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
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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
The Subscription economy is growing amid Covid-19
The Subscription Economy has grown by more than 435 percent over the last 9 years
Digital identity can transform Africa’s economic landscape
The global digital identity solutions market size is forecasted to grow from $23.3 bn in 2021 to $49.5 bn by 2026
STC Solutions signs $53.66 mn deal with Saudi Telecom to build data centres in NEOM
The contract will contribute to building the data centre’s cloud platform and other infrastructures
The secret behind Latin America’s fintech boom
Countries like Mexico and Brazil are leading the way and an increase interest by venture capitalists helping the economy grow