German software company Wandelbots secures $30 mn funding
The funding round was led by 83North, M12 – Microsoft’s venture fund and Next47
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KKR-led consortium invests $650 million in Vinhomes
Vingroup is a controlling shareholder of Vinhomes
Kenya Airways consider resuming passenger flights
According to the carrier, discussions with key industry stakeholders are underway in relation to a safe return to passenger routes
Maersk, COSCO signs deal to expand network in East Africa
Maersk joined the Voluntary Observing Ship (VOS) programme to build weather forecasting accuracy for mariners
Japan Airlines to resume domestic operations at Haneda Airport
Operations will be resumed at the Tokyo's Haneda Airport from July
OBIE launches online app store for open banking-related products
OBIE is a body established by the Competition and Markets Authority (CMA) to deliver open banking in the UK
China to deploy 600,000 5G base stations by the end of the year
China Mobile, China Unicom and China Telecom have already built more than 250,000 5G base stations across China
Codat raises $10 million to foray into US market
Codat is focused on integrating data systems of small businesses to banks, fintechs and other financial institutions
HSBC to fund $558 mn for UAE’s Etihad Railway project
The funds will go to the UAE’s National Projects and Construction (NPC) and China Railway Construction Corporation (CRCC)
African airlines expected to lose $8.103 bn in revenue this year
Based on the Covid-19 impact analysis, there was a 90.3 percent year-on-year passenger traffic decline in May