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Germanys largest gas importer has exceeded its credit limit

Uniper, one of Germanys largest energy suppliers, has benefited from the German stateowned banks € 2 billion credit line. The company has been losin

Uniper, one of Germanys largest energy suppliers, has benefited from the German stateowned banks € 2 billion credit line. The company has been losing tens of millions of euros every day since Russia stopped supplying gas to Germany last month. Nord Stream 1, which connects Germany and Russia, is closed for annual maintenance. The Russian state gas giant Uniper, based in Düsseldorf, acted as an intermediary between Gazprom and its German factories and municipalities and had to compensate for the shortage of fuel in Russia by providing alternative fuels at much higher prices. Repairs to the Nord Stream 1 line are scheduled for Thursday, although experts have already done so. Read More..

B2B Tech News | 2 years ago        

N2Growth is expanding its operations in Asia and opening a representative office in South Korea

N2Growth opens a location in South Korea as part of its expansion into Asia. A financial services executive is appointed by the company to lead the Se

N2Growth opens a location in South Korea as part of its expansion into Asia. A financial services executive is appointed by the company to lead the Seoul office as a managing partner. Gene W. Oh is the companys managing partner and country head and reports directly to Kelli Vukelic, the CEO. The establishment of a new office in Seoul broadens N2Growths geographic reach and talent pool in Asia. The company established a location in Singapore in 2021 with the goal of serving customers in Southeast Asia. Gene Oh is the American Chamber of Commerce Koreas executive director AMCHAM. Read More..

B2B Tech News | 2 years ago        

Infinity Egypt has become the largest renewable energy company in Africa

Egypts Infinity Group will become Africas largest renewable energy company when it acquires Lekela Power. The proposed acquisition includes a 1gigawat

Egypts Infinity Group will become Africas largest renewable energy company when it acquires Lekela Power. The proposed acquisition includes a 1gigawatt portfolio of operational wind power projects in Egypt, Senegal, and South Africa. Installed renewable energy capacity in Africa is expected to grow from over 54 gigawatts in 2020 to over 530 gigawatts by 2040. Infinity, which provides solar, wind, and wastetoenergy power solutions for homes, companies, and cities across Egypt, is to be bought by Actis Energy Infrastructure from South African firm Lekela. Actis and Mainstream Energy Infrastructure have invested in more than 70 renewable energy projects to date, generating approximately 11 gigawatts of renewable energy globally. The two companies aim to double the capacity of their joint operating assets over the next four years, which stands at 1.4 gigawatts after the acquisition of Lekelas 624MW wind farm in South Africa. Read More..

B2B Tech News | 2 years ago        

The Canadian government is investing more than $ 8.7 million to help farmers adopt clean technologies to reduce greenhouse gas emissions

The 28 new projects under the Agricultural Clean Technologies ACT programme were announced by Minister of Agriculture and Food MarieClaude Bibeau. The

The 28 new projects under the Agricultural Clean Technologies ACT programme were announced by Minister of Agriculture and Food MarieClaude Bibeau. The adoption of clean technologies in Canada will be helped by this $8.7 million initiative. Three main areas will be the focus of the fund. bioeconomic solutions, practical agriculture, green energy, and energy efficiency. Changes in fuel and lower fuel usage are anticipated to result in a 0.8 megaton reduction in current pollution levels. Read More..

B2B Tech News | 2 years ago        

The EU wants to block Switzerland

Europeans move their assets to Switzerland for a variety of reasons, including high inflation in the EU region and geopolitical unpredictability. Swit

Europeans move their assets to Switzerland for a variety of reasons, including high inflation in the EU region and geopolitical unpredictability. Switzerlands banks are prohibited from actively seeking out customers in Europe unless they have a branch there. Germany has made a special exception, granting a socalled exemption to banks from third countries, including Switzerland. Many organizations, including private banks and independent wealth managers, do not find it economically feasible to open a second location in Italy or France. In favor of their banks, the EU nations that have taken this protectionist stance If a similar procedure is implemented in other nations, it would be a harsh judgment for many Swiss private companies if Switzerland only plays a secondary role in the French market Read More..

B2B Tech News | 2 years ago        

PTC India has partnered with 5 technology companies

PTC India has contracts in place with 5 tech firms. Memorandums of Understanding MoUs have been signed with Hexagon, Greenstar, AutoGrid, and Chemtrai

PTC India has contracts in place with 5 tech firms. Memorandums of Understanding MoUs have been signed with Hexagon, Greenstar, AutoGrid, and Chemtrails, among others. PTC and the Norwegian company Greenstat are collaborating to create green hydrogen projects in India. PTC is evolving into an energy solutions provider, providing technologybased services and products to market players in new markets like green hydrogen. According to the company, in the partnership with AutoGrid, PTC will offer solutions for demandside management for distribution utilities potential opportunities in the implementation of virtual power plants in India technical solutions for supplying and procuring 24/7 power from renewable energy sources and other solutions in related segments. Read More..

B2B Tech News | 2 years ago        

AerCap Cargo signs leases for six converted Boeing 737800s with GOL

The six 737800BCFs, passenger to freight, will be operated for a Latin American ecommerce company, as part of the growth strategy and logistics soluti

The six 737800BCFs, passenger to freight, will be operated for a Latin American ecommerce company, as part of the growth strategy and logistics solution of GOLLOG, GOLs Logistics Business Unit, and will be be based in Brazil. AerCap Cargo has more than 25 years of experience in freighter leasing, with more than 100 successful conversions. All statements other than historical factual statements included in this press release are forwardlooking statements and are based on various underlying assumptions and expectations. These statements are only predictions based on our current expectations and projections of future events. There are key factors, including the impact and responses associated with the Covid19 pandemic, our ability to successfully integrate GECAS operations and employees, and realize expected synergies and cost savings. Read More..

B2B Tech News | 2 years ago        

DP World is expanding its ecommerce reach in Africa

DP World is expanding its online trading platform Dubuy.com in Ghana and Zambia in Africa. The company currently supplies to the United Arab Emirates,

DP World is expanding its online trading platform Dubuy.com in Ghana and Zambia in Africa. The company currently supplies to the United Arab Emirates, Tanzania, Rwanda and Kenya. DB World recently signed an agreement with ConexBird to install a new content tracking solution at Jebel Ali Port. Mahmoud Al Bastaki We aim to create a digital infrastructure that connects economies. DP World offers its digital solutions through physical infrastructures across Africa, such as the Port of Maputo and its links to East and South Africa, to enable these digital solutions. 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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