UK Export Finance invests in Ivory Coast healthcare

UK Export Finance invests in Ivory Coast healthcare

The United Kingdom’s export credit agency has made its largest ever loan to West Africa in support…

The United Kingdom’s export credit agency has made its largest ever loan to West Africa in support of UK exports.

UK Export Finance (UKEF) has agreed to loan EUR 241 million to infrastructure project developer in Sub-Saharan Africa, NMS Infrastructure.

The dual-tranche facility will aid NMS Infrastructure in its construction of six hospitals via an export contract with the Côte d’Ivoire Ministry of Health and Public Hygiene.

The entire project, which is worth EUR 326 million, is for the design, build, and

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Islamic finance and the ethical investor

The rise of impact investing – a term that includes various principles from existing movements like socially responsible investment (SRI) to environmental, social, and governance (ESG) – is down to the fact that more than ever before people are seeking investments in companies and projects that match their values and safeguard their own future.

This means that investors are increasingly looking to put their money into renewable energy, climate action, sustainable agriculture, and many other causes that produce social or environmental benefits.

And it’s not hard to see why: over the past decade, the financial crisis, poor practices, and corruption

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The good, the bad and the urgent with climate finance in 2020

Multilateral development banks (MDBs) play an important role in financing developing countries’ efforts to reduce emissions and protect against the effects of climate change, and 2020 was a critical waypoint for MDB climate finance. For one, it marked the due date for the climate finance targets many MDBs set in 2015. 2020 was also the year by which developed countries committed to mobilize $100 billion per year in climate finance for developing countries, with many developed countries channeling a significant share through MDBs.

Unfortunately, MDB climate finance for developing countries fell by almost 5 percent in 2020 compared to 2019

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Peru’s finance minister tells investors: ‘This is a government of change’

Peru updates

Pedro Francke has been called many things in recent weeks: a moderate in a radical leftwing government, a Marxist who will wreck Peru’s standout free-market economy and a turncoat for accepting the finance minister job in President Pedro Castillo’s administration after initially refusing.

Francke prefers the terms “modern leftist” or “moderate leftist”.

“I’m a leftist who believes that reducing inequality is absolutely fundamental and perfectly compatible with reasonable macroeconomic management,” he told the Financial Times. “The two things can go hand in hand.”

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NAMA Announces Demise of Director, Finance And Accounts

Late Mr. Aniefiok Umoh NAMA, Director of Finance and Accounts
Late Mr. Aniefiok Umoh

NAMA, Director of Finance and Accounts

August 10, (THEWILL) – The Nigerian Airspace Management Agency (NAMA) has announced the demise of its Director, Finance and Accounts (DFA), Mr. Aniefiok Umoh, who passed on, on Sunday.

In an official statement issued Wednesday, signed by the Managing Director, Capt Fola Akinkuotu, NAMA stated that: “It is with great shock, deep pain and disbelief, but with total submission to the will of the Almighty God, that we announce the untimely passing of our Director of Finance and Accounts (DFA), Mr. Aniefiok Umoh, which sad event occurred on Sunday, the

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Transport, Finance Minsters bicker over disbursement of N136.5bn CVFF

By Steve Agbota                                    [email protected]

A directive by President, Muhammadu Buhari and that of the Attorney-General of the Federation, Abubakar Malami, that the controversial Cabotage Vessels Financing Fund (CVFF) should be released to target beneficiaries is threatening the relationship between the Minister of Transport, Rotimi Ameachi and Finance Minister, Zainab Ahmed.

Daily Sun learnt that while the Transport Minister, Amaechi wants the fund, which is in the region of N136.5 billion speedily released to indigenous ship owners, the Finance Minister, Ahmed is completely opposed the idea, insisting that that the fund is a public fund not private fund and it

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Absa and SAP have joined forces on a Pan African Finance Transformation | The Guardian Nigeria News

NAIROBI, Kenya, August 10, 2021 -/African Media Agency(AMA)/- Absa Group has joined forces with SAP for a core finance transformation. A multi country digitisation journey has started with the Absa Groups’ Kenyan subsidiary S/4 HANA implementation being the first country to go live with SAP S/4 HANA

The Kenyan implementation of S/4 HANA was launched on Amazon Web Service Hyperscaler, an African first for SAP and a Tier 1 bank in the African banking industry.

“Using best of breed technology and cloud, we are transforming our Finance business with highly integrated systems, automation and consolidation of our financial data and

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