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Rand Merchant Bank pledges to support Nigeria in trade facilitation

The government of Nigeria has received a commitment from Rand Merchant Bank to work with it to make the nation a trading hub for the continent. At a r

The government of Nigeria has received a commitment from Rand Merchant Bank to work with it to make the nation a trading hub for the continent. At a recent panel with the theme implementing a 21stcentury trade economy The challenge of transforming Nigeria into Africas business hub, Taiwo Shote, CoHead, Banking, Rand Merchant Bank Nigeria, said this. One of the programs developed in response to the effects of the COVID19 pandemic on export businesses is the Export Expansion Facility Program EEFP. The BOI was appointed as the custodian of the N50 billion Export Development Fund, which was established by the Nigerian Export Promotion Council. Read More..

B2B Tech News | 2 years ago          

Transactional encryption stops cryptocurrencies and deposits in Indian rupees

WazirX has suspended all deposit services through any type of internet banking, such as NEFT or IMPS. PeertoPeer P2P trading allows you to buy and sel

WazirX has suspended all deposit services through any type of internet banking, such as NEFT or IMPS. PeertoPeer P2P trading allows you to buy and sell cryptocurrencies without the intervention of a third party or an intermediary. This is because Indian investors, whose cryptocurrency market has fallen by more than 50%, are facing the reality of the devaluation of digital assets. CoinDCX restricts the import and withdrawal of digital currencies by many users. Users can deposit and withdraw INR via online banking. WazirX can be purchased on the peertopeer market for at least 14.5 USDT. Coin switch Kuber also shut down cryptoacquisition services, citing KYC requirements. Read More..

B2B Tech News | 2 years ago          

The G7 looks into energy price caps

The G7 summit in Germany has been overshadowed by fears of a recessioninduced by rising inflation. Leaders will explore the feasibility of introducing

The G7 summit in Germany has been overshadowed by fears of a recessioninduced by rising inflation. Leaders will explore the feasibility of introducing price caps on imports of energy. Emmanuel Macron called for higher global oil production, including from Venezuela and Iran. The leaders also condemned Russias attack on a shopping mall in the Ukrainian city of Kremenchuk. Ukraines president described the missile strike as a war crime. Read More..

B2B Tech News | 2 years ago          

Ofi is collaborating with GEA to expand instant coffee production in Brazil

GEA has started installing a production facility to produce two complete lines of instant coffee for Olam food ingredients OFI. The new plant is being

GEA has started installing a production facility to produce two complete lines of instant coffee for Olam food ingredients OFI. The new plant is being built in Espírito Santo, Brazil, a conilon beanproducing region. Conilon coffee beans are similar to robusta, which is bitter and mainly utilized in espresso and instant coffee production. The GEA Skills Center in Denmark will offer its own caramel extraction system for the production of highefficiency coffee. Read More..

B2B Tech News | 2 years ago          

Bangladesh Technology Startup Raises $ 63 Million to Fund B4 Series

Bangladesh ShopUp will raise another $ 62.89 million from Valar Ventures and Flourish Ventures to fund its B4 series. According to a request filed wit

Bangladesh ShopUp will raise another $ 62.89 million from Valar Ventures and Flourish Ventures to fund its B4 series. According to a request filed with the Singapore Accounting and Corporate Regulatory Authority ACRA, the shares will be issued for approximately $ 56 each. DealStreetAsia reports that, for the first time since the September 2021 Serie B tournament, the startup completed its $ 34 million upgrade round in Serie B in January this year. Sequoia Capital India and Flourish Ventures ran the ShopUp A series for $ 22.5 million. Read More..

B2B Tech News | 2 years ago          

Allegheny Technologies ATI rises 7.4% Will this capability hold up?

Allegheny Technologies ATI shares soared 7.4% in the last trading session to close at $23.17. This compares to the stocks 20.3% loss over the past fou

Allegheny Technologies ATI shares soared 7.4% in the last trading session to close at $23.17. This compares to the stocks 20.3% loss over the past four weeks. The company benefits from increased capacity in commercial jet engines and energy markets. It has good opportunities to reap the benefits of global economic recovery, efforts to change businesses and continuous improvement of the business environment. Read More..

B2B Tech News | 2 years ago          

Franke invests $ 50.3 million in San Luis Potos

Franke, a company in the highend kitchen manufacturing industry has agreed to invest US$50.3 million in San Luis Potosi for the installation and opera

Franke, a company in the highend kitchen manufacturing industry has agreed to invest US$50.3 million in San Luis Potosi for the installation and operation of its new plant. Franke is a leading global supplier of systems and solutions for domestic kitchens as well as for the professional coffee and fast food sector. It is worth noting that this investment project will bring new technical and skilled jobs to the inhabitants in addition to the human capital that our country already possesses. Read More..

B2B Tech News | 2 years ago          

Why is the US once again increasing its presence in Somalia?

The move comes as the government struggles to contain the growing threat from AlShabaab, a terrorist group affiliated with AlQaeda. But the new admini

The move comes as the government struggles to contain the growing threat from AlShabaab, a terrorist group affiliated with AlQaeda. But the new administration viewed this move by President Joe Bidens administration as irrational. Since then, AlShabaab, the terrorist group in Somalia, which is the largest, richest and deadliest branch of AlQaeda, has sadly only gotten stronger. The newly elected President of Somalia, Hassan Sheikh Mohamud, has banned the return of US troops to openly welcome the country. According to Mahmood, a senior analyst at the International Crisis Group, and Abdihakim Ainte, a former Somali government adviser, the groups total revenue will most likely exceed that of the government itself. Read More..

B2B Tech News | 2 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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