World Bank Group

What were the drivers of euro area food price inflation over the last two years?

Retrieved on: 
onsdag, april 3, 2024

Food price inflation was one of the main contributors to the strong rise in euro area headline inflation in 2022 and to the period of disinflation that followed.

Key Points: 
  • Food price inflation was one of the main contributors to the strong rise in euro area headline inflation in 2022 and to the period of disinflation that followed.
  • An extraordinary surge in energy costs was the main factor behind higher consumer food inflation in 2021 and 2022.

PDAC 2024 Convention welcomes the world to the Premier Mineral Exploration and Mining Event in Toronto

Retrieved on: 
torsdag, mars 7, 2024

TORONTO, March 07, 2024 (GLOBE NEWSWIRE) -- The Prospectors & Developers Association of Canada (PDAC) was thrilled to welcome 26,926 participants to Toronto for the best business, investment and networking opportunities in the mineral exploration and mining industry.

Key Points: 
  • TORONTO, March 07, 2024 (GLOBE NEWSWIRE) -- The Prospectors & Developers Association of Canada (PDAC) was thrilled to welcome 26,926 participants to Toronto for the best business, investment and networking opportunities in the mineral exploration and mining industry.
  • With more than 1,100 exhibitors, including governments, companies and leading experts from around the world, PDAC 2024 was one of the largest events in the association’s history.
  • “PDAC 2024 carried forward the Convention’s 92-year legacy, serving as the premier venue for unveiling new trends, technological innovations, and industry discussions,” said PDAC President Ray Goldie.
  • “It is imperative we bolster our critical mineral wealth, and we cannot ignore the foundations of our mineral industry.

Open Society Foundations’ Soros Economic Development Fund Commits $25 Million to Allied Climate Partners’ Climate Finance Partnership

Retrieved on: 
tisdag, februari 27, 2024

New York, Feb. 27, 2024 (GLOBE NEWSWIRE) -- The Soros Economic Development Fund (SEDF), the impact investment arm of the Open Society Foundations, is committing $25 million to Allied Climate Partners (ACP)—a new and innovative public-private partnership focused on increasing the number of bankable climate projects in emerging markets and developing economies around the world.

Key Points: 
  • New York, Feb. 27, 2024 (GLOBE NEWSWIRE) -- The Soros Economic Development Fund (SEDF), the impact investment arm of the Open Society Foundations, is committing $25 million to Allied Climate Partners (ACP)—a new and innovative public-private partnership focused on increasing the number of bankable climate projects in emerging markets and developing economies around the world.
  • ACP aims to address a critical financing gap at the early, risk-oriented stages of the development process.
  • Without this support, many projects and businesses struggle to attract the necessary capital to achieve their climate-related goals.
  • These regional funds will in turn seek to raise an additional $600+ million in senior equity from multilateral development banks (MDBs), development finance institutions (DFIs), and private investors.

Blank Rome Adds Leading White Collar Team, Continuing Nationwide Expansion

Retrieved on: 
måndag, februari 26, 2024

The group’s arrival continues the strategic expansion of Blank Rome’s White Collar Defense and Investigations group.

Key Points: 
  • The group’s arrival continues the strategic expansion of Blank Rome’s White Collar Defense and Investigations group.
  • In January, five white collar attorneys from litigation boutique Spears & Imes joined Blank Rome in New York, including partners David Spears , Linda Imes , and Chris Dysard .
  • In November 2023, Barrett R. Howell joined the White Collar Defense and Investigations group as a partner in the firm’s recently opened Dallas office.
  • They focus on white collar defense litigation, government investigations and enforcement actions, international disputes and arbitration, internal investigations, and advising clients on compliance programs, voluntary disclosures, and remediation.

Patria Announces Launch of Infrastructure Private Credit Fund Anchored by BNDES, CAF and IFC

Retrieved on: 
onsdag, februari 21, 2024

"The investment strategy combines the skills and expertise of two important areas within Patria - Infrastructure and Private Credit.

Key Points: 
  • "The investment strategy combines the skills and expertise of two important areas within Patria - Infrastructure and Private Credit.
  • "IFC's investment in the new Patria fund will contribute to increase access to and improve the quality of infrastructure services through private sector participation in capital markets.
  • This is essential for economic growth in a context of limited fiscal space for public investments," said Carlos Leiria Pinto, IFC's Brazil Country Manager.
  • “This is a strategic step that aims to strengthen investments at the regional level and thus have a positive impact directly on these communities.

South Africa Mining Industry Trends Report - Key Opportunities Emerging in the Circular Economy (Reducing, Reusing & Recycling) - ResearchAndMarkets.com

Retrieved on: 
måndag, februari 19, 2024

The "Mining Industry Trends in South Africa 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Mining Industry Trends in South Africa 2023" report has been added to ResearchAndMarkets.com's offering.
  • The mining sector provides materials essential for all sectors of the economy and creates employment, investment, government revenues and infrastructure.
  • The mining industry remains an important contributor to the South African economy.
  • In an environment where government provides policy certainty, administered prices are tolerable and logistics problems are solved, the mining industry can retain its historical importance in the economy.

Bold Raises $50M in Series C Funding Round Led by General Atlantic

Retrieved on: 
onsdag, februari 14, 2024

With this new funding, Bold plans to bolster its product roadmap and offerings, as well as continue its focus on business expansion while deepening its position as a leading merchant acquirer in Colombia.

Key Points: 
  • With this new funding, Bold plans to bolster its product roadmap and offerings, as well as continue its focus on business expansion while deepening its position as a leading merchant acquirer in Colombia.
  • Bold currently offers low-cost payment terminals that enable businesses to accept card present and card-not-present payments and also support other local payment methods.
  • Since then, Bold has scaled from 380 to more than 800 employees and currently boasts more than 150,000 monthly active merchants.
  • José Vélez, Co-Founder and CEO of Bold, said, “Our work continues to empower small businesses by breaking payment barriers in Colombia.

10Pearls Launches New Chapter of ‘Women In Tech’ in Costa Rica

Retrieved on: 
tisdag, februari 6, 2024

Since 2021, it has established nearshore operations in Costa Rica, Colombia and Peru with software development and digital engineering expertise in advanced and cutting-edge technologies, such as AI/ML.

Key Points: 
  • Since 2021, it has established nearshore operations in Costa Rica, Colombia and Peru with software development and digital engineering expertise in advanced and cutting-edge technologies, such as AI/ML.
  • 10Pearls has a long track record of championing the empowerment of Women in Tech in emerging markets.
  • “At 10Pearls, we’re committed to ensuring more women in the region can unlock career pathways in the tech industry,” said Imran Aftab, CEO of 10Pearls.
  • What began as a two-person operation is now a global business with offices in the United States, Costa Rica, Colombia, United Kingdom, Pakistan, and Peru.

Fair and Accessible Small Business Lending Requires a Technological and Cultural Revolution: White Paper from Cornerstone Advisors and Uplinq

Retrieved on: 
onsdag, januari 31, 2024

The white paper, commissioned by Uplinq, was developed by Cornerstone Advisors , a leading management and technology consultancy for banks, credit unions and fintechs.

Key Points: 
  • The white paper, commissioned by Uplinq, was developed by Cornerstone Advisors , a leading management and technology consultancy for banks, credit unions and fintechs.
  • “Uplinq was founded to democratize access to working capital for small businesses through the use of non-traditional and alternative data sets.
  • The findings in this paper reveal that our mission is very much needed,” said Patrick Reily, co-founder of Uplinq.
  • To download the white paper and discover the roadmap to fair, accessible, and more profitable small business lending, visit uplinq.co/whitepaper/fair-and-accessible-lending .

HUMAN CAPABILITY INITIATIVE CONVENES POWERHOUSE LINE-UP OF SPEAKERS FOR EXPERT-LED PLATFORM IN RIYADH

Retrieved on: 
onsdag, januari 31, 2024

150+ prominent speakers encompassing government officials, business & education leaders, entrepreneurs and experts will convene in Riyadh for the Human Capability Initiative

Key Points: 
  • 150+ prominent speakers encompassing government officials, business & education leaders, entrepreneurs and experts will convene in Riyadh for the Human Capability Initiative
    The breadth of high-level speakers and 6000+ global attendees demonstrate the collective impetus to unleash human capabilities potential through fostering intellectual dialogue in Riyadh.
  • RIYADH, Saudi Arabia, Jan. 31, 2024 /PRNewswire/ -- The Human Capability Initiative (HCI) is thrilled to announce key speakers for its forthcoming event taking place from the 28th – 29th February, 2024.
  • Bringing together luminaries from diverse sectors and backgrounds, these eminent industry leaders and experts will spearhead dynamic discussions centred around Human Capability Development (HCD) to prepare individuals for the challenges and opportunities of the future.
  • HCI's speaker line-up showcases the collective impetus across sectors to contribute to a sustainable global agenda that pioneers solutions for human capability development.