Binance launches $1 billion growth fund to accelerate blockchain adoptionIFM CorrespondentOctober 13, 2021 by IFM CorrespondentOctober 13, 2021 Nearly half of the funds will be directed toward virtual reality and blockchain-based financial services... Read more
China introduces AI ethics as it aims to be global AI leader by 2030IFM CorrespondentOctober 11, 2021 by IFM CorrespondentOctober 11, 2021 The news rules and regulations are in line with China’s 2017 national AI strategy... Read more
Google confirms $1 bn investment in Africa over the next 5 yearsIFM CorrespondentOctober 7, 2021 by IFM CorrespondentOctober 7, 2021 Google will also provide $10 mn in low-interest loans to help small businesses and entrepreneurs in Ghana, Kenya and Nigeria... Read more
Ripple to partner with Qatar National Bank to enhance cross-border paymentIFM CorrespondentOctober 5, 2021 by IFM CorrespondentOctober 5, 2021 The Qatari bank will pilot Ripple’s financial technology network RippleNet... Read more
Citi launches tech hub in Bahrain in partnership with TamkeenIFM CorrespondentSeptember 28, 2021September 29, 2021 by IFM CorrespondentSeptember 28, 2021September 29, 2021 The digital hub will provide 1,000 jobs to coders over the next 10 years... Read more
Saudi Arabia’s blockchain market is set to grow 41% by 2025: MinistryIFM CorrespondentSeptember 21, 2021 by IFM CorrespondentSeptember 21, 2021 The overall tech sector in the Kingdom is expected to hit SR100 bn by 2025... Read more
SoftBank announces $3 bn to invest in LatAm tech firmsIFM CorrespondentSeptember 17, 2021 by IFM CorrespondentSeptember 17, 2021 So far, it has backed companies in Brazil, Mexico, Chile, Colombia and Argentina... Read more
Global blockchain market to reach $104.19 bn by 2028IFM CorrespondentSeptember 14, 2021September 14, 2021 by IFM CorrespondentSeptember 14, 2021September 14, 2021 The market is set to grow at a CAGR of 55.8% between 2021 to 2028... Read more
Berlin-based tech firm Mobius raises £4.5 mn to expand in the UKWebAdminSeptember 9, 2021September 9, 2021 by WebAdminSeptember 9, 2021September 9, 2021 The funding round for Mobius was led by Ventech VC... Read more
VC LoftyInc Capital announces fund to invest in tech startups across AfricaWebAdminSeptember 2, 2021 by WebAdminSeptember 2, 2021 The LoftyInc Afropreneurs Fund 3 will invest nearly $10 mn in tech businesses in Africa... Read more