Post de Bourse Régionale des Valeurs Mobilières (BRVM) - UEMOA

Six Tajik financial institutions and partners of the European Bank for Reconstruction and Development (EBRD) - Amonatbank, Bank Arvand, Bank Eskhata, First MicroFinanceBank, MDO HUMO and MDO IMON International have successfully completed the European Bank for Reconstruction and Development (EBRD)’s Transition Planning Programme (TPP), which equipped them with practical skills necessary for climate risk management and strategic planning related to climate strategies and governance, says press release issued by EBRD Resident Office (RO) in Dushanbe. The graduation ceremony was part of the Pathways to Paris 2024 conference in Antalya, Türkiye hosted by the EBRD. It brought together partner financial institutions, central banks, investors and other capital market stakeholders from Europe, Asia, and North Africa. The Tajikistan financial institutions attended masterclasses and seminars between April and September this year jointly organized by the National Bank of Tajikistan (NBT) and the EBRD Green Finance Academy. The TPP helped identify nearly 100 green champions, which developed a range of competencies such as in climate banking related matters. Read more: https://lnkd.in/dkQXSa2e

🙌 Great news for the FEFISOL II fund! SIDI (Solidarité Internationale pour le Développement et l'Investissement) is very pleased to announce that USAID and Prosper Africa have approved a grant in first-loss capital to the #FEFISOL II fund to help mitigate its foreign exchange risk on its African local currency portfolio. FEFISOL II is the investment fund backed by SIDI (Solidarité Internationale pour le Développement et l'Investissement) et Alterfin. Managed by Inpulse Investment Manager, FEFISOL II is dedicated to the financing of African rural microfinance institutions and agricultural entities sourcing from smallholder farmers in #Africa.   ✔️ FEFISOL II is a highly additional fund focused on Sub-Saharan Africa, targeting the poorest and most unequal regions, often deemed too risky by traditional investors. It aims to support vulnerable populations, particularly women and rural inhabitants, by financing #microfinance institutions to enhance financial inclusion, reduce poverty, and generate employment. The fund also supports small agricultural entities to strengthen agricultural value chains and improve food security. FEFISOL II offers flexible loan products to meet diverse financial needs and provides technical assistance to enhance organizational capacities and support their social missions.   ✔️ This grant provided by USAID and Prosper Africa will allow the fund to further develop its microfinance portfolio in Africa and support FEFISOL II in its efforts to raise capital for the third and last #closing, targeting to reach a size of €30 million. With this grant, USAID, Prosper Africa, and FEFISOL II aim to enhance trade, investment, and the business environment across the African continent by strengthening agricultural value chains, creating rural employment, increasing local value-added markets, reducing climate change vulnerability, and ultimately contributing to the continent’s socially sustainable economic growth.   🤝 USAID and Prosper Africa’s contribution complements other blending mechanisms secured by the fund in 2023 with U.S. International Development Finance Corporation and the Aceli Africa Program. Given the amplification and overlapping of risks in Africa, it is crucial to rely on such risk-sharing mechanism for a fund dedicated to financing rural microfinance and smallholder farmer organizations.   👉 More news on SIDI and FEFISOL II : www.sidi.fr/en  #impactinvesting #socialimpact #ruraldevelopment #agriculturefinance  

📢 Join us next week for a thought-provoking dialogue (👉https://lnkd.in/d3YWNnHV) exploring critical questions for international development today: ❔Why is credit still important for women’s economic empowerment? ❔What role should subsidies play in providing access to capital? ❔And what would it take to get microfinance to live up to its potential, especially in Africa? You will hear from: 🔹Greta Bull, Director, Women’s Economic Empowerment | Bill & Melinda Gates Foundation 🔹Timothy Ogden, Managing Director | Financial Access Initiative, NYU Wagner 🔹Andree Simon, President and Global CEO | FINCA International 🔹Bridget Dougherty, Managing Director | BRAC International Holdings B.V. The webinar will be moderated by: 🔹Alexander G. Sotiriou, Financial Sector Specialist | CGAP 🔹Valdete Berisha, Senior External Relations Officer | CGAP / FinDev Gateway #internationaldevelopment #microfinance #credit #womensempowerment

The first sustainable hybrid capital transaction issued by a Multilateral Development Bank (MDB) is now displayed on LGX! The USD 750 million transaction, brought to the market by the African Development Bank Group (AfDB), is a highly innovative structure which will help increase the bank’s sustainable lending capacity in Africa and the developing world in line with G20 recommendations. Joining us in congratulating AfDB on this important transaction. 🤗 Find out more 👉  https://lnkd.in/e7N-buwF

The IMF Executive Board completed the first and second reviews of the extended arrangement under the Extended Fund Facility for Egypt, which aims to restore economic stability and ensure higher, more inclusive growth. The IMF Board approved an augmentation of the original program to Egypt from $3 billion to about $8 billion, allowing the disbursement of about $820 million (SDR 618.1 million). Key policies of Egypt’s IMF-supported program include: - Moving to a flexible exchange rate regime - Reducing inflation and its burden on the Egyptian people - Preserving debt sustainability - Supporting development of the private sector Press Release: https://lnkd.in/eEe_Fv8M FAQs: https://lnkd.in/dDy3ZBxB

What will it take to expand electricity access in Africa? ⚡ We spoke with T. Patrick Walsh, Co-Founder and CEO of Sun King during the #WBGMeetings about the role of the private sector in connecting millions of people across Africa. And watch the replay of the The World Bank and IFC - International Finance Corporation #PoweringAfrica event to hear more from the public and private sector panelists ➡ https://lnkd.in/dsdEe8iE #IFCEnergy #IFCInfrastructure 

🚨 ARISE IIP secures major capital investment of US$443 Million for Pan-African expansion ARISE IIP is thrilled to announce a significant capital raise of US$443 million, including a strategic US$300 million investment from African Export-Import Bank (Afreximbank)'s FEDA and US$143 million from Africa Finance Corporation (AFC). This new funding boosts ARISE IIP’s equity capital to over US$1 billion. This investment will accelerate our operations across our 12-country portfolio, strengthening #Africa’s role in global value chains and driving sustainable economic growth. 🤝🏾 Together with our partners, we are dedicated to fostering industrial transformation and enhancing Africa's position in global trade. _ 🚨 ARISE IIP obtient un investissement majeur de 443 millions de dollars pour son expansion panafricaine ARISE IIP est ravie d’annoncer une levée de fonds importante de 443 millions de dollars, comprenant un investissement stratégique de 300 millions de dollars de la part de FEDA,  le fonds d’investissement d'African Export-Import Bank (Afreximbank), et 143 millions de dollars de l'Africa Finance Corporation (AFC). Ce nouvel apport porte le capital d'ARISE IIP à plus d'1 milliard de dollars. Cet investissement permettra d’accélérer nos opérations dans notre portefeuille de 12 pays, renforçant ainsi le rôle de l'Afrique dans les chaînes de valeur mondiales et favorisant une croissance économique durable. 🤝🏾 Avec nos partenaires, nous sommes résolus à accélérer la transformation industrielle et à faire de l’Afrique un acteur incontournable du commerce mondial.