FintechTop StoriesEgyptian fintech MNT-Halan receives funding of $120 mn to drive further innovationGBO CorrespondentSeptember 9, 2021 GBO CorrespondentSeptember 9, 202101514 The funding round was attended by investors like Apis Growth Fund II, Development Partners International and Lorax Capital partners
FintechTop StoriesAddi secures $75 mn funding to bring BNPL to Latin AmericaGBO CorrespondentSeptember 9, 2021 GBO CorrespondentSeptember 9, 202101570 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, 202101588 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, 202101157 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, 202101007 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, 202101481 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, 202101415 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, 202101899 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, 202101589 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, 202101694 The company aims to build a team of 100 employees by June 2022