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Edo sees a rise in tech startups

On the strength of investments in digital infrastructure and reforms to ensure the growth of businesses in the state by the Governor Godwin Obasekiled

On the strength of investments in digital infrastructure and reforms to ensure the growth of businesses in the state by the Governor Godwin Obasekiled administration, Edo State is witnessing an increase in the number of tech startups and a boom in entrepreneurial activities. The state is being repositioned to establish itself as the top startup ecosystem in all of Africa. Growth depends on the governments dedication to leveraging the states young population while utilizing technology to promote economic growth and development. Read More..

B2B Tech News | 2 years ago        

Illovo Sugar Malawi enables ESCOM on energy consumption

Illovo Sugar Malawi has launched an initiative by the Electricity Supply Corporation of Malawi ESCOM to reduce its electricity needs during peak perio

Illovo Sugar Malawi has launched an initiative by the Electricity Supply Corporation of Malawi ESCOM to reduce its electricity needs during peak periods. The company changes its watering schedules to use more electricity during offpeak periods. By changing irrigation practices, Illovo has currently reduced its offpeak electricity demand by 4 MW. Executive Director of Lekani Katandula said her decision to work with ESCOM was guided by her goal to create a thriving Malawian community by providing affordable food and energy. Read More..

B2B Tech News | 2 years ago        

The rebound strengthens as Wall Street roars

The Australian stock markets tentative recent recovery looked set to accelerate after Wall Street capped a strong comeback week with its biggest rise

The Australian stock markets tentative recent recovery looked set to accelerate after Wall Street capped a strong comeback week with its biggest rise in two years. The S&P 500 put on between 2.7 and 3.3 percent as falling commodity prices and signs of a slowdown soothed rates worries. Australias ASX futures surged 103 points or 1.59 percent. Wall Streets main indices put on between 2.7 and 3.3 percent as falling commodity prices and signs of a slowdown soothed rates worries. Australian outlook. Read More..

B2B Tech News | 2 years ago        

It is an extension, not a modification. Odunayo Eweniyi changed the Abeg tag to Pocket

Abeg, a Nigerian social payments startup, has announced that it has received approval in principle AIP from the Central Bank of Nigeria. Subject to me

Abeg, a Nigerian social payments startup, has announced that it has received approval in principle AIP from the Central Bank of Nigeria. Subject to meeting certain regulatory requirements, the startup should obtain the license. The company also changed its name to Pocket by Piggyvest Pocket. General approval from mobile operators is an important milestone for the company. Users can pay airtime and TV bills and save with the parent company, Piggyvest. The company will face a steep learning curve as no one appears to have breached ecommerce in Nigeria. Read More..

B2B Tech News | 2 years ago        

Gotion HighTech intends to invest in a production base in Europe with an annual production capacity of 18 GWh

Gotion HighTech held the 5th New Energy Economic Forum and the opening ceremony of Gotion Germany at its base in Göttingen. The base is expected to s

Gotion HighTech held the 5th New Energy Economic Forum and the opening ceremony of Gotion Germany at its base in Göttingen. The base is expected to start the transformation by the end of this year. An annual production target of 18GWh will be achieved after the brownfield and greenfield plants of the base are fully put into operation. The first portable energy storage device for foreign markets is manufactured onsite in Göttingen. In the future, it aims to cover customers in the energy storage, commercial vehicles, and passenger cars sectors. At the opening ceremony, the base released Gendock 3000, the first largecapacity portable mobile energy storage device. It can convert solar energy and wind energy into electricity it also meets 99% of household energy needs. Read More..

B2B Tech News | 2 years ago        

The company that bought Trumps social networking app is facing lawsuits

Digital World Acquisition Corp. The truth began an investigation by a highranking federal jury that could block or impede the acquisition of social ap

Digital World Acquisition Corp. The truth began an investigation by a highranking federal jury that could block or impede the acquisition of social applications of Donald Trumps new Business. Digital World is a company specialized in procurement or SPAC that is part of an investment phenomenon that has become fashionable in the last two years. The probe could make it more difficult for Trump to finance his social media company. Digital Worlds board of directors has been subpoenaed by a New York grand jury and the Securities and Exchange Commission. Such blankcheck companies are empty corporate entities with no operations but promise to buy businesses in the future. Read More..

B2B Tech News | 2 years ago        

WFP Rising costs of agricultural imports could exacerbate food insecurity in West Africa

The cost of imported agricultural inputs for West African nations is rising, which has been lamented by the United Nations World Food Program. The cir

The cost of imported agricultural inputs for West African nations is rising, which has been lamented by the United Nations World Food Program. The circumstance could exacerbate food insecurity in a region that is already dealing with the highest postharvest season food insecurity rate since the introduction of the Cadre Harmonisé food security assessments in 2014. To ensure that all parties would cooperate in a coordinated manner, the UN would strengthen its partnership with ECOWAS and intergovernmental organizations. Read More..

B2B Tech News | 2 years ago        

Global Wafers of Taiwan invests $ 5 billion in new Texas silicon chip plant

Global Wafers Co Ltd in Taiwan will spend $ 5 billion on a new plant in Texas to manufacture silicon wafers used in semiconductors. The company said l

Global Wafers Co Ltd in Taiwan will spend $ 5 billion on a new plant in Texas to manufacture silicon wafers used in semiconductors. The company said late on Monday the new plant would start being built later this year and generate as many as 1,500 jobs in Sherman, Texas. Taiwans GlobalWafers said in February it expected capital expenditure to reach T$100 billion $3.4 billion between 2022 and 2024, redirecting funds for a nowended 4.35billioneuro $4.60 billion takeover of Germanys Siltronic. The deal would have created the secondlargest maker of 300millimeter wafers, behind Japans ShinEtsu, as the semiconductor industry consolidates. Europe has become wary of changes to its hightech supply network after carmakers were hit by a global chip shortage. 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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