FeaturedIslamic FinanceCapBay nets $7 mn to grow its Shariah-compliant supply chain finance armIFM CorrespondentDecember 20, 2021 by IFM CorrespondentDecember 20, 2021 The funding round was led by Kenanga Capital Islamic, a subsidiary of Kenanga Investment Bank... Read more
FeaturedTelecomSafaricom to launch its commercial operations in Ethiopia in March 2022IFM CorrespondentDecember 17, 2021 by IFM CorrespondentDecember 17, 2021 Safaricom Ethiopia will use the '07' mobile number prefix... Read more
FeaturedFintechSingaporean fintech Sleek raises additional funds for product developmentIFM CorrespondentDecember 17, 2021 by IFM CorrespondentDecember 17, 2021 Sleek has raised $25 mn so far in its Series A funding round... Read more
FeaturedTelecomZain to sell over 2600 towers in Jordan to TASC Towers for $88 mnIFM CorrespondentDecember 16, 2021December 16, 2021 by IFM CorrespondentDecember 16, 2021December 16, 2021 The telco announced a 15-year agreement to sell and leaseback the passive physical infrastructure of its towers... Read more
FeaturedFintechSoftBank invests in Indian payment technology platform JusPayIFM CorrespondentDecember 16, 2021 by IFM CorrespondentDecember 16, 2021 The investment was made through the SoftBank Vision Fund 2... Read more
FeaturedFintechOpen Banking payments platform Noda Pay announces official launchIFM CorrespondentDecember 15, 2021 by IFM CorrespondentDecember 15, 2021 Noda Pay is now available in the UK as well as the EU... Read more
FeaturedPorts and ShippingDP World signs agreement for the development of deepsea port in CongoIFM CorrespondentDecember 15, 2021 by IFM CorrespondentDecember 15, 2021 DP World has signed an agreement with the Government of the Democratic Republic of the Congo... Read more
FeaturedOil & GasPetrobras hands contract to Offshore driller Seadrill for work in the Búzios fieldIFM CorrespondentDecember 15, 2021 by IFM CorrespondentDecember 15, 2021 Seadrill will commence work on December 2022 and the contract is for 1,040 days... Read more
FeaturedTechnologyBinance and a MDI-led consortium will launch a crypto exchange in IndonesiaIFM CorrespondentDecember 15, 2021 by IFM CorrespondentDecember 15, 2021 Binance will set up a JV to focus on blockchain development in Indonesia... Read more
EnergyFeaturedJapanese oil company Eneos acquires a 19% stake in a 35-MWp Vietnamese solar plantIFM CorrespondentDecember 14, 2021 by IFM CorrespondentDecember 14, 2021 Eneos acquired the stakes from Shizen Malaysia Sdn Bhd... Read more