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Chinese Province to Prohibit Gas Car Sales

Hainan Island in the South China Sea says it will become the first Chinese region to ban the sale of petrol and diesel cars to reduce climatechanging

Hainan Island in the South China Sea says it will become the first Chinese region to ban the sale of petrol and diesel cars to reduce climatechanging carbon emissions. By 2030, the whole province will ban the sale of fossil cars. Hainan plans to make 45% of vehicles electric by 2030. The ruling Communist Party is promoting electric cars to help cleaning up Chinas smogchoked cities. Last year, China accounted for more than half of global sales of electric vehicles. Read More..

B2B Tech News | 2 years ago        

Nigerian BTC PeertoPeer Volumes Nearly $400M in H1 of 2022

Between January 2021 and June 2022, Nigerias Bitcoin equivalent volume of more than $1.1 billion means the West African country is Paxfuls largest mar

Between January 2021 and June 2022, Nigerias Bitcoin equivalent volume of more than $1.1 billion means the West African country is Paxfuls largest market. Kenya is now the second largest African cryptocurrency exchange market and the fifth largest overall. Nigeria is the largest market in the world for Paxful. Kenya is currently the second largest cryptocurrency market in Africa and the fifth largest in the world. The annual growth in Ghanas trade volume was 95%. The Central African Republic was the first African country to use Bitcoin as a fiat currency. Read More..

B2B Tech News | 2 years ago        

Selection of Inpex, TotalEnergies, and Woodside to investigate subsea carbon storage

Australia has awarded acreage permits to assess the feasibility of greenhouse gas storage off the northwest coast. The move is part of the Australian

Australia has awarded acreage permits to assess the feasibility of greenhouse gas storage off the northwest coast. The move is part of the Australian governments plan to cut CO₂ emissions by 43% by the end of this decade. Inpex will operate the Bonaparte CCS assessment joint venture with a 53% stake while TotalEnergies and Woodside will own 26% and 21%. Inpex Australia, Woodside Energy, and Mitsubishi have secured the first of five new offshore carbon storage permits under the 2021 offshore Greenhouse Gas Storage Acreage Release. Three companies have been authorized to conduct assessments and evaluations in the G7AP area of ​​the Bonaparte Basin on the northwest coast of Australias Northern Territory. Federal Resources Minister Madeleine King said the government will finalize the award of all five new greenhouse gas storage permits. Read More..

B2B Tech News | 2 years ago        

Korea and Russia sign a $2.25 billion contract with the nuclear company

The state nuclear companies of South Korea and Russia have signed a 3 trillion won contract to supply parts for Egypts first nuclear power plant. ASEs

The state nuclear companies of South Korea and Russia have signed a 3 trillion won contract to supply parts for Egypts first nuclear power plant. ASEs contract with stateowned Korea Hydro & Nuclear Power calls for South Korea to provide construction work and turbinerelated equipment for a power plant under construction in Dabaa, about 130 kilometers northwest of Cairo on the Mediterranean coast. ASE is owned as a subsidiary of the Russian state nuclear power company Rosatom. The talks are being delayed due to unexpected factors such as Russias war in Ukraine and USled sanctions against Moscow, said Yoon Seokyeol, a senior adviser to the presidents office. Read More..

B2B Tech News | 2 years ago        

Australian shoppers are turning to cheaper goods amid decades of high inflation

Australia continues to experience multidecade high inflation, and the biggest supermarkets in the country have started to notice that consumers are tu

Australia continues to experience multidecade high inflation, and the biggest supermarkets in the country have started to notice that consumers are turning to less expensive goods. Woolworths CEO Brad Banducci says Australian consumers are beginning to shift their spending toward less expensive goods. Indicating that food prices are rising faster than the headline inflation rate, the average price of food increased by 3.6% over the three months ending in June. The Australian Bureau of Statistics reported the highest inflation rate since the early 2000s, at 6.1%, for the year ending in June. Coles, Coles main rival, presented similar findings in their yearend results. To keep customers interested, supermarkets have implemented a price freeze on basic items. Read More..

B2B Tech News | 2 years ago        

Macron issues a end of abundance warning as France experiences a challenging winter

Emmanuel Macron warned the French they are facing sacrifices and what he called the end of abundance at his governments first cabinet meeting after th

Emmanuel Macron warned the French they are facing sacrifices and what he called the end of abundance at his governments first cabinet meeting after the summer holidays. He said the country was at a tipping point and faced a difficult winter and a new era of instability caused by climate change and Russias invasion of Ukraine. His somber speech was criticized as illjudged and a snub to the countrys outofwork and poor who had already made sacrifices. Read More..

B2B Tech News | 2 years ago        

Subsbase Egypt raises $2.4 million for its subscription and recurring revenue management platform

Seed funding for SubsBase totaled $2.4 million and was provided by the venture capital firm Global Ventures. With the collection, operational, analyti

Seed funding for SubsBase totaled $2.4 million and was provided by the venture capital firm Global Ventures. With the collection, operational, analytics, invoicing, and billing tools provided by the cloudbased platform, subscriptionand recurring revenuebased businesses can manage their customers effectively. Since its launch more than a year ago, SubsBase has experienced monthly growth of 200%. Currently, SubsBase faces little to no competition in the area. The business uses a subscriptionbased business model and offers three distinct plans with set prices. Read More..

B2B Tech News | 2 years ago        

How to boost local pharmaceutical industry

In an interview with journalists, Matthew Azoji, the managing director of Neimeth Pharmaceutical Plc, discussed how government regulations impact the

In an interview with journalists, Matthew Azoji, the managing director of Neimeth Pharmaceutical Plc, discussed how government regulations impact the pharmaceutical industry. Azoji claimed that local businesses complain about unwelcoming government regulations. Some foreign manufacturers, according to him, operate in regions with low production costs. The government became aware of the Pharmaceutical Manufacturers Group of Nigerias PMGMAN pleas for a fund to increase sector capacity as a result of the COVID19 pandemic. The government provided N100 billion in lowinterest loans for capacity expansion through the Central Bank of Nigeria. Read More..

B2B Tech News | 2 years ago        



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