Caucasus Bank Newswire

World Bank appoints Aliko Dangote to Private Sector Investment Lab

Aliko Dangote, president and chief executive officer (CEO) of Dangote Group, has been appointed to the World Bank’s Private Sector Investment Lab. The appointment places Dangote among a select group of global business leaders tasked with driving investment …

World Bank expands Lebanon aid package to $400m amid deepening crisis

Lebanon has secured a $250 million loan from the World Bank to address chronic electricity shortages, with preliminary approval granted to expand the package to $400 million, the country’s Finance Ministry confirmed this week. According to Reuters, the …

Why more Nigerians will fall into poverty by 2027 - World Bank

The World Bank’s latest Africa’s Pulse report has projects a grim future for Nigeria, with poverty expected to rise by 3.6 percentage points by 2027. Released during the IMF and World Bank Spring Meetings in Washington, DC, the report cites Nigeria’s …

US to Invest in Africa’s Ambitious Nigeria-Morocco Gas Pipeline

The United States has signalled potential interest in investing in the ambitious Nigeria-Morocco Gas Pipeline project, according to comments from Nigeria's Minister of Finance and Economy, Wale Edun. As reported by local media outlets, Minister Edun …

World Bank appoints Aliko Dangote to Elite Group

…Tasks him to drive Investment and job creations in emerging economies The President and Chief Executive of the Dangote Group, Aliko Dangote, has been appointed to the World Bank’s Private Sector Investment Lab.  He will be joining a select group of global …

Ireland to give 141 million euros to World Bank fund for poorest countries

By Karin Strohecker WASHINGTON (Reuters) -Ireland will contribute about 141.4 million euros ($161 million)to the World Bank’s latest replenishment of its fund for the poorest countries, a 33.5% increase over the country’s previous contribution, Finance …

World Bank projects 17.2% inflation rate for Ghana in 2025, lower than IMF's target

The World Bank has projected Ghana’s inflation rate to hit 17.2% in 2025, slightly above the country's current trajectory but still below the International Monetary Fund's (IMF) programme target of 15%. This forecast is part of the World Bank’s …

World Bank projects 3.6% economic growth for Nigeria in 2025, more optimistic than IMF’s forecast 

The World Bank has projected that Nigeria’s economy will grow by 3.6% in 2025, building on an estimated 3.4% expansion in 2024, as reforms begin to show signs of stabilising the macroeconomic environment. The latest forecast, contained in the Spring 2025 …

Nigeria accounts for 15% of the world’s poorest, says World Bank 

Nigeria is home to 19% of the extremely poor population in sub-Saharan Africa, the highest share across the region, according to the World Bank’s April 2025 Africa’s Pulse report. Sub-Saharan Africa remains the global epicenter of extreme poverty, with the …

India lifts 17 crore out of poverty, employment growth outpaces population: World Bank

Uttar Pradesh, Maharashtra, Bihar, West Bengal, and Madhya Pradesh accounted for 65 percent of the country’s extreme poor in 2011-12 and contributed to two-thirds of the overall decline in extreme poverty by 2022-23. World Bank has said that India has …

World Bank Expands Investment Lab, Targets Job Creation

The World Bank has launched the implementation phase of its Private Sector Investment Lab, expanding its leadership to include top private sector figures across industries known for job creation. World Bank President Ajay Banga announced the expansion on …

Pakistan says military incursion by India is imminent

Pakistan's defence minister has said a military incursion by neighbouring India was imminent in the aftermath of a deadly militant attack on tourists in Kashmir last week, as tensions rise between the two nuclear-armed nations. The attack killed 26 …

The Indus Standoff

India, Pakistan’s all weather foe, has once again resorted to blaming Pakistan for its own security lapses. At this point, Pakistan has become India’s go-to scapegoat. While the incident in Pahalgam was undeniably tragic, India’s attempt to exploit the …

World Bank appoints Dangote to elite group

The World Bank has appointed the President and Chief Executive of the Dangote Group, Aliko Dangote, to its Private Sector Investment Lab, aimed at driving job creation in emerging economies. In a statement released to DAILY POST on Thursday, Dangote, in …

Annual Report 2024

2024 saw the ECB advance further through its monetary policy cycle. This cycle has consisted of three distinct phases. The first was a tightening phase, which ran from July 2022 to September 2023, during which interest rates rose by a record 450 basis …

Bad news for Pakistan amid war-like situation with India, World Bank warns Islamabad of...1 crore people to be affected ...

World Bank Projects Steady Decline in Ghana’s Inflation Through 2027

Ghana’s inflation rate is expected to ease significantly over the next three years, dropping from 17.2% in 2025 to 8% by 2027, according to the World Bank’s latest Africa Pulse Report. While the 2025 forecast remains above the government and International …

World Bank Slashes Caribbean Growth Forecast Amid Global Tensions

The World Bank has reduced its 2025 economic growth forecast for Latin America and the Caribbean to 2.1% from its January forecast of 2.5%, citing factors such as delayed interest rate cuts in developed economies, global trade restrictions, slowing growth …

World Bank cuts Romania's growth forecast to lowest in the region for 2025 and 2026

The World Bank has sharply revised downward its economic growth projections for Romania, now expecting GDP to grow by just 1.3% in 2025 and 1.9% in 2026, the World Bank Europe and Central Asia Economic Update said on April 23. These are the lowest growth …

Trexity Partners with Rye Consulting to Lead U.S. Expansion

Canadian Delivery Platform Gains Traction Nationally, Now Sets Sights on U.S. Growth NEW YORK, NY, UNITED STATES, April 29, 2025 /⁨EINPresswire.com⁩/ -- Trexity, Canada’s leading same-day, last-mile local delivery platform, has engaged Rye Consulting …

Apex Capital Acquires Majority Stake in Juanita’s Foods

LOS ANGELES, CA, UNITED STATES, April 28, 2025 /⁨EINPresswire.com⁩/ -- Apex Capital, a private equity firm focused on investing in the consumer sector across the Americas, is pleased to announce the acquisition of a majority stake in Juanita’s …

Partner Real Estate Hosts Top Agents of the Month Luncheon to Celebrate Collaboration and Growth

MONROVIA, CA, UNITED STATES, April 28, 2025 /⁨EINPresswire.com⁩/ -- In a strong show of culture, collaboration, and community, Partner Real Estate hosted its monthly Top Agents of the Month Luncheon today at Domenico’s Italian Restaurant in …

Veripath releases its Q1 2025 NAVs showing consistent appreciation of farmland portfolios

CALGARY, ALBERTA, CANADA, April 28, 2025 /⁨EINPresswire.com⁩/ -- Veripath Farmland Partners (Veripath) is pleased to release its Q1 2025 NAVs showing its farmland portfolios continue to perform with strong returns and low volatility in an uncertain …

Zenith Group Advisors Reports Record Start to 2025

Record Q1 Performance Highlights Zenith’s Growth in Middle-Market Supply Chain Finance NEW YORK, NY, UNITED STATES, April 28, 2025 /⁨EINPresswire.com⁩/ -- Zenith Group Advisors has had its strongest start to the year since inception, launching …

AI Is Transforming Sales — Just Not the Way Most Sales Leaders Expect

New Program Helps Sales Leaders Leverage AI as Support, Not Replacement VANCOUVER, BC, CANADA, April 28, 2025 /⁨EINPresswire.com⁩/ -- As artificial intelligence tools flood the sales industry, a new collaborative program aims to shift the …

Ambassador Enterprises welcomes back Bob Vitoux as Chief Financial Officer

Mission-Driving Leader Returns to Help Build Enduring Impact FORT WAYNE, IN, UNITED STATES, April 28, 2025 /⁨EINPresswire.com⁩/ -- Ambassador Enterprises (AE), a legacy-minded enterprise investing for three returns—eternal, cultural, and financial …

Applied Energetics and Kord Technologies to Discuss the Future of Directed Energy in Exclusive Fireside Chat

Applied Energetics and Kord Technologies will explore their new strategic collaboration and the evolving landscape of directed energy and counter-drone defense. Applied Energetics (OTCQB:AERG) NEW YORK, NY, UNITED STATES, April 28, 2025 /⁨ …

Xenex Enterprises Inc. and PledgX Inc. Partner to Transform Surety Bond Underwriting with AI-Powered Insights

Xenex partners with PledgX to bring advanced AI to SuretyMasterBonds™, transforming risk analysis and WIP assessment in surety bond underwriting. TORONTO, ON, CANADA, April 23, 2025 /⁨EINPresswire.com⁩/ -- Xenex Enterprises Inc., a leader in …

New Jersey Startups Embrace IBN Technologies’ Accounting and Bookkeeping Services to Cut Costs and Stay Compliant

Optimize your New Jersey business operations with cost-saving accounting and bookkeeping services today. MIAMI, FL, UNITED STATES, April 28, 2025 /⁨EINPresswire.com⁩/ -- As the quarter progresses and small businesses prepare for financial …

California Businesses Embrace Accounting and Bookkeeping Services to Enhance Financial Efficiency with IBN Technologies

Streamline operations in California with expert accounting and bookkeeping services customized for growing startups. MIAMI, FL, UNITED STATES, April 28, 2025 /⁨EINPresswire.com⁩/ -- In the lead-up to the fiscal year's end, startups and SMEs …

IBN Technologies Expands Accounting and Bookkeeping Services to Help Florida SMEs Cut Costs and Improve Efficiency

Enhance growth in Florida startups through scalable accounting and bookkeeping services that cut overhead. MIAMI, FL, UNITED STATES, April 28, 2025 /⁨EINPresswire.com⁩/ -- As the financial year ends, startups across Florida are turning their …

Texas Startups Embrace Outsourced Accounting and Bookkeeping Services to Cut Costs

Texas SMEs can save big with outsourced accounting and bookkeeping services designed for long-term financial success. MIAMI, FL, UNITED STATES, April 28, 2025 /⁨EINPresswire.com⁩/ -- As the fiscal year-end approaches, small and medium-sized …

Safetica Named Winner of the Coveted Global InfoSec Awards during RSA Conference 2025

Safetica wins three Global InfoSec Awards at RSAC 2025 for excellence in insider threat detection, prevention, and data loss prevention. SAN FRANCISCO, CA, UNITED STATES, April 28, 2025 /⁨EINPresswire.com⁩/ -- Safetica is proud to announce we have …

Babylon Labs and Nexus Mutual Innovate in Bitcoin Cover Solutions

Nexus Mutual, the largest & most trusted crypto insurance alternative, is developing slashing protection cover specifically for stakers in Babylon's protocol LONDON, UNITED KINGDOM, April 28, 2025 /⁨EINPresswire.com⁩/ -- With billions of …

Balfour Capital Welcomes Amine El Aissaoui as Investment Advisor

Hedge Funds, Investments, Trading YVERDON-LES-BAINS, SWITZERLAND, April 28, 2025 /⁨EINPresswire.com⁩/ -- Balfour Capital Group Expands Investment Advisory Excellence with Appointment of Amine El Aissaoui Balfour Capital Group (BCG), a global …

Balfour Capital Welcomes Adeeb Almansour as Investment Advisor

Hedge Funds, Investments, Trading YVERDON-LES-BAINS, SWITZERLAND, April 28, 2025 /⁨EINPresswire.com⁩/ -- Balfour Capital Group Expands Global Advisory Team with Appointment of Adeeb Almansour Balfour Capital Group (BCG), a leading international …

Soluta Welcomes John Sugar as Vice President, Customer Success

AUSTIN, TX, UNITED STATES, April 28, 2025 /⁨EINPresswire.com⁩/ -- Soluta, a leading provider of automated billing, reconciliation, and payment processing services for employee benefit programs, is pleased to announce the appointment of John Sugar …

Chef with Local Ties Named to Lead the Kitchen at The Shoreline Hotel’s Restaurant, Cabana Anna’s

Josh Brown brings a wealth of experience to an eatery named after the owner’s late grandmother who was an inspiration to many SPRING PARK , MN, UNITED STATES, April 28, 2025 /⁨EINPresswire.com⁩/ -- The Shoreline Hotel and Cabana Anna’s Restaurant …

EY unveils Dr. Barry Patel & Dr. Wade Smith as finalists for Entrepreneur Of The Year® 2025 Southeast Award

EY US unveils Dr. Barry Patel and Dr. Wade Smith of Galt Companies as an Entrepreneur Of The Year® 2025 Southeast Award finalist ATLANTA, GA, UNITED STATES, April 28, 2025 /⁨EINPresswire.com⁩/ -- Ernst & Young LLP (EY US) announced the finalists for …