Xetova, a Kenyan startup, is deploying technologies that make information on market opportunities accessible to traders. It is now building a network of large, medium, and small enterprises, which will be tapped to draw insights and foresights on market opportunities and risks.
Nigerian fintech startup Arteri is helping African healthcare SMEs access multiple credit options to finance their assets, inventory and running costs at low interest rates by allowing them to access various financing options via a single application and offering management tools to help digitize the operations of these SMEs.
In a bid to expand the cloud infrastructure to cater to the growing demand in India, tech giant Google has signed a deal with Raiden Infotech India to pick up a data centre spread over 381,000 sq ft in Navi Mumbai through a lease of 28 years. Alphabet Inc’s company will pay Rs 1,144 crore over first 10 years with a rental escalation of 1.75 per cent every 12 years.
The U.S. Senate has passed a bill that could potentially ban TikTok in the U.S. if its Chinese owner, ByteDance, does not sell its holdings within a year. The bill now goes to the President Biden, who has said he will sign it. Court challenges are likely to follow.