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Minorityowned businesses in Europe contribute more than €570bn to economy despite huge challenges, report says

Open Political Economy Network OPEN launches its Minority Businesses Matter Europe report. The report examines the contribution and challenges of ethn

Open Political Economy Network OPEN launches its Minority Businesses Matter Europe report. The report examines the contribution and challenges of ethnic minority entrepreneurs across Europe. Minority businesses have a combined turnover of at least €570 billion in Europe, account for at least 4.7% of all businesses, and employ at least 2.7 million people. Germany makes the highest contribution €191 billion, followed by France €120 billion and the Netherlands €88 billion. Three in five people in the EU say that discrimination based on ethnic origin or skin color is widespread, according to a report by the organization OPEN. The report notes that despite these challenges, many minority businesses still succeed. It proposes three recommendations for opening up data, combating discrimination, and making the most of entrepreneurs diversity. Read More..

B2B Tech News | 2 years ago        

NowNow plans to raise $13 million and expand its ecosystem of financial products in Africa.

Agency banking startups are the leading innovators in this space. NowNow Digital Systems has raised $13 million in a seed round that will help the fou

Agency banking startups are the leading innovators in this space. NowNow Digital Systems has raised $13 million in a seed round that will help the fouryearold startup expand its service offerings across Africa. Like other bank agent platforms like OPay, TeamApt, and Nomba, the flagship product has more than 50,000 agents across the country. NowNow targets 5,000 small and medium enterprises with businessinabox BIT solutions that include NFC technology by the end of this year. The fintech claims to serve 200,000 customers. We plan to increase this number to 1000 by the end of this year. We are operating in both the consumer and businesstobusiness sectors, and we are the first company in Nigeria to provide an integrated platform for SMEs that includes logistics. Read More..

B2B Tech News | 2 years ago        

Video Management Software VMS Market will exceed USD 32.68 Billion by 2029 at a CAGR of 21.46% along with size, share, emerging trends, analysis of key players and market growth factors.

Data Bridge Market Research recently published a global research report titled Global Video Management Software VMS Market. The report focuses on glob

Data Bridge Market Research recently published a global research report titled Global Video Management Software VMS Market. The report focuses on global major players providing information such as company profiles, product images, and specifications. The Video Management Software VMS market report covers the current and historical market scenarios, and market development patterns, and is likely to continue to evolve during the forecast period. Several analytical tools such as SWOT analysis and Porters five forces analysis have been used to accurately understand this market. The global video management software VMS market was valued at USD 6.9 billion in 2021 and is expected to reach USD 32.68 billion by 2029, growing at a CAGR of 21.46% during of forecast 20222029. Read More..

B2B Tech News | 2 years ago        

The deals with the US hit Chinas technology ambitions by banning Nvidia chips

Without a license from Washington, Nvidia can no longer sell certain highend chips in China. These AI models are trained using these accelerators insi

Without a license from Washington, Nvidia can no longer sell certain highend chips in China. These AI models are trained using these accelerators inside data centers for projects like autonomous driving. Before enacting trade restrictions, Washington did not indicate that they were under consideration. Nvidia is a leading supplier of autonomous control hardware. Nvidia has been informed by Washington that the new curbs are intended to stop the use of cuttingedge AI technology for military purposes. China implores the U.S. to immediately stop the practice and treat businesses from all nations equally. Read More..

B2B Tech News | 2 years ago        

Aon declares the beginning of its strategy and technology group

Aon president Eric Andersen Insurers need the resilience and capacity to address increasing current and future risks STG will initially focus on the p

Aon president Eric Andersen Insurers need the resilience and capacity to address increasing current and future risks STG will initially focus on the property & casualty and life sectors. Chairing STG is Nick Frankland, who hired Forrest and Allison and whose previous roles include UK CEO of Aons reinsurance solutions. However, these challenges also present opportunities for companies to reinvigorate their businesses and differentiate themselves in the marketplace. Becky Allison, former EMEA Europe, Middle East, and Africa operations director for insurance consulting technology at WTW, has come on board as STGs chief operating officer. Read More..

B2B Tech News | 2 years ago        

German compressed air expert is purchased by Atlas Copco

Atlas Copco has acquired DFDruckluftFachhandel GmbH, a German online platform for compressed air solutions. The company also recently completed the ac

Atlas Copco has acquired DFDruckluftFachhandel GmbH, a German online platform for compressed air solutions. The company also recently completed the acquisitions of French compressor distributor FITEC S.A. and Singaporebased Bireme Group. This acquisition comes close on the heels of Geveke, an Amsterdambased distributor of compressors and components parts.Atlas Copco has acquired DFDruckluftFachhandel GmbH, a Stuttgartbased company that specialises in online sales of compressed air solutions and equipment. The acquisition will increase our market share in the online business, as well as strengthen our service to local customers in this crucial region. Read More..

B2B Tech News | 2 years ago        

UK International Investment emphasizes cooperation with Egypt in the field of climate

Throughout its current strategy period, British International Investment BII announced its intention to invest $100 million in regional startups. The

Throughout its current strategy period, British International Investment BII announced its intention to invest $100 million in regional startups. The DFI, formerly the CDC Group, reiterated its dedication to advancing its collaboration with Egypt and boosting climate finance for the nations green growth. The DFIs investment in Benban Solar Park, the biggest solar park in Africa, has been highlighted by the Director of BII, Nick ODonohoe. The park contributes to Egypts efforts to meet its increasing energy needs, cut carbon emissions, and achieve its climate goals. Read More..

B2B Tech News | 2 years ago        

Egypts Flat6Labs and Sanad Academy announce an accelerator to help startups in the agtech sector

The initiative will support up to a dozen AgriTech companies that will be given access to capital and help them address the challenges of food securit

The initiative will support up to a dozen AgriTech companies that will be given access to capital and help them address the challenges of food security. Egypt is banking on technology and its startup ecosystem to help grow the industry. The sector contributes more than 11% to the countrys gross domestic product and accounts for about 28% of all jobs. The number of AgriTech deals in Egypt grew by 22% annually to 78 during the first six months of the year. The global agricultural sector is expected to grow to more than $18.8 trillion by 2026, at a compounded annual growth rate of about 11%. Streamlining food supply chains is key to ensuring food security. 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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