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Banking & Financial Services

Macquarie raises €3.5B for European infrastructure debt fund

Macquarie Asset Management announced the successful raising of €1.2 billion for its Macquarie European Infrastructure Debt Fund (MEID) at the fund's final close.


Banking & Financial Services

Jamaica strengthens disaster resilience with World Bank partnership

On July 3, 2024, Hurricane Beryl hit Jamaica with category 4 winds and heavy rain.


Banking & Financial Services

Somali girl's educational journey supported by World Bank project

In the Ceelasha Biyaha camp near Mogadishu, Aisha Nuur Hassan starts her day with a determined journey to Banaadir College of Education.


Banking & Financial Services

Arch Insurance promotes Chris Fairs to head agency management

Arch Insurance International has announced the promotion of Chris Fairs to Head of Agency Management at Arch Managing Agency Limited (AMAL).


Banking & Financial Services

World Bank issues EUR 3 billion sustainable development bond

The World Bank has successfully priced a 10-year EUR benchmark bond, raising EUR 3 billion to support its sustainable development activities.


Banking & Financial Services

Warburg Pincus acquires majority stake in Keystone Agency Partners

Keystone Agency Partners has announced a significant investment from Warburg Pincus, which will acquire a majority stake in the company.


Banking & Financial Services

Mobile technology boosts savings surge in developing economies

More adults in low- and middle-income countries now have financial accounts, according to the World Bank Group's Global Findex 2025 report.


Banking & Financial Services

UOB partners with Michelin for global hotel key selection

UOB has announced its role as the Global Principal Partner of The MICHELIN Guide Hotels, marking the first instance of a Singapore company collaborating with this prestigious ratings authority on an international level.


Banking & Financial Services

Morgan Stanley announces second quarter 2025 results conference call

A conference call discussing Morgan Stanley's second quarter results for 2025 is scheduled for July 16, 2025, at 8:30 a.m. Eastern Time.


Banking & Financial Services

World Bank's Johannes Zutt visits Bangladesh in first official trip

The World Bank's new Vice President for the South Asia Region, Johannes Zutt, arrived in Dhaka today.


Banking & Financial Services

Côte d'Ivoire partners with World Bank to formalize informal gold mining

Facing significant losses from illicit gold trade, Côte d'Ivoire has partnered with the World Bank and the World Gold Council to formalize its small-scale mining sector.


Banking & Financial Services

Côte d'Ivoire partners with World Bank on sustainable gold mining

Facing significant losses from illicit gold trade and seeking to formalize a vital, yet often dangerous sector, Côte d'Ivoire has joined forces with the World Bank and the World Gold Council in an ambitious partnership to transform its small-scale...


Banking & Financial Services

World Bank aids India's electricity distribution transformation amid rising demand

India's energy sector is undergoing significant changes as the country aims to meet its growing electricity demand while pursuing ambitious renewable energy targets.


Banking & Financial Services

Malawi faces economic crisis amid high inflation and food insecurity

Malawi is experiencing a severe economic crisis, characterized by high inflation, declining living standards, and significant food insecurity.


Banking & Financial Services

World Bank announces $1.5 billion increase in SOFR-linked floating rate bond

Today, the World Bank announced a USD 1.5 billion increase to its October 2030 bond linked to the Secured Overnight Financing Rate (SOFR) Index.


Banking & Financial Services

World Bank report calls for improved public services in Sub-Saharan Africa

This year's Country Policy and Institutional Assessment (CPIA) report highlights the need for stronger essential services in Sub-Saharan Africa to achieve sustainable growth.


Banking & Financial Services

Burkina Faso sees economic growth amid challenges: World Bank report

OUAGADOUGOU, July 10, 2025 - The World Bank's April 2025 Burkina Faso Economic Update reports a growth in the country's economy by 4.9% in 2024, compared to 3.0% in the previous year.


Banking & Financial Services

World Bank approves $100M for highway rehabilitation in Honduras

The World Bank's Executive Board has approved a $100 million project to rehabilitate and manage 174 km of the CA-13 Highway in Honduras.


Banking & Financial Services

World Bank aids Paraguay's central bank in reserve diversification

Since joining the World Bank's Reserve Advisory and Management Partnership (RAMP) in 2017, the Central Bank of Paraguay has improved its management of international reserves.


Banking & Financial Services

World Bank outlines financial strategies at Ukraine Recovery Conference

Rome, Italy - Anna Bjerde, the World Bank's Managing Director of Operations, addressed the Ukraine Recovery Conference 2025 on July 10.