Development finance institution

Team Telecom Armenia announces IPO in Armenia with Ameriabank as the sole arranger

Retrieved on: 
Thursday, June 22, 2023
Data-rate units, IPO, Initial public offering, Black Sea Trade and Development Bank, International Finance Corporation, Next-generation network, Reconstruction, Telecommunications, AMD, Internet, TMT, Statistics, Molybdenum, EBRD, Information, ICT, GDP, Development finance institution, NGN, International Bank for Reconstruction and Development, Growth, Telecom Armenia, Armenia Securities Exchange, European Central Bank, Construction, Development, Ameriabank

YEREVAN, Armenia, June 22, 2023 /PRNewswire/ -- Team Telecom Armenia, one of the largest telecommunication companies in Armenia, launched Initial Public Offering (IPO) with Ameriabank acting as the sole arranger for the process.

Key Points: 
  • YEREVAN, Armenia, June 22, 2023 /PRNewswire/ -- Team Telecom Armenia, one of the largest telecommunication companies in Armenia, launched Initial Public Offering (IPO) with Ameriabank acting as the sole arranger for the process.
  • Together, we will shape the future of Armenia's telecommunications sector," commented Hayk Yesayan, CEO of Team Telecom Armenia.
  • Artak Hanesyan, CEO at Ameriabank, commented; "We are delighted to partner with Team Telecom Armenia and bring our expertise and network to ensure smooth execution of the company's IPO.
  • The announced IPO is another milestone in the development of Team Telecom Armenia, following the $45 million financing program launched in May 2022.

Allied Climate Partners Announces Ahmed Saeed as Chief Executive Officer

Retrieved on: 
Friday, June 16, 2023
DFI, Bloomberg Philanthropies, White House, HSBC, Private sector, Bank, Climate, Public sector, IEA, ETM, Senior advisor, International financial institutions, Special, Public, White & Case, JPMorgan Chase, Development finance institution, GFANZ, Carbon, Government, Energy transition, Blackstone, Organization, Treasury, Goldman Sachs, African Development Bank, Temasek, Climate change, UN, Asian Development Bank, White House Fellows, Entrepreneurship, ADB, MDB, United States Department of the Treasury, Centerbridge Partners, White, ACP, US Treasury specimen book, Cairns Group, Renewable energy, Security (finance), Construction, Pacific Ocean

NEW YORK, June 16, 2023 /PRNewswire/ -- Allied Climate Partners (ACP), a newly-established philanthropic investment organization focused on climate, today announced the appointment of Ahmed Saeed as Chief Executive Officer.

Key Points: 
  • NEW YORK, June 16, 2023 /PRNewswire/ -- Allied Climate Partners (ACP), a newly-established philanthropic investment organization focused on climate, today announced the appointment of Ahmed Saeed as Chief Executive Officer.
  • "There simply aren't enough bankable, climate related projects and businesses in emerging economies," said Ahmed Saeed, incoming CEO of Allied Climate Partners.
  • Mr. Saeed brings extensive, relevant experience to Allied Climate Partners.
  • "People in emerging economies, while least responsible for causing the climate crisis, bear the greatest costs," said Mark Gallogly, Chair of Allied Climate Partners and Co-Founder of Three Cairns Group.

OPEC Fund Development Forum 2023: Unlocking synergies and funding opportunities for sustainable development

Retrieved on: 
Thursday, June 15, 2023
Private sector, United Nations, Policy, Collaboration, Woman, Climate change, United Nations Office for Disaster Risk Reduction, Equity, Columbia Business School, International development, Multilateralism, OPEC Fund for International Development, African Development Bank, Development finance institution, Agency, Head, Islamic Development Bank, TDB, Bangladesh Development Forum, French Development Agency, Partnership, Catalysis, Renewable energy

Addressing global development challenges under the over-arching theme "Driving Resilience & Equity", forum discussions will focus on opportunities to better finance sustainable development and secure transformational impact.

Key Points: 
  • Addressing global development challenges under the over-arching theme "Driving Resilience & Equity", forum discussions will focus on opportunities to better finance sustainable development and secure transformational impact.
  • With the OPEC Fund Development Forum we are demonstrating that we are committed to addressing these challenges head-on in concert with partner countries and institutions.
  • The OPEC Fund Development Forum brings together government leaders, ministers, heads of institutions, representatives from multilateral development banks, international organizations and private sector stakeholders.
  • For a full list of speakers and a detailed program, please visit the official OPEC Fund Development Forum 2023 website.

OPEC Fund Development Forum 2023: Unlocking synergies and funding opportunities for sustainable development

Retrieved on: 
Thursday, June 15, 2023
Private sector, United Nations, Policy, Collaboration, Woman, Climate change, United Nations Office for Disaster Risk Reduction, Equity, Columbia Business School, International development, Multilateralism, OPEC Fund for International Development, African Development Bank, Development finance institution, Agency, Head, Islamic Development Bank, TDB, Bangladesh Development Forum, French Development Agency, Partnership, Catalysis, Renewable energy

Addressing global development challenges under the over-arching theme "Driving Resilience & Equity", forum discussions will focus on opportunities to better finance sustainable development and secure transformational impact.

Key Points: 
  • Addressing global development challenges under the over-arching theme "Driving Resilience & Equity", forum discussions will focus on opportunities to better finance sustainable development and secure transformational impact.
  • With the OPEC Fund Development Forum we are demonstrating that we are committed to addressing these challenges head-on in concert with partner countries and institutions.
  • The OPEC Fund Development Forum brings together government leaders, ministers, heads of institutions, representatives from multilateral development banks, international organizations and private sector stakeholders.
  • For a full list of speakers and a detailed program, please visit the official OPEC Fund Development Forum 2023 website.

Busan Equity Partners (BEP) Promotes Critical Minerals Project in the Philippines with PGMPI

Retrieved on: 
Tuesday, June 13, 2023
Natural Resources, Other Manufacturing, Finance, Hardware, Professional Services, Technology, Mining, Minerals, Manufacturing, Semiconductor, Mineral, DTI, Hafnium, Army, DBP, Multimedia, Board of Investment, Judgement, Niobium, Nickel, Development finance institution, MOU, Zirconium, Ministry of Trade and Industry, Investment, Development Bank of the Philippines, Rare-earth element, Mobile phone, BEP

BEP (Busan Equity Partners), a Korean asset management company, will invest in the PGMPI (Philippine General Minerals Project Inc.) , a Filipino rare earth element mining company.

Key Points: 
  • BEP (Busan Equity Partners), a Korean asset management company, will invest in the PGMPI (Philippine General Minerals Project Inc.) , a Filipino rare earth element mining company.
  • in addition to an additional investment in PGMPI together with a listed company in Korea.
  • The agreement with PGMPI for establishing a joint venture in the Philippines will be wrapped up in June 2023.
  • that PGMPI will mine through this investment are strategic critical minerals.

RCLCO Fund Advisors to Serve As US Real Estate Market Advisor for Development Bank of Japan Inc.

Retrieved on: 
Tuesday, June 13, 2023
DBJ, Research, Investment, RFA, Development finance institution, History, Mammen (village), Financial services

LOS ANGELES, June 13, 2023 /PRNewswire/ -- RCLCO Fund Advisors ("RFA") (www.rclco.com/rfa) announced that it has entered into an agreement with Development Bank of Japan Inc. ("DBJ") to serve as an advisor on its U.S. real estate investments. Under an arrangement facilitated by Otake Global Capital, RFA will source, carry out due diligence, and monitor DBJ's U.S. senior real estate loan portfolio, and provide research, market intelligence, and analytics.

Key Points: 
  • LOS ANGELES, June 13, 2023 /PRNewswire/ -- RCLCO Fund Advisors ("RFA") ( www.rclco.com/rfa ) announced that it has entered into an agreement with Development Bank of Japan Inc. ("DBJ") to serve as an advisor on its U.S. real estate investments.
  • Under an arrangement facilitated by Otake Global Capital, RFA will source, carry out due diligence, and monitor DBJ's U.S. senior real estate loan portfolio, and provide research, market intelligence, and analytics.
  • "We believe that despite some degree of market uncertainty, the North American real estate sector continues to offer superior possibilities and investment opportunities," said Mammen.
  • "Investment in North American real estate is a vital part of a comprehensive portfolio strategy, and more than ever requires devoted expertise to maximize long-term success and returns.

Lightico Acquires Customer Experience Platform Vizolution as Demand Booms for Digital Customer Completion

Retrieved on: 
Monday, June 12, 2023
John Oxx, HSBC, HSBC Bank, Digital, TD, Toronto-Dominion Bank, Signature, Capital One, Organization, TEL, BNP Paribas, Acquisition, Collection, Development finance institution, GM Financial, HSBC (United Kingdom), DBW, Entrepreneurship, ROI, NatWest, Cryptocurrency, Dynamics (music)

TEL AVIV, Israel and LONDON, June 12, 2023 /PRNewswire/ -- Lightico, market-leading provider of digital customer interactions, today announced its acquisition of Europe's leading customer experience technology provider, Vizolution, which positions the joint company as the global leader in B2B2C Digital Completion for the financial services and telecom industries. With a robust, combined platform, the company enables businesses to fully engage remotely with their customers through any channel in an automated and mobile-first manner.

Key Points: 
  • Customers have seen over 80% faster turnaround times, 45% improvement in completion rates and an ROI of 360%.
  • "As customer expectations for service companies to offer seamless, digital experiences continues to soar, bringing Vizolution into the Lightico fold will result in a more robust platform devoted to helping businesses deliver world-class digital experiences," said Zviki Ben Ishay CEO and Co-Founder of Lightico.
  • The deal will combine Vizolution's transformational agent-assisted and self-serve solutions with Lightico's powerful Compliant Digital Completion Platform, including its workflow-integrated eSignature, document collection, and identification & verification services.
  • "Vizolution has been providing customer experience services to market-leading enterprises to help them transform and improve digital experiences for millions of their customers," said Bill Safran, CEO of Vizolution.

Lightico Acquires Customer Experience Platform Vizolution as Demand Booms for Digital Customer Completion

Retrieved on: 
Monday, June 12, 2023
John Oxx, HSBC, HSBC Bank, Digital, TD, Toronto-Dominion Bank, Signature, Capital One, Organization, TEL, BNP Paribas, Acquisition, Collection, Development finance institution, GM Financial, HSBC (United Kingdom), DBW, Entrepreneurship, ROI, NatWest, Cryptocurrency, Dynamics (music)

TEL AVIV, Israel and LONDON, June 12, 2023 /PRNewswire/ -- Lightico, market-leading provider of digital customer interactions, today announced its acquisition of Europe's leading customer experience technology provider, Vizolution, which positions the joint company as the global leader in B2B2C Digital Completion for the financial services and telecom industries. With a robust, combined platform, the company enables businesses to fully engage remotely with their customers through any channel in an automated and mobile-first manner.

Key Points: 
  • Customers have seen over 80% faster turnaround times, 45% improvement in completion rates and an ROI of 360%.
  • "As customer expectations for service companies to offer seamless, digital experiences continues to soar, bringing Vizolution into the Lightico fold will result in a more robust platform devoted to helping businesses deliver world-class digital experiences," said Zviki Ben Ishay CEO and Co-Founder of Lightico.
  • The deal will combine Vizolution's transformational agent-assisted and self-serve solutions with Lightico's powerful Compliant Digital Completion Platform, including its workflow-integrated eSignature, document collection, and identification & verification services.
  • "Vizolution has been providing customer experience services to market-leading enterprises to help them transform and improve digital experiences for millions of their customers," said Bill Safran, CEO of Vizolution.

Organon and CAF, Development Bank of Latin America, Launch First-of-Its-Kind Collaboration to Increase Sustainable Financing in Women’s Health

Retrieved on: 
Wednesday, June 7, 2023
Women, Finance, Banking, Professional Services, Biotechnology, DEI (Diversity, Equity and Inclusion), General Health, Pharmaceutical, Consumer, Health, United Nations Sustainable Development Group, CAF – Development Bank of Latin America, Woman, CAF, OGN, Government, GDP, Investment, Development finance institution, Risk, MOU, Economic development, NYSE, Drug, Organon

Across the globe, tremendous gaps exist in women’s health that can potentially prevent women and thus economies from achieving their full potential.

Key Points: 
  • Across the globe, tremendous gaps exist in women’s health that can potentially prevent women and thus economies from achieving their full potential.
  • Sustainable financing can advance progress in women’s health by mobilizing capital towards initiatives that might not otherwise receive adequate support like increasing access to sexual and reproductive health education and healthcare services.
  • Sustainable financing is one potential solution to address constrained government budgets while catalyzing healthcarei and socioeconomic progress.
  • By using data, Organon is helping governments understand the value sustainable finance can provide to their people and their economies through health-related investments.

TeraWatt Technology completes Pre-C funding round to accelerate the large-scale pilot-production of its next-generation lithium-ion batteries

Retrieved on: 
Monday, June 5, 2023
Watt, Quality control, JAFCO, Development Bank of Japan, Temasek, Development finance institution, Khosla Ventures, Cryptocurrency

Investors from Series B, including Temasek, Khosla Ventures, and JAFCO participated again in this round.

Key Points: 
  • Investors from Series B, including Temasek, Khosla Ventures, and JAFCO participated again in this round.
  • Through the existing pilot manufacturing, TeraWatt has been producing 5 to 8Ah commercial-grade cells, which have successfully passed safety testing requirements at third-parties such as UN38.3 and IEC62133-2.
  • "We are thrilled to announce the completion of Pre-C funding round to bring our development to a next step with quality and quantity."
  • said TeraWatt Technology founder CEO Ken Ogata, Ph.D., "In addition to our existing international investors, we are delighted to have the participation of many outstanding Japanese investors."