The Global Sustainable Finance Conference (GSFC) 2023, which took place in Germany from 6 to 7 July 2023, marked a significant milestone in Sri Lanka’s journey towards establishing a new and sustainable economy. The conference brought together esteemed institutions from Sri Lanka, specifically representing the banking sector with Hatton National Bank (HNB) PLC and SANASA […]
PETER DANIEL ONIMISI (Ph.D.) The percentage of Africa’s debt to GDP has been steadily increasing in recent years, exacerbated by the fact that the increase in borrowing has not been matched by an increase in revenue. The total amount of external debt held by governmental and private sector organizations in Africa exceeded US$1 trillion in
The Finance in Common’ Coalition for Social Investment, to which the Latin America Association for Financial Development Institutions (ALIDE) is a key member, held a webinar for representatives of Public Development Banks (PDB) in Latin-American and the Caribbean (LAC) and globally, to discuss the role that PDBs can play, in terms of developing an efficient
Webinar on Social Investment in Latin America and the Caribbean Read More »
PETER DANIEL ONIMISI (Ph.D.) Introduction The last ten years have seen a gradual growth in interest in alternative business models that balance environmental, financial, and social outcomes in light of the ongoing global concerns of environmental degradation, inequality, poverty, and social injustice. The Equator Principles (EP), formulated in June 2003, laid a robust premise for
Adopting Sustainable Business Model in DFIs’ Read More »
Could you give us an overview of the Fund and its activities?
FAGACE, a pioneer in the field of bank guarantees in Africa, is an international financial institution that specialises in the promotion of public and private investments. For more than 45 years, it has been working for the economic and social development of its 14 member states facilitating access and financing small and medium enterprises (SMEs).
FAGACE: A force for solutions in the African financial ecosystem Read More »
The most developed economy in Africa is grappling with a severe energy crisis that is endangering not only the economy and food supplies but also the lives of millions of people…
Energy crises in African most developed economy: what can DFIs do? Read More »
Housing Finance Bank has officially kicked off the journey towards becoming a sustainability–certified bank in an event held at their head offices in Kololo. The certification awarded by Sustainability Standards and Certification (SSCI) is given after a comprehensive evaluation of the banks’ environmental, social, and governance (ESG) practices. Acquisition of the certification will provide a
Housing Finance embarks on becoming a sustainability certified bank Read More »
As environmental, social and governance issues come to the core of corporate governance and performance metrics in the corporate world globally, Post Bank Uganda, Housing Finance Bank and Bank of Uganda have taken a step to entrench these values in their operations. This was revealed at the recent launch of the Sustainability Certification Process for
Post Bank and other state owned banks take on sustainability certification Read More »
PostBank Uganda, a financial institution that is committed to empowering lives and transforming livelihoods, has today, been enlisted in the Sustainability Standards and Certification Initiative (SSCI) during the launch of the Sustainability Certification Process by Bank of Uganda (BoU) together with the Ministry of Finance, Planning and Economic Development (MOFPED) and the European Organization for
PostBank Enlisted in the Sustainability Standards and Certification Initiative Read More »
By Moses Oketayot The Minister of Finance, Planning and Economic Development Matia Kasaija has urged the banking industry to create sustainable solutions that promote socio-economic development of people and the country as a whole. “Let us seek solutions for everyone. We must work to ensure that we leave no one behind, as the saying goes
