Zindi and RMB reinvent CPI nowcasting with community-first machine learning

Zindi and Rand Merchant Bank (RMB) joined forces in a 9-month endeavor known as the RMB CPI Nowcasting Grand Challenge. The objective was to leverage alternative datasets for predicting CPI one month ahead, a critical need for financial institutions to guide lending and investment decisions. The competition garnered participation from over 1500 data scientists across 86 countries, showcasing global interest and talent in the field, … Continue reading Zindi and RMB reinvent CPI nowcasting with community-first machine learning

Impact Newswire14/08/202419/08/2024

Africa

100 million to the West African development bank BOAD: the Italian Climate Fund subscribes the first ever hybrid bond for climate change mitigation issued by a multilateral bank

Rome, August 2nd, 2024 – A €100 million operation to finance projects addressing climate change mitigation in West Africa through the subscription of the first hybrid bond issued by a multilateral bank with this exclusive purpose. This is outlined in the agreement signed by the Italian Climate Fund, managed by Cassa Depositi e Prestiti (CDP) on behalf of the Ministry of Environment and Energy Security … Continue reading 100 million to the West African development bank BOAD: the Italian Climate Fund subscribes the first ever hybrid bond for climate change mitigation issued by a multilateral bank

Impact Newswire05/08/202405/09/2024

Africa, Impact Newswire Exclusive

Buenassa Appoints Mr. Simon Tuma-Waku as Special Advisor to the CEO

Buenassa is pleased to announce the appointment of Mr. Simon Tuma-Waku with immediate effect as Special Advisor to CEO Eddy Kioni, focused on the development of mining and mineral processing projects. With a career spanning more than 30 years in the mining sector, Mr. Tuma-Waku brings considerable experience and expertise to his new role. Among his career highlights, Mr. Tuma-Waku joined the JCI Group in … Continue reading Buenassa Appoints Mr. Simon Tuma-Waku as Special Advisor to the CEO

Impact Newswire29/07/202408/08/2024

Africa

Access Bank Joins NGX to Launch Impact Board

Jul 22, 2024 Access Bank Plc, Nigeria’s leading institution in sustainable finance, was one of the participants in the launch of the Nigerian Exchange Limited (NGX) Impact Board, a dedicated platform for listing sustainability instruments to integrate sustainability into the core of Nigeria’s capital market. The event, marked by the attendance of high-profile stakeholders, including the Minister of Environment, Balarabe Lawal, and the Director-General of … Continue reading Access Bank Joins NGX to Launch Impact Board

Impact Newswire22/07/202424/07/2024

Africa, Impact Newswire Exclusive, Untied Kingdom

Impacting lives, Access Bank Raises Millions to aid UNICEF in building schools

Date : July 22, 2024 Access Bank UK annual Challenge Cup day at Guards Polo Club Windsor announces more expansion and capital growth As it prepares to host its’ annual Access Bank Polo Day at Guards Polo Club Windsor on Saturday 20 July The Access Bank UK Limited has posted annual results that demonstrate another year of outstanding international growth. It was notable for the rapid progress … Continue reading Impacting lives, Access Bank Raises Millions to aid UNICEF in building schools

Impact Newswire22/07/202401/08/2024

Africa, Europe

Investment for enhanced access to finance for MSMEs in Nigeria

Stockholm, July 16, 2024 — Swedfund invests USD 30 million in Access Bank Nigeria Plc to reach underserved MSMEs (micro, small and medium enterprises) at scale. By providing long-term capital and capacity building to unbanked and under-banked companies in Nigeria, the investment is expected to support sustainable private sector development and inclusive growth. Nigeria, with a population of 230 million, has an unemployment rate at a staggering … Continue reading Investment for enhanced access to finance for MSMEs in Nigeria

Impact Newswire18/07/202422/07/2024

Africa, Global

CFJ Invites Applications for 2nd Year of Fellowship for Women Lawyers in Africa

15th July 2024 After a successful first year, the Clooney Foundation for Justice (CFJ) launched the second year of its Waging Justice for Women Fellowship today. Ten early-career women lawyers in Africa will receive an annual salary funded by CFJ and an opportunity to work with leading human rights organizations across Africa to promote gender justice for women and girls. The Fellowship is administered in partnership with … Continue reading CFJ Invites Applications for 2nd Year of Fellowship for Women Lawyers in Africa

Impact Newswire17/07/202417/07/2024

Africa, Impact Newswire Exclusive, United States

Delphos Advises Pearl Dairy Farms on USD 35 million Debt Financing for Expansion across East Africa

The leading East African dairy processor will acquire a packing facility modernizing the dairy value chain. July 15th, 2024 Washington D.C. USA // Delphos secures USD 35 Million senior debt financing as exclusive advisor to Pearl Dairy Farms Limited (‘Pearl Dairy’), an East African dairy processor. The financing from International Finance Corporation (‘IFC’) and Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V. (‘FMO’) for Pearl Dairy Farms will … Continue reading Delphos Advises Pearl Dairy Farms on USD 35 million Debt Financing for Expansion across East Africa

Impact Newswire15/07/202430/07/2024