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EBRD Issues EUR 1 Billion 7-Year Green Bond

Image Credit: EBRD July 11, 2024/EBRD Bond details: Amount: USD 1 billion Settlement date: 17 July 2024 Coupon: 2.875% annual, Act/ac Maturity date: 17th July 2031 Issue price: 99.856 % Re-offer Spread vs Mid Swaps: +12 bps Re-offer Spread to Benchmark: +47.5 bps Listing: London Stock Exchange’s Regulated Market & Luxembourg Green Exchange […]

BG Titan Group and Veea Inc. Form a Strategic Partnership to Bring Internet Connectivity and Acutely Needed Services to Underserved Communities in North Africa

July 11, 2024/Aetoswire BG Titan Group (“BGT”), a leader in infrastructure development projects, and Veea Inc. (“VEEA”), a first-to-market pioneer in hyperconverged multiaccess networks, incorporating and edge-to-cloud computing and Edge AI, today announced a strategic partnership aimed at driving broadband inclusion and community development across North African countries. The parties […]

PFAs Maintain Upward Trajectory in AUM Growth

July 11, 2024/Coronation Research According to the latest monthly report released by Nigeria’s Pension Commission (PENCOM), the assets under management (AUM) of the regulated pension industry increased by +25.6% y/y to N20.2trn. Notably, FGN debt securities accounted for 63% of the total AUM in May ’24. Meanwhile, other asset classes […]