Despite a shared currency and regional stock market available to eight different countries, the West African Economic and Monetary Union (WAEMU – also referred to as UEMOA from the acronym…
Michael Lowe
-
-
financialGlobal InvestmentsInvestmentNewsTechnologyUK
FinTech Funding Drops from Pandemic Highs to $27.3 Billion
by Michael Loweby Michael LoweAmid global economic slowdown and uncertainties, the financial technology (FinTech) sector continues to attract significant capital, showcasing its resilience. In the first six months of 2023, global investment in FinTech reached $27.3bn…
-
FeaturedGlobal NewsInvestmentNewsWorld News
Bank Muscat Oryx Fund Set to Pay Largest Ever Dividend
by Michael Loweby Michael LoweThe Oryx fund, run by Oman-based Bank Muscat, is set to pay its largest ever divided to shareholders after enjoying a positive performance during 2022.The fund’s management board has proposed…
-
FeaturedGlobal NewsInvestmentNews
Lithuanian Ignitis Plans Big Investments in Latvian Energy Sector
by Michael Loweby Michael LoweLithuania’s largest energy company, Ignitis Group, invested €522 million in green energy last year. 80% was invested in Lithuania but the company also operates in Finland, Estonia, Latvia, and Poland.…
-
FeaturedGlobal NewsInvestmentNews
India Encourages Japan to Invest in Defence Sector
by Michael Loweby Michael LoweIndia has encouraged Japan to invest in the defence sector, foreign secretary Vinay Kwatra has said. During the discussions between Prime Minister Narendra Modi and his Japanese counterpart Fumio Kishida,…
-
FeaturedGlobal NewsInvestmentNews
Korea-japan Communication Channels to Resume for Energy, Chips, Supply Chain Cooperation
by Michael Loweby Michael LoweKorea will resume its communication channels with Japan for fortified cooperation in energy, chips and supply chains, the trade minister said Wednesday. Minister of Trade, Industry and Energy Lee Chang-yang…
-
FeaturedGlobal NewsInvestmentNews
OPEC Insists on $12.1 Trillion Investments to Fund Oil Sector
by Michael Loweby Michael LoweThe Organisation of Petroleum Exporting Countries (OPEC) has reiterated the need to pump more money into the oil sector, stressing that about $12.1 trillion investment is sacrosanct to keep the…
-
BusinessEconomyFeaturedInvestmentNews
Recognise Bank Lands £25m Investment
by Michael Loweby Michael LoweAccording to Finextra, Recognise – which was fully licensed at the end of 2021 – has raised over £95m in investment to date. The company has, to date, provided £115m…
-
BusinessFeaturedGlobal NewsInvestmentNews
HK, Yunnan to Boost Links Between Mainland and ASEAN
by Michael Loweby Michael LoweHong Kong and the southwestern province of Yunnan have enormous potential for economic cooperation in strengthening strategic connections between the Chinese mainland and the Association of Southeast Asian Nations, the…
-
BusinessFeaturedGlobal NewsInvestmentNews
Australia Must Urgently Lift Business Investment
by Michael Loweby Michael LoweNew research from the Business Council shows that Australia’s capacity to prosper from big economic shifts like decarbonisation and digitisation is at risk of being hobbled by record low investment.…