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Carlos Slim Cuts Ties With Elon Musk’s Starlink, Invests $22 Billion in Independent Network
Carlos Slim has ended his partnership with Elon Musk’s Starlink, opting for independent infrastructure development. Slim’s América Móvil plans a $22 billion investment to bolster its telecom services, signaling a competitive shift in Latin America’s market.
- Categories
- Technology, Telecommunications
- Region
- Latin America
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Indonesia, Apple Reach Agreement to End iPhone 16 Sales Ban
The ban was lifted five months after Indonesia blocked the U.S. iPhone maker from selling its iPhone 16 phones in Indonesia for violating the country’s regulation mandate.
- Categories
- Technology
- Region
- South Asia
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$1 Billion Investment Gets IKEA Closer to Being ‘Fully Circular’ by 2030
The retailer's venture capital arm backs three recyclers and a software firm.
- Categories
- Technology, WASH
- Region
- Global
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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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