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Analysis: China Wants Tech Companies to Monetize Data, but Few Are Buying In
A first-of-its-kind policy allows Chinese firms to treat data as an asset, but compliance hurdles are keeping many companies on the sidelines.
- Categories
- Technology
- Region
- Asia Pacific
- Tags
- data, e-commerce, gig economy, regulations
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Islamic Finance Breaks New Ground With USD$20 Million Investment Into Pioneering Digital Mineral Sourcing Platform
Minexx, the responsible critical mineral trading company, secures USD$20 million Islamic finance investment to accelerate its AI powered digital platform – MineSmart AI.
- Categories
- Energy, Technology
- Region
- Global
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Kenya Declares Olkaria a Special Economic Zone to Boost Clean Energy Investments
The 8,292-acre Olkaria SEZ is set to attract local and international investors with incentives such as tax exemptions, infrastructure support, and access to affordable geothermal power.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Oze Secures New Funding to Expand Lending Management Solution Across Africa
The undisclosed round will support the company’s efforts to scale its Lending Management System (LMS), a solution designed to help financial institutions provide unsecured digital loans to small businesses.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- corporations, digital finance, fintech, lending, microfinance, MSMEs, scale
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Vidyut Secures $2.5 Million Funding from Flourish Ventures
Vidyut separates batteries from EV ownership and then offers them on a pay-per-kilometre subscription basis.
- Categories
- Investing, Technology, Transportation
- Region
- Asia Pacific
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South Africa Hits Google With R500-Million Demand for News Media
The Competition commission has Google, X, Meta Platforms and other tech and social media companies in its sights.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Africa’s Startup Funding Crisis Deepens as Mastercard Foundation Exits Top VC Firm
Mastercard Foundation pulls out of its $100 million commitment to African venture capital firm 54 Collective.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Apple Shareholders Reject Ban on Diversity Programs
The proposal, by a conservative think tank, was rejected Tuesday. The final vote tally wasn't disclosed.
- Categories
- Technology
- Region
- Global