All News

July 15, 2020

1

The Rainforest Alliance announces its enhanced certification program and standard

The Rainforest Alliance’s sustainability certification is evolving, with the publication of a new program with more robust criteria, measurement, and impact featuring several key innovations. The new program will replace existing Rainforest Alliance and UTZ certification programs from mid-2021.

The international non-profit organization expects at least two million farmers around the world to use the new certification program to produce better"...

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July 15, 2020

2

FAO signs new partnership with Rabobank on sustainable agriculture

Rabobank has signed a new partnership agreement with The Food and Agriculture Organization of the United Nations (FAO), with the intention of helping targeted rural communities benefit from more inclusive, sustainable food systems.

It also envisages jointly exploring the use of innovative financial instruments to bridge financing gaps in emerging markets and to promote sustainability in food systems investments.

FAO"...

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July 15, 2020

3

EBRD approves Algeria to its membership

The shareholders of the European Bank for Reconstruction and Development (EBRD) have approved an application by Algeria to become a member of the multilateral financial institution.

The Algerian authorities made a request for membership in March with a view to becoming a recipient of EBRD finance and advisory services. The Bank’s Board of Governors has now agreed to the first stage in this process. Algeria will have to meet some pre-membership"...

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July 15, 2020

4

Finland supports digitalisation of higher education in developing countries

The Finnish Ministry for Foreign Affairs has granted €11.2 million to 4-year higher education partnerships to develop the capacity of distance learning at higher education institutions and to support students' wider access to higher education in global south.

One of the priorities of the HEI ICI programme (Higher Education Institutions Institutional Cooperation Instrument) is to develop distance learning. This is particularly topical in the"...

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July 15, 2020

5

Shell’s 20 kilometre gas pipeline connects industrial zones in Abia state

Shell Nigeria Gas (SNG) has completed the final phase of its 20km domestic gas pipeline expansion project in Abia State, connecting Agbor Hill, Osisioma and Araria industrial zones.

The project has also enabled the supply of pipeline gas to Ariaria Market Energy Solutions Limited, the Independent Power Project (IPP) consortium that provides electricity to the popular Ariaria market in Abia State. Ariaria International Market is one of the largest leather"...

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July 15, 2020

6

Mastercard partners with FASTA to launch South Africa’s first virtual credit card

The FASTACard gives South Africans access to instant credit loaded onto a secure digital card that can be used online and in-store. This virtual card will help to meet the demand of today’s cash-strapped consumers who are increasingly seeking ‘no contact’ digital payment solutions in the wake of the pandemic.

An authorised and registered credit provider, FASTA offers South Africans a low-cost financing facility, using an advanced risk-based"...

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July 15, 2020

7

Strengthening cooperation between cultural sectors, micro-enterprise examined

ALGIERS – Minister of Culture and Arts, Malika Bendouda held, on Monday in Algiers, a meeting with the Minister Delegate to the Prime Minister responsible for micro-enterprises, Nassim Diafat, during which both sides examined ways and means capable of strengthening cooperation between the two sectors, according to a press release from the Ministry of Culture.

The two parties agreed, during this meeting, as part of the “government consultation”"...

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July 14, 2020

8

IFC invests €25 million in NSIA, helps finance businesses in Côte d’Ivoire

IFC, a member of the World Bank Group, announced a €25 million, one-year senior loan to NSIA Banque Côte d’Ivoire (NSIA), allowing the bank to extend new trade-related or working capital loans to companies whose cash flows have been disrupted by the Covid-19 pandemic.

The loan is IFC’s first investment in Côte d’Ivoire as part of its global COVID-19 fast-track financing support package, designed to help client financial"...

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July 14, 2020

9

Did Pt Tebboune Give Green Light To Proceed With “Augusta” Refinery Project In Italy?

The plan of the President of the Republic, Abdelmadjid Tebboune, for the economic and social recovery included a kind of green light to proceed with the project of the “Augusta” refinery in Sicily (Italy), which was acquired by Sonatrach at the end of 2018, after the President’s economic roadmap ordered a total halt of fuel imports by the first quarter of next year.

In"...

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July 14, 2020

10

CRC Credit Bureau Appoints Alebiosu, Odulaja Chairman, Vice

The Board of Directors of CRC Credit Bureau Limited are pleased to announce the appointment of Mr. Olusegun Alebiosu as the new Chairman and Mrs. Olajumoke Odulaja as Vice Chairman of the Board of Directors of the organization. CRC Credit Bureau will undoubtedly benefit from their combined over 50-year experience in senior executive positions in the banking and financial services industry. Mr. Alebiosu replaces Dr. Greg Jobome who has served out his two-term tenure. He joined the Board of CRC in 2016, representing First Bank.

"...

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