FeaturedTechnologyChina’s Didi Chuxing to operate 1 mn robo-taxis by 2030Pritam BordoloiJune 25, 2020 by Pritam BordoloiJune 25, 2020 The company is currently developing autonomous driving technologies... Read more
EconomyFeaturedChina launches $5 bn fund to support SMEsPritam BordoloiJune 25, 2020 by Pritam BordoloiJune 25, 2020 Two Chinese ministries have teamed up to launch the National Small Medium Enterprises Development Fund... Read more
EnergyFeaturedSonnedix, Natixis close solar portfolio financing worth $87 mnInternational Finance Business DeskJune 24, 2020June 25, 2020 by International Finance Business DeskJune 24, 2020June 25, 2020 Sonnedix is one of the largest solar independent power producers in the world... Read more
BankingFeaturedEquity Bank terminates acquisition talks with Altas MaraInternational Finance Business DeskJune 24, 2020 by International Finance Business DeskJune 24, 2020 The protracted pandemic and the uncertainty that follows has forced the bank to end acquisition of four banks in Zambia, Mozambique, Tanzania and Rwanda... Read more
FeaturedTechnologyOneView raises $3.5 mn in seed funding led by TPY CapitalInternational Finance Business DeskJune 24, 2020 by International Finance Business DeskJune 24, 2020 The company will use the proceeds from the funding to provide virtual imagery for machine learning model training... Read more
FeaturedFintechUAE sees surge in digital payments amid the pandemic: StudyPritam BordoloiJune 24, 2020June 24, 2020 by Pritam BordoloiJune 24, 2020June 24, 2020 A survey conducted by Visa revealed that 71% of consumers reported increased use of digital payments... Read more
FeaturedFinanceMalaysia on top when it comes to mobile money usage in SE AsiaPritam BordoloiJune 24, 2020 by Pritam BordoloiJune 24, 2020 Online activities have significantly increased since the pandemic... Read more
FeaturedTechnologyIndonesia-based ride hailing giant Gojek lays off 9% of its workforcePritam BordoloiJune 24, 2020 by Pritam BordoloiJune 24, 2020 Around 430 employees to lose their job, mostly in Indonesia... Read more
FeaturedShipping and PortsPort of Mombasa sees huge in container movement despite pandemicInternational Finance Business DeskJune 23, 2020June 23, 2020 by International Finance Business DeskJune 23, 2020June 23, 2020 Joseph Maina registered a new crane record of 51 moves per hour... Read more
BankingFeaturedStandard Chartered extends Sh650 bn in financing for businessesInternational Finance Business DeskJune 23, 2020 by International Finance Business DeskJune 23, 2020 The loan extension will allow businesses to cope with the pandemic's impact... Read more