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Ethiopia borrows from Italy for the development of integrated agricultural and industrial parks

Ethiopia has lent € 22 million from Italy to support the development of Integrated Agricultural and Industrial Parks IAIPs and Rural Transformation

Ethiopia has lent € 22 million from Italy to support the development of Integrated Agricultural and Industrial Parks IAIPs and Rural Transformation Centers RTCs. The loan will be used to strengthen the capacities of the National and Regional Industrial Park Development Corporations. IAIP centers of excellence, as well as lending to small and mediumsized firms, will be established and equipped. The agreement was signed on June 13, 2022, by Finance Minister Ahmed Shide and Italys Foreign Minister Luigi Di Maio. Read More..

B2B Tech News | 3 years ago        

HUL, Asian Paints, IDBI Bank, PNB Housing, and other stocks in the news

The Sensex finished 153 points lower at 52,693 points, while the Nifty dropped 75 points to 15,699. Investors remained cautious ahead of the critical

The Sensex finished 153 points lower at 52,693 points, while the Nifty dropped 75 points to 15,699. Investors remained cautious ahead of the critical Federal Reserve meeting outcome. NTPC, UltraTech Cement, Bharti Airtel, and M&M were among the top Sensex gainers, rising to 1.63 percent. Asian Paints bought a 51% stake in Weatherseal Fenestration for Rs 18.84 crore. Shriram City Union Finance stated it would raise Rs 300 crore by issuing debt securities on a private placement basis. The Competition Commission of India has cleared the accession of the stake in IIFL Wealth Management. Read More..

B2B Tech News | 3 years ago        

Investments in this African startup will reach $ 10 billion in 3 years

Investment into tech startups in Africa would double by 2025, reaching $10bn, according to World Mobile research. 54% of African senior executives exp

Investment into tech startups in Africa would double by 2025, reaching $10bn, according to World Mobile research. 54% of African senior executives expect spending on tech startups to more than double. Three quarters believe the investment will come from western countries and 66 percent bank on China as a major source of investment. According to a survey of top executives with average annual revenue of $ 70 million in Tanzania, Angola, Botswana, Cameroon, Ethiopia, Ghana, Nigeria, and South Africa, almost half of them believe that Africa will become a technological power in 10 years Read More..

B2B Tech News | 3 years ago        

The tourism minister says 20,000 foreign workers are needed on the coast of Romania

According to ConstantinDaniel Cadariu, Romanias minister for tourism, the countrys seaside resorts are suffering from a labor shortage and to make up

According to ConstantinDaniel Cadariu, Romanias minister for tourism, the countrys seaside resorts are suffering from a labor shortage and to make up the difference by 2022, 20,000 foreign workers will be required. To recruit personnel, the Ministry of Foreign Affairs is currently seeking to establish diplomatic missions abroad. According to the minister, a large number of Romanian workers in the sector are emigrating abroad in search of higher salaries. Read More..

B2B Tech News | 3 years ago        

Russia and India Apex Bank will meet to discuss payment solutions

The twoday meeting will probably take place in New Delhi on Wednesday and Thursday. The two parties will discuss the different payment options, like L

The twoday meeting will probably take place in New Delhi on Wednesday and Thursday. The two parties will discuss the different payment options, like Loro or Nostro accounts. Following its invasion of Ukraine at the end of February, Russia is subject to evertougher sanctions. Along with representatives from Russias trade and foreign ministries, Sberbank and VEB Bank Russia are anticipated to attend. Along with the National Payments Corporation of India NPCI and the Foreign Exchange Dealers Association of India FEDAI, SBI, Uco Bank NSE0.45 percent, Bank of Maharashtra NSE 0.00 percent, Canara Bank NSE3.45 percent, and IndusInd Bank NSE0.02 percent are likely to represent Indian bankers. The second situation involves a bank having an account with a different bank in a diverse nation. Read More..

B2B Tech News | 3 years ago        

Egypt and Iraq are considering cooperation in joint industrialization and technology transfer

Minister of State for Military Production of Egypt, Mohamed Ahmed Morsi and Iraqi Defense Minister Jomaa Enad Saadoun met in Cairo on Tuesday. Morsi s

Minister of State for Military Production of Egypt, Mohamed Ahmed Morsi and Iraqi Defense Minister Jomaa Enad Saadoun met in Cairo on Tuesday. Morsi said his ministry is keen on implementing the directives of President Abdel Fattah El Sisi to increase cooperation with Iraq in all fields, especially in military industrialization and technology transfer. During the trip, the ministers and their representatives visited several factories, including the Sina 200, M1A1, and ST500 tanks, and inspected military products and facilities used in national projects the state has been carrying out. Read More..

B2B Tech News | 3 years ago        

Warner Bros. Discovery is planning to slash over 1,000 ad sales jobs, according to a report.

Warner Bros Discovery is planning to cut up to 30% nearly 1,000 jobs in its global advertising sales team. The company started offering members of it

Warner Bros Discovery is planning to cut up to 30% nearly 1,000 jobs in its global advertising sales team. The company started offering members of its U.S. ad sales team an opportunity to leave the company. Wall Street has questioned the streaming industrys longterm prospects after a surge throughout the pandemic. Analysts have cited rising inflation and consumer spending as potential threats to the industrys longterm prospects. Read More..

B2B Tech News | 3 years ago        

Nigeria loses N1.52 trillion annually due to the maintenance of foreign aircraft

Overseas maintenance of commercial airplanes operating in the country currently costs Nigeria at least $2.5 billion or N1.52 trillion $1N608 in capita

Overseas maintenance of commercial airplanes operating in the country currently costs Nigeria at least $2.5 billion or N1.52 trillion $1N608 in capital flight yearly. Yesterday in Abuja, at the maiden edition of the Federal Airports Authority of Nigeria FAAN National Aviation Conference, the Managing Director of FAAN, Capt. Rabiu Yadudu, said such capital flight could have been avoided if the country had adequate MRO facilities. Minister of Aviation, Hadi Sirika, disclosed that President Muhammadu Buhari would soon sign law to pass Civil Aviation Bill. After the bill passed, President Sirik promised that Nigeria’s aviation sector would grow rapidly. Read More..

B2B Tech News | 3 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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