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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        

Drills Market for Oil & Gas Industry Applications to Witness an Impressive CAGR of 5.5% by 2028

Drills used in the oil and gas industry market is expected to reach USD 14,218.2 million in 2021, growing at a CAGR of 5.5% during the forecast period

Drills used in the oil and gas industry market is expected to reach USD 14,218.2 million in 2021, growing at a CAGR of 5.5% during the forecast period. The report titled Drill Bits for Oil and Gas Industry provides a basic industry overview. The growing demand for petroleum products is expected to drive the market expansion due to the increase in crude oil production. According to the U.S. According to the Energy Information Administration EIA, global consumption of liquid fuel and oil averaged 94.3 million barrels per day in August 2020. Increasing onshore drilling activity is expected to support the growth of the drill bit market. Read More..

B2B Tech News | 2 years ago        

Vodacom Group expects service revenue to grow 3.0% in Q2 revenue.

Vodacom Group maintained solid results in the first quarter despite financial market turbulence caused by the COVID19 and RussiaUkraine conflict and u

Vodacom Group maintained solid results in the first quarter despite financial market turbulence caused by the COVID19 and RussiaUkraine conflict and uncertainty surrounding the global economic recovery. Inflation continues to accelerate in most markets where we do business, meaning the cost of living has risen. Safaricom Groups firstquarter revenue rose 5.2 percent to 26.1 billion won. Our operating income growth was supported by 10.4% growth in our international portfolio and 9.3% growth in financial services. Growth in financial services has been slowed by Tanzanias mobile money tax Read More..

B2B Tech News | 2 years ago        

Silverback Therapeutics merges with San Diegobased biotechnology company developing EpiPen alternative

Seattlebased Silverback Therapeutics will merge with ARS Pharmaceuticals in San Diego. The combined company will focus on regulatory approval and mark

Seattlebased Silverback Therapeutics will merge with ARS Pharmaceuticals in San Diego. The combined company will focus on regulatory approval and marketing of ARS epinephrine nasal spray. In March, Silverback reported disappointing clinical data for solid tumors and discontinued its oncology program. ARS plans to file an NDA New Drug Application with the US Food and Drug Administration FDA in the third quarter of this year. If the spray is approved, it aims to launch the product in 2023. Silverback has developed a therapy based on the ImmunoTAC platform. Read More..

B2B Tech News | 2 years ago        

Portugal and Switzerland launched hydroelectric power stations with a capacity of more than 2 GW

Iberdrola opened the Tâmega Gigabattery hydroelectric plant in Portugal and a similar facility in Switzerland. These systems are also called water ba

Iberdrola opened the Tâmega Gigabattery hydroelectric plant in Portugal and a similar facility in Switzerland. These systems are also called water batteries because they are designed to add more than 2 GW in total to Europes energy storage capacity. Iberdrolas Tâmega Gigabateria has a capacity of 40 GW/h, equivalent to the electricity demand of 11 million people in 24 hours. It took 14 years to build the NantesDrans hydroelectric plant in Switzerland. Read More..

B2B Tech News | 2 years ago        



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