TechnologyTop StoriesConvergence Partners provide $120 mn to promote digital inclusion in AfricaGBO CorrespondentJuly 28, 2021 GBO CorrespondentJuly 28, 202101366 The fund aspires to reach its final target of $250 mn to continue to support Africa’s growth
Banking and FinanceTop StoriesMastercard and Lloyds team up for open banking APIGBO CorrespondentJuly 27, 2021 GBO CorrespondentJuly 27, 202101359 Mastercard and Lloyds is teaming up to roll out their PayFrom Bank service
Real EstateTop StoriesEgyptian proptech startup Nawy raises funding to broaden its servicesGBO CorrespondentJuly 27, 2021 GBO CorrespondentJuly 27, 202101610 The proptech company seven-figure funding from angel investors
EnergyTop StoriesAfrican Development Bank approves $99 mn funding for Egypt’s green projectGBO CorrespondentJuly 26, 2021July 26, 2021 GBO CorrespondentJuly 26, 2021July 26, 202101156 The loan was approved to finance the second phase of Egypt’s Electricity and Green Growth Support programme
Oil and GasIraq signs deal with Lebanon to supply 1 mn tons of fuelGBO CorrespondentJuly 26, 2021July 26, 2021 GBO CorrespondentJuly 26, 2021July 26, 202101088 The country is going through an economic crash that is threatening its market stability
Asset ManagementFeaturedJP Morgan will provide five cryptocurrency funds to clientsGBO CorrespondentJuly 23, 2021July 26, 2021 GBO CorrespondentJuly 23, 2021July 26, 202101524 It will be available to all JP Morgan’s wealth management clients looking for investment advice
TelecomTop StoriesSpain shells out $1.1 bn during the latest 5G auction raiseGBO CorrespondentJuly 23, 2021July 26, 2021 GBO CorrespondentJuly 23, 2021July 26, 202101600 The massive $1.1 bn donations will also help the operators deliver better non-standalone (NSA) 5G both indoors and outdoors
Business LeadersTop StoriesEmirates airline expects up to 30,000 US visitors every month after Dubai Expo 2020GBO CorrespondentJuly 23, 2021July 26, 2021 GBO CorrespondentJuly 23, 2021July 26, 202101386 According to official reports, Emirates airlines has already recovered 50% of the tourism witnessed pre-pandmeic
InsuranceTop StoriesSouth African insurtech startup, CTRL receives $2.3 mn from Naspers FoundryGBO CorrespondentJuly 22, 2021July 26, 2021 GBO CorrespondentJuly 22, 2021July 26, 202101529 The insurtech company is aiming to provide insurance advice of a real-life broker through an app
TechnologyTop StoriesPayU and CELO partners up to bring stablecoin payments to merchantsGBO CorrespondentJuly 22, 2021July 26, 2021 GBO CorrespondentJuly 22, 2021July 26, 202101601 They will launch a new stablecoin option for PayU’s 450,000 merchant customers using cUSD