Rick Fox wants his concrete startup’s carbon credits to subsidize down payments for homeowners
Plenty of companies sell carbon credits, but Rick Fox wants to use them to help lower the cost of acquiring a home made of Partanna’s concrete blocks.
Read moreNithio Invests in SunCulture to Drive Solar Irrigation and Farming Innovations Across Africa
Nithio, a leading energy finance platform in Africa, has announced an investment in SunCulture, an industry leader in solar irrigation and farming technology solutions. Nithio’s investment, made through its investment vehicle, Nithio FI, is part of the Productive Use Appliance Financing Facility (PUAFF), which catalyzes the uptake of productive use
Read moreNormal and non-normal subgroups
The word “normal” in mathematical nomenclature does not always means “usual” or “customary” as it does in colloquial English. Instead, it might that something has a convenient property. That is the case for normal subgroups. We can do things with normal subgroups that we cannot do with other subgroups, such
Read moreAllianz Global Wealth Report Reveals: SA’s Financial Assets on an Upward Trajectory
The 14th edition of the “Global Wealth Report”, was released by Allianz, revealing the asset and debt situation of households in almost 60 countries. Annus Horribilis According the report, 2022 was an annus horribilis for savers. Asset prices fell across the board in an “everything slump” scenario. The result was
Read moreKaspersky Delivers Improved Protection from Fake Accounts
Kaspersky has updated its Digital Footprint Intelligence service delivering improved protection for companies from fake accounts on social networks, as well as from fake apps on mobile marketplaces. Paying Attention to Business Safety In the last year alone, more than 500 million attempts at accessing fraudulent websites were discovered by
Read moreAI chip company Kneron raises $49M to scale up its commercial efforts
Kneron, which is developing AI chips to power self-driving cars, among other autonomous machines, today announced that it raised $49 million in an extension to its Series B round from investors including Foxconn, Alltek, Horizon Ventures, Liteon Technology Corp, Adata and Palpilot. Kneron’s CEO, Albert Liu, says that the new
Read morePan-African contrarian investor P1 Ventures reaches $25M first close for its second fund
P1 Ventures has reached the first close of its second fund at $25 million. It expects to reach a final close early next year.
Read moreThe Financial Impact of Loadshedding on the Mining Sector
Loadshedding has had a significant impact on the South African mining sector. The PwC report ‘SA Mine 2022’ painted a picture of intense economic and structural complexity which was offset by a remarkable overall performance by the sector despite the challenges. More hours in the dark than with power has
Read moreHashtag Trending Sep. 26-Amazon to drop billions into Anthropic; ChatGPT to soon be able to see, hear and speak; Tesla’s robot Optimus can now perform yoga
ChatGPT will soon be able to see, hear and speak. Tesla’s robot Optimus can do yoga. And the AI competition heats up as Amazon prepares to drop billions into OpenAI competitor Anthropic. These and more top tech stories on Hashtag Trending I’m your host Jim Love, CIO of IT
Read moreGIC in talks to lead $40 million funding in India’s Vegrow
GIC is in talks to invest in the Indian startup Vegrow, which runs a business-to-business marketplace for fruits, two sources familiar with the matter said. The Singapore sovereign fund is evaluating leading a $40 million Series C funding round in Vegrow, the sources said. The talks, which have not finalized
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