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Four new courses are being offered by Nilepreneurs Initiative to help business incubators support entrepreneurs

The Nilepreneurs Initiative — one of the initiatives of the Central Bank of Egypt — announced the launch of four new courses for business incubato

The Nilepreneurs Initiative — one of the initiatives of the Central Bank of Egypt — announced the launch of four new courses for business incubators in various fields to support startup owners. The courses cover technology, digital transformation, climate change technology, local manufacturing, and the furniture industry, in addition to equality programs for gender and womens economic empowerment. This is within the framework of contributing to achieving the UNs sustainable development goals SDGs and Egypts 2030 Vision. The Nilepreneurs Initiatives business incubator programs support two stages of establishing startup companies, as the first is sponsored by the Egyptian Export Development Bank. The second round of the preincubation program has been allocated to comply with the fifth SDG, which is to empower women economically. It also aims to facilitate the access of female entrepreneurs to financing and achieve gender equality. Read More..

B2B Tech News | 2 years ago        

The government of the Australian Capital Territory is investing in a 250 MW battery project

The Australian Capital Territory state government will pledge funding for a battery energy storage system BESS in its budget announced on August 2.

The Australian Capital Territory state government will pledge funding for a battery energy storage system BESS in its budget announced on August 2. The project was first presented in a previous budget for 20202021, with the ACT government pledging to invest a total of AU $ 100 million in the project over five years. Two largescale battery storage projects are already under construction in the ACT. Industry stakeholders were invited to participate in the workshops held with the ANU. The commissioning is expected in the period 20232024 for the new fleet. The high number of participants indicates that there is a lot of support for the program. Read More..

B2B Tech News | 2 years ago        

Gold declines as the currency strengthens and a Fed rate increase approaches

Spot gold was down 0.2% at $1,722.84 per ounce as of 0110 GMT. U.S. gold futures decreased by 0.5%. The dollar increased by 0.1%, increasing the cost

Spot gold was down 0.2% at $1,722.84 per ounce as of 0110 GMT. U.S. gold futures decreased by 0.5%. The dollar increased by 0.1%, increasing the cost of bullion priced in dollars for buyers using other currencies. The Federal Reserve is expected to raise rates by 75 basis points this week, according to the markets. Although gold is regarded as an inflation hedge, the opportunity cost of holding bullion increases as interest rates rise. The markets are pricing in a 75basispoint rate increase to combat skyrocketing inflation as the U.S. The central bank ends its twoday session on Wednesday. Read More..

B2B Tech News | 2 years ago        

Dow and Mura are planning plastic recycling plants in Europe and the US

The worlds first factory using Muras recycling process will open in 2023 in Teesside. Hydrothermal plastic recycling solutions can recycle all types o

The worlds first factory using Muras recycling process will open in 2023 in Teesside. Hydrothermal plastic recycling solutions can recycle all types of plastics, including flexible multilayer plastics. The agreement is an extension of the partnership between the two UK companies. Mura technology is designed to support the global circular plastics economy, and our partnership with Dow is a key element in bringing HydroPRS to the world. As longterm partners, we are excited about the potential of this process to address the challenges of plastic recycling and plastic waste. Read More..

B2B Tech News | 2 years ago        

As diesel costs fall, Nigerian businesses are turning to solar power

As businesses in Africas largest oil producer explore alternate power sources as diesel prices increase, Nigerias solar industry are experiencing a su

As businesses in Africas largest oil producer explore alternate power sources as diesel prices increase, Nigerias solar industry are experiencing a surge in demand. Although some claim they have started turning away consumers due to a lack of supply, this may limit their capacity to profit from the trend. An official from the Ministry of Power claimed there was an increase in solar minigrids serving industrial users this year, but did not provide further information. If the current trend continues, by the end of the year, Nigeria should have 12 MW or more of operational solar installations, he claimed. Read More..

B2B Tech News | 2 years ago        

With rising prices, Hungarians are in hard times

According to official statistics, Hungarys inflation rate has reached 11.7%, while food prices rose by 22.1 percent from June 2017 to June 2018. Risin

According to official statistics, Hungarys inflation rate has reached 11.7%, while food prices rose by 22.1 percent from June 2017 to June 2018. Rising prices are a result of supply chain interruptions and the conflict between Russia and Ukraine. While some shop owners are protesting, others are considering closing their establishments. The government of Hungary is no longer able to maintain its restrictions on residential energy prices. The National Bank of Hungary projects an annual inflation rate of 11.62.6% in 2022. Last week, when enraged protesters stopped access to two bridges, demonstrations in Hungary became routine. Read More..

B2B Tech News | 2 years ago        

Facebooks parent company, Meta, is investing in better ideas. Her third investment in South Asia

Better Opinions, a startup in event trading, is also planning to invest in Better Opinions. It will be the third investment made by the digital giant

Better Opinions, a startup in event trading, is also planning to invest in Better Opinions. It will be the third investment made by the digital giant owned by Facebook in the South Asian market. It backed edtech startup Unacademy in 2019 and made an investment in the social marketplace Meesho the following year. It functions as a stock exchange of opinions and enables people to trade their opinions on events while pairing them with others who have complementary interests. It will be the third startup investment made by the Facebookowned digital giant in the South Asian market after backing edtech Unacademy in 2018 and social commerce Meesho in 2019. Read More..

B2B Tech News | 2 years ago        

Women entrepreneurs, technology founders will benefit from HerMoneyClinic

With assistance from She Works Here, Simply Exponential Consult Limited has created HerMoneyClinic, an allfemale preaccelerator programme, with the go

With assistance from She Works Here, Simply Exponential Consult Limited has created HerMoneyClinic, an allfemale preaccelerator programme, with the goal of assisting female entrepreneurs and tech innovators in raising capital for their companies. An online access to finance preaccelerator is HerMoneyClinic four weeks plus four masterclasses. Through this relationship and a grant from the United States African Development Foundation USADF, women will have the chance to sign up for the training programme at a significantly reduced cost. It is a business with global ties that is owned by Nigeria. Thelma Ekiyor, managing director of She Works Here, stated that the money was made available exclusively to empower women through the organizations Small Women Owned Businesses SWOB initiative, which is supported by the United States African Development Foundation USADF. Read More..

B2B Tech News | 2 years ago        



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