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Opening speech by Minister of State Katja Keul at the GermanAfrican Business Summit 2022

Since its debut in 2015, the GermanAfrican Business Summit GABS has developed into a successful tradition. The GABS is being held for the first time i

Since its debut in 2015, the GermanAfrican Business Summit GABS has developed into a successful tradition. The GABS is being held for the first time in Southern Africa, one of the continents most dynamic regions. Our economies face formidable obstacles in both Germany and Africa. More than ever, Europe and Africa must work together. All of our way of life is at peril due to climate change. In order to defeat it, we must cooperate. Germany has pledged to completely eliminate its carbon emissions by 2045. Many African nations can learn from one another and share common objectives. For private businesses to participate in the green revolution, incentives must be established. Read More..

B2B Tech News | 2 years ago          

The sale of Asian investors led Blackstone to lift the doors

According to the Financial Times, investors withdrew more than 2% of the Blackstone Real Estate Income Trusts net assets in July. Instead, Blackstones

According to the Financial Times, investors withdrew more than 2% of the Blackstone Real Estate Income Trusts net assets in July. Instead, Blackstones top executives put their own money into BREIT. CEO Stephen Schwarzman and president Jon Gray increased their investments in the real estate investment trust by more than $100 million. Others began to withdraw in earnest throughout the spring and summer, when Asian investors began to flee as their own property markets deteriorated. This year, Asia has accounted for more than 70% of BREIT redemptions. Read More..

B2B Tech News | 2 years ago          

Partech receives 120 million euros for its fourth seed fund

Partech intends to invest in approximately 50 promising startups at the preseed or seed stage, with ticket sizes ranging from €300,000 to €3 milli

Partech intends to invest in approximately 50 promising startups at the preseed or seed stage, with ticket sizes ranging from €300,000 to €3 million, typically continuing until Series B. The oversubscribed fund included the usual suspects of LPs, such as major financial institutions, multinational corporations, and family offices, but the majority of the fund is provided by 100 entrepreneurs, more than a third of whom were previously backed by Partech. So it appears that the flywheel continues to turn. The new seed fund, officially titled Entrepreneur IV, is industry, market, and/or model agnostic, with capital deployed globally. Read More..

B2B Tech News | 2 years ago          

HESTA Completes Merger With Mercy Super

Following the completion of its merger with Brisbanebased Mercy Super, HESTAs total funds under management have risen to nearly $70 billion. Mercy Sup

Following the completion of its merger with Brisbanebased Mercy Super, HESTAs total funds under management have risen to nearly $70 billion. Mercy Super members and assets are transferred to HESTA, with the majority of the formers employees joining the health fund. The merger of two of Australias largest superannuation funds has been finalised. HESTA and Mercy Super have over two million members combined. This follows the merger of QSuper and Sunsuper, which resulted in a $230 billion manager. Read More..

B2B Tech News | 2 years ago          

CVC examines Razers sale and growth options after $3.2 billion acquisition

For its portfolio company Razer, CVC Capital Partners is considering a number of options, including selling the gaming behemoth, bringing in a strateg

For its portfolio company Razer, CVC Capital Partners is considering a number of options, including selling the gaming behemoth, bringing in a strategic investor, and acquiring assets. Razer went public in 2017, but a group led by CVC, Tan, and Lim later proposed to take the company private for US$3.17 billion, which was less than its original listing price. Earlier this year, the company delisted its shares from the Hong Kong stock exchange. Read More..

B2B Tech News | 2 years ago          

Ukraine submits World Expo 2030 bid to organizers

One of the cities chosen to host the World EXPO at the end of this decade is Odesa, Ukraine. In addition to the main Expo conference centre, Odesas EX

One of the cities chosen to host the World EXPO at the end of this decade is Odesa, Ukraine. In addition to the main Expo conference centre, Odesas EXPO 2030 plan would include four pavilions for displaying innovation and an exhibition space measuring 80,000 square metres. Reconstruction and sustainability, according to Ukrainian organisers, will be major topics. They also suggest allowing participants to give the parts of their pavilion to Ukrainian kindergartens, schools, or clinics when the event is over. The host city for EXPO 2030 will be chosen by BIE Paris, the events organiser. Along with Rome, Odessa will go off against Riyadh in Saudi Arabia, Busan in South Korea, and other cities. Read More..

B2B Tech News | 2 years ago          

QLD Government signs $280m partnership to establish mRNA vaccine research center

$280 million has been pledged by the Queensland Government and two Australian universities to build the Translational Science Hub, a major biomedical

$280 million has been pledged by the Queensland Government and two Australian universities to build the Translational Science Hub, a major biomedical research facility devoted to the advancement of mRNA technology. By March 2023, the cooperation is expected to get going, with a chlamydia vaccine as its primary target. Queensland has been selected by one of the leading healthcare organisations in the world to assist in reshaping modern medicine. Sanofi has 20 R&D centres operating globally that work on developing new drugs and vaccines. This involves translational science, when researchers strive to convert preliminary laboratory findings into therapeutic outcomes. Read More..

B2B Tech News | 2 years ago          

GoVentures CoLeads US$4.5M Seed Funding for Indonesian Green Tech Company

Fairatmos, an Indonesian greentech business, has raised US$4.5 million in a seed funding round that was coled by Kreasi Terbarukan TBS, the investment

Fairatmos, an Indonesian greentech business, has raised US$4.5 million in a seed funding round that was coled by Kreasi Terbarukan TBS, the investment arm of regional energy firm Toba Bara Sejahtra, and GoVentures, which is supported by GoTo Group. India and Southeast Asias Vertex Ventures also took part in the deal. Fairatmos, which was founded earlier this year, offers a carbon calculator, a marketplace for carbon credits, and access to specialists in order to assist businesses in lowering their environmental risk. Additionally, it links innovative environmental initiatives with both institutional and private investors. Read More..

B2B Tech News | 2 years ago          



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