IFC

Delphos advises African Mobile Money Unicorn on Euro 90 million Syndicated Loan

Retrieved on: 
Friday, July 22, 2022
Investment, Symbiosis, Socially responsible investing, Private sector, DFC, Government, IFC, US, WBG, Syndicated loan, Wave, Technology, SME, USTDA, African Development Bank, USAID, Delphos, Bank, Financial services, Renewable energy, Financial technology

Washington DC, USA - Media OutReach - 22 July 2022 - Delphos acted as exclusive advisor to Wave Mobile Money Holdings Inc. (Wave) on its highly successful 90 million Syndicated Loan, which will further accelerate Waves dynamic growth in Cte dIvoire and Senegal.

Key Points: 
  • Washington DC, USA - Media OutReach - 22 July 2022 - Delphos acted as exclusive advisor to Wave Mobile Money Holdings Inc. (Wave) on its highly successful 90 million Syndicated Loan, which will further accelerate Waves dynamic growth in Cte dIvoire and Senegal.
  • The loan saw substantial interest from development finance institutions and impact funds and comprises commitments of 25 million from IFC, 12 million from Finnfund and 12 million from Norfund in the form of bilateral loans.
  • An additional 41 million was raised from impact funds Symbiotics, Blue Orchard, responsAbility, and Lendable, who participated under the IFCs B Loan program.
  • This debt financing sets a new high-water mark for a growth stage African FinTech in terms of total commitments raised.

Intact welcomes Michael Katchen to its Board of Directors

Retrieved on: 
Wednesday, July 20, 2022
TSX, Ernst & Young, Change, Insurance, Business, Canadian Business, CEO, Post, Financial Post, Entrepreneurship, RSA, Solution, Ernst & Young Entrepreneur of the Year Award, IFC, Board, Western University, Intact, Financial Services Trade and Investment Board, Intact Insurance Specialty Solutions, Business Council of Canada (BCC), Toronto Life, P&C, Technology, The Business Council, Company, Board of directors, Intact Financial, AZ Business Magazine, AI, Medicine, Wealthsimple, Industry

TORONTO, July 20, 2022 /CNW/ - Intact Financial Corporation (TSX: IFC) today announced that Michael Katchen, Co-Founder and CEO of Wealthsimple, will be appointed to its Board of Directors effective July 25, 2022.

Key Points: 
  • TORONTO, July 20, 2022 /CNW/ - Intact Financial Corporation (TSX: IFC) today announced that Michael Katchen, Co-Founder and CEO of Wealthsimple, will be appointed to its Board of Directors effective July 25, 2022.
  • "We are pleased to welcome Michael Katchen to the Intact Board of Directors as the company continues to invest in transforming its competitive advantages through digital acceleration and AI," said William Young, Chairman of the Board.
  • "Michael Katchen is a leading entrepreneur and innovator dedicated to reinventing Canada's financial services industry.
  • Michael is passionate about helping people achieve financial freedom by using technology to make great products available to everyone.

AMC Networks to Report Second Quarter 2022 Results

Retrieved on: 
Wednesday, July 20, 2022
ALLBLK, Anne Rice, AMCX, GLOBE, AMC, HIDIVE, IFC Films, Telephone, AMC Networks International, BBC Studios, IFC, Walking Dead, NASDAQ, BBC, AMC Networks, Acorn TV, Agatha Christie, Company, Shudder, Nasdaq, Sundance TV, Film

NEW YORK, July 20, 2022 (GLOBE NEWSWIRE) -- AMC Networks Inc. (NASDAQ: AMCX) will host a conference call to discuss results for the second quarter of 2022 on Friday, August 5, 2022 at 8:30 a.m. Eastern Time.

Key Points: 
  • NEW YORK, July 20, 2022 (GLOBE NEWSWIRE) -- AMC Networks Inc. (NASDAQ: AMCX) will host a conference call to discuss results for the second quarter of 2022 on Friday, August 5, 2022 at 8:30 a.m. Eastern Time.
  • AMC Networks will issue a press release reporting its results before the market opening.
  • AMC Networks (Nasdaq: AMCX) is a global entertainment company known for its popular and critically-acclaimed content.
  • The Company also operates AMC Networks International, its international programming business, and 25/7 Media, its production services business.

Rerun the Legend of New York, EIC Reinitiating Epoch-making Urban Upgrading

Retrieved on: 
Tuesday, July 19, 2022
Sustainability, Environment, Finance, Banking, Environmental Issues, Professional Services, Fintech, Green Technology, Carbon, European Innovation Council, London and Partners, Leadership in Energy and Environmental Design, Partner, G5, Economics, Gold, Institute of Botany, Chinese Academy of Sciences, Host, City, LEED, Fudan University, London, Schools of economic thought, School, EIC, WELL, General manager, IFC, IFS, Development, Forum, Multimedia, Yangtze Delta, Economic development, NIO, Nature, Northeast Project of the Chinese Academy of Social Sciences, ESG, Senior Executive Service Accountability Act, Jinan Center Financial City, Social science, Exhibition, Renewable energy

View the full release here: https://www.businesswire.com/news/home/20220719005572/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20220719005572/en/
    EIC Reinitiating Epoch-making Urban Upgrading (Photo: Business Wire)
    The Forum presented a panorama of green finance and sustainable development for all.
  • This is due to the fact that EIC, the Host of this Summit Forum, is also a firm practitioner of the path of green development.
  • At the same time, EIC has received both the WELL Gold Precertification and the LEED Gold Precertification.
  • At this Forum, the Senior Executives of WELL and LEED also spoke highly of EIC.

Negan is Coming to Mobile!

Retrieved on: 
Monday, July 18, 2022
Dark, Android, History, Better Call Saul, Bowing, Hatred, Lord Dark Wind, Freedom, Survival, View, Walking Dead, Interview, Television, Savior, IFC, Human, Negan, BBC America, IOS, Breaking Bad, Multimedia, Emmy Awards, Sundance TV, Fear, Ride, 61st Street, AMC, Survivor, APAC, Vampire, Toy, Alexandria Safe-Zone

GUANGZHOU, China, July 18, 2022 /PRNewswire/ -- Today 37 GAMES, the publisher of the popular match-3 zombie mobile game Puzzles & Survival, announced an official collaboration with AMC's smash hit television series The Walking Dead to celebrate the game's two-year anniversary.

Key Points: 
  • In the world of Puzzles & Survival, an unknown virus has transformed most of humanity into flesh-eating zombies.
  • To make things worse, Negan and his band of Saviors have appeared, intimidating and subjugating any survivors unlucky enough to cross his path.
  • In this crossover event, players will experience an original storyline involving Negan, with new artwork and gameplay faithful to the events of the show.
  • Opponents are other humans, which creates a far more complex and morally ambiguous situation than battling against the undead.

SatixFy Introduces Compact Aero Terminal Providing In-flight Connectivity at High Speeds

Retrieved on: 
Monday, July 18, 2022
Technology, Satellite, Telecommunications, Farnborough Airshow, Pressure, THE, Prospectus, Person, App Store (iOS/iPadOS), Failure, Maintenance, Register, Multimedia, Industry, ASIC, Registration statement, SEC, Maritime Vsat, CEO, Aviation, Proxy, MEO, Private Securities Litigation Reform Act, Forward-looking statement, CRIMINAL, EIS, RFIC, Probability, NASDAQ, LEO, EDNC, Environment, ESMA, COVID-19, Risk, GEO, SDR, Acquisition, Modem, Radome, Software-defined radio, Technology, IFC, Form, Epidemic, Sale, Annual report, Erosion, COTM, Application-specific integrated circuit, Fifth Avenue, Communications satellite, Security (finance), Risk management

The terminal uses the companys latest multi-beam ESMA and SDR technology to connect to both LEO and GEO Ku-band satellite constellations simultaneously to provide in-flight connectivity at high data rate speeds.

Key Points: 
  • The terminal uses the companys latest multi-beam ESMA and SDR technology to connect to both LEO and GEO Ku-band satellite constellations simultaneously to provide in-flight connectivity at high data rate speeds.
  • View the full release here: https://www.businesswire.com/news/home/20220718005282/en/
    At any given time, Onyx Aero simultaneously communicates with multiple GEO/MEO/LEO satellites, providing passengers with highly reliable broadband IFC.
  • The innovative Onyx Aero all-in-one terminal consists of a patented air-breathing radome cooling system, is fully electronic and has no moving parts, providing simple installation, high reliability operation throughout flight altitude, and low maintenance.
  • The Onyx Aero integrates SatixFys next generation Sx3099 SDR modem baseband ASIC for a comprehensive terminal solution.

SeABank reached nearly US$120 million pre-tax profit, exceeded 2022's First half business plan

Retrieved on: 
Thursday, July 14, 2022
NPL, IFC, State bank, Senior, Moody's Investors Service, CIR, The State bank, CEO, DFC, CPP Investment Board, Basel II, Investment, TOI, Board, Growth, Seabank Power Station, Orient Commercial Joint Stock Bank, Board of directors, Corporate social responsibility, SSB, Management

HANOI, Vietnam, July 14, 2022 /PRNewswire/ -- Southeast Asia Commercial Joint Stock Bank ( SeABank , stock code: SSB) announced its First half 2022 business results.

Key Points: 
  • HANOI, Vietnam, July 14, 2022 /PRNewswire/ -- Southeast Asia Commercial Joint Stock Bank ( SeABank , stock code: SSB) announced its First half 2022 business results.
  • Accordingly, in the first half of 2022: SeABank's total assets reached US$ 9.82 billion; Pre-tax profit reached nearly US$ 20 million; Total Operating Income (TOI) reached US$ 215 million; Non-interest income (NoII) recorded a growth of US$ 74.2 million.
  • Notably, cost-to-income ratio (CIR) dropped to 30.3% compared to 38.3% as of 2021's first half; NPL ratio decreased to 1.6%.
  • Additionally, SeABank issued 211.4 million shares for dividend payment and 109.7 million shares to increase share capital from stakeholders' equity.

Architects and engineers will stay focused and design more with new capabilities now available from Graphisoft in Archicad 26, BIMcloud, BIMx, and DDScad

Retrieved on: 
Thursday, July 14, 2022
Rocco Design Architects, Technology, BCF, Current affairs, Mechanical, Internet, Construction, CO2, Publishing, Architectural engineer (PE), Mechanical engineering, Virtual reality, Service, Orientation, PDF, Data Design System, International, Housing, Solution, Time, Longevity, Mark (given name), IFC, BIM, Architecture, Multimedia, 3D, MEP, BIMx, Documentation, AEC, OPEN, Investment, Graphisoft, Electricity, Software, Structural analysis, Industrial design, Interior design, Surveying, Television, Video game console, Risk management, Typesetting, Online shopping, ArchiCAD, Plumbing, Engineering

BUDAPEST, Hungary, July 14, 2022 /PRNewswire/ -- Graphisoft, the leading Building Information Modeling (BIM) software solution developer for architecture, today announced the release of Archicad 26, and updates to its BIMcloud, BIMx and DDScad solutions. Thanks to powerful improvements to automated design, documentation and collaboration workflows, and professional out-of-the-box visualization solutions, architects and engineers can dedicate more of their time and attention to their valuable design work.

Key Points: 
  • COLLABORATE Archicad 26 introduces improved structural analytical model workflows and usability enhancements for faster, smoother interoperability between architects and structural engineers.
  • Example capabilities include:
    Faster, automated interoperability between architects and structural engineers in Archicad 26 saves time and increases access to detailed information in the model.
  • One touch information exchange between Archicad and Structural Analysis applications keeps architects and structural engineers in sync and on track.
  • Design and deliver high-quality MEP projects on time and on budget thanks to DDScad BIM software for engineers and contractors.

SeABank reached nearly US$120 million pre-tax profit, exceeded 2022's First half business plan

Retrieved on: 
Thursday, July 14, 2022
NPL, IFC, State bank, Multimedia, Senior, Moody's Investors Service, CIR, The State bank, CEO, DFC, CPP Investment Board, Basel II, Investment, TOI, Board, Growth, Seabank Power Station, Orient Commercial Joint Stock Bank, Board of directors, Corporate social responsibility, SSB, Management

HANOI, Vietnam, July 14, 2022 /PRNewswire/ -- Southeast Asia Commercial Joint Stock Bank ( SeABank , stock code: SSB) announced its First half 2022 business results.

Key Points: 
  • HANOI, Vietnam, July 14, 2022 /PRNewswire/ -- Southeast Asia Commercial Joint Stock Bank ( SeABank , stock code: SSB) announced its First half 2022 business results.
  • Accordingly, in the first half of 2022: SeABank's total assets reached US$ 9.82 billion; Pre-tax profit reached nearly US$ 20 million; Total Operating Income (TOI) reached US$ 215 million; Non-interest income (NoII) recorded a growth of US$ 74.2 million.
  • Notably, cost-to-income ratio (CIR) dropped to 30.3% compared to 38.3% as of 2021's first half; NPL ratio decreased to 1.6%.
  • Additionally, SeABank issued 211.4 million shares for dividend payment and 109.7 million shares to increase share capital from stakeholders' equity.

Virgin Atlantic Selects Viasat for In-Flight Connectivity on its New Airbus A330-900 Fleet

Retrieved on: 
Tuesday, July 12, 2022
Technology, ViaSat-3, SEC, IFC, A330-900, Social media, Aircraft, Annual report, VSAT, Ka, Viasat (American company), YouTube, Virgin Atlantic, LinkedIn, Energy Independence and Security Act of 2007, Company, History, Aviation, Securities Exchange Act of 1934, Internet, Facebook, Instagram, Atmosphere, Commercial aviation, United Kingdom, Risk, Forward-looking statement, Airbus A330, Corporate blog, Anomaly, Twitter, Securities Act of 1933, NASDAQ, Airline, Airbus, Viasat

Don Buchman, Viasat's vice president and general manager, Commercial Aviation, added, "We're thrilled that Virgin Atlantic – an airline with innovation and customer service at its core -- has chosen Viasat as its IFC partner on its new Airbus aircraft. We have a strong history of delivering quality IFC on long-haul flights and look forward to bringing our technology and service capabilities to Virgin Atlantic and its customers."

Key Points: 
  • CARLSBAD, Calif., July 12, 2022 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global communications company, today announced Virgin Atlantic has selected Viasat's industry-leading in-flight connectivity (IFC) solution for its new Airbus A330-900 aircraft.
  • The Viasat IFC equipment will be factory-installed ("linefit") on the 16 new Virgin Atlantic Airbus A330-900s at the Airbus Center of Excellence production site in Toulouse, France, ensuring in-flight internet service is available on each aircraft upon delivery.
  • Virgin Atlantic's fleet of Airbus A330-900s is scheduled to enter service with intercontinental flights between the Americas and the United Kingdom in the second half of this year.
  • Viasat, the Viasat logo and the Viasat signal are registered trademarks of Viasat, Inc. All other product or company names mentioned are used for identification purposes only and may be trademarks of their respective owners.