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To support growth and geographical expansion, MaxAB raises $40 million.

MaxAB, a food and grocery B2B ecommerce and distribution platform, supports a network of conventional merchants in Egypt and Morocco. Existing investo

MaxAB, a food and grocery B2B ecommerce and distribution platform, supports a network of conventional merchants in Egypt and Morocco. Existing investors Beco Capital, 4DX Ventures, Flourish Ventures, and Africa Platform Capital have joined the round. MaxAB intends to expand geographically further, with the goal of covering all of Morocco by the end of 2023 and entering the Kingdom of Saudi Arabia. ADQ has invested in MaxAB, a food and grocery supply chain management startup. Silver Lake is investing in the company as part of the launch of its fintech division. MaxAB says that more than 750,000 small enterprises in Egypt and Morocco require its services. Read More..

B2B Tech News | 2 years ago        

Sydneybased startup Clipboard aims to become the extracurricular edtech that every school needs

a Sydneybased edtech firm, has raised $3.1 million in investment. The creator of a rapidly expanding extracurricular management system for schools. Cl

a Sydneybased edtech firm, has raised $3.1 million in investment. The creator of a rapidly expanding extracurricular management system for schools. Clipboard plans to utilise the proceeds to grow its softwareasaservice offering. Despite a fourmonth shutdown, Clipboards income increased by 330 percent in calendar 2021. This calendar year, the firm expects to increase by another 200 percent. Clipboard is being employed at over 100 schools, with preliminary studies indicating significant economic and social benefits. Read More..

B2B Tech News | 2 years ago        

SubSaharan Africa is experiencing rapid development of digital transformation

Africa might soon replace Europe as the preferred location for liquefied natural gas. Entrepreneurs in Africa think that controlling the food supply c

Africa might soon replace Europe as the preferred location for liquefied natural gas. Entrepreneurs in Africa think that controlling the food supply chain from harvest to delivery is the best way to stop the trend. The discovery of a new liquefied gas resource close to the coasts of Mauritania and Senegal is giving Europe optimism. Read More..

B2B Tech News | 2 years ago        

OpenOcean updates its interactive automation market map and adds over 600 companies

We released the initial iteration of the OpenOcean Interactive Market Map for Automation in early 2021. Enterprise investment in automated solutions h

We released the initial iteration of the OpenOcean Interactive Market Map for Automation in early 2021. Enterprise investment in automated solutions has increased significantly as a result of the Covid19 epidemic. In 2021, private investors contributed at least $18 billion to the overall software automation market. Read More..

B2B Tech News | 2 years ago        

GoTo in talks to sell $ 1 billion investor stake to avoid stock collapse

GoTo Group is negotiating with its major investors for a controlled sale of their holdings valued at about US$1 billion. The action is a part of a str

GoTo Group is negotiating with its major investors for a controlled sale of their holdings valued at about US$1 billion. The action is a part of a strategy to prevent a possible decline in the price of GoTo stock after the IPO lockup period expires on November 30. Read More..

B2B Tech News | 2 years ago        

Bangkok has long held the crown as the best business leisure city in Asia Pacific

For the sixth time in a row, The Mandarin Oriental, Bangkok was chosen as the Best Business Hotel in the AsiaPacific. The title returned this year t

For the sixth time in a row, The Mandarin Oriental, Bangkok was chosen as the Best Business Hotel in the AsiaPacific. The title returned this year to be won by the Thai capital after being excluded from the 2021 awards. Additionally, Bangkok has received the title of Best Leisure City an unprecedented 11 times since 2008. Thai Airways International THAI was awarded the third best airline in the region, according to the Tourism Authority of Thailand TAT. Read More..

B2B Tech News | 2 years ago        

Kenyas exports are expected to increase by 15% in 2022

Kenya estimates that exports will increase by 15% in 2022 from the 738 billion shillings 6.08 billion US dollars achieved in 2021. Sales into new Afri

Kenya estimates that exports will increase by 15% in 2022 from the 738 billion shillings 6.08 billion US dollars achieved in 2021. Sales into new African nations will fuel the increase as a result of the African Continental Free Trade Areas operationalization. Horticulture, tea, coffee, titanium ores, textiles and apparel, refined petroleum, iron, plastics, and paper goods are a few important exports. Read More..

B2B Tech News | 2 years ago        

Fenergo presents an automated KYC solution

Financial organisations can expedite KYC review procedures with Fenergo Smart Review. The risk implications of changes to a clients profile are analys

Financial organisations can expedite KYC review procedures with Fenergo Smart Review. The risk implications of changes to a clients profile are analysed. The obligation to execute continuous KYC reviews manually is a substantial and expensive operational burden, explains Stella Clarke, chief strategy officer at Fenergo. According to Phil Mackenzie, research principal at Chartis Research, banks are increasingly looking for ways to reduce the administrative load. Read More..

B2B Tech News | 2 years ago        



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Refresh Your Facts

1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
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4.  Since the launch of the popular mobile game, Candy Crush, in 2012, players have spent a total of 73 billion hours (equivalent to 8.3 million years) playing this game.
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5.  Approximately 8 billion gadgets connect on the internet every day.
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