FeaturedFintechVietnamese fintech F88 secures $6 mn funding for expansionPritam BordoloiJune 11, 2020June 11, 2020 by Pritam BordoloiJune 11, 2020June 11, 2020 F88’s investors include Mekong Enterprise Fund III and Granite Oak... Read more
EnergyFeaturedRipple introduces UK’s first consumer-owned wind farmInternational Finance Business DeskJune 10, 2020June 10, 2020 by International Finance Business DeskJune 10, 2020June 10, 2020 For consumers, owing a small part of a large-scale project could be up to 75 percent cheaper than investing in rooftop solar... Read more
FeaturedOil & GasPetroleum dealers in Africa hoard fuel productsInternational Finance Business DeskJune 10, 2020June 11, 2020 by International Finance Business DeskJune 10, 2020June 11, 2020 The Energy and Petroleum Regulatory Authority has issued a warning with financial penalties, jail terms and permanent revocation of licences... Read more
BankingFeaturedBank of America acquires 1.51% stake in Emirates NBDPritam BordoloiJune 10, 2020 by Pritam BordoloiJune 10, 2020 The deal is expected to cost around Dh900 mn... Read more
FeaturedTechnologyVietnam-based proptech Propzy secures $25 mn fundingPritam BordoloiJune 10, 2020 by Pritam BordoloiJune 10, 2020 The funding round led by real estate private equity firm Gaw Capital and SoftBank Ventures Asia... Read more
FeaturedFintechSingapore-based fintech Wallex secures funding for expansionPritam BordoloiJune 10, 2020 by Pritam BordoloiJune 10, 2020 The startup will also use the funds to enhance its core offerings... Read more
AviationFeaturedDelta, LATAM seek approval to operate codeshare routesInternational Finance Business DeskJune 9, 2020June 9, 2020 by International Finance Business DeskJune 9, 2020June 9, 2020 The airlines have applied to the Department of Transportation (DOT) for an approval... Read more
FeaturedForexKenya’s forex reserves reach Sh$9.26 billionInternational Finance Business DeskJune 9, 2020June 9, 2020 by International Finance Business DeskJune 9, 2020June 9, 2020 Kenya's local currency has strengthened against regional and international currencies... Read more
BankingFeaturedNCBA Bank develops rationalisation strategy to merge branchesInternational Finance Business DeskJune 9, 2020 by International Finance Business DeskJune 9, 2020 With this decision, NCBA Bank's number of branches in Kenya will reduce to 68... Read more
AviationFeaturedHong Kong announces HK$30 bn bailout package for Cathay PacificPritam BordoloiJune 9, 2020 by Pritam BordoloiJune 9, 2020 This marks the first time the Hong Kong government has invested in a private company... Read more