EnergyTop StoriesGermany commits €100 mn investment for renewable energy in AfricaGBO CorrespondentOctober 4, 2021 GBO CorrespondentOctober 4, 202101183 The funds will go to Sustainable Energy funds for Africa
FintechTop StoriesIndonesian investment platform Ajaib raises $153 mn to expand its product development and engineering capabilitiesGBO CorrespondentOctober 4, 2021 GBO CorrespondentOctober 4, 202101299 The funding round led to Ajaib becoming the latest unicorn in the country
Banking and FinanceTop StoriesDeutsche Bank plans further consolidation, to close branches in EuropeGBO CorrespondentOctober 1, 2021 GBO CorrespondentOctober 1, 202101516 The lender is planning to cut its branches in Italy and Spain
InsuranceTop StoriesKenyan insurtech Lami Technologies partners with Sendy to launch in transit insuranceGBO CorrespondentSeptember 30, 2021 GBO CorrespondentSeptember 30, 202101286 This partnership will enable Kenyans to access simple, hassle-free, and affordable insurance products that are customised on a per-trip basis
TechnologyTop StoriesRipple announces $250 mn Creator Fund to support NFT projectsGBO CorrespondentSeptember 30, 2021 GBO CorrespondentSeptember 30, 202101349 The new creator fund will work with Mintable and VSA
EconomyTop StoriesOman’s GDP increases by 10.1% to reach OMR15.3 bn market price during Q2 2021GBO CorrespondentSeptember 29, 2021 GBO CorrespondentSeptember 29, 202101128 The petroleum sector also registered an increase of 8.7%
Banking and FinanceTop StoriesThe Central Bank of Egypt approves licenses for mobile contactless paymentGBO CorrespondentSeptember 29, 2021 GBO CorrespondentSeptember 29, 202101457 The new service is a part of the government’s strategy to support financial inclusion and digital transformation
Oil and GasTop StoriesTotalEnergies expect the world to reach peak oil demands by 2030GBO CorrespondentSeptember 28, 2021 GBO CorrespondentSeptember 28, 202101430 Oil demand would drop to 40 or 64 mn barrels per day by 2050
Banking and FinanceTop StoriesSingapore and Malaysia’s central banks link PayNow and DuitNowGBO CorrespondentSeptember 28, 2021 GBO CorrespondentSeptember 28, 202101376 The first phase of linking will launch in the fourth quarter of 2022
EconomyTop StoriesDubai’s non-oil foreign trade increases by 31% during H1 2021GBO CorrespondentSeptember 27, 2021 GBO CorrespondentSeptember 27, 202101313 Dubai’s biggest trading partner was China followed by India and the US