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Pagas latest results show how startups can withstand a decline in venture capital

Paga, the first company to popularise mobile money in Nigeria said its transaction value in five months equalled total it recorded in 2021. The volume

Paga, the first company to popularise mobile money in Nigeria said its transaction value in five months equalled total it recorded in 2021. The volume of trade in January-May 2022 reached 25 million which is equal to N1.2 trillion transaction value. Paga last raised $ 10 million in the 2018 Series B Global Innovation Fund. Experts say most of the funding deals is being announced by African tech companies would have started three to four months ago and only got signed, hence the announcement. Paga is also busy in the mergers and acquisitions market. In 2020, he announced the acquisition of the Ethiopian software developer Apposit for an unknown amount. Read More..

B2B Tech News | 3 years ago        

Russia received $ 98 billion in fuel exports during the 100day war

According to a new research, Russia earned $98 billion from fossil fuel exports during the first 100 days of its war in Ukraine. The sale of crude oil

According to a new research, Russia earned $98 billion from fossil fuel exports during the first 100 days of its war in Ukraine. The sale of crude oil accounts for the majority of Russias fossil fuel revenues, with 46 billion euros, followed by pipeline gas, oil products, LNG, and coal. The independent Centre for Research on Energy and Clean Air in Finland released the report on Monday. Read More..

B2B Tech News | 3 years ago        

TITAN INTERNATIONAL, INC. Provides AN Update ON STRONG BUSINESS MOMENTUM

Titans stockholders strongly supported the Boards recommendations, with the maximum number of proxy votes cast in favor of all ballot items. We now an

Titans stockholders strongly supported the Boards recommendations, with the maximum number of proxy votes cast in favor of all ballot items. We now anticipate sales at around $2.2 billion for the whole year with adjusted EBITDA of between $225 million and $240 million. The Company will report approximately $22 million in other income for nonincome tax credits in Brazil.This matter relates to previously paid indirect taxes that were challenged in court. These tax credits are assumed to create cash flow over the next two years. Read More..

B2B Tech News | 3 years ago        

Market Size And Forecast For Hotel Business Intelligence Solutions.

The report on the global Thoracic Aortic Stent Graft market presents a clear view of how the market is performing today and how it will probably evolv

The report on the global Thoracic Aortic Stent Graft market presents a clear view of how the market is performing today and how it will probably evolve in the years ahead. The report aims to map out the risks facing different regions, countries, and segments operating in the market as well as recommends best practices to improve efficiency and protect against future risks. It also helps market players to anticipate trends and capture market opportunities with the data and forecasts. Read More..

B2B Tech News | 3 years ago        

Market Closing Bell Sensex ends with 1,457pt cut as global stocks bleed Nifty settles below 15,800 Bajaj twins tank up to 7%.

Equity benchmarks had another rough day on Monday. The 30share BSE Sensex tumbled 1,456.74 points or 2.68 percent to settle at 52,846.70. The Nifty ta

Equity benchmarks had another rough day on Monday. The 30share BSE Sensex tumbled 1,456.74 points or 2.68 percent to settle at 52,846.70. The Nifty tanked 427.40 points to close at 15,774.40. Index majors ICICI Bank, Infosys, and Reliance Industries bore the brunt of heavy selling. The rupee plunges 20 paise to close at an alltime low of 78.13 against the US dollar. A lackluster trend in domestic equities and a stronger greenback overseas weighed on investor sentiments. Forex traders said weak Asian currencies and persistent foreign capital outflows were the other factors. Read More..

B2B Tech News | 3 years ago        

Romania is seeking energy independence in response to the war in Ukraine.

According to the National Institute of Statistics, Romania relies on Russian energy for a quarter of its energy consumption. The Ministry of Energy sa

According to the National Institute of Statistics, Romania relies on Russian energy for a quarter of its energy consumption. The Ministry of Energy says that the Romania is one of the least dependent on Russian gas. Because neither the state nor the company has a contract with Gazprom. Romania is failing to meet the EUs 32% renewable energy target by 2030 due to the slow growth of renewable sources. Romania expects 16 billion euros in EU funding to develop its energy sector by 2030. Romania has committed 1.6 billion euros to the energy sector in its national recovery plan. This includes € 460 million for renewable energy production, € 300 million for highefficiency cogeneration, and € 200 million for photovoltaic cells and panels. Read More..

B2B Tech News | 3 years ago        

Microfinance Summary Kuunda is raising $ 2 million to expand its shortterm financial model for mobile agents, retailers and consumers to seven African countries.

Kuunda, a Mauritiusdomiciled financial technology company Fintech, has completed its initial investment with a new investment of $ 2.25 million. Other

Kuunda, a Mauritiusdomiciled financial technology company Fintech, has completed its initial investment with a new investment of $ 2.25 million. Other investors include FINCA Ventures, Future Africa, Launch Africa, Kepple Africa Ventures, Magic Fund, Greenhouse Capital, Mercy Corps Ventures, and Seedstars. The fund is assumed to improve Kuundas ongoing operations in Tanzania and Pakistan and expand to the Democratic Republic of the Congo, Egypt, Malawi and Mozambique., Nigeria, Uganda, and Zambia. Read More..

B2B Tech News | 3 years ago        

IMF Only a flexible exchange rate can save Kenya from currency shock.

After falling to 117.04 on Friday, the shilling set a new record low versus the dollar. The Kenyan currency has been harmed by the strengthening of th

After falling to 117.04 on Friday, the shilling set a new record low versus the dollar. The Kenyan currency has been harmed by the strengthening of the US dollar, which has gained 6.8% since the beginning of the year. According to the International Monetary Fund IMF, a flexible exchange rate will help Kenyas economy withstand external shocks. Despite devaluation of the shilling, the Central Bank of Kenya CBK remains committed to a flexible exchange rate regime and will not deviate from this policy. 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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