FeaturedTelecomSafaricom to bid for Ethiopia’s two telecom licencesInternational Finance Business DeskJune 29, 2020June 30, 2020 by International Finance Business DeskJune 29, 2020June 30, 2020 Ethiopia's telecommunication authority is planning to award the two licences to multinational mobile companies to end the monopoly in the country... Read more
EnergyFeaturedSaudi Arabia to produce world’s lowest-cost electricityPritam BordoloiJune 29, 2020 by Pritam BordoloiJune 29, 2020 The kingdom will soon develop a solar project that will produce electricity at the lowest cost per kilowatt... Read more
AviationFeaturedBoeing to begin flight safety test for 737 MaxPritam BordoloiJune 29, 2020 by Pritam BordoloiJune 29, 2020 The tests are expected to run for three days starting Monday... Read more
AviationFeaturedThailand’s low-cost carrier NokScoot Airlines to enter liquidationPritam BordoloiJune 29, 2020 by Pritam BordoloiJune 29, 2020 The carrier is expected to hold a meeting on July 14 with regard to the dissolution and to also appoint a liquidator... Read more
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