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World Bank Approves $1.5B Loan to Reboot South Africa’s Infrastructure and Economy

A $1.5 billion loan has been authorised by the World Bank for South Africa to promote a green energy transition and enhance its transport infrastructu

A $1.5 billion loan has been authorised by the World Bank for South Africa to promote a green energy transition and enhance its transport infrastructure. Due to inefficiencies and blackouts, vital industries including freight trains, ports, and electricity systems have long impeded economic progress. These sectors are the focus of the investment. The loan has advantageous terms that lower debtservicing expenses, such as a threeyear grace period. Amidst high unemployment and weak GDP estimates reduced to 1.4% for 2025, the South African government views this as a step towards inclusive growth and job creation. In line with a larger R1 trillion infrastructure plan, the investment shows the nations determination to combat corruption, enhance essential services, and stabilise its economy. Read More..

B2B Tech News | 15 hours ago        

Ghana Approves $2.8B Debt Deal With 25 Nations to Unlock IMF Bailout Funds

In order to support its IMF bailout program and stabilise its economy, Ghanas parliament has passed a $2.8 billion debt restructuring agreement with 2

In order to support its IMF bailout program and stabilise its economy, Ghanas parliament has passed a $2.8 billion debt restructuring agreement with 25 creditor countries, including China, France, the United States, and the United Kingdom. The G20 Common Framework agreement postpones debt service payments that were due in December 2022 to December 2026, with repayments taking place in 2039–2023. Ghana has belowmarket borrowing costs thanks to interest rates that were set between 1% and 3%. The agreement comes after Ghana defaulted in 2022 and an IMF bailout of $3 billion was authorised in 2023. The measure was unanimously supported by lawmakers, who hailed it as essential to reestablishing macroeconomic stability. Afreximbank and other commercial creditors are continuing to work with Ghana in order to complete the larger restructuring process. Read More..

B2B Tech News | 15 hours ago        

Microsoft, OpenAI Clash Over AGI Clause as $10B Partnership Faces Strain

According to reports, Microsoft and OpenAI are at odds over a provision related to the development of artificial general intelligence AGI. The Informa

According to reports, Microsoft and OpenAI are at odds over a provision related to the development of artificial general intelligence AGI. The Information reports that OpenAIs agreement permits it to deny Microsoft access to its models in the event that it announces the achievement of artificial general intelligence AGI, a clause that Microsoft wishes to be eliminated. Microsoft views this clause as a threat to its strategic interests, having invested over $10 billion and incorporated OpenAIs technology into Office and Azure products. In the meantime, OpenAI is having trouble becoming a publicbenefit corporation, which calls for Microsofts approval. Both businesses openly uphold their "longterm, productive partnership" in spite of the impasse. As both businesses compete to dominate the next stage of AI development, the issue indicates rising commercial conflict. Read More..

B2B Tech News | 15 hours ago        

UAE–India CEPA Council Launches Startup Series to Boost CrossBorder Innovation

The UAEIndia Startup Series was introduced in New Delhi by the UAE–India CEPA Council to encourage crossborder innovation and aid in the internation

The UAEIndia Startup Series was introduced in New Delhi by the UAE–India CEPA Council to encourage crossborder innovation and aid in the international growth of Indian startups. Supported by the UAE Embassy in India, the project carries out a significant obligation under the Comprehensive Economic Partnership Agreement CEPA. A UAE softlanding package including incubation, coaching, and investor access would be given to five chosen startups. Startups are essential to the bilateral economic corridor, UAE Ambassador Dr. Abdulnasser Alshaali said, underscoring the UAEs dedication to entrepreneurship. In FY 2023–24, bilateral trade reached $83.64 billion, and UAE foreign direct investment into India tripled annually. MOUs with organisations including PRIME Meghalaya, Jamia Hamdard, and O.P. Jindal Global University were also announced at the launch. Read More..

B2B Tech News | 15 hours ago        

Nvidia Surges to $3.76 Trillion Valuation, Reclaims World’s Most Valuable Company Title

With a market valuation of $3.76 trillion, Nvidia surpassed Microsoft to regain its position as the most valuable business in the world. Its shares su

With a market valuation of $3.76 trillion, Nvidia surpassed Microsoft to regain its position as the most valuable business in the world. Its shares surged more than 4% to a record $154.10. Loop Capitals optimistic upgrade, which raised Nvidias price target from $175 to $250 and referenced a "Golden Wave" of adoption of generative AI, preceded the rally. Strongerthanexpected demand for Nvidias AI chips, which puts the business at the vanguard of the upcoming innovation cycle, was noted by analyst Ananda Baruah. In 2025, the S&P 500 tech index as a whole also reached a record high, rising by almost 6%. Nvidia is trading at 30 times forward earnings, below its fiveyear average, despite its explosive growth, indicating more upside potential as AI momentum picks up speed. Read More..

B2B Tech News | 15 hours ago        

Pompliano Launches $1B Bitcoin Treasury Firm With SPAC Merger and Wall Street Backing

In order to establish ProCap Financial, a bitcoin treasury company, U.S. investor Anthony Pompliano has announced a $1 billion merger. The agreement a

In order to establish ProCap Financial, a bitcoin treasury company, U.S. investor Anthony Pompliano has announced a $1 billion merger. The agreement aims to hold up to $1 billion in Bitcoin on its balance sheet by combining its company, ProCap BTC, with SPAC Columbus Circle Capital I. The largest initial fundraising for a bitcoin treasury company, it is supported by $250 million in convertible notes and $500 million in equity. ProCap will use lending, derivatives, and other financial products to make money off of its bitcoin holdings, in contrast to conventional models. According to reports, institutional investors like as Citadel, Jane Street, and Pantera are participating. Growing interest in bitcoinnative financial services is reflected in the move, which also fits with broader changes in U.S. crypto policy. Read More..

B2B Tech News | 1 days ago        

Iran–Israel Ceasefire Brings Relief to India’s $100B Middle East Trade

With geopolitical tensions reduced and freight and energy prices stabilised, the IranIsrael ceasefire has significantly improved Indias $100 billion t

With geopolitical tensions reduced and freight and energy prices stabilised, the IranIsrael ceasefire has significantly improved Indias $100 billion trade with the Middle East. Deescalation, according to experts, improves shipping predictability across the crucial Strait of Hormuz, which benefits both Indian importers of petrochemicals and crude oil and exporters of engineering goods, food items, textiles, and chemicals. There was a momentary decrease in volatility when oil prices fell more than 3%. The ceasefire might only last temporarily, specialists warn, as fundamental issues have not been settled. The Federation of Indian Export Organisations FIEO and GTRI emphasise that longterm benefits in trade, energy security, and regional investment flows depend on continued peace and diplomatic followthrough. Read More..

B2B Tech News | 1 days ago        

India–UK FTA Set for July Signing, Aims to Double Trade to $120 Billion by 2030

The free trade agreement FTA between India and the UK is anticipated to be signed by July 2025, following the conclusion of discussions in May. Sunil

The free trade agreement FTA between India and the UK is anticipated to be signed by July 2025, following the conclusion of discussions in May. Sunil Barthwal, the Indian Commerce Secretary, is in London with a legal team to finish the final texts legal examination. The deal intends to reduce levies on UK items like cars and Scotch whisky and remove tariffs on Indian exports like leather, textiles, and footwear in order to quadruple bilateral trade to $120 billion by 2030. Prior to implementation, which is anticipated to occur in mid to late 2026, the agreement must be approved by both governments after it is signed. After more than three years of discussions, this represents the expanding IndiaUK partnership in the face of altering global trade alliances. Read More..

B2B Tech News | 1 days ago        



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1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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