Category: Finance

An impressive US$24.55 billion in green and sustainable finance was generated by the MENA region in 2021, an increase from US$3.8 billion in 2020…reports Asian Lite News The UAE witnessed a 32 percent year-on-year (YoY) growth in its 2022 green and sustainable finance issuing, a new report by leading consulting firm Arthur D. Little showed. […]

ESAF Small Finance Bank and electric equipment manufacturer V-Guard Industries signed an agreement to provide financing options to customers looking to install solar rooftop power systems. Under the agreement, ESAF Bank will provide various financing options, including loans and attractive installment payment plans, a statement said. […]

LISTED telecoms giant, Econet Wireless Zimbabwe, has appointed Mr Chengeto Moyo as its new financial director effective from 1 March 2023. “We are pleased to announce the appointment of Chengeto L Moyo to the position of finance director for Econet Wireless Zimbabwe Limited with effect from 1 March 2023,” reads a statement issued today from […]

The world of cryptocurrency is rapidly evolving. As the asset class continues to mature, investors are increasingly looking for ways to protect their funds and ensure transparency within exchanges. Recently, Bybit CEO Ben Zhou spoke out on this issue at the 2021 Finance Magnates Virtual Summit London Edition. He addressed how crypto platforms can raise […]

Nexi S.p.A. (“Nexi”) and Banco de Sabadell, S.A. (“Sabadell”) have reached an agreement to establish a long-term partnership in the Spanish market. According to the terms of the transaction, Nexi will acquire 80% of Sabadell’s merchant acquiring business, after its carve-out into PayComet, S.L. (“PayComet”), a fully owned Sabadell company and already a licensed payment institution, for 280 […]

In fulfillment of government assurance to bondholders who did not tender their old bonds, the Ministry of Finance is taking administrative steps to ensure that payments of coupons and principals of the old bonds resume by March 13, 2023. In a statement, the Ministry, however said the newly issued bonds have been settled and listed […]

Ghana International Bank (GHIB), a wholly-Ghanaian bank incorporated in the United Kingdom, has facilitated a trade finance training programme for over 60 bankers from across six West African countries. The four-day trade finance training seminar in Ghana focused on various international trade finance products that banks can use in serving their customers. Speaking to the […]

By Gloria Methri Today Castlelake Credit Facility FinTech Marco, the tech-enabled trade financing platform built for small and medium-sized businesses in Latin America and the United States has received a $200 million credit facility from MidCap Financial and Castlelake. arco has also announced it raised $8.2 million in equity funding, led by Arcadia Funds LLC. The new funding […]

A slew of billion-dollar infrastructure projects and an upswing in tourism will fuel Thailand’s expansion this year, shielding the economy from weaker exports and any possible delay in the budget approval due to elections, according to Finance Minister Arkhom Termpittayapaisith. Government approvals for three projects at a combined investment of about 524 billion baht ($14.9 billion) […]

Mumbai (Maharashtra) [India], February 28 (ANI/PRNewswire): NUUU has emerged as a winner to bag the prestigious ET Ascent Award for its innovative new age Fintech app. The prestigious ET Ascent award honors business leaders and organisations that have made outstanding contribution to the business world. The award was presented to NUUU at the ET Ascent […]