International development

Developing World Markets Secures $90 Million for Sustainable Impact Investments from Nordic institutions

Tuesday, July 7, 2020 - 1:38pm

STAMFORD, Conn., July 7, 2020 /PRNewswire/ -- Developing World Markets (DWM) has secured commitments of US$90.4 million from three Nordic financial institutions to invest in low-income countries, many hit hard by the global pandemic.

Key Points: 
  • STAMFORD, Conn., July 7, 2020 /PRNewswire/ -- Developing World Markets (DWM) has secured commitments of US$90.4 million from three Nordic financial institutions to invest in low-income countries, many hit hard by the global pandemic.
  • Through this investment strategy, DWM , a U.S.-based impact asset manager, will provide local currency debt financing to benefit low-income communities in emerging and frontier markets .
  • Inclusive financial institutions are banks, microfinance institutions, SME lenders and other financial institutions that serve low-income or underserved segments of the population.
  • Developing World Markets is an impact asset manager with more than two decades of experience in emerging and frontier markets.

Emerging Markets Report: Right Place, Right Time

Monday, July 6, 2020 - 12:00pm

Survival, it seems, will be based on how agile a company will be and how they navigate truly epic times.

Key Points: 
  • Survival, it seems, will be based on how agile a company will be and how they navigate truly epic times.
  • Perhaps as with Amazon and Netflix, Digital Asset Monetary Network will make the most of simply being in the right place at the right time.
  • To learn more about DigitalAMN, visit their site at https://digitalamn.com/
    The Emerging Markets Report is owned and operated by Emerging Markets Consulting (EMC), a syndicate of investor relations consultants representing years of experience.
  • Our network consists of stock brokers, investment bankers, fund managers, and institutions that actively seek opportunities in the micro and small-cap equity markets.

The Emerging Markets Internet & Ecommerce ETF (EMQQ) Announces Strong One-Year Performance and the Results of its Semi-Annual Rebalancing

Wednesday, July 1, 2020 - 2:00pm

The Emerging Market Internet & Ecommerce ETF (EMQQ) today announced robust one-year performance as of June 2020 and the results of its semi-annual rebalancing.

Key Points: 
  • The Emerging Market Internet & Ecommerce ETF (EMQQ) today announced robust one-year performance as of June 2020 and the results of its semi-annual rebalancing.
  • For important standard performance information as of the most recent quarter and month-end and disclosures for EMQQ please click here .
  • This near doubling of the Index constituents over the ensuing five years is due to the growth of the Internet and Ecommerce industry in Emerging Markets.
  • This, coupled with what we believe to be strong fundamentals and attractive valuations, could continue to offer further potential for Emerging Markets Internet and Ecommerce companies to see potential growth going forward."

Fitch Ratings Affirms PhosAgro's Investment Grade Credit Rating of BBB-/Stable

Wednesday, July 1, 2020 - 11:02am

PhosAgro's main products include phosphate rock, 50 grades of fertilizers, feed phosphates, ammonia, and sodium tripolyphosphate, which are used by customers in 102 countries spanning all of the world's inhabited continents.

Key Points: 
  • PhosAgro's main products include phosphate rock, 50 grades of fertilizers, feed phosphates, ammonia, and sodium tripolyphosphate, which are used by customers in 102 countries spanning all of the world's inhabited continents.
  • The Company's priority markets outside of Russia and the CIS are Latin America, Europe and Asia.
  • PhosAgro's shares are traded on the Moscow Exchange, and Global Depositary Receipts (GDRs) for shares trade on the London Stock Exchange (under the ticker PHOR).
  • Since 1 June 2016, the Company's GDRs have been included in the MSCI Russia and MSCI Emerging Markets indexes.

Report on Payments to Governments for 2019

Tuesday, June 30, 2020 - 5:04pm

PhosAgro's main products include phosphate rock, 50 grades of fertilizers, feed phosphates, ammonia, and sodium tripolyphosphate, which are used by customers in 102 countries spanning all of the world's inhabited continents.

Key Points: 
  • PhosAgro's main products include phosphate rock, 50 grades of fertilizers, feed phosphates, ammonia, and sodium tripolyphosphate, which are used by customers in 102 countries spanning all of the world's inhabited continents.
  • The Company's priority markets outside of Russia and the CIS are Latin America, Europe and Asia.
  • PhosAgro's shares are traded on the Moscow Exchange, and Global Depositary Receipts (GDRs) for shares trade on the London Stock Exchange (under the ticker PHOR).
  • Since 1 June 2016, the Company's GDRs have been included in the MSCI Russia and MSCI Emerging Markets indexes.

African Development Bank ranks 4th on global index of transparency

Thursday, June 25, 2020 - 2:28pm

ABIDJAN, Cte dIvoire, June 25, 2020 (GLOBE NEWSWIRE) -- Publish What You Fund has ranked the African Development Bank fourth out of 47 global development institutions on its Aid Transparency Index.

Key Points: 
  • ABIDJAN, Cte dIvoire, June 25, 2020 (GLOBE NEWSWIRE) -- Publish What You Fund has ranked the African Development Bank fourth out of 47 global development institutions on its Aid Transparency Index.
  • The index places the Bank in the highest category of transparency along with other world class institutions such as the World Bank, the Asian Development Bank and UNDP.
  • We congratulate the African Development Bank - Sovereign Portfolio onachieving 4th place in the 2020 Aid Transparency Index.
  • In the new Index, which covers the 2019 year, the African Development Bank scored 95.5 out of 100 on transparency A significant improvement on its score for 2018.

MSCI 2020 Market Classification Review

Tuesday, June 23, 2020 - 10:38pm

MSCI Inc. (NYSE: MSCI), a leading provider of research-based indexes and analytics, announced today the results of the MSCI 2020 Market Classification Review and warned that the MSCI Argentina Index may be removed from the MSCI Emerging Markets Index if there is further deterioration in market accessibility.

Key Points: 
  • MSCI Inc. (NYSE: MSCI), a leading provider of research-based indexes and analytics, announced today the results of the MSCI 2020 Market Classification Review and warned that the MSCI Argentina Index may be removed from the MSCI Emerging Markets Index if there is further deterioration in market accessibility.
  • MSCI will consult on the potential reclassification of the MSCI Argentina Index as part of the MSCI 2021 Market Classification Review.
  • As highlighted in the MSCI 2020 Market Accessibility Review released on June 17, 2020, the accessibility level of the Turkish equity market has been adversely impacted by the introduction of short selling and stock lending bans in October 2019 and February 2020, respectively.
  • MSCI will include the MSCI Iceland Index in the MSCI Frontier Markets Index in one step coinciding with the May 2021 Semi-Annual Index Review.

DGAP-News: African Energy Chamber: African Lives Matter, Too. Energy Policy Decisions Should Consider Their Needs

Tuesday, June 23, 2020 - 7:02pm

As African oil and gas countries struggle with Covid-19's devastating impact on demand, two international groups seem to be celebrating it.

Key Points: 
  • As African oil and gas countries struggle with Covid-19's devastating impact on demand, two international groups seem to be celebrating it.
  • I would advise these organizations not to ignore the needs of poor people in African countries.
  • As it stands, African energy entrepreneurs, the African energy sector, and Africans who care about energy poverty are basically saying, "I can't breathe."
  • I have heard calls, including some from the OECD, for the development of sustainable energy solutions to meet Africa's power needs.

Standard & Poor's Affirms PhosAgro's Investment Grade Credit Rating of BBB-/Stable

Tuesday, June 23, 2020 - 3:11pm

PhosAgro's environmentally friendly fertilizers stand out for their high efficiency, and they do not lead to the contamination of soils with heavy metals.

Key Points: 
  • PhosAgro's environmentally friendly fertilizers stand out for their high efficiency, and they do not lead to the contamination of soils with heavy metals.
  • The Company's priority markets outside of Russia and the CIS are Latin America, Europe and Asia.
  • PhosAgro's shares are traded on the Moscow Exchange, and global depositary receipts (GDRs) for shares trade on the London Stock Exchange (under the ticker PHOR).
  • Since 1 June 2016, the Company's GDRs have been included in the MSCI Russia and MSCI Emerging Markets indexes.

Glass Fiber Reinforced Gypsum (GFRG) Market to Reach USD 4.41 Billion by 2027 | Reports And Data

Monday, June 22, 2020 - 2:00pm

Market Size USD 2.66 Billion in 2019, Market Growth - CAGR of 6.9%, Market Trends High demand from emerging economies

Key Points: 
  • Market Size USD 2.66 Billion in 2019, Market Growth - CAGR of 6.9%, Market Trends High demand from emerging economies
    NEW YORK, June 22, 2020 /PRNewswire/ -- The globalGlass Fiber Reinforced Gypsum (GFRG) marketis forecast to reach USD 4.41 Billion by 2027, according to a new report by Reports and Data.
  • After the pandemic, however, trends discussed in the study of the Global Glass Fiber Reinforced Gypsum Market do hold ground.
  • The development of public infrastructure, in particular in India and China, should have a positive impact on the growth of the gypsum reinforced with fiberglass market.
  • For the purpose of this report, Reports and Data have segmented into the global Glass Fiber Reinforced Gypsum market on the basis of Type, Application, End-Use, and Region: