FintechTop StoriesAddi secures $75 mn funding to bring BNPL to Latin AmericaGBO CorrespondentSeptember 9, 2021 GBO CorrespondentSeptember 9, 202101563 The company will use these funds to scales its operations in Colombia and Brazil
Asset ManagementTop StoriesAl Dhabi Capital starts MENA-based equities fundGBO CorrespondentSeptember 9, 2021 GBO CorrespondentSeptember 9, 202101580 The asset manager is based in Abu Dhabi Global Market
AviationFeaturedEthiopian Airlines to bring back Boeing 737 MAX back to service in JanuaryGBO CorrespondentSeptember 8, 2021September 8, 2021 GBO CorrespondentSeptember 8, 2021September 8, 202101156 Chief executive Tewolde GebreMariam is convinced that the aircraft is safe to fly
CurrencyFeaturedBitcoin crashes 17% after El Salvador makes it legal tenderGBO CorrespondentSeptember 8, 2021 GBO CorrespondentSeptember 8, 202101006 The crypto fell as low as $43,050 on Tuesday
Banking and FinanceTop StoriesStanChart partners with Singapore Union to launch a digital-only bankGBO CorrespondentSeptember 7, 2021September 7, 2021 GBO CorrespondentSeptember 7, 2021September 7, 202101478 The lender will invest $107mn and own 60% of the bank in partnership with BetaPlus
EconomyTop StoriesSouth American nations growing by 5.9% in 2021:UNGBO CorrespondentSeptember 7, 2021 GBO CorrespondentSeptember 7, 202101408 The UN projected a slowdown of 2.9% in 2022
TechnologyTop StoriesChinese ride-hailing firm Cao Cao raises $589 mn for market expansionGBO CorrespondentSeptember 7, 2021September 7, 2021 GBO CorrespondentSeptember 7, 2021September 7, 202101897 Cao Cao will develop its own purpose-built vehicles for ride hailing
InsuranceTop StoriesKenyan insurtech MotiSure launches API platform to provide personal accident coverGBO CorrespondentSeptember 6, 2021 GBO CorrespondentSeptember 6, 202101579 The company sampled over 400 bike riders on why they did not sign up for pre-existing insurance solutions
TelecomTop StoriesSafaricom Ethiopia launches recruitment drive before its launchGBO CorrespondentSeptember 6, 2021 GBO CorrespondentSeptember 6, 202101683 The company aims to build a team of 100 employees by June 2022
Oil and GasTop StoriesOil Giant ADNOC sells a minimum 7.5% stake in Abu Dhabi IPOGBO CorrespondentSeptember 6, 2021 GBO CorrespondentSeptember 6, 202101455 This is the second public flotation of the Abu Dhabi owned oil company