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A new draft law would grant every Romanian citizen a free bank account

Every Romanian citizen would receive a free bank account under a proposed new law, which they could use to receive their pension or salary, make payme

Every Romanian citizen would receive a free bank account under a proposed new law, which they could use to receive their pension or salary, make payments, or save money. According to the Global Findex report from the World Bank, only 58% of adults in Romania had a bank account in 2017. According to a survey conducted by the countrys banks association, only two out of every three Romanians used different types of banking service in 2020. The bill was introduced by Liberal MP George Tuţă at the Academia de Studii Economice, one of the best institutions in Romania for financial education. Read More..

B2B Tech News | 3 years ago          

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          

The Revolut digital banking platform is launched in five other countries

Revolut is launching a streamlined version of its app in Sri Lanka, Chile, Ecuador, Azerbaijan, and Oman. The move will allow customers to transfer mo

Revolut is launching a streamlined version of its app in Sri Lanka, Chile, Ecuador, Azerbaijan, and Oman. The move will allow customers to transfer money to over 50 countries using more than 30 currencies. Revolut has expanded its product range to include payment services, crypto trading, savings accounts, and stock trading. The Londonbased company said it aimed to be in the top 90 countries by the end of 2022. The company has said it wants to build a global financial super app by the end of the year. 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          

Gaming Controller Market provides a detailed analysis of the Gaming Controller industry, including current trends and estimates to help investors make informed choices.

The Global gaming Controller Market report assesses the historical and current data with a thorough analysis of the market dynamics. An increasing ran

The Global gaming Controller Market report assesses the historical and current data with a thorough analysis of the market dynamics. An increasing range of professional gamers globally is assumed to drive global gaming controller market revenue growth over the forecast period. The report also discusses the major market growth driving and restraining factors that are anticipated to influence market growth. 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          



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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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