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Combining Green Banks and National Funds to Boost Climate Financing in Africa
The African Development Bank has partnered with the Climate Investment Funds to release a scoping report highlighting the impact of combining green banks and national climate funds to accelerate green financing.
- Categories
- Environment, Investing
- Region
- Sub-Saharan Africa
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Sudan’s Record Wheat Harvest Is Proof That Bank Agricultural Transformation Program Will Boost Breadbasket Goal
Despite coronavirus-related lockdowns, travel and transport restrictions, Sudan has just recorded its largest wheat harvest. According to Sudanese officials, the nation saw a wheat production level of a 1.115 million-ton harvest from 315,500 hectares of farmland. That’s quite an improvement from just five years ago, when farmers in Sudan working about a quarter-million hectares of land harvested just 472,000 tons of the grain.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
- Tags
- agritech, banks, emerging markets, environment, farming
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Analysis: Deutsche Bank: Is Egypt the New Darling of Emerging Markets?
The Egyptian economy is among the very few emerging markets (EMs) that is growing, and would continue to grow next year despite the novel coronavirus (COVID-19) pandemic shock, according to a new report released by Deutsche Bank.
- Categories
- Finance, Technology
- Region
- North Africa & Near East
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Emerging-Market Banks Looking at Sustainability-Linked Bonds, HSBC Says
Banks in developing nations are looking at a new bond type as a way into the booming socially responsible debt market, according to HSBC Holdings Plc.
- Categories
- Environment, Finance, Investing
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Minigrid Company Husk Nabs $5 Million in Funding
Husk Power Systems, a minigrid company that focuses on India and Africa, has received a $5 million investment from FMO, a Dutch development bank.
- Tags
- banks, innovation, minigrids, scale, solar energy, technology
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Press Release: Pakistan Making Shift To Clean Power Production and Lower Energy Costs With World Bank Support
The World Bank’s Board of Executive Directors approved $450 million in financing to support Pakistan’s transition to renewable energy resources that reduce its reliance on fossil fuel imports and lower costs of electricity production.
- Categories
- Energy, Environment, Investing
- Region
- North Africa & Near East
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Asian Development Bank Supports Philippines Financial Inclusion Reforms With $300 Million Loan
ADB’s Inclusive Finance Development Program, Subprogram 2, is supporting reforms to help the government reach targets linked to the National Strategy for Financial Inclusion.
- Categories
- Finance
- Region
- South Asia
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The Case for Stakeholder Dividends: Why It’s Time for the Financial Sector to Put Its Money Where Its Mouth Is
While the financial devastation of COVID-19 may remind America's working families of the 2008 crisis, Peter Tufano and Timothy Flacke at Commonwealth argue that this time, banks can be the heroes rather than the villains. They explain why this will require banks to make a pivotal choice between enriching their shareholders and supporting their stakeholders – including the country's most vulnerable customers.
- Categories
- Coronavirus, Finance
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