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Kenya concludes deal for cheaper Saudi fuel

Starting in August, Kenyas stateowned National Oil Corporation of Kenya will begin importing fuel at a discount from Saudi Arabia through a government

Starting in August, Kenyas stateowned National Oil Corporation of Kenya will begin importing fuel at a discount from Saudi Arabia through a governmenttogovernment agreement. Although the contracts duration is still unknown, Nock plans to redesign its nationwide network. A liter of super and diesel currently costs Sh159.12 and Sh140 in Nairobi, respectively, as Kenya struggles with recordhigh pump prices. The increase in the price of crude at the global level following supply disruptions has led to high prices. Read More..

B2B Tech News | 2 years ago        

Australian millennials are catching up with baby boomers, new ABS data shows

Australias millennial generation is becoming the nations largest, displacing the postwar baby boomers. Census data released on Tuesday from the latest

Australias millennial generation is becoming the nations largest, displacing the postwar baby boomers. Census data released on Tuesday from the latest census shows a diminishing number of boomers compared with the 2016 survey. The national population as of 2021 grew by about 2 million people to 25.4 million. More than 11m new private dwellings were added to Australias population in the last census, with almost 1m people living in them. Christianity remains the nations most prevalent religion, but the figure has fallen from more than 60% a decade earlier. More than half a million Australians have served in the Australian defense force. Read More..

B2B Tech News | 2 years ago        

AfDB approves the establishment of the African Pharmaceutical Technology Foundation

More than 70% of the medicines that Africa requires are imported, costing the continent $14 billion annually. African pharmaceutical firms lack the sc

More than 70% of the medicines that Africa requires are imported, costing the continent $14 billion annually. African pharmaceutical firms lack the scouting and negotiating skills to work with multinational pharmaceutical firms. Recently, 35 companies agreed to a license agreement with Merck to manufacture the COVID19 drug Nirmatrelvir. Worldclass experts in pharmaceutical innovation and development, intellectual property rights, and health policy will work for the African Pharmaceutical Technology Foundation. To advance and represent the interests of the African pharmaceutical industry with international and other Southern pharmaceutical companies, it will serve as an open intermediary. Read More..

B2B Tech News | 2 years ago        

Qatars energy will reduce all emissions by 2030 as methane traffic increases

Methane is the second most polluting gas after carbon dioxide and is much stronger than CO2. Methane is responsible for a quarter of global climate ch

Methane is the second most polluting gas after carbon dioxide and is much stronger than CO2. Methane is responsible for a quarter of global climate change. Qatar Energy joined the initiative in March this year, launched by 12 other large oil and gas companies. Natural gas, primarily methane, is the backbone of Qatars economy. This small country, along with Iran, controls the largest underwater gas field in the world. Methane leaks from oil and gas companies are not only harmful to the environment but are considered natural gas waste. Read More..

B2B Tech News | 2 years ago        

Speechmatics raises 50 million pounds for expansion in the US and Asia

Speechmatics raised $ 62 million £ 50.3 million in a Bseries run by software company Susquehanna Growth Equity. The capital also came from former inv

Speechmatics raised $ 62 million £ 50.3 million in a Bseries run by software company Susquehanna Growth Equity. The capital also came from former investors AlbionVC and IQ Capital. Users of the platform include Deloitte UK, 3Play Media, and Veritone. Jonathan Klahr, Managing Director of Susquehanna Growth Equity, said We started monitoring Speechmatics when our portfolio company repeatedly said that Speechmatics would surpass any other version, including the Big Tech player version, over and over again. Read More..

B2B Tech News | 2 years ago        

Spero Therapeutics, Inc. investors who have suffered losses are urged by ROSEN, a leading investor lawyer, to seek legal representation before a crucial deadline in a securities class action

Rosen Law Firm reminds purchasers of the securities of Spero Therapeutics, Inc. between October 28, 2021, and May 2, 2022, of the importance of than J

Rosen Law Firm reminds purchasers of the securities of Spero Therapeutics, Inc. between October 28, 2021, and May 2, 2022, of the importance of than July 25, 2022 lead plaintiff deadline. A classaction lawsuit has already been filed. Rosen Law Firm was ranked #1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017. In 2019 alone, the firm was awarded more than $438 million to investors. Many of the firms lawyers are recognized by Lawdragon and Super Lawyers. An investors ability to participate in a potential future takeover does not depend on whether they are the lead plaintiff you can remain an absent member of the group. Read More..

B2B Tech News | 2 years ago        

Mark Carney of Brookfield discusses the businesss latest $15 billion bet on the transition to sustainable energy

Brookfield Asset Management announced last week that it has raised a record $ 15 billion as the first global transition fund. It is the worlds largest

Brookfield Asset Management announced last week that it has raised a record $ 15 billion as the first global transition fund. It is the worlds largest private fund dedicated to the transition to Net Zero and demonstrates investors ongoing commitment to building a clean portfolio. Some blame the trend toward ESG investing for high energy inflation, but Brookfield cochair Mark Carney says he disagrees with this criticism. Mark Carney is cohead of Brookfields Global Transition Fund. He explains whats driving inflation in gas prices and energy costs. Carney also weighs in on the state of U.S. monetary policy after the Federal Reserves decision to keep interest rates unchanged. Read More..

B2B Tech News | 2 years ago        

Siemens Egypt, AlAttal, and Sigma Build NACs First Residential Complex That Works with AI and the Metaverse

To build the first residential complex in the New Administrative Capital, Siemens Egypt signed an agreement with AlAttal Holding and Sigma for Smart C

To build the first residential complex in the New Administrative Capital, Siemens Egypt signed an agreement with AlAttal Holding and Sigma for Smart Cities NAC. This will be accomplished by developing an electronic platform that helps with energy conservation, fault prediction, and operating error management. Data and information are analyzed through the central control room, and metaverse technology will handle remote operation and maintenance. 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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