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GBO CorrespondentSeptember 7, 2021

South American nations growing by 5.9% in 2021:UN

GBO CorrespondentSeptember 7, 2021
The UN projected a slowdown of 2.9% in 2022...
Covid-19LatamLaTam economyUnited Nations
GBO CorrespondentSeptember 7, 2021September 7, 2021

Chinese ride-hailing firm Cao Cao raises $589 mn for market expansion

GBO CorrespondentSeptember 7, 2021September 7, 2021
Cao Cao will develop its own purpose-built vehicles for ride hailing...
ChinaChina technologyDiditechnology
GBO CorrespondentSeptember 6, 2021

Kenyan insurtech MotiSure launches API platform to provide personal accident cover

GBO CorrespondentSeptember 6, 2021
The company sampled over 400 bike riders on why they did not...
API platformInsurtechKenyan startupMotiSureVehicle insurance
GBO CorrespondentSeptember 6, 2021

Safaricom Ethiopia launches recruitment drive before its launch

GBO CorrespondentSeptember 6, 2021
The company aims to build a team of 100 employees by June...
digital transformationEthiopiarecruitmentSafaricomTelecom
GBO CorrespondentSeptember 6, 2021

Oil Giant ADNOC sells a minimum 7.5% stake in Abu Dhabi IPO

GBO CorrespondentSeptember 6, 2021
This is the second public flotation of the Abu Dhabi owned oil...
Abu DhabiAdnocIPOoil giantstake
GBO CorrespondentSeptember 3, 2021

Four central banks test digital currency for cross-border transactions

GBO CorrespondentSeptember 3, 2021
The Central banks of Australia, Malaysia, Singapore and South Africa team up...
CBDCCentral Bankcross border transactionsdigital currency
GBO CorrespondentSeptember 3, 2021

Egypt to launch a digital tax collection platform in September

GBO CorrespondentSeptember 3, 2021
The latest tax collection platform will collect and document taxes of all...
AfricaEconomyEgyptEgypt economy
GBO CorrespondentSeptember 3, 2021

Alibaba’s logistics arm Cainiao to strengthen its logistics services in Singapore

GBO CorrespondentSeptember 3, 2021
In order to do so, Cainiao Network has partnered with Grocery Logistics...
Alibaba GroupCainiao NetworkLogisticsSingaporeSingapore Logistics
GBO CorrespondentSeptember 2, 2021

ChainEx launches an automated instant trade-on deposit feature

GBO CorrespondentSeptember 2, 2021
The company will also allow traders and residents from other countries to...
AfricaAfrica technologyChainExCryptocurrencySouth AfricatechnologyTrading
GBO CorrespondentSeptember 2, 2021

UAE’s major lenders announce $4 bn profit during H1: Moody’s

GBO CorrespondentSeptember 2, 2021
Moody’s reported that four major bank’s combined net profit increased from last...
Abu DhabiAbu Dhabi Commercial BankBankingDubai Islamic BankEmirates NBDFirst Abu Dhabi Bank
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The ‘Brexit Bill’ United Kingdom is still payingBrexit has caused missed growth opportunities, suppressed investments, higher prices, and constrained ambition…

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