China, U.S to produce 65% of all digital payments as market hits $4.4trn in 2020
Charles AbuedeJuly 29, 2020
Charles Abuede Digital payments, the biggest income wellspring of the worldwide Fintech market, are set to hit $4.4 trillion in
Oil giant, Saudi Arabia, records $29bn deficit in Q2 as oil demand continues to fall
Businessam StaffJuly 29, 2020
World oil-producing giant, Saudi Arabia, has recorded an oil revenue deficit of $29 billion for the second quarter of the year due to
Unicorns amass $26.5bn in seeding funding since start of 2020, amid COVID-19 outbreak
Charles AbuedeJuly 28, 2020
Charles Abuede Unicorn companies canvassed and have raised $26.5 billion in funding since the start of 2020, in spite of the slowdown
Volkswagen, with $192bn debt burden, is world’s most indebted company
Charles AbuedeJuly 28, 2020
Piles of debt almost equivalent to entire nations, like South Africa or Hungary Daimler and BMW also in top 10 with debts of $151bn,
Covid-19 paralyzes world largest diamond firm as global sales crumples
Businessam StaffJuly 27, 2020
Company to undergo restructuring resulting from the Covid-19 effects Reports $56m rough diamond sales in Q2 2020 In the wake of the
Deteriorating US-China relations is not reflected in markets
Hussein SayedJuly 23, 2020
Hussein Sayed, Chief Market Strategist at FXTM Tensions between the world’s two largest economies are on the rise. After ordering the
Africa50 says digital infrastructure investment critical to Africa’s economic recovery post-Covid-19
Ben EguzozieJuly 23, 2020
Examines investment opportunity for Africa’s recovery Aware that COVID-19 has triggered an unprecedented demand for digital
Netflix employees lead Apple, Facebook, Alphabet, eBay’s in revenue per-head, as paying subscribers surge 797%
Charles AbuedeJuly 22, 2020
Charles Abuede Employees at American streaming giant, Netflix, led those of other tech big names, Apple, Facebook, Alphabet and eBay
AfDB signs $400m senior loans for $20bn MozambiqueLNG landmark project
Charles AbuedeJuly 22, 2020
Charles Abuede The African Development Bank (AfDB) said it is involved in a joint partnership with other global syndicates of
Stripe, Robinhood, other fintech frontrunners raise $4bn in 3 months amid pandemic
Businessam StaffJuly 22, 2020
Charles Abuede A set of data obtained by Business A.M. have revealed that the top tier companies in the global fintech space raised a