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Orange and Bboxx Provide clean energy to 150,000 people in the DRC

Bboxx, a PanAfrican superplatform providing access to essential products and services, and Orange Telecom have partnered to launch a new minigrid proj

Bboxx, a PanAfrican superplatform providing access to essential products and services, and Orange Telecom have partnered to launch a new minigrid project in the Democratic Republic of Congo DRC. Less than 10% of the population in the DRC has access to electricity, making it the country with the massive number of people without access in Africa after Nigeria. Bboxx aims to connect more than 600 households in Bukavu by the end of 2022 and is partnering with the national energy agency to participate in a subsidy program for lowincome customers. The DRC is the first of many minigrids in Africa as part of Bboxxs Connected Community program, which aims to electrify 1 million customers across the continent within the next five years. The company plans to launch 24 additional minigrid projects with Orange across the DRC over the coming months, electrifying 150,000 people by 2024. Read More..

B2B Tech News | 2 years ago        

Rakuten Shares Rise 2% on Progress in Listing Bank Units

Shares of Japanese group Rakuten Group Inc rose 2% on Tuesday, a day after the ecommerce company announced it had applied to list its online banking d

Shares of Japanese group Rakuten Group Inc rose 2% on Tuesday, a day after the ecommerce company announced it had applied to list its online banking division on the Tokyo Stock Exchange. Rakuten announced plans for an initial public listing last September as it grappled with the cost of building a cellular network and competing with Amazon.com Inc. Its shares hit an alltime low in more than a decade last month. The benchmark Nikkei 225 index was up 1% in morning trading. Read More..

B2B Tech News | 2 years ago        

The startup makes green water from scratch and sells it for Rs 4 per liter

According to the UNICEF humanitarian aid agency, more than half of India does not have access to drinking water. Excess fluoride in India affects tens

According to the UNICEF humanitarian aid agency, more than half of India does not have access to drinking water. Excess fluoride in India affects tens of millions of people in 19 states. The Cleantech startup Uravu extracts from the air and produces 20100 liters of water per day. Renewable water costs around 6 lei per liter, just like mineral water. The beverage industry uses over 1.5 trillion liters of water each year, the equivalent of 20% of human drinking water needs. Uravu Labs helps beverage brands such as AB InBev, CocaCola, Radico Khaitan, Kirin Holdings and Suntory extract water from the air through flavor technology. Read More..

B2B Tech News | 2 years ago        

ITC, HUL, ICICI Bank Sensex accepts up to 327 points comfortable tops 15800 metal casting

HUL, Britannia Industries, IndusInd Bank, ITC, Power Grid and ICICI Bank were the biggest winners in the package index of 50. ONGC, Tata Steel, TCS, J

HUL, Britannia Industries, IndusInd Bank, ITC, Power Grid and ICICI Bank were the biggest winners in the package index of 50. ONGC, Tata Steel, TCS, JSW Steel and Cipla lagged behind. In Asia, Nikkei in Japan rose 0.8% and KOSPI in Korea rose 0.22%. TCS, Tata Groups IT services and consulting division, will announce its results on Friday, July 8th. European markets are closed today on Independence Day. Read More..

B2B Tech News | 2 years ago        

YAP digital banking startup raises $ 41 million to expand in Saudi Arabia

The YAP digital bank in the United Arab Emirates announced on Monday that it has raised funds of 41 million dollars. To date, investors include Aljazi

The YAP digital bank in the United Arab Emirates announced on Monday that it has raised funds of 41 million dollars. To date, investors include Aljazira Capital, Abu Dawood Group, Astra Group and Audacia Capital of Saudi Arabia. YAP will use these funds to expand its business in Saudi Arabia, Egypt, Pakistan and Ghana. According to CEO Hachem, YAP is focusing on the remittance market for Pakistani workers in the Persian Gulf, which sends billions of dollars home every year. Together with the bank, we will submit an application to the central bank Read More..

B2B Tech News | 2 years ago        

Senegalese agricultural technology startup Afrikamart raised $ 850,000 in startup funding

Afrikamart, a Senegalese startup that uses digital technology to transform the value chain of fresh produce, has raised $850,000 from large venture

Afrikamart, a Senegalese startup that uses digital technology to transform the value chain of fresh produce, has raised $850,000 from large venture capital firms such as BLOC Smart Africa. Bloc Smart Africa is a fund managed by Bamboo Capital Partners, Orange Ventures, Launch Africa and Teranga Capital. Lasina Kone, CEO of Smart Africa, said We welcome BLOC Smart Africas investment in Afrikamart, a Senegalese startup. Read More..

B2B Tech News | 2 years ago        

Asian funds avoid falling futures on Wall Street

Asian stock markets are cautious as weak US data indicates declining risks for the June earnings report this week. Although the initial reaction of th

Asian stock markets are cautious as weak US data indicates declining risks for the June earnings report this week. Although the initial reaction of the US market to the holidays has diminished, security aspirations have kept the US dollar close to the highest level in 20 years. The S&P 500 and Nasdaq futures fell 0.4% after a slight correction on Friday. Investor demand for the most liquid refuge has generally supported the US dollar more than its rival basket at 105.04 for nearly two decades. The minutes of the Feds June policy meeting on Wednesday sounded almost ominous. The market expects 85% chance of further growth this month and 3.25 ~ 3.5% by the end of the year. Read More..

B2B Tech News | 2 years ago        

Tribe targets small and mediumsized businesses in Latin America using blockchain, crypto

According to Vantage Market Research, the global crossborder payments market is expected to reach $ 23 billion by 2028. San Franciscobased Fintechbase

According to Vantage Market Research, the global crossborder payments market is expected to reach $ 23 billion by 2028. San Franciscobased Fintechbased Tribal companies now see tremendous opportunities for payment services. The blockchain technology that underlies many cryptocurrencies is being adopted more quickly in emerging markets, such as the Middle East and Africa. The company currently operates in approximately 26 countries, including Mexico, Brazil, Colombia, Peru and Chile. The Elcastawi tribe said There are many opportunities for countries like Mexico and other Latin American countries to adopt new technologies. With approximately 62 million small and mediumsized businesses trading globally, Latin America is a $ 175 billion market opportunity. Read More..

B2B Tech News | 2 years ago        



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