FeaturedReal EstateBrazil central bank to allow firms use real estate as collateral for loansInternational Finance Business DeskJune 26, 2020 by International Finance Business DeskJune 26, 2020 Other measures include banks that extend loans to SMEs to reduce reserve requirements and lower banks' requirements for contingent liabilities provision... Read more
Banking and FinanceFeaturedKenya attracts venture capital deals worth Sh74.3 billionInternational Finance Business DeskJune 26, 2020June 26, 2020 by International Finance Business DeskJune 26, 2020June 26, 2020 South Africa ranks first recording deals worth Sh795 million... Read more
EconomyFeaturedNigeria anticipated to hit its worst recession in four decades: World BankInternational Finance Business DeskJune 26, 2020June 26, 2020 by International Finance Business DeskJune 26, 2020June 26, 2020 The IMF and the World Bank anticipate the Nigerian economy to slip into recession impacting its lenders at a large scale... Read more
FeaturedPorts and ShippingDP World to launch new shipping line in partnership with MarwaniPritam BordoloiJune 26, 2020 by Pritam BordoloiJune 26, 2020 The shipping line will connect the Port of Jebel Ali in Dubai with Egypt’s Port of Sokhna... Read more
AviationFeaturedUK’s EasyJet raises $520 mn through a share salePritam BordoloiJune 26, 2020 by Pritam BordoloiJune 26, 2020 The stock offering equal to almost 15% of its existing share base... Read more
FeaturedTelecomSingapore select Nokia, Ericsson to develop 5G infrastructurePritam BordoloiJune 26, 2020 by Pritam BordoloiJune 26, 2020 Huawei to have a limited role... Read more
FeaturedHealthcareThe UK seeks to launch national research programme for Covid-19International Finance Business DeskJune 25, 2020June 26, 2020 by International Finance Business DeskJune 25, 2020June 26, 2020 The programme will be launched to examine the accuracy of Covid-19 diagnostic tests... Read more
BankingFeaturedHarambee Sacco, Co-op Bank launch new Visa debit cards for membersInternational Finance Business DeskJune 25, 2020June 25, 2020 by International Finance Business DeskJune 25, 2020June 25, 2020 The launch of instant debit card issuance will enable quick accessibility of cash... Read more
FeaturedFintechAfrican fintech Chipper Cash raises $13.8 mn in series AInternational Finance Business DeskJune 25, 2020 by International Finance Business DeskJune 25, 2020 The funding was led by Deciens Capital and Raptor Group, in addition to 500 Startups and Liquid 2 Ventures participating in the round... Read more
AviationFeaturedQatar Airways to reshuffle fleet, retire 777 aircraftPritam BordoloiJune 25, 2020 by Pritam BordoloiJune 25, 2020 According to the carrier, the decision is part of a strategy to cut emissions... Read more