(IN BRIEF) The European Investment Bank (EIB) and Uganda’s Housing Finance Bank (HFB) have joined forces to provide a €50 million investment aimed at supporting private sector entities, particularly SMEs, in Uganda. With a special focus on gender inclusion, at … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Edward Claessen, European Investment Bank, Housing Finance Bank, Jan Sadek, Michael Mugabi, partnership, SMEs, sustainability, Uganda, Women Entrepreneurship
(IN BRIEF) TowerCo of Africa Uganda has secured a US$40 million financing package from European development finance partners to spearhead the installation of 506 new telecom towers in rural areas of Uganda. This initiative, supported by the European Investment Bank, … Read the full press release
Posted in Banks, Belgium, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology, Telecom
Tagged Belgian Investment Company, Development Bank of Austria, EIB, Geoffrey Donnels Oketayot, Jan Sadek, Nada Shall, partnership, Sabine Gaber, sustainability, telecom infrastructure, Thomas Östros, TowerCo of Africa, Uganda
(IN BRIEF) NIB and Nooa Savings Bank Ltd have entered into a EUR 10 million loan agreement aimed at financing small and medium-sized enterprises (SMEs) in Finland. The seven-year maturity loan will support Nooa Savings Bank’s strategic objectives of growing … Read the full press release
Posted in Banks, Business, Economy, Financial, Finland, Industrial, Investment, Management, News, Small Business
Tagged André Küüsvek, NIB, Nooa Savings Bank, partnership, Pekka Haajanen, SMEs
(IN BRIEF) ING has published its 2023 Annual Report, offering stakeholders an overview of its strategy, business activities, and performance throughout the year. Despite facing numerous challenges such as geopolitical tensions, economic shocks, and climate-related disasters, ING has navigated successfully … Read the full press release
Posted in Banks, Business, Economy, Environment, Industrial, Investment, Management, Netherlands, News
Tagged 2023 Annual Report, Financial, ING, investment, Karl Guha, resilience, Steven van Rijswijk, sustainability
(IN BRIEF) Schroders Capital’s private markets investment division announces its intention to launch a UK venture and growth Long-Term Asset Fund (LTAF) with a £300 million cornerstone investment, backed by the British Business Bank (BBB) and Phoenix Group. This initiative, … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged Andy Briggs, Growth Fund, investment, Long-Term Asset Fund (LTAF), partnership, Peter Harrison, Schroders, UK Venture
(IN BRIEF) Stora Enso’s innovative Harvesting Partner concept, aimed at fostering entrepreneurship and skillful operators in the forest industry, has expanded across Sweden, Finland, Norway, and Lithuania since its launch in November 2022. In collaboration with SEB, Stora Enso has … Read the full press release
Posted in Banks, Business, Construction, Electronics & Machinery, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Investment, Lithuania, Management, News, Norway, Sweden, Technology
Tagged entrepreneurs, Financing Model, Finland, Forest Industry, innovative, Jakob Hansson, Lithuania, Mattias Bränngård, Norway, partnership, SEB, Stora Enso, sustainability, Sweden
(IN BRIEF) In the last quarter (1 Dec 2023 – 1 Mar 2024), Europe’s cybersecurity scene was marked by significant strides, with Thales and Ericsson leading initiatives to enhance digital security. Thales’ TrustNest R-Cloud received European Restricted certification, bolstering secure … Read the full press release
Posted in Aviation & Aerospace, Awards, Banks, Business, Defence, European Union, Financial, France, Germany, Government, Internet & Online, Management, News, Security & Safety, Spain, Sweden, Technology, Telecom, Türkiye, United Kingdom
Tagged 5G Security, 6G, 6G Networks, 6point6, Accenture, acquisition, AI, ANSSI, Applied Risk, Aristeo, avionics, Christoph Ruffner, Cisco Cyber Security Defender Award 2024, cloud security, CrowdStrike, CVE Numbering Authority, cyber intelligence, cyber security, cyber threats, Cybersecurity, Deutsche Telekom, digital threats, distributed intelligence, DNV, Enea, Ericsson, Ericsson Research Türkiye, eSIM management, European Commission, HORSE, iboss, identity protection, Imperva, IoT deployments, Magenta Security on Net, Microsoft Intelligent Security Association, military intelligence, ML, Mobile World Congress, NatWest, Nixu, Nostradamus, Open Banking, Payit™ by NatWest, Post-quantum cryptography, PQC, privacy protection, Quantinuum, quantum key distribution, SCC, SK Telecom, Stuart Perkins, Telefónica Tech, Thales, TrustNest R-Cloud, vodafone, Zero Trust
(IN BRIEF) The European Investment Bank (EIB) and Centenary Rural Development Bank Ltd (CERUDEB) have unveiled a landmark €100 million investment aimed at bolstering private sector enterprises in Uganda, particularly focusing on women borrowers and rural microenterprises. With 50% of … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged CERUDEB, Edward Claessen, EIB, Jan Sadek, Mr. Fabian Kasi, partnership, President Museveni, Rural Enterprises, SMEs, sustainability, Uganda, women entrepreneurs
(IN BRIEF) Indian Prime Minister Narendra Modi, virtually inaugurated the first 6 km section of the Agra metro, alongside Chief Minister of Uttar Pradesh Yogi Adityanath and other dignitaries. Funded by a €450 million loan from the European Investment Bank … Read the full press release
Posted in Banks, Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology, Transportation & Logistics
Tagged Agra Metro, Cultural Heritage, Hervé Delphin, INDIA, Narendra Modi, Nicola Beer, Nina Fenton, partnership, Sushil Kumar, sustainability, urban transport, Yogi Adityanath
(IN BRIEF) The European Investment Bank (EIB) is collaborating with Sunfire, a German-based company, to support the development of solid oxide electrolysers for green hydrogen production in industrial applications. Through a venture debt loan of up to €100 million, with … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged EIB, green hydrogen production, Iliana Ivanova, Nicola Beer, Nils Aldag, partnership, Sunfire, sustainability
(IN BRIEF) The European Investment Bank (EIB) and Otua Group have collaborated on a €40 million loan to facilitate the construction of a new recycling plant for automotive waste plastics and the upgrade of existing metal waste processing facilities. This … Read the full press release
Posted in Banks, Business, Construction, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Spain, Technology
Tagged Amaia Trebiño, Antonio Lorenzo, EIB, investment, Otua Group, partnership, Spain, sustainability
(IN BRIEF) A milestone development has unfolded as Austrian government bonds become continuously tradable on the Vienna Stock Exchange, allowing investors to engage in buying and selling activities throughout trading hours. Market makers such as Erste Group and Raiffeisen Bank … Read the full press release
(IN BRIEF) MNG Plastik Gogić, a family-owned plastic manufacturing company based in Indjija, Serbia, celebrates over 50 years of successful business operations. Specializing in plastic waste containers, bins, and stadium seats, the company exports to over 60 countries worldwide. With … Read the full press release
Posted in Banks, Business, Environment, European Union, Financial, Government, Industrial, Investment, Management, News, Serbia, United Kingdom
Tagged Aleksandra Vukosavljevic, EBRD, EU, Goran Gogić, Martin Klaucke, MNG Plastik Gogić, partnership, SERBIA, SME, sustainability
(IN BRIEF) Societe Generale announces the appointment of Ludivine Labarre as Group Deputy Chief Risk Officer, effective from March 1, 2024. Labarre, reporting to Stéphane Landon, Group Chief Risk Officer, brings her extensive experience in financing, risk management, and ESG … Read the full press release
Posted in Banks, Business, Financial, France, Industrial, Investment, Management, News
Tagged appointment, Group Deputy Chief Risk Officer, leadership, Ludivine Labarre, SOCIÉTÉ GÉNÉRALE, Stéphane Landon
(IN BRIEF) ABN AMRO introduces its new brand campaign, centered around the theme of new beginnings, reflecting its commitment to supporting clients in various life events and financial decisions. The campaign, launched with the tagline ‘For Every New Beginning’, emphasizes … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, Marketing, Netherlands, News
Tagged 'For Every New Beginning', ABN Amro, brand campaign, Patrick Kuijsters
(IN BRIEF) BBVA is set to commence a new share buyback program on Monday, March 4th, amounting to €781 million, following approval from the European Central Bank. This buyback, constituting part of the regular distributions for 2023, is a component … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, Spain
Tagged BBVA, Financial, investment, Share Buyback Program
(IN BRIEF) Garanti BBVA, in collaboration with ‘The Ekonomist’ and the Women Entrepreneurs Association of Türkiye (KAGIDER), recently hosted Türkiye’s 17th Women Entrepreneur Awards on February 27, 2024. Nagihan Yılmaz was honored as the “Woman Entrepreneur of the Year” for … Read the full press release
Posted in Awards, Banks, Business, Economy, Financial, Government, Industrial, Investment, Management, Media, News, Spain, Technology, Türkiye
Tagged 'The Ekonomist', Awards, Esra Bezircioğlu, Garanti BBVA, Nagihan Yılmaz, partnership, Recep Baştuğ, Şevin Ballıktaş, Talip Yılmaz, Türkiye’s 17th Women Entrepreneur Awards, women entrepreneurs, Women Entrepreneurs Association of Türkiye (KAGIDER)
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and Eiffel Investment Group are teaming up to advance solar energy development in Poland through a €45 million joint loan to PL-SUN Sp.z.o.o. This funding will support the construction of … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Poland, United Kingdom
Tagged Andrius Stonkus, EBRD, Eiffel Investment Group, Elisabetta Falcetti, partnership, Poland, solar energy, sustainability
(IN BRIEF) Monesave, a social fintech innovator, introduces its latest feature: Anonymous Budget Benchmarking, enabling users to craft personalized budgets and compare progress with peers anonymously. Recognizing the solitary nature of traditional budgeting, Monesave’s Budgeting App offers a supportive environment … Read the full press release
Posted in Banks, Business, Economy, Education, Financial, Ireland, Society, Technology
Tagged accountability, Anonymous budget comparisons, Anonymous Budgeting, Budget benchmarking, Budgeting, Budgeting and savings community, Budgeting app, collaboration, Collective action, Community Savings, Community touch, Crypto trading, diversification, empathy, financial management, financial struggles, fintech, Fintech App, Group savings, INNOVATION, Investment clubs, Monesave, Patrick Enin, Personal Finance, Saving as a group, Social Communities, social media, Social Savings, Socialised budgeting, start up, Supportive environment, transparency, Virtual support network, Wealth accumulation
(IN BRIEF) The Nordic Investment Bank (NIB) has entered a 7-year loan agreement with Arva AS, a Norwegian distribution grid operator, to bolster the efficiency and resilience of the electricity distribution network in Northern Norway. Valued at NOK 500 million … Read the full press release
Posted in Banks, Energy, Gas & Oil, Financial, Finland, Industrial, Infrastructure & Utilities, Investment, Norway
Tagged Arctic Norway, Arild Moen, Arva AS, Bodø Energi, charging infrastructure, credit rating, economic growth, Electricity distribution network, Electrification of society, financial institution, Grid efficiency, Grid resiliency, Infrastructure refurbishment, Investment programme, Moody’s, NIB, Nordic Investment Bank, Patrik Marckert, power lines, Public sector financing, Standard & Poor's, Sub-stations, Troms Kraft
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