November 27, 2024/d.light Acumen’s Hardest-to-Reach (“H2R”) initiative has invested $5 million in Brighter Life by d.light (“BLd”), the first multi-country receivables financing facility formed by d.light and African Frontier Capital (“AFC”). BLd purchases customer receivables generated from d.light’s solar home system sales in Uganda, Kenya, and Tanzania, enabling these subsidiaries […]
Other News
SEC Updates List of Firms Using Inaccurate Information to Solicit Investors
November 27, 2024/US SEC The Securities and Exchange Commission today announced that it updated its list of unregistered entities that use misleading information to solicit primarily non-U.S. investors, adding 14 soliciting entities, two impersonators of genuine firms, and four bogus regulators. The SEC’s list of soliciting entities that have been […]
Bears Resurface as Nigerian Bourse Declines -0.4% on ARADEL Losses
November 27, 2024/Cordros Report EQUITIES The bears resurfaced in the domestic equities market as profit-taking activities in ARADEL (10.0%), NB (-5.3%) and FIDELITYBK (-1.6%) triggered a 0.4% decrease in the All-Share Index to 97,296.57 points. As a result, the Month-to-Date and Year-to-Date returns printed -0.4% and +30.1%, respectively. The total […]
