China’s trade with BRICS countries surged by 5.1% year-on-year, reaching 4.62 trillion yuan (approximately $ 653 billion) in the first three quarters of 2024. Officials emphasized the importance of BRICS as a crucial platform for developing nations to collaborate, particularly in sectors like steel and textiles, further enhancing their global influence after expanding its …
Ivorian fintech startup Waribei raised $ 820,460 in pre-seed funding to expand its platform, which aims to streamline financial transactions for small businesses in Francophone West Africa. Waribei focuses on understanding the specific needs of merchants and aims to provide solutions that address their liquidity challenges. Addressing Liquidity Woes for Small Businesses Ivory Coast, …
Artificial Intelligence and Web3, are powerful technologies which when combined can create smarter and more decentralized systems, Mario Casiraghi, the co-founder of Singularity DAO, has asserted. Although both technologies have developed separately, Casiraghi argues that their combined strengths can help address limitations like centralized control and data inefficiencies. Clearer Regulations Could Boost AI and Web3 […]
Nigerian fintech startup Okra has entered the cloud infrastructure market in West Africa with its new subsidiary, Nebula. The move aims to diversify revenue and mitigate economic risks. Nebula offers a more affordable alternative to global cloud providers and aligns with the government’s push for local cloud adoption. Despite facing challenges, Okra hopes Nebula will […]
Vaneck, a global investment management firm, has announced the launch of a $ 30 million early-stage venture fund targeting fintech, digital assets, and artificial intelligence (AI) startups. Vaneck’s $ 30M Fund to Invest in Fintech, Digital Assets, and AI Named Vaneck Ventures, the fund will support companies in the pre-seed and seed stages, …