FeaturedTechnologyRide-hailing platform DiDi Chuxing to run trail for China’s CBDCPritam BordoloiJuly 9, 2020July 9, 2020 by Pritam BordoloiJuly 9, 2020July 9, 2020 It entered into a partnership with the Digital Currency Research Institute of the People’s Bank of China... Read more
EnergyFeaturedUK’s United Green forays into Australian energy marketInternational Finance Business DeskJuly 8, 2020 by International Finance Business DeskJuly 8, 2020 The investment firm has acquired a 50 percent stake in Rodds Bay Solar Farm... Read more
FeaturedFinanceWorld Bank approves $425 mn infrastructure financing in AfricaInternational Finance Business DeskJuly 8, 2020 by International Finance Business DeskJuly 8, 2020 This will be the first regional infrastructure financing project in Africa... Read more
FeaturedLogisticsKPC spends Sh1.8 bn to revive Nairobi-Nanyuki RailwayInternational Finance Business DeskJuly 8, 2020 by International Finance Business DeskJuly 8, 2020 The Kenyan government is expected to generate more than Sh370.4 million revenue annually with the project's revival... Read more
FeaturedIslamic BankingAbu Dhabi Islamic Bank raises foreign ownership to 40%Pritam BordoloiJuly 8, 2020 by Pritam BordoloiJuly 8, 2020 Earlier, the foreign ownership limit at ADIB was set at 25%... Read more
EnergyFeaturedThailand-based Gulf Energy to acquire two wind firms in Vietnam for $200 mnPritam BordoloiJuly 8, 2020July 8, 2020 by Pritam BordoloiJuly 8, 2020July 8, 2020 Gulf Energy acquired the farms from Dien Xanh Gia Lai Investment Energy (DGI)... Read more
AviationFeaturedAirAsia posts Q12020 net losses of RM803.85 mn due to Covid-19Pritam BordoloiJuly 8, 2020 by Pritam BordoloiJuly 8, 2020 Revenue fell to RM2.31 billion from RM2.73 billion previously... Read more
EnergyFeaturedArcelorMittal seeks to build six solar projects in South AfricaInternational Finance Business DeskJuly 7, 2020 by International Finance Business DeskJuly 7, 2020 The solar projects will be built in Vanderbijlpark, Newcastle, Vereeniging, Pretoria, Thabazimbi, and Saldanha... Read more
FeaturedFintechSouth African fintech Franc raises $300,000 in seed fundingInternational Finance Business DeskJuly 7, 2020July 7, 2020 by International Finance Business DeskJuly 7, 2020July 7, 2020 The funds raised are a part of its major round of seed investment... Read more
AviationFeaturedEtihad Airways seeks to achieve 45% of its pre-covid capacityInternational Finance Business DeskJuly 7, 2020July 7, 2020 by International Finance Business DeskJuly 7, 2020July 7, 2020 The carrier announced that it will build back its network covering destinations where the lockdowns have been lifted... Read more