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Published on Mar 20, 2023

Infinity Power acquires 100% stake in Lekela Power in Africa

Egyptian-Emirati energy company Infinity Power has acquired a complete stake in Lekela Power in Africa, adding 1GW of renewable capacity to its portfolio. Although based in the Netherlands, Lekela operates 1GW worth of wind power projects in South Africa, …

Source: Power Technology - Neutral
Published on Mar 20, 2023

The IMF analyzes the design of CBDCs in the context of Islamic banking and finds that some risks increase

According to a study published by the International Monetary Fund, A central bank digital currency (CBDC) can affect monetary policy by increasing the velocity of money, disintermediation, bank reserve volatility, currency substitution, and disrupting …

Source: Bullfrag - Uncategorized
Published on Mar 20, 2023

IMF examines CBDC design in context of Islamic banking, finds some risks magnified

A central bank digital currency can impact monetary policy by increasing money velocity, disintermediation, volatility of bank reserves, currency substitution and altered capital flows, even when it is not designed to do so, according to a study published …

Source: Coin Telegraph - Neutral
Published on Mar 20, 2023

Infinity Power finalizes acquisition of Lekela Power in Africa's biggest renewable energy deal

Africa Lekela Power The transaction makes Infinity Power the largest renewable energy company on the African continent. Infinity's key stakeholders include Africa Finance Corporation (AFC) and European Bank for Reconstruction and Development (EBRD …

Source: Post Online Media - Label Pending
Published on Mar 20, 2023

Egyptian Financial Regulatory Authority sharpens focus on sustainability with UK banking alliance

Mon 20 Mar 2023 | 03:58 PM The London Institute of Banking & Finance (LIBF) and Egypt’s Financial Regulatory Authority (FRA), represented by the Regional Center of Sustainable Finance (RCSF) signed a Memorandum of Understanding (MoU) to promote …

Source: Sada Elbalad - Gov't Propaganda
Published on Mar 20, 2023

African central banks set to lift rates to battle inflation and avoid sell-off of assets

The biggest economies will use different approaches to keep prices in check and manage contagion from the collapse of Silicon Valley Bank and the crisis at Credit Suisse Group 20 March 2023 - 11:47 Agency Staff Central banks in Africa’s biggest economies …

Source: BusinessLIVE - Uncategorized
Published on Mar 20, 2023

Oakwood Green Africa Ltd, Afreximbank & GIEPA to hold 2nd Banjul Trade Roadshow

This year’s edition is under the Theme "Sustaining the Intra Africa Trade Drive: Navigating the Last Mile”. Building on the gains made in the maiden edition of the Gambia Trade roadshow which was held last year, this year’s roadshow will serve to …

Source: The Point - Neutral
Published on Mar 20, 2023

The Banker Shorts – Week ending March 17, 2023

Our Banker Shorts are organised slightly differently this week, given the wide variety of industry events that added to our normal coverage of insight and analysis of the global banking industry. The collapse of Silicon Valley Bank, as well as turmoil at …

Source: The Banker - Neutral
Published on Mar 20, 2023

Masdar JV Infinity Power acquires Africa’s Lekela Power in landmark renewable energy deal

Infinity Power, a joint venture between Egypt’s Infinity and UAE’s Masdar, has completed the acquisition of the entire shareholding of Lekela Power. The transaction makes Infinity Power the largest renewable energy company on the African continent. …

Source: Gulf Business - Neutral
Published on Mar 20, 2023

African renewables platform Lekela moves to new owner Infinity Power

Dublin-based renewables developer Mainstream Renewable Power and private equity firm Actis have completed the sale of their Lekela platform, Africa’s largest pure-play renewables independent power producer (IPP), to Infinity Power. The deal, with an …

Source: Renewables Now - Neutral
Published on Mar 20, 2023

Morocco Takes Part in 55th Session of COM2023 in Addis Ababa

MOROCCO, March 20 - The 55th session of the Conference of African Ministers of Finance, Planning and Economic Development (COM2023) started, on Monday in Addis Ababa, its proceedings with the participation of Morocco. Ambassador Mohamed Arrouchi, the …

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Published on Mar 20, 2023

Infinity Power adds 1GW African wind portfolio

Infinity Power has completed the acquisition of the entire shareholding of Lekela Power, adding the group’s 1GW of African wind projects. The assets are located across South Africa, Egypt and Senegal. In addition, Lekela has a 1.8GW project pipeline in …

Source: reNEWS - Label Pending
Published on Mar 20, 2023

The 5 richest people in Morocco in 2023

Morocco’s total private wealth amounts to $125 billion, and the country has over 5,000 individuals with a net worth of more than $1 million. Although Morocco is home to three billionaires, it has fewer billionaires compared to Nigeria, South Africa, and …

Source: GhanaWeb - Neutral
Published on Mar 20, 2023

Bank Crisis, Sticky Inflation to Spur Rate Hikes in Africa’s Biggest Economies

(Bloomberg) -- Central banks in Africa’s biggest economies are poised to raise interest rates this month to contain sticky inflation and deter a selloff in their assets exacerbated by the collapse of US lender Silicon Valley Bank and stress at Credit …

Source: BNN Bloomberg - Neutral
Published on Mar 20, 2023

King Faisal Prize Awards $1 Million, in Recognition of COVID-19 Vaccine Development, Nanotechnology Ingenuity ...

Riyadh, Saudi Arabia, March 20, 2023 (GLOBE NEWSWIRE) -- On 20 March, Harvard University and Oxford University professors Dan Barouch from the US and Sarah Gilbert from the UK received the King Faisal Prize for Medicine in Riyadh, Saudi Arabia for their …

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Published on Mar 20, 2023

23 Fintech Events in the Middle East to Attend in 2023

The fintech industry in the Middle East and North Africa (MENA) region has grown considerably over the past couple of years, driven by supportive government initiatives, a demographic which offers huge opportunities and booming venture capital (VC) funding …

Source: Fintechnews Middle East - Neutral
Published on Mar 19, 2023

Egypt: Alaa Abdel-Fattah's sister re-starts #FreeAlaa campaign after COP27 silence

Alaa Abdel-Fattah ended his hunger strike in November last year after his situation had drawn high-profile international attention and there had been serious concern for his life. But very little has changed since, and the Egyptian-British pro-democracy …

Source: Deutsche Welle - Public Broadcaster
Published on Mar 20, 2023

[Latest] Global (ITAD) IT Asset Disposition Market Size/Share Worth USD 28.56 Billion by 2030 at a 7.6% CAGR: Custom ...

Asutin, TX, USA, March 20, 2023 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled "IT Asset Disposition (ITAD) Market Size, Share, Growth Analysis Report By Service (De-Manufacturing & Recycling, Remarketing …

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Published on Mar 20, 2023

Global Industrial IoT Market Intelligence Report 2023: Sector to Reach $162.26 Billion by 2030 at a CAGR of 9.37%

DUBLIN, March 20, 2023 /PRNewswire/ -- The "Industrial IoT Market Intelligence Report - Global Forecast 2023-2030" report has been added to ResearchAndMarkets.com's offering. The Global Industrial IoT Market is projected to reach USD …

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Published on March 21, 2023 - 03:10 GMT

Greenberg Traurig's Lisa M. Simonetti Once Again Recognized as Banking and Finance Visionary

Lisa M. Simonetti, shareholder of global law firm Greenberg Traurig, LLP, was named a 2023 Banking and Finance Visionary by the Los Angeles Times. LOS ANGELES (PRWEB) March 20, 2023 Lisa M. Simonetti, shareholder of global law firm Greenberg Traurig, LLP, …

Distribution channels: Banking, Finance & Investment Industry
Published on March 21, 2023 - 03:10 GMT

Greenberg Traurig's Lisa M. Simonetti Once Again Recognized as Banking and Finance Visionary

Lisa M. Simonetti, shareholder of global law firm Greenberg Traurig, LLP, was named a 2023 Banking and Finance Visionary by the Los Angeles Times. LOS ANGELES, March 20, 2023 /PRNewswire-PRWeb/ -- Lisa M. Simonetti, shareholder of global law firm …

Distribution channels: Banking, Finance & Investment Industry

Published on March 20, 2023 - 20:29 GMT

Introducing Part Genie Credit Net Terms to help businesses combat the Banking Crisis

Summon Electronics Announces Part Genie Credit, Net Terms Program to Support companies impacted by the Banking crisis. LONGWOOD, FLORIDA, USA, March 20, 2023 /⁨EINPresswire.com⁩/ -- Summon Electronics, a hybrid electronic component distributor, …

Distribution channels: Automotive Industry, Business & Economy ...
Published on March 20, 2023 - 13:13 GMT

Banking could be Facing a Systemic Risk Amid Rising Level of Money Anxiety Says Dr. Dan Geller

A scientific study, presented by Dr. Dan Geller, of Analyticom, to the former Chairman of the FDIC, exposes two major vulnerabilities in the FDIC’s risk models. SAN FRANCISCO, CA, USA, March 20, 2023 /⁨EINPresswire.com⁩/ -- The banking crisis that …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...

Published on March 21, 2023 - 01:55 GMT

First Foundation Provides Update on Financial Strength

First Foundation Inc. FFWM ("First Foundation" or the "Company"), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors and First Foundation Bank today issued the following updated …

Distribution channels: Banking, Finance & Investment Industry
Published on March 21, 2023 - 01:56 GMT

Looking Glass Labs Agrees to Monetize GenZeroes Productions Inc. and GenX Smart Contract

VANCOUVER, British Columbia, March 20, 2023 (GLOBE NEWSWIRE) -- Looking Glass Labs Ltd. ("LGL" or the "Company") NFTX NFTX LGSLF (FRA: H1N), a leading Web3 platform specializing in immersive metaverse environments, play-to-earn …

Distribution channels: Banking, Finance & Investment Industry
Published on March 21, 2023 - 01:56 GMT

Financing the transition: How to make the money flow for a net-zero economy

New report from ETC quantifies the financial need and identifies policies required to unleash investment on the scale required LONDON , March 21, 2023 /PRNewswire/ -- Investments in clean energy must quadruple within the next two decades according …

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Published on March 21, 2023 - 01:56 GMT

Financing the transition: How to make the money flow for a net-zero economy

New report from ETC quantifies the financial need and identifies policies required to unleash investment on the scale required LONDON , March 21, 2023 /CNW/ -- Investments in clean energy must quadruple within the next two decades according to the …

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Published on March 21, 2023 - 05:04 GMT

Trade Finance Market is Expected to Reach $ 90,212 million by 2030 at CAGR of 7.4% | Citigroup Inc., Euler Hermes Group

PORTLAND, OREGAON, UNITED STATES, March 21, 2023 /⁨EINPresswire.com⁩/ -- Allied Market Research published a new report, titled, “Trade Finance Market by Product Type (Commercial Letters of Credit (LCs), Standby Letters of Credit (LCs), Guarantees, …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 21, 2023 - 00:45 GMT

Wealth Management Market Size Along with the Current Trends | CREDIT SUISSE GROUP AG, Goldman Sachs (Updated PDF)

PORTLAND, OREGAON, UNITED STATES, March 21, 2023 /⁨EINPresswire.com⁩/ -- Allied Market Research published a new report, titled, “Wealth Management Market By Business Model (Human Advisory, Robo Advisory, and Hybrid Advisory), Provider (FinTech …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 20, 2023 - 23:48 GMT

Kimberly Rosales Reveals Strategies to Incorporate Blockchain Technology in Businesses

FinTech Guru Kimberly Rosales Imparts Valuable Techniques for Seamlessly Merging Blockchain Technology with Business Operations. QUéBEC, CANADA, March 20, 2023 /⁨EINPresswire.com⁩/ -- Renowned FinTech expert Kimberly Rosales shared her valuable …

Distribution channels: Banking, Finance & Investment Industry ...
Published on March 20, 2023 - 23:36 GMT

LLYC and Círculo CFOs Examine Key Investor Concerns in Uncertain Times

CFOs and Investor Relations Managers are most concerned about the impact of rising inflation and interest rates. LLYC (BME:LLYC) MIAMI, FLORIDA, U.S., March 20, 2023 /⁨EINPresswire.com⁩/ -- International communications consulting firm LLYC and …

Distribution channels: Banking, Finance & Investment Industry, Companies ...
Published on March 20, 2023 - 21:30 GMT

One Planet Group Invites Employees to Make a Difference

Announcing 2023 Service Days WALNUT CREEK, CA, USA, March 20, 2023 /⁨EINPresswire.com⁩/ -- One Planet Group is pleased to announce the release of its Service Days calendar for 2023. An essential aspect of One Planet Group's culture and …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 20, 2023 - 20:59 GMT

Ken Jisser, CEO of The Pipeline Group joins AuthID’s Board of Directors

Founder & CEO of The Pipeline Group, Ken Jisser, named one of four new members to join AuthID's Board of Directors last week SAN JOSE, CALIFORNIA, UNITED STATES, March 20, 2023 /⁨EINPresswire.com⁩/ -- AuthID, a company providing secure …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 20, 2023 - 20:57 GMT

Panxora Crypto I Hedge Fund - Top Performer In 2022

CAYMAN ISLANDS , March 20, 2023 /⁨EINPresswire.com⁩/ -- 2022 has been a rough year for all cryptocurrencies. In fact, bitcoin, the cryptocurrency with the largest market cap lost nearly 65% of its market value by the end of the year. The market’s …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 20, 2023 - 19:56 GMT

UNAVX - All Seasons Fund's Morningstar Ranking

NEW YORK, NY, USA, March 20, 2023 /⁨EINPresswire.com⁩/ -- As of March 14, 2023, the USA Mutuals All Seasons Fund (symbol: UNAVX) was ranked in the top 1% for total return in Morningstar’s Equity Market Neutral Category for the latest 5-Year period …

Distribution channels: Agriculture, Farming & Forestry Industry, Banking, Finance & Investment Industry ...
Published on March 20, 2023 - 19:13 GMT

Saif Al Faris Presents 100% Non-Alcoholic Perfumes & Cosmetics with Divine Fragrances

Saif Al Faris is a perfumes and cosmetics brand from Dubai. DUBAI, UAE, March 20, 2023 /⁨EINPresswire.com⁩/ -- Saif Al Fares (a perfumes and cosmetics brand from Dubai) presents 100% high-quality non-alcoholic perfumes & cosmetics. Saif Al …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 20, 2023 - 19:04 GMT

Monster Pitch Announces its scheduled arrival in Los Angeles in the fall of 2023

The event is scheduled for Sept 25-30, 2023. LOS ANGELES, CALIFORNIA, UNITED STATES, March 20, 2023 /⁨EINPresswire.com⁩/ -- Monster Pitch is being hosted by The City Of Los Angeles along with the Global Digital Film Market Alliance and will be …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 20, 2023 - 19:04 GMT

NBCU LX to Premiere New Reality Music Show that Offers a twist - Chasing the Dream

A Dream Come True for Show Developer/Showrunner/Writer/Creator Monica Kelley Celebrity Mentors are Paired with Raw Talent from Underserved Communities NEW YORK, NEW YORK, USA, March 20, 2023 /⁨EINPresswire.com⁩/ -- A new reality based …

Distribution channels: Banking, Finance & Investment Industry, Culture, Society & Lifestyle ...
Published on March 20, 2023 - 19:02 GMT

Disastrous San Diego Housing Affordability Becomes Less Attainable for Millennial Homebuyers

Affording a home in San Diego, California is getting tougher by the minute for millennial homebuyers facing mountains of debt. SAN DIEGO, CA, UNITED STATES, March 20, 2023 /⁨EINPresswire.com⁩/ -- The affordability of housing in San Diego, …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on March 20, 2023 - 18:42 GMT

Family Offices Offer Alternative Financing Opportunities During Turbulent Times

Tightening of credit and rising interest rates have companies looking for alternative sources of capital. Family offices offer an attractive option for many. NEW YORK, NY, UNITED STATES, March 20, 2023 /⁨EINPresswire.com⁩/ -- With the failure of …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 20, 2023 - 17:58 GMT

Beyond Orbit’s AI Voice Bots: Calling Thousands Of Leads Per Day Without Adding Staff

Beyond Orbit, a leading provider of AI-powered voice bots, is proud to announce that its solution can help businesses improve their customer service experience. MESA, AZ, UNITED STATES, March 20, 2023 /⁨EINPresswire.com⁩/ -- Beyond Orbit, a …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 20, 2023 - 17:55 GMT

Sharifah Hardie Ceases Efforts to Raise $1.5B for Small Black Businesses Amid Website Closure

The City of Long Beach is excepting donations to fight this homeless crisis: https://lbpost.com/news/how-to-donate-to-help-homeless-residents-in-long-beach LONG BEACH, CA, UNITED STATES, March 20, 2023 /⁨EINPresswire.com⁩/ -- In …

Distribution channels: Banking, Finance & Investment Industry, Companies ...
Published on March 20, 2023 - 17:51 GMT

Whitney McWhorter & McWhorter Foundation Announce $10Million Philanthropic commitment to Educational/Nutrition Programs

PALM BEACH , FL, UNITED STATES , March 20, 2023 /⁨EINPresswire.com⁩/ -- Whitney McWhorter and The McWhorter Foundation Announce a $10Million Philanthropic commitment to Educational Enrichment and Educational Nutrition Programs. McWhorter and …

Distribution channels: Agriculture, Farming & Forestry Industry, Banking, Finance & Investment Industry ...
Published on March 20, 2023 - 17:34 GMT

Quickpay Funding’s Veronica Beach is recognized as one of the Top Women in Asset-Based Lending (ABL)

ABF Journal names Veronica Beach to Top Women in Asset-Based Lending for 2023 LAS VEGAS, NEVADA, UNITED STATES, March 20, 2023 /⁨EINPresswire.com⁩/ -- Quickpay Funding LLC proudly announced today that Veronica Beach, Co-Founder and Chief …

Distribution channels: Agriculture, Farming & Forestry Industry, Banking, Finance & Investment Industry ...
Published on March 20, 2023 - 17:23 GMT

Data Monetization and Business Decision-Making Skills Will be Highlighted at WWDVC's Monday Business Program

Data Vault Alliance Announces Troy Belanger's Session "Monetizing Your Data Strategy" as Part of Monday Business Program Track ST. ALBANS, VERMONT, UNITED STATES, March 20, 2023 /⁨EINPresswire.com⁩/ -- The World Wide Data Vault …

Distribution channels: Aviation & Aerospace Industry, Banking, Finance & Investment Industry ...
Published on March 20, 2023 - 17:06 GMT

Swiss Researchers Develop SmarDex Protocol to Address Impermanent Loss in DeFi

MONTREUX, SWITZERLAND, March 20, 2023 /⁨EINPresswire.com⁩/ -- A Swiss research team has announced the development of SmarDex, a pioneering protocol designed to revolutionize the decentralized finance (DeFi) sector. The protocol aims to tackle the …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 20, 2023 - 17:03 GMT

New Anti-Aging Product Line Launched with Patent Pending DNA Complex; Endorsed by Nicole Kidman: Stock Symbol: CURR

Most Powerful Anti-Aging Product Lines with Patent Pending DNA Complex; Endorsed by Oscars Night 2023 Presenter Nicole Kidman: CURR Avenir Wellness Solutions, Inc. (OTCMKTS:CURR) SHERMAN OAKS, , CALIFORNIA, UNITED STATES, March 20, 2023 /⁨ …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...