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Author: akintunde

Bill Gates And Melinda French Gates Are Officially Divorced Following 27-Year Marriage
TechnologyWorld

Bill Gates And Melinda French Gates Are Officially Divorced Following 27-Year Marriage

Microsoft co-founder Bill Gates and Melinda French Gates have gotten divorced after 27 years of marriage. A Monday filing with…

byakintundeAugust 3, 2021
Treasury Yields Climb, 10-Year Rate Rises To 1.19%
BankingInvestingWorld

Treasury Yields Climb, 10-Year Rate Rises To 1.19%

U.S. Treasury yields climbed on Tuesday morning, with the 10-year rate rising to top 1.19%, despite concerns about a slowdown…

byakintundeAugust 3, 2021
Economists Fear Europe’s Recovery Could Be Derailed By One Key Issue
BusinessWorld

Economists Fear Europe’s Recovery Could Be Derailed By One Key Issue

European consumers are proving more reluctant to spend money this summer, and it could hurt the economic recovery following the…

byakintundeAugust 3, 2021
United Kingdom Climate Investment and Foreign Secretary Dominic Africa Back Green Housing Fund’s First Close
AfricaInvesting

United Kingdom Climate Investment and Foreign Secretary Dominic Africa Back Green Housing Fund’s First Close

Foreign Secretary Dominic Raab today welcomed Kenyan President Uhuru Kenyatta to Mansion House in London to announce £132 million of…

byakintundeAugust 2, 2021
Kasada Leverages Hospitality Fund With Development Finance Institution Debt Facility
AfricaBusiness

Kasada Leverages Hospitality Fund With Development Finance Institution Debt Facility

Kasada Capital Management (Kasada), the investment platform within Kasada Group dedicated to hospitality investments in Sub-Saharan Africa, today announced that…

byakintundeAugust 2, 2021
Vuna Partners Lands Commitment From Fund-Of-Funds
AfricaInvesting

Vuna Partners Lands Commitment From Fund-Of-Funds

27four Black Business Growth Fund II Partnership (27four BBGF II), a blended finance partnership between the South African Government through…

byakintundeAugust 2, 2021
Imperial Strikes Deal For J&J With Carlyle, Ethos, Ninety One, And Others
AfricaBusiness

Imperial Strikes Deal For J&J With Carlyle, Ethos, Ninety One, And Others

IMPERIAL Holdings has reached an agreement to buy 100 percent of the J&J Group for an enterprise value of $300…

byakintundeAugust 2, 2021
South African Fintech Startup Yoco Reels In Large Series C From New And Existing Investors
Africa

South African Fintech Startup Yoco Reels In Large Series C From New And Existing Investors

Yoco, a South African based fintech that helps small businesses, has closed an $83 million Series C round taking the…

byakintundeAugust 2, 2021August 2, 2021
AgDevCo Backs Banana Estate In Mozambique
Africa

AgDevCo Backs Banana Estate In Mozambique

AgDevCo, a specialist investor in African agriculture, has struck its second new deal this month by backing a Mozambique agribusiness.…

byakintundeAugust 2, 2021
Emerging Africa Infrastructure Fund (EAIF) Agrees Debt Investment In Ivorian Hydro Project
AfricaInvesting

Emerging Africa Infrastructure Fund (EAIF) Agrees Debt Investment In Ivorian Hydro Project

The Emerging Africa Infrastructure Fund (EAIF), a Private Infrastructure Development Group (PIDG) (www.PIDG.org) company, is lending €25 million over 18 years to…

byakintundeAugust 2, 2021
Helios MedTech Deal Gives CIP’s Capmezzanine II Its First Exit
AfricaMarket

Helios MedTech Deal Gives CIP’s Capmezzanine II Its First Exit

byakintundeAugust 2, 2021
Airtel Money Secures New investment From Qatar’s Sovereign Wealth Fund
MarketWorld

Airtel Money Secures New investment From Qatar’s Sovereign Wealth Fund

Airtel Africa Plc has announced that it has secured a $200m investment for its mobile money arm from Qatar Holding…

byakintundeAugust 2, 2021
Former President Barack Obama is now a minority owner in National Basketball  Association Africa Business
AfricaWorld

Former President Barack Obama is now a minority owner in National Basketball Association Africa Business

Former President Barack Obama has become a strategic partner and minority owner in the National Basketball Association’s Africa business, which…

byakintundeAugust 2, 2021
Chinese Electric Car Start-Up Li Auto Delivers More Cars Than Xpeng Again
TechnologyWorld

Chinese Electric Car Start-Up Li Auto Delivers More Cars Than Xpeng Again

Deliveries of what is essentially a hybrid electric car from U.S.-listed Li Auto surpassed those of rival start-up Xpeng for…

byakintundeAugust 2, 2021
World Health Organization  Officials Try To Figure Out Why Delta Is So Much Dangerous Than Earlier Covid Strains
TechnologyWorld

World Health Organization Officials Try To Figure Out Why Delta Is So Much Dangerous Than Earlier Covid Strains

World Health Organization officials said they are still trying to understand why the delta variant is more transmissible and potentially…

byakintundeJuly 30, 2021
Internal Revenue Service Expands Employer Tax Credit For Covid Vaccine Paid Time Off To Include Workers’ Families
World

Internal Revenue Service Expands Employer Tax Credit For Covid Vaccine Paid Time Off To Include Workers’ Families

The Treasury Department announced Thursday that it will expand tax credits to employers who give workers paid time off to…

byakintundeJuly 30, 2021July 30, 2021
Microsoft Is In Talks To Invest In Indian Budget Hotel Start-Up OYO
TechnologyWorld

Microsoft Is In Talks To Invest In Indian Budget Hotel Start-Up OYO

Microsoft is in advanced talks to invest in Indian budget hotel chain Oyo, a source familiar with the matter confirmed…

byakintundeJuly 30, 2021July 30, 2021
Tesla Megapack Caught Fire At Victorian Big Battery Site In Australia
TechnologyWorld

Tesla Megapack Caught Fire At Victorian Big Battery Site In Australia

A fire occurred within a Tesla Megapack at one of the largest batteries in the world in Australia’s Victoria state…

byakintundeJuly 30, 2021
Investors Bought Chinese Stocks In The Last Week, Despite Regulatory Concerns
BreakingMarketWorld

Investors Bought Chinese Stocks In The Last Week, Despite Regulatory Concerns

Investors bought into Chinese stocks in the last week, despite mounting concerns about harsh regulation, according to fund research firm…

byakintundeJuly 30, 2021
Oil Prices Slip But Remain Near $75 After Large Inventory Drawdown
BusinessWorld

Oil Prices Slip But Remain Near $75 After Large Inventory Drawdown

Oil prices slipped but remained near $75 per barrel on Thursday as crude stockpiles in the United States, the world’s top oil consumer,…

byakintundeJuly 29, 2021
Canadian Pipeline Operator TC Energy To Switch To Green Power To Run North American Energy Pipelines
MarketWorld

Canadian Pipeline Operator TC Energy To Switch To Green Power To Run North American Energy Pipelines

  Canadian pipeline operator TC Energy Corp (TRP.TO) could spend billions of dollars on its plans to lower emissions by…

byakintundeJuly 29, 2021
Samsung Electronics Sees Strong Chip Demand, Mobile Recovery As Q2 Profit Jumps
TechnologyWorld

Samsung Electronics Sees Strong Chip Demand, Mobile Recovery As Q2 Profit Jumps

Samsung Electronics Co Ltd (005930.KS) on Thursday forecast strong demand for memory chips in the second half and a recovery…

byakintundeJuly 29, 2021
Sydney Posts Record Daily Rise In COVID-19 Cases, Seeks Military Help
World

Sydney Posts Record Daily Rise In COVID-19 Cases, Seeks Military Help

Australia’s biggest city Sydney posted a record one-day rise in local COVID-19 cases on Thursday and warned the outbreak would…

byakintundeJuly 29, 2021
Naira Now Exchange At 522/$1 As Central Bank Of Nigeria Discontinued The Sale Of Foreign Exchange To Bureaux De Change
AfricaBreakingLocalMarket

Naira Now Exchange At 522/$1 As Central Bank Of Nigeria Discontinued The Sale Of Foreign Exchange To Bureaux De Change

The naira has dropped to N522 to a dollar at the parallel market as the Central Bank of Nigeria (CBN)…

byakintundeJuly 28, 2021
AMCON Takes Over NICON
AfricaLocal

AMCON Takes Over NICON

The Asset Management Company of Nigeria, AMCON, has effectively taken over National Insurance Corporation of Nigeria, NICON Insurance was privatised…

byakintundeJuly 28, 2021
TECH Binance CEO Changpeng Zhao Says He’s Willing To Step Down As World’s Biggest Crypto Exchange Welcomes Regulation
Local

TECH Binance CEO Changpeng Zhao Says He’s Willing To Step Down As World’s Biggest Crypto Exchange Welcomes Regulation

The boss of cryptocurrency exchange Binance says he’s willing to step down from his role as the company seeks to…

byakintundeJuly 28, 2021
Oil Rises On United State Fuel Drawdowns Despite Surging Coronavirus Cases
MarketWorld

Oil Rises On United State Fuel Drawdowns Despite Surging Coronavirus Cases

Oil prices climbed on Wednesday after industry data showed U.S. crude and product inventories fell more sharply than expected last week,…

byakintundeJuly 28, 2021
Biden Plans To Speed Up Asylum Processing And Deportations At The Border
World

Biden Plans To Speed Up Asylum Processing And Deportations At The Border

The Biden administration announced on Tuesday that it will speed up asylum claim processing for migrants at the U.S.-Mexico border…

byakintundeJuly 28, 2021
Two dead, Several Injured In Acid Leak At LyondellBasell Plant In Texas
BreakingWorld

Two dead, Several Injured In Acid Leak At LyondellBasell Plant In Texas

 Two people were killed and several others injured following a leak of acetic acid at a LyondellBasell (LYB.N) chemical plant in La…

byakintundeJuly 28, 2021
United States White House Wants Broadband Funding In Infrastructure Bill
World

United States White House Wants Broadband Funding In Infrastructure Bill

A bipartisan group of senators and the White House are debating extending a program started early in the COVID-19 pandemic…

byakintundeJuly 28, 2021

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