FeaturedOil & GasAfrica Energy to increase stake in Block 11B/12BInternational Finance Business DeskAugust 26, 2020 by International Finance Business DeskAugust 26, 2020 The company will increase its stake from 4.9 percent to 10 percent... Read more
FeaturedTechnologyWiserfunding forays into India with AI-backed risk assessmentInternational Finance Business DeskAugust 26, 2020 by International Finance Business DeskAugust 26, 2020 The tool is a artificial intelligence-backed cloud-based credit risk assessment targeting SMEs... Read more
EconomyFeaturedUK businesses expect downsizing in the coming months: ResearchInternational Finance Business DeskAugust 25, 2020 by International Finance Business DeskAugust 25, 2020 An independent survey conducted by Accumulate Capital found that 73 percent of senior decision-makers expect businesses to downsize... Read more
FeaturedOil & GasPetrobras initiates sale deal for 26 onshore oil fields and refineryInternational Finance Business DeskAugust 25, 2020August 25, 2020 by International Finance Business DeskAugust 25, 2020August 25, 2020 The state-owned company has signed a deal with SPE Rio Ventura for the sale... Read more
BankingFeaturedCaritas Microfinance Bank joins Kenya Bankers AssociationInternational Finance Business DeskAugust 25, 2020 by International Finance Business DeskAugust 25, 2020 Straps: With that, the total number of members in the association has reached to 47 banks... Read more
BankingFeaturedJP Morgan seeks to launch its first digital bank in 2021International Finance Business DeskAugust 24, 2020August 24, 2020 by International Finance Business DeskAugust 24, 2020August 24, 2020 The bank has reportedly signed a deal with Amazon Web Services for its cloud requirements and 10x Future Technologies for its digital infrastructure... Read more
FeaturedTechnologyCertes Networks extends partnership with Help AGInternational Finance Business DeskAugust 24, 2020 by International Finance Business DeskAugust 24, 2020 The extension is based on Certes’ long-standing collaboration with UAE’s Etisalat Digital... Read more
FeaturedTelecomEthiopia suspends plans to allow foreign bids for telecom licenceInternational Finance Business DeskAugust 20, 2020 by International Finance Business DeskAugust 20, 2020 Previously, the Ethiopian Telecommunication Authority had invited interested companies to submit their bids to end monopoly in the sector... Read more
Banking and FinanceFeaturedNotable shift in digital payments is observed: ResearchInternational Finance Business DeskAugust 20, 2020 by International Finance Business DeskAugust 20, 2020 A new report from payments company Square found that fewer than one in four payments are being made in cash in the UK... Read more
BankingFeaturedSamsung, Curve launch Samsung Pay Card for customersInternational Finance Business DeskAugust 20, 2020 by International Finance Business DeskAugust 20, 2020 It uses Curve’s technology enabling all customers to use Visa and Mastercard banking cards in one place... Read more