WEF launches forum to help African startups compete globally
WEF African Growth Platform will bring together governments, investors, and entrepreneurs to the ease funding...
Category : Technology
China to launch cryptocurrency in November through 7 major FIs
The launching of cryptocurrency will cut the costs of circulating traditional paper money...
Japan woos African startups to counter China’s BRI
Japan to pledge more than 300 billion yen to Africa during the conference...
Grab plans regional expansion with major Vietnam investment
The company is preparing to invest ‘several hundred millions of dollars’ following the launch of $2bn investment launch in Indonesia...
China Mobile to provide 5G connections in 50 Chinese cities
The company’s net revenue dropped 15 percent in the first half of the year...
Brazil VC Monashees raising $250 mn to fund startups in Latin America
Firms in Monashees portfolio have raised up to $2 bn from global investors after raising funds from the Brazilian VC ...
Angola Cables launches cloud service for companies in Africa
The cloud service offers on-demand hardware and software resources, accelerated processing, and cloud allocated storage...
Brazil launches blockchain solution to track government contract bids
Brazilian agriculture industry will benefit from Bid Solution which will provide complete transparency on the contract bids...
OPay to use $50 mn funding to boost fintech and Nigerian businesses
Lead investors in the startup's funding round include IDG, Sequoia China, and Source Code...
UK’s financial services regulator to ban crypto derivatives
The potential ban can prevent investor losses of around £75 mn to £234.3 mn a year to consumers...