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Banking & Financial Services

World Bank approves $1.6 billion for West African power market integration

The World Bank has approved a significant investment program aimed at improving regional power system integration and energy security in West Africa.


Banking & Financial Services

Senegal advances towards universal electricity access amid transformative changes

Khady, a student from Ndorong Serere, Senegal, now studies under the glow of an electric lamp.


Banking & Financial Services

Ethiopia's electrification program transforms rural lives with new solar mini-grids

In the remote Ethiopian village of Tum, located near the South Sudan border, Meskerem Tadesse's life has changed dramatically with the introduction of electricity.


Banking & Financial Services

Yuanta hosts happiness days for orphanage students during Lunar New Year

Yuanta Financial Holding Company and Yuanta Cultural and Educational Foundation recently hosted two "Yuanta Happiness Days" to celebrate the Lunar New Year with orphanage students in Taiwan.


Banking & Financial Services

World Bank funds $100M project for improved drinking water access in Mali

The World Bank has approved a $100 million credit from the International Development Association (IDA) to assist Mali in enhancing access to drinking water and improving the conservation of water sources in several cities.


Banking & Financial Services

Sun Life donates $225K for California wildfire relief

Sun Life Financial Inc. has announced a donation of $225,000 to support communities affected by the recent wildfires in California.


Banking & Financial Services

BMO announces release date for second annual wine market report

BMO has announced the forthcoming release of its second annual BMO Wine Market Report, set to be available in the second quarter of 2025.


Banking & Financial Services

Germany faces weak investment activity compared internationally

Germany is experiencing weak investment activity compared to other countries, both in the private and public sectors.


Banking & Financial Services

DEG invests $4 million in South African InsureTech firm Naked

DEG has announced a $4 million equity investment in the South African online insurance platform, Naked.


Banking & Financial Services

Binance authorized by Uzbek regulator to provide services

Binance has received authorization from Uzbekistan's National Agency of Perspective Projects (NAPP) to offer its services in the country.


Banking & Financial Services

G20 reforms enhance resilience in RMBS and CLO markets: FSB report

The Financial Stability Board (FSB) has released its final report evaluating the impact of G20 financial regulatory reforms on securitisation markets.


Banking & Financial Services

World Bank pledges $200 million aid for Sri Lankan development initiatives

World Bank Vice President for South Asia, Martin Raiser, completed a two-day visit to Sri Lanka on January 22, 2025.


Banking & Financial Services

Fubon highlights rise in counterfeit cases amid growing fraud concerns

As the Lunar New Year approaches, Fubon Financial Holdings is urging the public to remain vigilant against fraud.


Banking & Financial Services

Kyle S. Hauptman named new chairman of NCUA board

President Donald J. Trump has appointed Kyle S. Hauptman as the new Chairman of the National Credit Union Administration (NCUA) Board.


Banking & Financial Services

Morgan Stanley launches futures company in China with CSRC approval

Morgan Stanley has announced the official launch of its futures company in China.


Banking & Financial Services

Nordea reports on Nordic economies amid global uncertainties

Global economic growth is maintaining a moderate pace, with the United States experiencing a boost following the presidential election.


Banking & Financial Services

Binance CEO at World Economic Forum: 'More are keen to embrace crypto and digital assets'

Binance CEO Richard Teng has observed an increasing acceptance of cryptocurrency among global and business leaders, as demonstrated by his experience at the 2025 World Economic Forum Annual Meeting.


Banking & Financial Services

World Bank supports Armenian job creation with new five-year partnership

The World Bank Group's Board of Executive Directors has approved a new five-year Country Partnership Framework (CPF) for Armenia.


Banking & Financial Services

Solar power transforms healthcare at rural centers in Madagascar

The Mateliona Betafo basic health center in Madagascar has undergone a significant transformation with the installation of solar kits, ending years of operating without electricity.


Banking & Financial Services

Fubon Asset Management merges with Jih Sun after regulatory approval

Fubon Asset Management has announced it has received approval from the Financial Supervisory Commission to merge with Jih Sun Securities Investment Trust.