TechnologyChina to launch cryptocurrency in November through 7 major FIsInternational Finance DeskAugust 29, 2019December 17, 2019 by International Finance DeskAugust 29, 2019December 17, 2019 The launching of cryptocurrency will cut the costs of circulating traditional paper money... Read more
TechnologyJapan woos African startups to counter China’s BRIInternational Finance DeskAugust 28, 2019December 17, 2019 by International Finance DeskAugust 28, 2019December 17, 2019 Japan to pledge more than 300 billion yen to Africa during the conference... Read more
TechnologyGrab plans regional expansion with major Vietnam investmentInternational Finance DeskAugust 26, 2019December 17, 2019 by International Finance DeskAugust 26, 2019December 17, 2019 The company is preparing to invest ‘several hundred millions of dollars’ following the launch of $2bn investment launch in Indonesia... Read more
TechnologyChina Mobile to provide 5G connections in 50 Chinese citiesInternational Finance DeskAugust 9, 2019 by International Finance DeskAugust 9, 2019 The company’s net revenue dropped 15 percent in the first half of the year... Read more
TechnologyBrazil VC Monashees raising $250 mn to fund startups in Latin AmericaInternational Finance DeskJuly 16, 2019December 17, 2019 by International Finance DeskJuly 16, 2019December 17, 2019 Firms in Monashees portfolio have raised up to $2 bn from global investors after raising funds from the Brazilian VC ... Read more
TechnologyAngola Cables launches cloud service for companies in AfricaInternational Finance DeskJuly 16, 2019December 17, 2019 by International Finance DeskJuly 16, 2019December 17, 2019 The cloud service offers on-demand hardware and software resources, accelerated processing, and cloud allocated storage... Read more
TechnologyBrazil launches blockchain solution to track government contract bidsInternational Finance DeskJuly 15, 2019December 17, 2019 by International Finance DeskJuly 15, 2019December 17, 2019 Brazilian agriculture industry will benefit from Bid Solution which will provide complete transparency on the contract bids... Read more
FintechTechnologyOPay to use $50 mn funding to boost fintech and Nigerian businessesInternational Finance DeskJuly 11, 2019December 17, 2019 by International Finance DeskJuly 11, 2019December 17, 2019 Lead investors in the startup's funding round include IDG, Sequoia China, and Source Code... Read more
TechnologyUK’s financial services regulator to ban crypto derivativesInternational Finance DeskJuly 5, 2019December 17, 2019 by International Finance DeskJuly 5, 2019December 17, 2019 The potential ban can prevent investor losses of around £75 mn to £234.3 mn a year to consumers... Read more
TechnologySouth Korea to invest $854 mn annually to produce micro-chip materialsInternational Finance DeskJuly 3, 2019December 17, 2019 by International Finance DeskJuly 3, 2019December 17, 2019 Korea will develop homegrown materials and equipment used in the production of micro-chips... Read more