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Bosch invested $ 664 million in North America this year

Germanbased automotive supplier Bosch plans to invest $664 million in its U.S. operations this year. Bosch, like other suppliers, is dealing with risi

Germanbased automotive supplier Bosch plans to invest $664 million in its U.S. operations this year. Bosch, like other suppliers, is dealing with rising prices and the lingering effects of the COVID19 pandemic. The company is also investing in hydrogenpowered fuel cell technology and software development. Bosch is one of the major suppliers to the U.S. auto industry. Read More..

B2B Tech News | 2 years ago        

The government intends to pursue Qatar at the Bahamas Aviation Center

Deputy Prime Minister Chester Cooper has pledged that the Bahamas will continue to pursue Qatar Airways plans to establish an aviation hub in the coun

Deputy Prime Minister Chester Cooper has pledged that the Bahamas will continue to pursue Qatar Airways plans to establish an aviation hub in the country. He claimed that the mission he led to Qatar and Saudi Arabia had paved the way for The Bahamas to take advantage of additional investment and economic opportunities. According to Tourism Minister Hubert Cooper, the Bahamas has already signed an interairline agreement with Qatar Airways. The mission was able to obtain a principal commitment from the Middle Eastern kingdom to provide matching funds to finance tourismrelated small businesses and entrepreneurs in this country. Read More..

B2B Tech News | 2 years ago        

Jamaica Bank will introduce digital currency across the country

For the first time, Jamaica is getting prepared to issue a national digital currency. Many of the islands nearly 3 million citizens who do not have ba

For the first time, Jamaica is getting prepared to issue a national digital currency. Many of the islands nearly 3 million citizens who do not have bank accounts are expected to benefit from the move. In contrast to crypto currencies, Jamaicas digital currency is issued by the government. It has a fixed value, allowing for a dollarfordollar exchange. Read More..

B2B Tech News | 2 years ago        

Australian Consumer Watchdog sues Airbnb over price distortion

Airbnb is facing legal action from the Australian Competition and Consumer Commission ACCC. Thousands of customers were allegedly misled into believin

Airbnb is facing legal action from the Australian Competition and Consumer Commission ACCC. Thousands of customers were allegedly misled into believing that hotel prices were in Australian dollars when they were actually in US dollars, according to the report. A US dollar was worth about 72 cents in Australia, so a US$500 reservation would cost nearly AU$700. It is also conducting a thorough investigation into how the incident occurred. Read More..

B2B Tech News | 2 years ago        

Empire welcomes the 20th company to its incubation centre.

The Empire Partner Foundation EPF has added its 20th team of software developers to its incubation hub in Illovo, South Africa. The foundations model

The Empire Partner Foundation EPF has added its 20th team of software developers to its incubation hub in Illovo, South Africa. The foundations model is based on selecting developers with promising tech business ideas that are scalable and realworldfocused. The team is developing an ecommerce platform that it says will assist small businesses in townships to improve efficiencies. The name of this platform is Monarchy. Monarchy is an ecommerce platform has been chosen to develop a webbased platform that will help small businesses in townships access new markets and reduce costs. Read More..

B2B Tech News | 2 years ago        

Nigerias ShopEX Invest $635,000 to Build Africas QVC

Nigeriabased multichannel distributor, ShopEX has declared its preseed spherical of $635,000. HAVAIC be a part of Echo VC and professional Media Partn

Nigeriabased multichannel distributor, ShopEX has declared its preseed spherical of $635,000. HAVAIC be a part of Echo VC and professional Media Partners as investors within the threeyearold startup. It uses video ads across tv and different channels to supply an immersive expertise. ShopEX is enjoying within the B2C area that has been troublesome to realize profit. Abebe shared that the corporate has done over $2 million in sales, however he didnt disclose what quantity of it had been profits. ShopEXs Country Manager Olajumoke Kujero believes teleshoppings immersive expertise sets ShopEX apart, serving to them establish trust quicker. Since the corporate controls its inventory, Abebe disclosed that the corporate has been full of COVID19s impact on the supply chain. Read More..

B2B Tech News | 2 years ago        

Nigerias Indicina Invest $3 million to help businesses deliver credit at scale to their customers

Africas credit infrastructure has lagged behind the remainder of the world because of low coverage from its bureaus. As money services in Africa still

Africas credit infrastructure has lagged behind the remainder of the world because of low coverage from its bureaus. As money services in Africa still get digitized, accessing credit in period becomes progressively vital. Indicina is one such platform primarily based in port, Nigeria, asserting its seed spherical of $3 million. Target world and Greycroft invested with in Indicina, as did angel investors Flutterwave and Eden Capital. the corporate is getting to launch a B2C providing within the coming back weeks. The funding can permit Indicina to deepen development in machine learning and knowledge analysis. Read More..

B2B Tech News | 2 years ago        

MFS Africa buys GTP for $3 million as it seeks to issue prepaid cards to customers

MFS Africa is getting U.S.based international Technology Partners GTP in a very cashandshares deal value $34 million. The Africafocused and Londonbase

MFS Africa is getting U.S.based international Technology Partners GTP in a very cashandshares deal value $34 million. The Africafocused and Londonbased company connects quite 320 million mobile cash wallets across 35+ African countries and 700 corridors. GTP could be a developer of postpaid and mobile payment software package. The acquisition offers the corporate Associate in Nursing avenue to issue postpaid cards to international ecommerce platforms. MFS additionally stricken a trot out Spotify to permit the music subscription company to just accept mobile payments in Republic of Kenya, Uganda, and African country. 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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