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The International Monetary Fund has given Tanzania a $ 1 billion loan

The International Monetary Fund IMF announced on Monday that it has provided $ 1.046 billion in loans over 40 months to help Tanzania overcome the eff

The International Monetary Fund IMF announced on Monday that it has provided $ 1.046 billion in loans over 40 months to help Tanzania overcome the effects of the war in Ukraine. Tanzania will receive the equivalent of $ 151.7 million. African countries need help to implement reforms and unlock their economic potential. The war in Ukraine has raised food and fuel prices worldwide. 85% of grain consumption in subSaharan Africa is imported. Read More..

B2B Tech News | 2 years ago        

Bidens energy consultant predicted a fall in gas prices

US President Joe Bidens energy advisor predicts gas prices could fall to $4 per gallon in the US. Sales of crude oil began some time ago when OPEC fai

US President Joe Bidens energy advisor predicts gas prices could fall to $4 per gallon in the US. Sales of crude oil began some time ago when OPEC failed to reach an agreement with its Russialed allies to cut off oil production. That, in turn, caused Saudi Arabia to slash its oil prices as it reportedly looks to ramp up production. On Sunday, the average price of a gallon of regular gasoline in the United States was around $4.53, according to the AAA American Automobile Association. Hochstein said he expects the price to drop further to around $4 a gallon. Premium lead touched record highs of $6 per gallon in recent weeks in all retail outlets From Shell to Exxon, Lukoil, and BP. Read More..

B2B Tech News | 2 years ago        

Concentrated Energy + Power supports Puerto Ricos renewable energy goals through solar power generation

Convergent Energy + Power has entered into a power purchase and operating agreement with the Puerto Rico Electric Power Authority PrePA for a 100 MW s

Convergent Energy + Power has entered into a power purchase and operating agreement with the Puerto Rico Electric Power Authority PrePA for a 100 MW solar generation project paired with a 55 MW battery. The Solar Plus storage system will be owned and operated by Convergents Puerto Rico subsidiary, Convergent Coamo. The system is currently expected to be operational in 2024 and is part of a larger plan to accelerate Puerto Ricos strategic energy transition. The island has responded to these challenges by setting an ambitious goal of achieving 40% renewable energy by 2025 and 100% renewable energy by 2050, relying on its most abundant resources solar and wind. Read More..

B2B Tech News | 2 years ago        

Russia demands oil payments from India in dirhams

Russian oil giant Rosneft supplies its crude oil through commercial companies such as Everest Energy and Coral Energy. India is now the second largest

Russian oil giant Rosneft supplies its crude oil through commercial companies such as Everest Energy and Coral Energy. India is now the second largest buyer of oil after China. Western sanctions have led many oil importers in Moscow to lower the spot price of Russian crude oil. Russia wants to use more nonwestern currencies to trade with countries like India. Moscow can buy foreign currency from friendly countries and can use those reserves to influence exchange rates. Due to western sanctions, Dubai has become a haven for Russias wealth. Read More..

B2B Tech News | 2 years ago        

Australias tech workforce grew by 8% in 2021

According to ACS Australias Digital Pulse 2022, Australias tech workforce grew by 8% in 2021. By 2027, Australia will need over 1.2 million IT profess

According to ACS Australias Digital Pulse 2022, Australias tech workforce grew by 8% in 2021. By 2027, Australia will need over 1.2 million IT professionals to meet the technology needs from the country. This would correspond to an average annual growth rate of 5.5%. In light of the upcoming Federal Government Jobs and Skills Summit, Digital Pulse is advocating for the advancement of technology education at the school, vocational, and tertiary levels. Report coauthor John OMahony, a partner at Deloitte Access Economics, said the report has since revealed that tech remains a lucrative career choice. Read More..

B2B Tech News | 2 years ago        

Stori raised $ 150 million and became Mexicos new unicorn

The latest CSeries financing from Stori comes nine months after the collection of one of the largest C series in Latin America. With over 1.4 million

The latest CSeries financing from Stori comes nine months after the collection of one of the largest C series in Latin America. With over 1.4 million customers in Mexico, Stori offers every customer the opportunity to issue a credit card and create a credit history. Stori joined a small number of Mexican startups that have obtained unicorn status. Proceeds from this latest round of funding will be used to invest in team growth. The company plans to expand its geographic coverage in Latin America and reach 100 million unserved consumers. Read More..

B2B Tech News | 2 years ago        

Russia is fining Google $ 360 million for Ukrainian content

A Moscow court has fined Google 21 billion rubles $ 360 million for not deleting information about Russias military intervention in Ukraine. According

A Moscow court has fined Google 21 billion rubles $ 360 million for not deleting information about Russias military intervention in Ukraine. According to experts, the fine is the largest ever imposed by a Russian court on a Western technology company. It is the largest fine ever imposed by a Russian court on a Western technology company, according to expert Vladimir Zhikov, quoted by the Russian news agency Ria Novosti. Roskomnadzor classified Google and YouTube as terrorist services in March and said they could be blocked from Russia, Twitter, Instagram, and many independent media outlets after military operations. Read More..

B2B Tech News | 2 years ago        

New Saudi Arabian leasing company AviLease has won a contract with Flynas for 12 A320neos.

This move is timely, as all signs indicate the airlines rapid growth and recovery. Saudi Arabias national aviation strategy aims to increase annual pa

This move is timely, as all signs indicate the airlines rapid growth and recovery. Saudi Arabias national aviation strategy aims to increase annual passenger traffic to 330 million by 2030 and connect Saudi Arabia to 250 destinations. AviLease has signed its first lease with lowcost airline Flynas. We plan to invest in stateoftheart aircraft so that airlines can operate the most fuelefficient and environmentally friendly aircraft. 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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2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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