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Chinese electric vehicle (EV) manufacturer BYD has reported impressive annual revenue figures for 2024, surpassing its main competitor, Tesla. The Shenzhen-based company announced that its revenue surged by 29%, reaching an impressive 777 billion yuan (approximately $107 billion or £83 billion). This growth was significantly driven by the robust sales…

Trade Shield, a South Africa-based enterprise specializing in credit risk management solutions, has successfully secured ZAR 15 million (approximately $825,000) in funding from the Vumela Enterprise Development Fund, which is managed by Edge Growth. This financial backing is aimed at facilitating the company’s growth opportunities both within South Africa and…

Kenya’s leading banking institution, KCB Group PLC, is making a bold move into the digital financial arena with its announcement on March 24, 2025, regarding the planned acquisition of a 75% stake in Riverbank Solutions Limited, a prominent local financial technology firm. This strategic initiative underscores KCB’s ambition to strengthen…

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