Zedcrest Capital, a firm known for its debt & equity capital markets investments but recently started dabbling into venture investments, has launched a $10 million fund for pre-Series A stage startups in Africa. The fund, dubbed “Knight Fund,” is aimed at providing last-ditch follow-on capital access to local funding required to help startups consolidate on…
Monthly Archives: July 2022
The healthcare crisis – more evident now as summer heatwaves put pressure on hospitals – is resulting in a staffing boom. But healthcare professionals in Europe can end up with bad terms and pay due to the so many hiring agencies offering medical staff on short-term contracts. As you can imagine, this means this area…
Looking for a portable camping grill to fuel your next outdoor adventure? These Cuisinart deals at Amazon will save you up to 45% as of July 29: The Cuisinart CGG-180TS Petit Gourmet Portable Gas Grill is a stainless steel tabletop grill with 145 square inches of cooking space — $94.78 $139.99 (save $45.21) The Cuisinart CCG190RB…
Developers in some parts of London could face a ban on new developments until 2035 due to data centers gobbling up too much of the power grid capacity. According to sources reported by the Financial Times, the Greater London Authority (GLA) wrote to developers that it could be “more than a decade” before the power…
Intel is set to shut down its Optane memory business, suffering a $559 million inventory write-off in the process. Optane is a type of memory system designed to boost the performance of hard disk drives (HDDs) and slower SATA SSDs by bridging storage and RAM. Intel chief executive Pat Gelsinger attributed the decision to shut…
Google has announced it will begin using its “new machine learning models” to get better search suggestions in Gmail. The tech giant says searching for a conversation, file, or contact information in the Gmail Search Box will now bring up more contextual results with intent matching for names and contact information. Users may notice that…
Neobanks must act fast to turn themselves around. Neglecting the short-term adjustments will lead to insurmountable long-term changes in the banking space that will make survival impossible. Insider Intelligence publishes hundreds of insights, charts, and forecasts on the Banking industry. Learn more about becoming a client. The news: Neobanks need to adjust their short- and long-term…
Delta A350-900. Oleh Yatskiv/Shutterstock Delta Air Lines is launching three new international routes to Cape Town, Tahiti, and Tel Aviv. Both Atlanta to Cape Town and Los Angeles to Tahiti routes have never been flown by Delta before. The news comes as airlines continue to expand their international networks post-pandemic. Beginning this winter, Delta Air…
The UK and EU have agreed to ban insurance for Russian oil cargoes, reports said. VCG/Getty Images Oil traders are flocking to India to sell discounted Russian crude, according to a Bloomberg report. Small international traders have been selling barrels of Russian crude at an $8 markdown. Sri Lanka has turned to international traders as…
Getty Images A Politico report found that the Education Department is ready to cancel student debt once Biden signs off. The department predicts that graduate school debt and parent PLUS loans would be included. It’s been unclear whether those types of loans would qualify, and these plans are not yet finalized. A new report offered…