According to the International Energy Agency, employment in the global energy sector increased last year thanks to growing investment in clean energy technologies. Employment in the energy industry rose to 67 million people in 2022, an increase of 3.5 million compared to pre-pandemic levels, the Paris-based agency said in its report. Employment in the energy …
RIYADH: The Saudi Arabia Tadawul All Share Index rose on Sunday, gaining 85.59 points or 0.79 percent to close at 10,938.95. The benchmark index’s total turnover was SR4.86 billion ($1.29 billion), while 165 companies gained and 55 fell. The Nome Kingdom parallel market also rose 214.75 points, or 0.96 percent, to close at 22,584.38. This …
Norrsken22, an Africa-focused venture capital firm, reached its final total of $205 million, $5 million more than targeted, to support African startups that are ready to scale, otherwise known as growth-stage startups. First launched in January 2022 and raising an initial amount of $110 million, the Norrsken22 African Tech Growth Fund brings together high-net-worth Swedish …
Layr, part of the insurance technology or insurtech companies segment, helps independent, private insurance agencies and brokers automate and digitize property, liability and casualty insurance for small businesses. Layr does not offer employee benefits insurance or personal lines such as homeowners or car insurance. This investment round was led by San Francisco-based Cota Capital, with …
Good morning, Broadsheet readers! 23andMe announces a new service, Kylie Jenner introduces her new clothing line, and the founder builds a new asset class for the second time. Have a nice Thursday. – Brick and mortar. As the co-founder of Glowbar, a chain of facial care stores, Neha Govindraj encountered financial difficulties growing a brick-and-mortar …
Image credits: nothjc/Getty Images House Fund, a pre-seed and early-stage venture capital fund for UC Berkeley startups, particularly artificial intelligence startups, today announced that it has closed the third tranche of Fund III for $115 million. With the closing of Fund III, Ken Goldberg, a University of California, Berkeley professor and prolific roboticist, will join …
Dennis Musau Published: October 25, 2023 12:44 (EAT) Standard Chartered has awarded a total of Ksh9.8 million to seven ventures under its Women in Tech incubator program. PHOTO: Leaflet Seven Kenyan women-led startups on Wednesday received seed funding of Ksh 1.4 million each at the sixth graduation ceremony of the Women in Tech incubator program. …
The median inflation-adjusted net worth for the average household was $1.06 million in 2022, according to the Federal Reserve’s Survey of Consumer Finances. EMS-FORSTER-PRODUCTIONSGetty Images It may be hard to believe when money is tight amid the cost of living crisis, but the average American household has achieved millionaire status. More specifically, the average inflation-adjusted …
Dubai-based real estate technology startup Keyper has raised $6.5 million in a seed funding round, which it will use to expand its operations and geographic footprint from next year, with a focus on overseas markets. The investment round was led by UAE-based early-stage venture capital fund Access Bridge and one-man office Vivium Holdings, with participation …
UAE-based social media app Belong (formerly ASKWHO) has raised $1.5 million ahead of its Series A round, bringing its total capital to $3.5 million. Founded in 2019 by Michael Askew and Matthew Gaziano, Belong is a social media app designed to connect people in cities. The round aims to enhance Belong’s offering …