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 ...
Category : Technology
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...
South Korea to invest $854 mn annually to produce micro-chip materials
Korea will develop homegrown materials and equipment used in the production of micro-chips...
DFSA and Smart Dubai in MoU to start smart transformation
The MoU signed by Waleed Saeed Al Awadhi and Wesam Lootah was UAE’s first digitally signed MoU...
Vietnam’s Vingroup in deal with Qualcomm, Fujitsu for 5G smartphones
The company’s Vsmart phones will be manufactured in Hanoi and are expected to be launched in April next year...
Uber gets UAE ministry’s approval for $3.1bn Careem merger deal
UAE’s competition committee finds that the deal will not result in economic concentration in excess of the 40% allowed...
UAE leads in artificial intelligence investment in MEA: Study
According to a study by Microsoft and EY, the UAE leads the MEA region in AI investments with $2.5 billion in a decade...