing it in specially designed concrete containers.

The defence authorities accused France of evading responsibility and refusing to provide archival documents and maps indicating the locations where nuclear waste was buried.

France conducted its first nuclear test in the Reggane region of the Sahara on February 13, 1960, when Algeria was still under French colonial rule. A total of 17 nuclear tests were carried out in the Algerian Sahara between 1960 and 1966. Paris continued its testing programme for four years after Algeria gained independence in 1962.

For decades, Algeria has been seeking access to documents and maps detailing the locations of nuclear tests and radioactive waste disposal sites. The information is considered essential for identifying contaminated areas and addressing the consequences of the nuclear tests.

The legacy of French colonial rule remains one of the main sources of tension between the two countries.