Crescera Capital lowers its proposed deal size by 13% ahead of IPO
The company is also targeting to raise $175 mn from its IPO
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Telecom firm TIM submits proposal for Brazil’s 5G spectrum auction
The telco plans to invest $390 mn
Market leaders in COP26 summit announces to decarbonise international shipping by 2050
Industry leaders call for decarbinising international shipping by 2050 at COP26 This action saw a partnership between the Global Maritime Forum, the World Economic Forum,
Access Bank to merge its Zambian unit with African Banking Corporation
This news comes just nine months after Access Bank bought the subsidiary
Islamic Development Bank raises $1.7 bn through Islamic bond sale on NASDAQ Dubai
IsDB is now the largest Sukuk issuer on Nasdaq Dubai with a total value of $18.8bn through 13 issuances
BlackRock CEO Larry Fink says oil prices might reach $100/barrel
Brent crude oil fell 28 cents to $85.71 per barrel in trading
5G is changing Brazil’s telecom sector
The introduction of 5G in Brazil could help sectors like public health and education, which were deeply affected by the Covid-19 pandemic
Brazil-based insurtech Justos raises $35.8 mn to improve auto insurance process
The funding round was attended by SoftBank’s Latin American Fund and GGV
Singapore’s Sunseap to develop solar farms in Indonesia
This project will aid Singapore and Indonesia to meet their green energy goals
Nigerian digital bank Brass raises $1.7 mn funding to expand into Kenya and South Africa
The funding round was attended by Ventures Platform, Acuity Ventures, Hustle Funds to name a few