Aviation Top StoriesLATAM Airlines’ bankruptcy period extended till mid-SeptemberGBO CorrespondentJuly 7, 2021 GBO CorrespondentJuly 7, 20210581 The South American Airlines had the deadline of presenting its restructuring plan by the end of June
Technology Top StoriesDidi co-founders lose $1.5 bn as global shares plungeGBO CorrespondentJuly 7, 2021 GBO CorrespondentJuly 7, 20210829 Cheng Wei and Jean Liu lost the massive amount in just two days after Beijing’s crackdown on the company
Featured LogisticsDroppa partners with Elite Truck hire to expand service offeringsGBO CorrespondentJuly 6, 2021 GBO CorrespondentJuly 6, 20210641 The partnership comes as a result of increasing national demand
Finance Top StoriesGreen finance in the MENA region stands at $6.4 bn in H1 2021GBO CorrespondentJuly 6, 2021 GBO CorrespondentJuly 6, 20210758 It has already exceeded the total debt issuance from last year
Fintech Top StoriesNigerian neobank FairMoney raises $42 mn to add new products like savings, stock trading, and cryptoGBO CorrespondentJuly 6, 2021 GBO CorrespondentJuly 6, 20210720 The bank aims to provide underbanked people access to digital financial services
Oil and Gas Top StoriesKuwait cancels the $2 bn Jurassic gas projectGBO CorrespondentJuly 5, 2021 GBO CorrespondentJuly 5, 202101085 The move is being made to cut down on the capital expenditure of the hydrocarbon industry and Covid-19 related policy
Aviation FeaturedEmirates Airlines expected to return to full capacity by mid-2022GBO CorrespondentJuly 5, 2021 GBO CorrespondentJuly 5, 202101102 Airlines head Tim Clark also mentioned that once the pandemic is over, there will be a massive influx of people wanting to travel
Telecom Top StoriesAfrica Coast to Europe begins internet cable operations in South AfricaGBO CorrespondentJuly 2, 2021 GBO CorrespondentJuly 2, 20210579 The cable interconnects at three data centres of Teraco across South Africa and expands access to broadband connectivity and digital services in the continent.
Technology Top StoriesMercado Bitcoin raises $200 mn from SoftBank to scale operationsGBO CorrespondentJuly 2, 2021 GBO CorrespondentJuly 2, 20210626 The funds will also be used to expand its product offerings and invest in infrastructure to meet the increasing demand for digital currencies
Energy Top StoriesEDPR purchases China’s 28 MW Trina Solar in VietnamGBO CorrespondentJuly 2, 2021 GBO CorrespondentJuly 2, 20210748 The deal marks the entry of EDPR into the Vietnamese market with a value of $36 mn