ECB Warns of Euro Zone Debt Crisis Risk: Impact on Bond Markets and Fiscal Policy

2023-11-13 13:53:38 The European Central Bank (ECB) warned on Monday of the risk of a new debt crisis in the euro zone, in a context of high rates and widening budget deficits. “Higher financing costs and less prudent fiscal policies could reignite concerns about the sustainability of sovereign debt, particularly in countries where debt levels … Read more

American Mayors’ Call for Additional Funding to Address Migration Crisis

2023-11-07 16:07:10 More than 100 mayors of American cities requested, in a letter addressed Tuesday to the federal administration, additional funding to manage the migration problem which has worsened over the last two years. In the letter, these mayors consider the $1.4 billion in funding requested from Congress by President Joe Biden to be insufficient … Read more

Application for funding – working stays in the SWR Experimental Studio – mica

2023-10-25 11:48:38 25. October 202325. October 2023 The SWR EXPERIMENTALSTUDIO enables young composers to work on their works on site by awarding scholarships. Such a working stay enables collaboration with the SWR EXPERIMENTALSTUDIO team and the use of the studio equipment. In certain cases, the Experimental Studio also grants a work grant to cover the … Read more

World Bank’s Ajay Banga Reveals Priorities and Reforms for Financial Institution’s Future

2023-10-13 19:54:51 Five months after his election as head of the World Bank, Ajay Banga delivered his first official speech to the international community, this Friday, October 13 in Marrakech, during the official ceremony of the Annual Meetings of the World Bank and the International Monetary Fund (IMF). A session enhanced by the participation of … Read more

KCB Bank Kenya Seeks European Investment for Local MSMEs and SMEs

2023-10-11 14:16:00 (Ecofin Agency) – Credit applications from KCB Bank Kenya are currently being examined by the European Investment Bank. If the financing project is approved, this subsidiary of the East African group KCB Group will strengthen its loan portfolio for local MSMEs. Kenyan commercial bank KCB Bank Kenya has requested two financing lines of … Read more

Mauritanian Investment Bank Secures $30 Million Financing Agreement with International Finance Corporation

2023-06-29 14:37:00 (Ecofin Agency) – After the People’s Bank of Mauritania, a second Mauritanian bank signed a financing agreement with the International Finance Corporation in June. The transaction aims to support the lending activity of the Mauritanian Investment Bank. The Mauritanian Investment Bank (BMI), which operates in Mauritania as a Sharia-compliant Islamic bank, is close … Read more

“Invictus Energy Seeks $10 Million Funding for Zimbabwe Oil and Gas Exploration”

2023-05-05 15:36:00 (Ecofin Agency) – In recent months, the company Invictus Energy has, on several occasions, mobilized financing, invested in the hydrocarbon prospecting activities it carries out in Cabora Bassa in Zimbabwe. The Australian company Invictus Energy announced on Wednesday May 3 that it intends to raise funds again to continue the oil and gas … Read more

US DFC approved commitments of $64.1 million for 7 initiatives in Africa

(Ecofin Agency) – The approved financing projects relate more to the agriculture and climate resilience sectors. However, Africa’s share in this new cycle of approvals remains relatively modest compared to the total commitments planned for the period. The US Development Finance Corporation (DFC), the US institution for financing the private sector in developing countries, announces … Read more