BUSINESS NEWS
Africas top technologies are on the move from July 2022
As of July 2022, African startups have raised a total of $239.7 million through 20 publicly available fundraisers. This is the lowest amount raised by
As of July 2022, African startups have raised a total of $239.7 million through 20 publicly available fundraisers. This is the lowest amount raised by an African startup in a month. In July, South Africa had the lowest funding, with $1.2 million released. West Africa leads with $148.66 million in funding, raising $91 million in the Fintech Wave. The Middle East and North Africa came in second with $60,000,000 and $21,746,000 respectively. B2B Tech News | 2 years ago
German airline Lufthansa has agreed on the wages of unionized ground staff
We extended the wage increase in several stages, said Michael Niggemann, Lufthansas chief of personnel. The offer is valid for 18 months and includes
We extended the wage increase in several stages, said Michael Niggemann, Lufthansas chief of personnel. The offer is valid for 18 months and includes a onetime payment of €200 $203 each, retroactive to July 1. The strike that took place last Wednesday added to the recent turmoil in European tourism. The deal between Lufthansa and service provider Union ver.di involves around 20,000 employees in various ground operations, each with a oneoff payment of €200 $203 retroactive to July 1. B2B Tech News | 2 years ago
Global Electrostatic Precipitator Markets, 2017–2021 and 2022–2027 by Technology, Design, End User, Offerings and Services, Competitive Landscape
The global electrostatic precipitator market is assumed to grow at a robust CAGR during the forecast period. High demand for paperbased products from
The global electrostatic precipitator market is assumed to grow at a robust CAGR during the forecast period. High demand for paperbased products from the packaging, printing, and advertisement sectors and the growing presence of thermal, cement, and steel power plants and chemical manufacturers in the region of AsiaPacific are expected to drive the growth of the market. Major players operating in the market include Elex AG, Mutares AG, ELEX AG, FLsmidth & Co. Feida Group Company Limited, KC Cottrell Co. Babcock & Wilcox Enterprises, Inc. B2B Tech News | 2 years ago
Australian shares opened higher. New Zealand tips
Assisted by domestic technology stocks that are likely to follow their international peers higher, Australian shares were set to edge higher on Friday
Assisted by domestic technology stocks that are likely to follow their international peers higher, Australian shares were set to edge higher on Friday. Exportfocused miners were set to put pressure on the benchmark due to falling commodity prices. The local share price index futures rose 0.1 percent, falling 83.9 points short of the S& P/ASX 200 indexs closing price. B2B Tech News | 2 years ago
Great Panther has completed the sale of the Guanajuato mining complex and the Topia mine in Mexico
The Guanajuato Mine Complex the GMC, the Topia mine, and the El Horcón and Santa Rosa projects are all owned by the Companys Mexican subsidiary, Mine
The Guanajuato Mine Complex the GMC, the Topia mine, and the El Horcón and Santa Rosa projects are all owned by the Companys Mexican subsidiary, Minera Mexicana El Rosario S.A. de C.V. MMR. The sale of MMR has been completed. Great Panther Minerals Metals Ltd. MMR shares were sold for US$3,450,000 and the proceeds were used to pay off all outstanding debt. Following the release of Samsung C&T U.K. Ltd.s security interest in the shares, GSilver took over all of the companys liabilities. B2B Tech News | 2 years ago
Umba purchases a 66.6 percent stake in Daraja, a Kenyan microlender
During April month, Umba raised $15 million in a Series A funding round led by VC firm Costanoa Ventures. The CBK believes the investment by Umba will
During April month, Umba raised $15 million in a Series A funding round led by VC firm Costanoa Ventures. The CBK believes the investment by Umba will strengthen Darajas business model with a particular focus on its digitalization efforts as it looks to provide anytime, anywhere services to its customers. Daraja Microfinance, Umba BankingTech, FinTech, LendTech News Africa, Kenya, Nigeria The company said at the time it would be looking to expand into Egypt, Ghana, and Kenya following the raise. B2B Tech News | 2 years ago
Global Markets Roundup US Futures Rise Amid Falling Stocks and Falling Oil in Asia
Asian shares rose alongside US futures on Friday. It was as tech stocks rallied and investors took comfort in the companys performance. MSCI Inc. Asia
Asian shares rose alongside US futures on Friday. It was as tech stocks rallied and investors took comfort in the companys performance. MSCI Inc. Asia Pacific Stock Index. rose about 0.5%, with Japan, China, and Hong Kong in the green. The S&P 500, Nasdaq 100, and European futures all rose after the S&P 500 was mostly unchanged. The dollar increased Treasuries held steady, holding the 10year yield at around 2.68%. The Bank of England announced its greatest interest rate hike in 27 years and warned of a protracted recession. Global stock indexes posted their third weekly gain to recover from a bear market, supported by steady U.S. corporate earnings. Investors are also watching the implications of House Speaker Nancy Pelosis visit to Taiwan. B2B Tech News | 2 years ago
ASX loses momentum, Australia records another trading surplus as Nasdaq revives
The ASX 200 fell one point nearly flat to 6,975. Todays best performers include Block +8.9pc, Pointsbet +11.6%, Imugene +10.9%, Life360 +9.6% and Bega
The ASX 200 fell one point nearly flat to 6,975. Todays best performers include Block +8.9pc, Pointsbet +11.6%, Imugene +10.9%, Life360 +9.6% and Bega Cheese +6.9 %. The Australian dollar was up 0.3% at 69.6 cents at 1615 AEST. Closing price The Nasdaq increased 2.6 percent to 12,668, its highest level since early May. The S& P 500 gained 4,155 points, while the Dow gained 1.3%. At the same time, oil prices fell, with Brent futures down 3.4% to $97 a barrel. B2B Tech News | 2 years agoGet The News to use newsletter to
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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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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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