World Bank Group

WRI and the World Bank Present Landmark Assessment of Nature-Based Solutions in Africa

The assessment includes contributions from the African Development Bank. WRI also launches Green-Gray Infrastructure Accelerator, supporting 11 African cities in building climate resilience. NAIROBI, February 19, 2025 — A new report by World Resources Institute (WRI) and the World Bank, with contributions from the African Development Bank (AfDB), provides one of the most comprehensive assessments to date on how Sub-Saharan Africa — one of the world’s most … Continue reading WRI and the World Bank Present Landmark Assessment of Nature-Based Solutions in Africa

African Development Bank’s Climate Action Window channels $31m to boost climate resilience in four countries

African Development Bank’s Climate Action Window channels $31m to boost climate resilience in four countries

Press Release – 10-Feb-2025 The Board of Directors of the African Development Bank Group has approved over $31 million in funding under its African Climate Action Window (CAW) to strengthen climate resilience in Sierra Leone, South Sudan, Djibouti, and Madagascar. The Climate Action Window of the Bank Group’s African Development Fund seeks to mobilize $4 billion by 2025 to provide rapid and coherent access to … Continue reading African Development Bank’s Climate Action Window channels $31m to boost climate resilience in four countries

SoftBank Group Corp

OpenAI and SoftBank Group Partner to Develop and Market Advanced Enterprise AI

February 3, 2025 – OpenAI, Inc. SoftBank Group Corp. Arm SoftBank Corp. For the presentation materials and the archived video of the event held on February 3, 2025, please check here. OpenAI and the SoftBank Group today announced a partnership to develop and market Advanced Enterprise AI called “Cristal intelligence.” Cristal intelligence will securely integrate the systems and data of individual enterprises in a way that … Continue reading OpenAI and SoftBank Group Partner to Develop and Market Advanced Enterprise AI

Citigroup

Citi Launches New Digital Trade Receivable Finance Solution

Press Release – October 28, 2024 Solution Will Help Accelerate Monetization of Receivables from Weeks to Under an Hour Hong Kong – Citi has launched Citi Digital Bill (CDB), a new integrated digital bill discounting solution, making centuries old practices future ready. CDB significantly reduces complexity by eliminating the need for physical documents and couriers and the movement of paper across multiple parties in different geographies. … Continue reading Citi Launches New Digital Trade Receivable Finance Solution

NatWest

NatWest continues to support the European energy transition with €450 million financing of solar power projects in Southern Europe

NatWest partners with Glennmont Partners to finance the construction of 17 solar photovoltaic projects across Spain, Italy and Portugal with a total debt package of €450 million. 22 Oct 2024 – Press Release As a Tier 1 lender, NatWest has provided Glennmont Partners with a flexible and innovative Power Purchase Agreement Strategy across the portfolio and included an accordion facility to future-proof the structure. Glennmont … Continue reading NatWest continues to support the European energy transition with €450 million financing of solar power projects in Southern Europe

Mark Goddard

Lombard Odier appoints Mark Goddard as UK CEO

22 October 2024 – Media Release Bank Lombard Odier & Co Ltd (“Lombard Odier”), a leading Swiss international wealth manager, announces the appointment of Mark Goddard as UK Chief Executive Officer as of 26 November 2024*. Based in London, he will report to Duncan MacIntyre, Limited Partner and UK Region Head and Stephane Herrmann, CEO Lombard Odier (Europe) S.A. In his role, Mark Goddard will … Continue reading Lombard Odier appoints Mark Goddard as UK CEO

Gwen Mwaba, Managing Director Trade Finance & Correspondent Banking, Afreximbank

Afreximbank to Host 2024 Trade Finance Seminar and Factoring Workshop in Windhoek, Namibia

10/10/2024 – Press Release Cairo – Egypt, 10 October 2024 – African bankers, financiers, legal practitioners, insurers, and professionals from regulatory agencies and corporates, from across the African continent involved in trade finance will gather in Windhoek, Namibia, from 5 to 8 November for the annual Afreximbank Trade Finance Seminar (ATFS) and Factoring Workshop. The event will address critical trade finance trends, tools and offer training in … Continue reading Afreximbank to Host 2024 Trade Finance Seminar and Factoring Workshop in Windhoek, Namibia

Oregon Pacific Bank

Oregon Pacific Bank Welcomes Lance Rudge as New Chief Operating Officer

EUGENE, Ore. – Oregon Pacific Bank is pleased to announce the appointment of Lance Rudge as Executive Vice President and Chief Operating Officer (COO), marking a significant milestone in the Bank’s continued growth and strategic expansion. Rudge brings over two decades of leadership and operational expertise in the banking industry, positioning the bank for future success as it scales to meet the evolving needs of … Continue reading Oregon Pacific Bank Welcomes Lance Rudge as New Chief Operating Officer

World Bank Group

North Macedonia Faces Severe Climate Change Impacts and Needs Major Investments to Protect People and Economy

Skopje, October 7, 2024 – North Macedonia could face economic damages of up to 4 percent of its gross domestic product (GDP) by 2050 due to the impact of changing climate, highlights the World Bank Group’s new Country Climate and Development Report (CCDR) for North Macedonia launched in Skopje today. According to the report, North Macedonia needs to invest US$6.4 billion over the next decade to effectively protect people and … Continue reading North Macedonia Faces Severe Climate Change Impacts and Needs Major Investments to Protect People and Economy