UK chief executives earn more than average employees: study
The median pay of FTSE100 chief executives stood at £3.46 million in 2018
WhatsApp plans to launch digital payments in Indonesia
The digital services are expected to launch by the end of 2020
Kenya court clears case against National Bank acquisition
Two individuals Evans Aseto and John Kiptoo filed the petition on grounds of the legality of the deal
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
Britain readies for no deal by increasing Brexit funding
The country adds an extra 2.1 billion pounds to its budget to face any critical situation
Nigeria’s Aliko Dangote sole African in Bloomberg’s top 100 billionaires
Three South Africans and two of the Sawiris brothers from Egypt are the other African billionaires on the list
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