Commonwealth News
African Development Bank signs agreement to fund regional financial market infrastructure of the West African Monetary Union
The African Development Bank signs a grant agreement of $400,000 with the Dépositaire Central/Banque de Règlement of the West African Monetary Union (WAMU) to advance the regional financial market infrastructure. The funds are expected to automate and modernise the...
Bangladesh Flag Day
After gaining independence, the first ever flag was waved on March 2, 1971. The green colour in the flag represents the grace of the green landscape while the red disk is a symbol of the sun rising over a new country.
African Metaverse set to boost economy and create employment
Africa plans to commercialise the 3D virtual reality experience, through Ubuntuland, a virtual land that marries creativity, cryptocurrency, and commerce. Announced at an event in Johannesburg, the virtual land aims to connect Africa to the global digital economy....
Airtel acquires strategic stake in blockchain technology startup Aqilliz
Bharti Airtel (“Airtel”), India’s premier communications solutions provider, acquires a strategic investment in Singapore-based blockchain tech startup Aqilliz. It is a part of its Startup Accelerator Program where it aims to deploy advanced blockchain technologies...
Ratan Tata-backed BlueStone Jewellery plots Rs 1,500 crore IPO: Report
Ratan Tata-backed online jewellery startup BlueStone is planning to raise an initial public offering (IPO) of more than Rs 1,500 crore. Existing private equity investors are likely to sell their holdings entirely or partly through an offer for sale (OFS). Read the...
Biocon Biologics to acquire Viatris’ biosimilars business for up to $3.3 billion in stock and cash
Biocon Biologic (BBL), a subsidiary of Biocon announces to enter into a definitive agreement and acquire Viatris biosimilars business to create a unique fully integrated global biosimilars enterprise. Viatris will receive cash consideration of about $2 billion on the...