Southeast Asian countries consider ways to boost ‘green financing’ as region chokes on smog

LUANG PRABANG, Laos — Senior finance and central bank officials from Southeast Asia and major economies met Thursday in the scenic Laotian city of Luang Prabang to discuss ways to help the region build resilience against shocks like the COVID-19 pandemic and natural disasters brought on by climate change. The need for faster progress was … Read more

Germany’s top security official wants easier ways to track right-wing financing

BERLIN — Germany’s top security official said Tuesday that she aims to make it easier to trace right-wing extremists’ financing and plans to set up an “early recognition unit” to detect far-right and foreign disinformation campaigns as early as possible. Interior Minister Nancy Faeser’s proposals follow large protests against the far right in Germany in … Read more

Downpayments wants to offer real estate investors interest-free financing

Downpayments, a real estate fintech startup, is emerging from stealth today with the mission of helping investors purchase new properties with interest-free down payments. It’s a lofty claim. The Miami-based startup, which spun out of Australian company Futurerents last October, says it’s able to give investors a way to leverage their existing equity toward making … Read more

The primary Africa Local weather Summit opens as hard-hit continent of 1.3B calls for extra say and financing

NAIROBI, Kenya — The primary African Local weather Summit opened Monday with heads of state and others asserting a stronger voice on a worldwide difficulty that impacts their continent essentially the most despite the fact that its 1.3 billion folks contribute to world warming the least. Kenyan President William Ruto’s authorities and the African Union … Read more

Zanifu raises $11.2M to scale its stock financing providing in Kenya

Zanifu, a Kenyan fintech offering stock financing to micro, small and medium-sized companies, has raised $11.2 million debt-equity funding in a pre-Collection A spherical led by Past Capital Ventures and Variant Investments. Founders Manufacturing unit Africa, AAIC Funding, Google Black Founders Fund, and current investor Launch Africa additionally participated within the spherical. This brings whole … Read more

UAE’s al-Jaber urges extra financing to assist Caribbean and different areas battle local weather change

The pinnacle of this yr’s U.N. world local weather summit is urging extra availability of funds to assist the Caribbean and different areas battle local weather change ByDÁNICA COTO Related Press FILE – Designated UN convention president Sultan al-Jaber attends the United Nations Local weather Change Convention in Bonn, Germany, Thursday, June 8, 2023. The … Read more

M-KOPA snaps up $250M+ debt, fairness for its asset financing platform

M-KOPA, the asset financing platform that provides underbanked African clients entry to “productive property” and the power to pay for them through digital micropayments, has secured over $250 million in new funding.  The capital injection consists of $55 million in fairness and over $200 million in debt, big sums in each classes that testify to … Read more

French prosecutors search trial for Sarkozy over Libya financing for 2007 marketing campaign

French prosecutors are in search of to ship former President Nicolas Sarkozy to trial on fees that he obtained hundreds of thousands in unlawful marketing campaign financing from the federal government of late Libyan chief Moammar Gadhafi PARIS — French prosecutors are in search of to ship former President Nicolas Sarkozy and 13 others to … Read more