Find uplifting stories about heroes, innovations, and solutions
6 results for "financial institutions"
African financial institutions are joining forces to unlock billions in funding for digital transformation across the continent. A groundbreaking coalition is creating new ways to finance AI, digital infrastructure, and tech innovation where traditional funding has fallen short.
The Dangote Refinery, Africa's biggest oil processing facility, just locked in $4 billion to strengthen its operations and help the continent become more energy independent. African financial institutions led the deal, betting big on homegrown solutions to reduce Africa's reliance on imported fuel.
A tech company that helps banks serve small businesses better just secured $9.5 million to expand across Africa. Instead of competing with banks, littlefish built the tools financial institutions need to support merchants.
Nigeria's Bank of Industry just handed over a brand new 30-room hostel to a medical university, giving hundreds of students a safe place to live and study. The investment shows how financial institutions are stepping up to solve the country's student housing crisis.
Twenty-nine major international banks have declined to fund a massive liquefied natural gas project in Papua New Guinea, citing environmental and human rights concerns. The decision marks a significant shift in how financial institutions evaluate infrastructure projects in vulnerable ecosystems.
%2Ffile%2Fattachments%2Forphans%2FBM-Ed-IMFForecast_916246.jpg)
South Africa just got three confidence boosts in a row, as global financial institutions raise their economic outlooks following major improvements in electricity and infrastructure. The country's finance team is now pitching these wins to international investors at Davos.