FMO | Jotup

Release by Scatec partners with IFC for clean and affordable power to Africa

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星期三, 十二月 13, 2023

Kilowatt-hour, Infrastructure, Partnership, World Bank, Mining, Private sector, USD, Energy, FMO, Natural Resources, Growth, International Finance Corporation, World Bank Group, Renewable energy

13 December 2023: Release by Scatec (Release), has signed a USD 100 million loan agreement with the World Bank's International Finance Corporation (IFC).

Key Points:

13 December 2023: Release by Scatec (Release), has signed a USD 100 million loan agreement with the World Bank's International Finance Corporation (IFC).
Release operates on a unique leasing model, providing flexible short- or long-term contracts for the mining and utilities market, primarily in Africa, based on modular, movable and redeployable equipment.
The purpose of the guarantee facility is to guarantee payments to Release from the counterparties leasing the solar and battery equipment.
The partnership with IFC will thereby represent a significant catalyst for further growth of the Release platform.

01Fintech Invests US$20 Million in Validus to Drive SME Financing in the Southeast Asia Region

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星期四, 十二月 14, 2023

Norinchukin Bank, SME, GDP, Asian Development Bank, Citibank, Risk, FMO, Algorithm, SEA, Partnership, Ant Group, Growth, VNG, Ministry of Co-operation, Bank, GCash, Fatal Five, KakaoPay

SINGAPORE, Dec. 13, 2023 /PRNewswire/ -- 01Fintech, a growth stage private equity firm founded by former Ant-Group executive and specialising in financial technology in Southeast Asia, today announced a significant US$20-million investment in Validus, a market-leading small-and-medium-enterprises (SME) supply-chain financing platform with operations in Indonesia, Singapore, Thailand and Vietnam.

Key Points:

01Fintech recognizes the tremendous potential of Validus' unique approach to SME financing which has led to its rapid growth and partnerships with the world's largest financial institutions such as Citibank and other major global banks.
Since its inception in 2015, Validus has disbursed more than US$3 billion[1] in loans to small businesses across Southeast Asia.
Southeast Asia represents a tremendous US$490 billion SME financing gap opportunity for specialized digital lenders with strong credit assessment capabilities.
With the support of 01Fintech, we aim to cement our leadership as the number one digital SME financing company in the region.

Allied Climate Partners Launches to Catalyze Bankable Climate-Related Projects in Emerging Economies

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星期五, 十二月 1, 2023

Allied Climate Partners' mission is to increase the number of bankable, climate-related projects and businesses in emerging economies to create significant environmental, economic, and social impact.

Key Points:

Allied Climate Partners' mission is to increase the number of bankable, climate-related projects and businesses in emerging economies to create significant environmental, economic, and social impact.
"Local leaders around the world have identified a clear problem: there simply aren't enough bankable climate-related projects to deploy capital at the scale we need to address the climate crisis," said Allied Climate Partners CEO Ahmed Saeed.
The lack of bankable projects has long stifled climate investment in developing nations, particularly in the precarious early stages of project development.
That's where Allied Climate Partners comes in," said Andrew Steer, President & CEO of the Bezos Earth Fund.

Medicarians Vegas 2024 Announces New Partnership with Medicare Answers Now

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星期二, 十月 3, 2023

Pulse, Learning, Medicare, FMO, Partnership, Marketing, Sales, Real estate

NEW YORK, Oct. 3, 2023 /PRNewswire-PRWeb/ -- Medicarians Vegas 2024 is excited to announce a brand-new partnership with Medicare industry leader and owner of Medicare Answers Now, Amanda Brewton. Medicarians and Medicare Answers Now will work together to shape agent-centric programming for the seminal industry event, Medicarians Vegas 2024.

Key Points:

NEW YORK, Oct. 3, 2023 /PRNewswire-PRWeb/ -- Medicarians Vegas 2024 is excited to announce a brand-new partnership with Medicare industry leader and owner of Medicare Answers Now, Amanda Brewton.
Medicarians and Medicare Answers Now will work together to shape agent-centric programming for the seminal industry event, Medicarians Vegas 2024.
Medicarians Vegas 2024 takes place April 8th - 10th at the brand-new Fontainebleau Las Vegas.
Ms. Brewton and Medicare Answers Now will play an instrumental role in helping shape the Agent Symposium at Medicarians Vegas 2024.

Empower Brokerage Opens Office in Las Vegas

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星期二, 九月 19, 2023

Loveless, Printing, Insurance, FMO, Wi-Fi, Environment, Hotel, Southern Nevada

SOUTHLAKE, Texas, Sept. 19, 2023 /PRNewswire/ -- Empower Brokerage is proud to announce the opening of its Las Vegas office.

Key Points:

SOUTHLAKE, Texas, Sept. 19, 2023 /PRNewswire/ -- Empower Brokerage is proud to announce the opening of its Las Vegas office.
Over the summer, the Las Vegas team held an open house event where local agents and community members could visit and tour the new facility.
He explains that their Nevada staff and those across Empower Brokerage provide unmatched industry-leading hands-on support to partnering agents.
The new Las Vegas location becomes Empower Brokerage's seventh office and is the first outside of Texas.

Alliant Insurance Services Partners with Sunshine Life & Health Advisors

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星期三, 九月 13, 2023

Professional Services, Health, Insurance, Health Insurance, Human Resources, Finance, Sunshine Life for Me (Sail Away Raymond), Insurance Services of America, Consultant, Public Health Advisor, Sale, Affordable Care Act, ACA, FMO, Financial adviser, Alliant

Alliant Insurance Services has partnered with Sunshine Life & Health Advisors , a Florida-based health insurance firm focused on helping members of the Hispanic community understand and enroll in Affordable Care Act (ACA) health plans.

Key Points:

Alliant Insurance Services has partnered with Sunshine Life & Health Advisors , a Florida-based health insurance firm focused on helping members of the Hispanic community understand and enroll in Affordable Care Act (ACA) health plans.
Sunshine Life & Health Advisors serves clients in Florida and Texas as well as various Hispanic communities throughout the United States.
“Sunshine Life & Health Advisors plays a key role in the community, helping people get the coverage they need.
“This move allows us to broaden our reach, help more people, and strengthen local communities.”
Founded in 2013, Sunshine Life & Health Advisors is a woman- and minority-owned firm consisting of two sister companies, Living Secure Insurance Advisors, Inc. and Sunshine Life & Health Advisors, LLC.

Faraday Future Secures New Funding to Support FF 91 2.0 Futurist Alliance Phase 2 Delivery, Announces Developer Co-Creation Strategy, and Recruits Developer Co-Creation Participants

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星期一, 八月 7, 2023

This new round of funding will support the Company’s phase 2 delivery and sales and service preparation of its Ultimate AI TechLuxury FF 91 2.0 Futurist Alliance.

Key Points:

This new round of funding will support the Company’s phase 2 delivery and sales and service preparation of its Ultimate AI TechLuxury FF 91 2.0 Futurist Alliance.
The Company plans to initiate the delivery process this week and hold the FF 91 2.0 Futurist Alliance delivery ceremony next week.
The acceleration-to-weight ratio of the FF 91 2.0 Futurist Alliance is only 0.78, which is twice as efficient as Ferrari’s 1.59.
The FF 91 2.0 Futurist Alliance boasts an impressive range-to-weight ratio of 136, delivering the undisputed best-in-class performance, surpassing its competitors by a large margin.

Rand Merchant Bank (RMB) advises Scatec on fundraising for roll-out of innovative solar solution across Africa, Release Solar

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星期三, 七月 19, 2023

Climate, Partnership, Merchant bank, Power, CFM, FirstRand, Mining, FMO, Growth, Environment, RMB, Renewable energy, Release, Scatec

Rand Merchant Bank (RMB) advises Scatec on fundraising for roll-out of innovative solar solution across Africa, Release Solar

Key Points:

Rand Merchant Bank (RMB) advises Scatec on fundraising for roll-out of innovative solar solution across Africa, Release Solar
The issuer is solely responsible for the content of this announcement.
Rand Merchant Bank (RMB) advises Scatec on fundraising for roll-out of innovative solar solution across Africa, Release Solar
Rand Merchant Bank (“RMB”) ( www.RMB.co.za ) is proud to be the sole financial advisor to Scatec ASA (“Scatec”), a leading global renewable energy provider, on a US$102 million investment from Climate Fund Managers (“CFM”) in Release by Scatec (“Release”).
Release provides an innovative containerised solar and battery solution to address the rapidly growing energy demand and local power challenges across Africa.
Scatec established Release in 2019 with the aim of offering a creative solar alternative to challenge the traditional approach to providing power in emerging markets.

Global Microfinance Index announces early insights, Top Impact Award Winners and 3 new tools to access the data

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星期四, 七月 13, 2023

LONDON, July 13, 2023 /PRNewswire/ -- Microfinance is improving the quality of life, increasing the resilience of low-income customers to withstand economic shocks, and reaching people without prior access to financial services without creating over-indebtedness. By providing small loans, savings accounts, and other financial services tailored to the needs of marginalized communities, FSPs empower individuals to improve their livelihoods and break the cycle of poverty.

Key Points:

Clients with group loans report a better experience with their Financial Service Provider (FSP) than those with individual loans.
The 60 Decibels Microfinance (MFI) Index is a groundbreaking financial inclusion initiative that exists to measure and benchmark the impact of the microfinance industry – providing high-quality, comparable social performance data for Africa, Asia and Latin America.
More info on the 3 MFI Index data tools can be found at https://60decibels.com/insights/mfi-data/ .
Full details of the winners and award criteria can be found at https://60decibels.com/mfi-awards/ .

Global Microfinance Index announces early insights, Top Impact Award Winners and 3 new tools to access the data

Retrieved on:

星期四, 七月 13, 2023

LONDON, July 13, 2023 /PRNewswire/ -- Microfinance is improving the quality of life, increasing the resilience of low-income customers to withstand economic shocks, and reaching people without prior access to financial services without creating over-indebtedness. By providing small loans, savings accounts, and other financial services tailored to the needs of marginalized communities, FSPs empower individuals to improve their livelihoods and break the cycle of poverty.

Key Points:

Clients with group loans report a better experience with their Financial Service Provider (FSP) than those with individual loans.
The 60 Decibels Microfinance (MFI) Index is a groundbreaking financial inclusion initiative that exists to measure and benchmark the impact of the microfinance industry – providing high-quality, comparable social performance data for Africa, Asia and Latin America.
More info on the 3 MFI Index data tools can be found at https://60decibels.com/insights/mfi-data/ .
Full details of the winners and award criteria can be found at https://60decibels.com/mfi-awards/ .