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us government promotes starlink adoption amid global trade negotiations and tariffs
The U.S. government is actively encouraging countries to approve licenses for Elon Musk's Starlink satellite service, particularly in nations facing tariffs, as part of broader trade negotiations. Countries like Lesotho and India have expedited approvals, viewing them as strategic moves to foster better trade relations with the U.S. Amidst competition with China in telecommunications, U.S. officials see Starlink's global expansion as vital for maintaining American dominance in satellite internet connectivity.
gold prices surge amid trade tensions and geopolitical risks
Gold prices are projected to reach $4,000 an ounce by mid-2026, driven by strong central bank demand and geopolitical tensions. Recent developments include a surge in gold trading in China amid trade war fears, while challenges arise from government actions in Ghana and Mali affecting mining operations. Analysts remain bullish on gold and related stocks, anticipating significant free cash flow growth for senior producers.
peach payments acquires paydunya to expand into west africa
Peach Payments has acquired Senegal-based PayDunya, marking its entry into mainland Francophone Africa and enhancing its capabilities for cross-border transactions. This strategic move supports Peach Payments' growth strategy, which includes expanding market share and launching new products, while also tapping into the rapidly growing digital payments market in West Africa. The acquisition is expected to be finalized in the coming months, further solidifying Peach Payments' position in the pan-African payment ecosystem.
paysky secures recognition and funding to enhance fintech infrastructure in africa
Paysky, a leading digital fintech solutions provider, has secured $6.75 million to enhance Africa's fintech infrastructure. Recognized among Forbes Middle East’s Top 50 Fintech Companies for the third consecutive year, the company operates in 18 countries and processed over $3.9 billion in transactions in 2024. Its innovative offerings include national payment systems, the Yalla Super App, and various digital payment solutions aimed at driving financial inclusion and digital transformation across the region.
paysky secures top fintech recognition and expands digital payment solutions in mena
Saudi Nayla Finance has raised $4 million to support micro-enterprises, while Paysky, a digital fintech leader, has been recognized among Forbes Middle East’s Top 50 Fintech Companies for the third consecutive year. Founded in 2017, Paysky operates in 18 countries, offering innovative digital payment solutions, including the Yalla Super App, which has processed over 17 million transactions since its 2022 launch. The company continues to focus on expanding financial inclusion and driving digital transformation across emerging markets.
paysky secures top fintech recognition and expands digital payment solutions in mena
Saudi Nayla Finance has raised $4 million to support micro-enterprises, while Paysky, a digital fintech leader, has been recognized among Forbes Middle East’s Top 50 Fintech Companies for the third consecutive year. Founded in 2017, Paysky operates in 18 countries, offering innovative digital payment solutions, including the Yalla Super App, which has processed over 17 million transactions since its 2022 launch. The company continues to focus on expanding financial inclusion and driving digital transformation across emerging markets.
UAE startup PlaysOut secures 7 million dollars to expand mini-game ecosystem
UAE-based PlaysOut has secured $7 million in a seed funding round led by KBW Ventures to expand its mini-game ecosystem, valuing the company at $70 million. The funding will enhance its blockchain-powered mini-game engine, targeting growth in the US, MENA, and Asia.Meanwhile, ORO Labs raised $1.5 million to transform gold into a yield-generating asset through blockchain technology, allowing users to earn yield and trade gold-backed assets. The startup aims to bridge traditional gold markets with Web3 finance, leveraging the UAE's robust gold trade environment.
UAE startup PlaysOut secures 7 million dollars to expand mini-game ecosystem
UAE-based PlaysOut has secured $7 million in a seed funding round led by KBW Ventures to expand its mini-game ecosystem, valuing the company at $70 million. The funding will enhance its blockchain-powered mini-game engine, targeting growth in the US, MENA, and Asia.Meanwhile, ORO Labs raised $1.5 million to transform gold into a yield-generating asset through blockchain technology, allowing users to earn yield and trade gold-backed assets. The startup aims to bridge traditional gold markets with Web3 finance, leveraging the UAE's robust gold trade environment.
ubs upgrades barrick gold to buy with new price target of 22 dollars
UBS has upgraded Barrick Gold's rating from "Neutral" to "Buy," raising the price target to $22, citing the stock's current undervaluation compared to competitors. The analysts predict a significant production increase by 2030 and see potential growth in Barrick's copper business, particularly with the Reko-Diq project. Despite high investments, the long-term outlook remains promising, with expectations of a low EV/EBITDA ratio of five times for 2025.
ubs upgrades barrick gold to buy with twenty two dollar target
UBS has upgraded Barrick Gold Corp. from Neutral to Buy, setting a price target of $22, citing a positive outlook on gold and the stock's undervaluation. Despite a recent revenue miss, the company reported strong gold production and has reached a preliminary agreement with the Malian government to resolve a dispute over the Loulo-Gounkoto mine, which could enhance future operations.
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