Kenya receives $750 million development package from IDA
The funding will also be used to complete the Horn of Africa Gateway Development Project
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Mastercard to launch virtual testing platform for central banks
The new platform will pave the way for central banks to carry out activities such as simulation of issuance and distribution
Egypt’s real estate sees robust demand with large-scale projects
Egypt is the second biggest recipient of foreign direct investment (FDI) in Africa and the Arab world
Accelerating Asia to fund eight startups through accelerator cohort
KaryaKarsa and MyBrand are the two Indonesian startups which will take part in the programme
Deloitte plans to sell its UK restructuring division
The company handles one of the leading restructuring businesses in the UK
Nigerian banks roll out new response code system in Ghana
The new QR-based payments system is developed by Western Telecoms and Engineering
Iraqi government plans to boost processing capacity of its oil refiners
Baiji refinery’s capacity is expected to increase from 75,000 bpd to 280,000 bpd
Investcorp, CR Capital Management acquires majority stake in City Super Group
The new partnership will pave the way for the Bahrain-based company to ramp up its expansion across China
Luxembourg raises €1.5 bn euros through sustainability bond
The selling of green bonds by Luxembourg marks its efforts towards the development of sustainable finance and support cleantech projects
UK’s first ever Quantum computer will be launched soon
The 10 mn government and industry investment backed supercomputer will be developed by leading tech company Rigetti