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FinTech solves banking bottlenecks and empowers unbanked Egypt with mobile technology.

Until recently, transfers between accounts in Egypt could take up to three days. The North African countrys high proportion of cashrich and unbanked p

Until recently, transfers between accounts in Egypt could take up to three days. The North African countrys high proportion of cashrich and unbanked populations still limits financial inclusion. Frans van Ersel, CEO of FinTech startups focused on the Middle East and North Africa, addresses this issue headon. Thunders digital investment platform offers unbanked individuals in Egypt and the wider MENA region the ability to invest in a variety of stocks, bonds, and funds through a mobile app. Company founder Saif Amr said the company can now open accounts for employees and beneficiaries and make payments in realtime, including on weekends and holidays. It means you can onboard an employee in seconds. Read More..

B2B Tech News | 2 years ago        

Kenya rejects proposed port deal with Dubai

Kenya has rejected the commitments made to Dubai Port DP World in a July tender. The four ports in the nation were to be developed, operated, and mana

Kenya has rejected the commitments made to Dubai Port DP World in a July tender. The four ports in the nation were to be developed, operated, and managed by the UAEbased company. In an agreement signed between the two states, Kenya agreed to give DP World preference. When the government floated an international competitive tender to concession the second container terminal in Mombasa in 2014, DP World first entered the fray in Kenya. Lamu Port has the potential to act as a regional hub for foreign investors but has not yet announced any port management tenders. Read More..

B2B Tech News | 2 years ago        

Coalition amendments to allow renewable energy companies to fund fossil fuel projects to be phased out

The Australian Renewable Energy Agency Arena will no longer be able to finance some fossil fuel developments. The change comes as negotiations continu

The Australian Renewable Energy Agency Arena will no longer be able to finance some fossil fuel developments. The change comes as negotiations continue on a bill that would reduce greenhouse gas emissions by 43% by 2030. Greens leader Adam Bandt said he was disappointed that Anthony Albanian News Corp. said the ban on new Australian coal and gas mines would increase global emissions. The Australian government has changed the mandate of its renewable energy agency, Arena, to avoid funding new coal and gas projects. It is the third time that the coalition has tried to change Arenas mandate the two previous attempts have been blocked in the Senate. Bandt said the prime minister used the same procoal talking points as his predecessor Scott Morrison. Read More..

B2B Tech News | 2 years ago        

Indian tech companies meet with lawmakers. Gaming investors are eyeing the status quo on GST

The founders and CEOs of several Indian internet companies, including Flipkart, Ola, Zomato, Swiggy, Makemytrip, and others, met with a parliamentary

The founders and CEOs of several Indian internet companies, including Flipkart, Ola, Zomato, Swiggy, Makemytrip, and others, met with a parliamentary panel on Thursday to discuss anticompetitive practices by bigtech companies. The Committee on Finance is planning a similar meeting with global tech companies for the following week. Startups have long complained about Googles inapp purchase billing policy, which requires platforms to pay a 30 percent fee to Google. Top executives, startup founders, and CEOs of Indian internet companies such as Flipkart, Paytm, Oyo Hotels & Homes, Ola, Zomato, Swiggy, Makemytrip, and others met with a powerful parliamentary panel on Thursday to discuss anticompetitive practices by bigtech companies, which was presided over by former BJP state minister of finance Jayant Sinha. Read More..

B2B Tech News | 2 years ago        

As lenders increase, so does the Australian market

The Australian S & P / ASX200 benchmark rose 0.52% to 6,794.28. The broader All Ordinaries Index added 43.18 points r 0.62% to 7,018.40. Australian an

The Australian S & P / ASX200 benchmark rose 0.52% to 6,794.28. The broader All Ordinaries Index added 43.18 points r 0.62% to 7,018.40. Australian and New Zealand banks led the group after announcing the purchase of Suncorps banking arm for AU $ 4.9 billion. Shares of Woodside Energy fell 4.4% after cutting the manufacturing outlook for the year. Santos shares fell 1.9% after the company cut the top of its lead. ANZ rose 2.2%, while Commonwealth Bank of Australia and Westpac Banking Corp gained 1.7% and 1.5% respectively. Read More..

B2B Tech News | 2 years ago        

Kenya shuts down Tanzanias presidential gas plant

Kenya has withdrawn the plan of a Tanzanian billionaire to build a gas plant and a storage facility in the port of Mombasa. Energy regulators have rej

Kenya has withdrawn the plan of a Tanzanian billionaire to build a gas plant and a storage facility in the port of Mombasa. Energy regulators have rejected a request for Taifa Gass 30,000tonne gas processing plant, owned by tycoon Rostam Aziz, because of environmental risks. The regulator has published technical details for an investment proposed by Africa Gas and Oil Ltd, based in Tanzania. Private companies have tried to take advantage of Kenyas growing use of cooking gas without investment from stateowned enterprises. Read More..

B2B Tech News | 2 years ago        

CDC approves Novavax Covid19 vaccine for adults, says vaccine will be available in coming weeks

According to CDC data, as many as 37 million adults in the United States are still unvaccinated. Novavaxs Covid19 vaccine will be made available to th

According to CDC data, as many as 37 million adults in the United States are still unvaccinated. Novavaxs Covid19 vaccine will be made available to the public in the coming weeks. The Biden administration has secured 3.2 million doses so far, according to the Department of Health and Human Services. It is not known how many of those who are not vaccinated will choose to be vaccinated. Novavaxs vaccine appears to elicit a strong immune response against Omicron and its subvariants, which would indicate that it is effective against the variant. FDA officials reported four cases of myocarditis and pericarditis — swelling of a membrane surrounding the heart — during a Novavax clinical trial. The CDC has found that Covid infection carries a greater risk of heart inflammation than vaccination with injections from Pfizer or Moderna. Read More..

B2B Tech News | 2 years ago        

Contentsquare closes a $ 600 million weekly round because customers require digital analysis

Contentsquare is a platform that allows companies to track online customer behavior to develop digital strategies. It has 17 offices worldwide and mor

Contentsquare is a platform that allows companies to track online customer behavior to develop digital strategies. It has 17 offices worldwide and more than 1,000 corporate clients, including BMW, Giorgio Armani, Samsung, Sephora, and Virgin Atlantic. Today, the company announced the closure of a $ 600 million Series F round, valued at $ 5.6 billion. Contentsquare uses algorithms to analyze digital interactions and extract insights that help companies better understand their customers. The company’s technology records user interactions on web pages and apps and makes recommendations that help the company make content decisions. More than a million websites in all industries worldwide use the platform with annual returning revenue in the a few hundred million dollars. 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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