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Egypts First LRT Electric Project A final success in exporting Chinese railway technology to Africa

Egypts first electrified light rail transit LRT system started trial runs on Sunday, with Egyptian President AbdelFattah alSisi taking the first ride.

Egypts first electrified light rail transit LRT system started trial runs on Sunday, with Egyptian President AbdelFattah alSisi taking the first ride. $ 1.24 billion LRT provides efficient transportation for 5 million inhabitants. It is the latest of a string of mega infrastructure projects Chinese companies delivered to their customers in the past week. The project is the latest Chinese railway project in Africa, following other signature projects such as the MombasaNairobi Standard Gauge Railway. China has spent years building infrastructure in African countries, and investment in African countries outstrips that of most Western countries and the International Monetary Fund. Railway systems manufactured in China are appreciated by African countries for their high efficiency and low cost. Read More..

B2B Tech News | 3 years ago          

More than half of new car buyers are interested in electric vehicles

More than half of potential car buyers are considering the purchase of an electric vehicle, according to research from Roland Berger. However, this is

More than half of potential car buyers are considering the purchase of an electric vehicle, according to research from Roland Berger. However, this is still proving slow to translate into demand, with fewer than oneinten global customers ultimately plumping for an electric option. Around 69% of one poll said they would expect to merely refer to cars when speaking about electric vehicles in 10 years. Norway is far and away from the biggest market for EVs on this basis, with sold units rising from 61.8% of the nations car market in 2020 to 76.4% in 2022. Meanwhile, Brazil, India, Thailand, Russia, Indonesia, and Saudi Arabia all saw EV sales languishing at beneath 1%. However, with more room for growth, each of the EV markets will explode in the coming months. Read More..

B2B Tech News | 3 years ago          

Peter Schiffs Bank Closure Increases Bitcoins Financial Freedom

Peter Schiffs bank in Puerto Rico was shut down by regulators for not maintaining the net minimum capital requirements. The episode reignited the disc

Peter Schiffs bank in Puerto Rico was shut down by regulators for not maintaining the net minimum capital requirements. The episode reignited the discussions around Bitcoins resistance to judicial supremacy. On the other end of the spectrum, Puerto Rico became the fourth jurisdiction in America to award a money transmitter license to Binance. As a witness to what many consider an epic plot twist, the crypto community took the opportunity to explain the importance of Bitcoin in reinventing the core of traditional finance. Read More..

B2B Tech News | 3 years ago          

Vodacom invests over R460m to speed up connectivity in Limpopo

Vodacom Limpopo Region has invested more than R 460 million in the network to expand coverage and meet online access needs. 58 new base station sites

Vodacom Limpopo Region has invested more than R 460 million in the network to expand coverage and meet online access needs. 58 new base station sites were deployed, including 17 in deep rural areas, bringing the regions 3G population coverage to 99.7%, while 4G stands at 94.3%. Vodacom Limpopo has expanded its customer base by 19% in the past year. More than 3 million customers in the region can take advantage of the lifechanging opportunities of digital technology, from essential services to employment and education. To help SME customers overcome the economic challenges of the pandemic, they provide financial support through amortized payment plans. Vodacom Limpopo partnered with the provincial government to provide 25 laptops to social workers to collect and charge local grant recipients and to donate 50 tablets to the Ministry of Health. Read More..

B2B Tech News | 3 years ago          

The First 5GEnabled Smart Metal Mine in Southern Africa Will Be Powered by MTN and Huawei

In a recent announcement, Nkwe Platinum and South Africa Zijin Platinum announced they have partnered with Huawei and MTN to build South Africas first

In a recent announcement, Nkwe Platinum and South Africa Zijin Platinum announced they have partnered with Huawei and MTN to build South Africas first 5Genabled smart metal mine. The Zijin Mining Group is one of the few multinational mining companies in the world to be equipped with autonomous system technology and engineering management capabilities. The collaboration with MTN and Huawei will help the group build its first hightech and safe overseas smart mine, brimming with socioeconomic value. MTN Business has partnered with Chinas Zijin Mining giant, Huawei, to open Southern Africas first 5G metal smart mine. The partnership will help the mining industry build safe and smart mining projects through the capabilities of 5GtoB. MTN invested over R50 billion in modernizing its network for the past five years. Read More..

B2B Tech News | 3 years ago          

Singapore lender cryptocurrency stops withdrawing from fund

A string of failures in recent months, including those of the supposedly stablecoin TerraUSD, Celsius Network, a sizable USbased lender, and Singapore

A string of failures in recent months, including those of the supposedly stablecoin TerraUSD, Celsius Network, a sizable USbased lender, and Singaporebased hedge fund Three Arrows Capital, have shaken the cryptocurrency industry. According to Vauld CEO Darshan Bathija, the company is dealing with financial challenges as a result of volatile market conditions, the financial difficulties of our key business partners that inevitably affect us, and the current market climate that has resulted in a significant number of customer withdrawals over $197.7 million since June 12. Read More..

B2B Tech News | 3 years ago          

An Italian fashion blogger uses Instagram to spot a monkeypox infection

Italian fashion blogger Maxim Sapozhnikov discovered his monkeypox infection through short videos posted on Instagram. He shared that ,since his illne

Italian fashion blogger Maxim Sapozhnikov discovered his monkeypox infection through short videos posted on Instagram. He shared that ,since his illness he had a fever, diarrhea, and pimples on unusual parts of his body. To date, more than 5,000 nonendemic cases of monkeypox have been reported in 51 countries around the world. Read More..

B2B Tech News | 3 years ago          

New Digital Wellness Platform Launched by AfroCentric Group

AfroCentric Group, a JSElisted company, has launched AMP, a new digital wellbeing platform designed to integrate with existing health insurance member

AfroCentric Group, a JSElisted company, has launched AMP, a new digital wellbeing platform designed to integrate with existing health insurance member apps. The launch of AMP comes at a time when Medscheme is increasingly focusing on the digitalization of healthcare to add value to its schemes. AfroCentrics new app, AMP, is designed to help its members and their beneficiaries make better lifestyle choices and reduce the need for costly healthcare interventions, says CEO David Banderker. The app uses advanced gamification, artificial intelligence, and machine learning to take a radically different, holistic approach to wellness that is based on positively guiding and nudging its users. AMP also gives members access to complementary and valueadd services through partnerships with Avo by Nedbank and Panda, a mental wellness platform. Read More..

B2B Tech News | 3 years ago          



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Refresh Your Facts

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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