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Kenya looks at US companies pushing China in deal with Biden

Kenya is vying to become the manufacturing hub for American companies seeking to relocate or diversify out of China in fresh trade talks Washington op

Kenya is vying to become the manufacturing hub for American companies seeking to relocate or diversify out of China in fresh trade talks Washington opened with Nairobi. US manufacturers operating in China are escalating decadelong plans to relocate production after being rattled by strict Covid19 lockdowns in April as well as May. Kenya has long sought a full free trade agreement with the US, and discussions started in August 2018 when President Uhuru Kenyatta visited the White House. The Biden administration has now given the green light for bilateral talks — which will form the benchmark for the rest of Africa — to restart. Read More..

B2B Tech News | 2 years ago

Mineral technology is developing in Spain after a major license renewal

The company owns the Aramo coppercobaltnickel project. St. Patrick said his license was extended for 3 years. The Asturmet project is part of an exten

The company owns the Aramo coppercobaltnickel project. St. Patrick said his license was extended for 3 years. The Asturmet project is part of an extensive portfolio of mineral resource projects targeting cobalt, copper, nickel, manganese, and lithium. Meanwhile, Technology Minerals geology group is planning an extensive exploration program under the St. Patrick license in the coming months. Read More..

B2B Tech News | 2 years ago

Groupon Coupon Finder lays off 500 employees, 15 % of workforce.

Groupon, an online retailer with headquarters in Chicago, has acknowledged that it has let go of more than 500 staff members. According to CEO Kedar D

Groupon, an online retailer with headquarters in Chicago, has acknowledged that it has let go of more than 500 staff members. According to CEO Kedar Deshpande, the company will be prepared to generate a positive cash flow by the end of 2022 as a result of the layoffs and reinvestment in marketing and initiatives. Over ten years after its initial launch, Groupon is also shuttering its Australia Goods division. Groupon is reducing its North American sales teams, according to Deshpande, in order to concentrate on selfservice merchant acquisition capabilities. Read More..

B2B Tech News | 2 years ago

CEOs and investors optimistic about the economy as Kenya decides

Business leaders are optimistic about the economy, according to surveys conducted before the presidential election. An analysis of the growth outlook

Business leaders are optimistic about the economy, according to surveys conducted before the presidential election. An analysis of the growth outlook on Kenya from 18 leading banks, consultancies, and thinktanks projects the economy will on average expand by 5.39% this year. This is despite a high inflation environment, which in July climbed to a 61month high of 8.3%. The Nairobi Securities Exchange added Sh65.30 billion in investor wealth over the last week through Monday, indicating elevated demand from retail investors. Kenyas economy has a history of slowing down during election years when firms put investment decisions on hold pending a return to normality on the political scene. During the last election in 2017, the economic growth slowed to 3.82 percent from 4.21% the year before. The aftermath of the deadly December 2007 presidential election dispute sank growth to 0.23% in 2008 from 6.85 percent in 2007. The same trend was witnessed in 1997 and 2002 after multiparty elections. Read More..

B2B Tech News | 2 years ago

CGI supports the Home Police technology portfolio.

CGI has been selected as a strategic delivery partner for the Home Departments portfolio of policing and public protection technologies.The consulting

CGI has been selected as a strategic delivery partner for the Home Departments portfolio of policing and public protection technologies.The consulting firm will now work to support the development of technology solutions for of the Governments digital transformation agenda. In July, the UK Government finally appointed Mike Potter as its Chief Digital Officer, taking up a position that was first advertised in 2019. CGI has signed a multimillion pound contract to provide services for the Home Offices Police and Public Protection Technology PPPT team. Under the contract, CGI will be an integral part of the team bringing its proven delivery expertise across Public Safety and Government. It will create an open and evolving value chain ecosystem of partners which include NTT DATA, Principle One and Infoshare as well as other SMEs and law enforcement specialists.CGI has signed a multimillion pound contract to provide services for the Home Offices Police and Public Protection Technology PPT pr Read More..

B2B Tech News | 2 years ago

Sacrifice Zone Myanmar Bears Green Energy Costs

Rare earth metals are indispensable in green energy applications that power wind turbines and automobile engines. However, AP investigations have foun

Rare earth metals are indispensable in green energy applications that power wind turbines and automobile engines. However, AP investigations have found that its use hides dirty industry secrets. Their costs are environmental destruction, land theft from villagers, and remittances to the militia. Abuse is likely to increase as demand for rare piles of earth increases with green energy. The AP survey links Myanmars rare metals supply chain to 78 companies. About twothirds of them did not want or did not want to comment on the source. Almost everyone said they care about environmental protection and human rights. The State Department, which oversees US supply security, did not respond to a request for comment. Read More..

B2B Tech News | 2 years ago

Cenntro Electric is Establishing a subsidiary called Cennatic for the production of advanced lithiumion batteries in North America

The leading electric vehicle company, which develops advanced and marketproven electric commercial vehicles, today announced the creation of a separat

The leading electric vehicle company, which develops advanced and marketproven electric commercial vehicles, today announced the creation of a separate operating unit and subsidiary in the United States to manufacture advanced lithiumion batteries. Electric commercial vehicles. The company leased 10,436 square meters 111,363 square feet of production facilities at the Aero Industrial Park in Monterrey, Mexico. Cennatic expects to complete installation of the production line by the end of 2022 and begin trial production in the first half of 2023. The strategic location of the new facility in Mexico will complement our strategy to ensure competitive manufacturing and expand our ability to open new assembly plants in existing customer markets. About Centro Elektra Group Read More..

B2B Tech News | 2 years ago

Amber Group brings its retail platform to Brazil

Amber Group, a Singaporebased company that primarily serves Asia with liquidity and marketmaking services, has expanded its retail trading business to

Amber Group, a Singaporebased company that primarily serves Asia with liquidity and marketmaking services, has expanded its retail trading business to Brazil. Since June, WhaleFin, a retail platform that enables users to buy, sell, and obtain loans in cryptocurrency, has been operating in Brazil. Michael Wu, the CEO of Amber Group, predicted that it would expand once the nation approved a special regulatory framework for cryptocurrencies. On Twitter, follow CoinDesk Brazil. Read More..

B2B Tech News | 2 years ago

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