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Nigerian Debt Crisis Alternative Financing Options for Nigerians

In the first quarter of this year, Nigerias debt situation deteriorated. By March 2022, the nations total debt had increased by N2.04 trillion to N41.

In the first quarter of this year, Nigerias debt situation deteriorated. By March 2022, the nations total debt had increased by N2.04 trillion to N41.60 trillion. decreased from N17.46 trillion to N19.91 trillion, the total amount borrowed from the Central Bank of Nigeria. Nigerias debt service expenses in the first four months of this year were greater than its income. Experts advise looking into alternative forms of financing. Infrastructure can be financed in several ways, including by expanding the tax base to generate more revenue, printing more money, forming publicprivate partnerships, and luring foreign direct investment. Read More..

B2B Tech News | 2 years ago        

Germany is reducing the tax on electricity bills for homes

The gasoline sales tax will be reduced from 19% to 7%. As long as the levy is assessed, the reduced rate will be in effect. The price cap is now antic

The gasoline sales tax will be reduced from 19% to 7%. As long as the levy is assessed, the reduced rate will be in effect. The price cap is now anticipated to exceed £4,200 in January, further taxing household finances. Germany had been in discussions with the EU to find a way to lessen the financial burden. The FTSE 100 has increased as commodity shares have been on the rise. Gains were constrained by worries that the Bank of Englands rapid tightening of policy would start a recession. In a copper smelter in northern Quebec, Glencore Plc will invest C$520m £335m. Read More..

B2B Tech News | 2 years ago        

Koolboks closes a $2.5 million seed round led by Aruwa Capital

Koolboks, a sustainable refrigeration company that provides affordable cold storage solutions to African businesses, has closed its $2.5 million fundi

Koolboks, a sustainable refrigeration company that provides affordable cold storage solutions to African businesses, has closed its $2.5 million funding round. The round was led by Aruwa Capital Management and brought together acumen, Blue Earth Capital, All On, GSMA and other investors. This brings the companys total investment to date to $3.5 million. In Africa, there are significant levels of spoilage, particularly in the food and pharmaceutical industries, due to grid instability and lack of power. This investment will enable the company to achieve the next level of growth and expand globally over the next few years. In line with Aruwas genderfocused investment strategy, KoolBoks was cofounded by women, with 67% of its executives being women and 73% of its B2C customers being women. Read More..

B2B Tech News | 2 years ago        

Parisbased Koolboks has closed a $2.5 million seed round to expand solar cooling in Africa.

Africas electricity supply is erratic and unsustainable, affecting both rural and urban households and businesses. Koolboks refrigerators use Africas

Africas electricity supply is erratic and unsustainable, affecting both rural and urban households and businesses. Koolboks refrigerators use Africas abundant solar power to keep them cold for up to 4 days when there is no power. The Frenchbased, Africanbased startup is targeting business owners in new markets, namely Africas offline and emerging markets. Payasyougo technology allows consumers to pay for their refrigerators in monthly, weekly, or daily installments. They pay by mobile phone or through a POS agent near their stores they receive tokens that are entered as codes in the refrigerator. The company currently sells in 18 countries, 13 of which are in SubSaharan Africa. Read More..

B2B Tech News | 2 years ago        

3D Technology Market by Application and Geography Forecast and Analysis 20222026 49% Growth from North America

From 2021 to 2026, the 3D Technology Square reached 2187.71 billion. Increases to the dollar. In 2022, YOY growth rate is estimated at 18.52%. Charles

From 2021 to 2026, the 3D Technology Square reached 2187.71 billion. Increases to the dollar. In 2022, YOY growth rate is estimated at 18.52%. Charlestonbased Ralph H. Johnson VA Medical Center has filed for FDA approval for its 3Dprinted hearing aids. Stryker acquires Wright Medical, specialist in 3D printed wrist implants. ION Geophysical Corporation announced that it has awarded a Gem Wide Azimuth 3D procurement contract in the Mediterranean Sea. It is expected that such events will increase the growth of the market during the forecast period. Read More..

B2B Tech News | 2 years ago        

Singapore medical startup MiyaHealth gets more funding for Southeast Asia

MiyaHealth has received private equity investment from HealthXCapital, Central Capital Ventura and SEEDS Capital. The startup offers two technology pl

MiyaHealth has received private equity investment from HealthXCapital, Central Capital Ventura and SEEDS Capital. The startup offers two technology platforms MiyaPatient, a navigation platform that helps patients manage chronic conditions, and MiyaPayor, which combines AIbased claim processing and predictive analytics. More than 3,000 healthcare providers and more than 12,000 doctors have used the platform. BIG TREND This is in addition to the $4.8 million raised in the preseries A round earlier this year. Read More..

B2B Tech News | 2 years ago        

South America Aircraft MRO Market Growth, Size, Share, Revenue, Cost Structure and Forecast to 2028

According to the predictions and analyses made by the three largest aircraft manufacturers, Boeing, Airbus, and Embraer, the aviation industry in Sout

According to the predictions and analyses made by the three largest aircraft manufacturers, Boeing, Airbus, and Embraer, the aviation industry in South America will play a significant role in the future. The Brazilian defence industry is heavily capitalising on the acquisition of a fleet of modern aircraft, which calls for expanded MRO operations. From 2021 to 2028, the South American aircraft MRO market is anticipated to expand at a CAGR of 2.1%. Important market characteristics Key market characteristics such as revenue, price, capacity, capacity utilisation rate, gross, production rate, consumption, market share, and gross margin are evaluated in the study. Read More..

B2B Tech News | 2 years ago        

Nilfisk reports Q2 2022 results momentum continued with 5.5% growth, driven primarily by 9.4% organic growth in Europe for our professional business

Nilfisk releases Q2 2022 financial data. The Professional Business continued to grow at a reported 5.5%, principally due to 9.4% organic growth in Eur

Nilfisk releases Q2 2022 financial data. The Professional Business continued to grow at a reported 5.5%, principally due to 9.4% organic growth in Europe. Despite being hampered by a tornado at the end of March, Americas also increased revenue in the second quarter. When compared to Q2 2021, EBITDA before exceptional items fell by 7.4 mEUR, resulting in an EBITDA margin of 12.7%. Increased inflations negative effects on raw materials and component prices as well as high freight charges contributed to the reduction. 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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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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