Business https://thephoenixnewspaper.com/table/news/business-finance/ Fri, 12 Dec 2025 06:31:12 +0000 The Phoenix Newspaper UK | Latest news in UK | Positive news | Inspiring The Next Generation en-gb Nigeria woos investors with incentives at London Expo https://thephoenixnewspaper.com/nigeria-woos-investors-with-incentives-at-london-expo https://thephoenixnewspaper.com/nigeria-woos-investors-with-incentives-at-london-expo

At the Resourcing Tomorrow Exhibition and Conference in London, Nigeria showcased a robust investment climate in its solid minerals sector, offering seamless profit transfers and duty-free import of mining machinery.

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Business & Finance Wed, 10 Dec 2025 12:12:15 +0000
Cabo Verde inaugurates major expansion of Cabeolica Wind Farm and Battery Storage, enabled by AFC's catalytic financing https://thephoenixnewspaper.com/cabo-verde-inaugurates-major-expansion-of-cabeolica-wind-farm-and-battery-storage-enabled-by-afc-s-catalytic-financing https://thephoenixnewspaper.com/cabo-verde-inaugurates-major-expansion-of-cabeolica-wind-farm-and-battery-storage-enabled-by-afc-s-catalytic-financing

Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, have announced the inauguration of the expanded Cabeolica Wind Farm and Battery Energy Storage System (BESS) in Cabo Verde- an achievement made possible through AFC’s catalytic €55million bridge financing provided in 2024.

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Business & Finance Tue, 09 Dec 2025 14:10:17 +0000
Covid fraud cost UK taxpayer £10.9 billion, reveals independent report https://thephoenixnewspaper.com/covid-fraud-cost-uk-taxpayer-%C2%A310.9-billion-reveals-independent-report https://thephoenixnewspaper.com/covid-fraud-cost-uk-taxpayer-%C2%A310.9-billion-reveals-independent-report

Taxpayers lost £10.9 billion to fraud and error as the previous government’s pandemic response left the front door open to fraud, an independent report just reveals.

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Business & Finance Tue, 09 Dec 2025 14:07:12 +0000
New ‘Ignite your Business’ programme to boost Wolverhampton start-ups https://thephoenixnewspaper.com/new-ignite-your-business-programme-to-boost-wolverhampton-start-ups https://thephoenixnewspaper.com/new-ignite-your-business-programme-to-boost-wolverhampton-start-ups

A new programme is being launched this week to give business start-ups in Wolverhampton free access to support to help them thrive and grow.

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Business & Finance Tue, 09 Dec 2025 14:03:53 +0000
Autumn Budget triggers widespread pension anxiety across West Midlands, new research reveals https://thephoenixnewspaper.com/autumn-budget-triggers-widespread-pension-anxiety-across-west-midlands-new-research-reveals https://thephoenixnewspaper.com/autumn-budget-triggers-widespread-pension-anxiety-across-west-midlands-new-research-reveals

New research from national law firm Shakespeare Martineau has found that this year’s Autumn Budget has sparked pension anxiety across the UK – with concern particularly pronounced in the West Midlands, where adults are more worried than the national average about declining tax efficiency and future savings growth.

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Business & Finance Mon, 08 Dec 2025 18:31:19 +0000
ADBG-funded fisheries programme impacts two million people, drives economic transformation in 16 SADC countries https://thephoenixnewspaper.com/adbg-funded-fisheries-programme-impacts-two-million-people-drives-economic-transformation-in-16-sadc-countries https://thephoenixnewspaper.com/adbg-funded-fisheries-programme-impacts-two-million-people-drives-economic-transformation-in-16-sadc-countries

A regional initiative that has overhauled aquatic resource management and boosted cross-border fish trade is now improving the lives of nearly three million people across Southern Africa —raising fish production, consumption, and incomes.

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Business & Finance Sat, 06 Dec 2025 11:01:53 +0000
Binance launches ‘Binance Junior’ crypto savings account for kids and teens https://thephoenixnewspaper.com/binance-launches-binance-junior-crypto-savings-account-for-kids-and-teens https://thephoenixnewspaper.com/binance-launches-binance-junior-crypto-savings-account-for-kids-and-teens

Binance have just announced the launch of Binance Junior, a new parent-controlled app and sub-account for kids and teens, ages 6-17, that offers parents a family-centric platform to build crypto wealth and savings, helping prepare their children for a digital financial future.

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Business & Finance Thu, 04 Dec 2025 11:05:56 +0000
Single mom of 3 turned luxury realtor launches VIP Luxury Car Service for Her clients https://thephoenixnewspaper.com/single-mom-of-3-turned-luxury-realtor-launches-vip-luxury-car-service-for-her-clients https://thephoenixnewspaper.com/single-mom-of-3-turned-luxury-realtor-launches-vip-luxury-car-service-for-her-clients

Merissa Alexander, a 35-year-old single mother of three, luxury real estate professional, and one of Chicago’s rising industry powerhouses, is raising the bar once again.

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Business & Finance Wed, 03 Dec 2025 19:21:07 +0000
SymPhysis Medical strengthens board with new chair and senior MedTech leaders https://thephoenixnewspaper.com/symphysis-medical-strengthens-board-with-new-chair-and-senior-medtech-leaders https://thephoenixnewspaper.com/symphysis-medical-strengthens-board-with-new-chair-and-senior-medtech-leaders

Galway based MedTech company SymPhysis Medical has appointed Barry McBride as non-executive chair of its board, succeeding outgoing chairperson Suzanne Ryan.

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Business & Finance Wed, 03 Dec 2025 19:17:49 +0000
FG Gold, AFC and Afreximbank achieve financial close on US$330m senior debt financing for Baomahun Gold Project https://thephoenixnewspaper.com/fg-gold-afc-and-afreximbank-achieve-financial-close-on-us$330m-senior-debt-financing-for-baomahun-gold-project https://thephoenixnewspaper.com/fg-gold-afc-and-afreximbank-achieve-financial-close-on-us$330m-senior-debt-financing-for-baomahun-gold-project

FG Gold Limited (“FG Gold”) is pleased to announce that it has achieved financial close and the first drawdown on its US$330 million Senior Debt Financing with Africa Finance Corporation (AFC) and the African Export-Import Bank (Afreximbank), for its Baomahun Gold Project, marking the development of Sierra Leone’s flagship large-scale commercial gold mine.

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Business & Finance Mon, 01 Dec 2025 15:18:40 +0000
DRC government and AfDB adopt plan to improve portfolio performance https://thephoenixnewspaper.com/drc-government-and-afdb-adopt-plan-to-improve-portfolio-performance https://thephoenixnewspaper.com/drc-government-and-afdb-adopt-plan-to-improve-portfolio-performance

Following a joint review, the government of the Democratic Republic of Congo (DRC) and the African Development Bank Group (AfDB) have approved a plan to improve the performance of the institution's project portfolio in the Central African country.

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Business & Finance Sun, 30 Nov 2025 19:21:14 +0000
Policybazaar launches seamless US Dollar investment options for NRIs through GIFT City https://thephoenixnewspaper.com/policybazaar-launches-seamless-us-dollar-investment-options-for-nris-through-gift-city https://thephoenixnewspaper.com/policybazaar-launches-seamless-us-dollar-investment-options-for-nris-through-gift-city

Policybazaar, one of India's largest online insurance platforms, announced a significant expansion of its global investment portfolio for Non-Resident Indians by enabling direct US dollar–based investments through GIFT City.

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Business & Finance Fri, 28 Nov 2025 12:09:57 +0000
Stakeholders respond to Chancellor’s Budget https://thephoenixnewspaper.com/stakeholders-respond-to-chancellors-budget https://thephoenixnewspaper.com/stakeholders-respond-to-chancellors-budget

In response to the recent Budget, Richard Walker, CEO of Iceland said: “This is a much needed shot in the arm for the high street. I’ve long argued for business rate reform, and at last we are seeing it.

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Business & Finance Thu, 27 Nov 2025 20:21:50 +0000
Minimum wage rise 'fantastic news for millions’ – GMB says https://thephoenixnewspaper.com/minimum-wage-rise-fantastic-news-for-millions-%E2%80%93-gmb-says https://thephoenixnewspaper.com/minimum-wage-rise-fantastic-news-for-millions-%E2%80%93-gmb-says

The GMB Union has responded to the National Minimum Wage and National Living Wage, announced by the Chancellor of the Exchequer.

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Business & Finance Wed, 26 Nov 2025 20:05:24 +0000
Chancellor announces increase to the National Living Wage and National Minimum Wage https://thephoenixnewspaper.com/minimum-wage-rise-fantastic-news-for-millions-%E2%80%93-gmb-says https://thephoenixnewspaper.com/minimum-wage-rise-fantastic-news-for-millions-%E2%80%93-gmb-says

In a video message posted today, the Chancellor of the Exchequer, Rachel Reeves said: “I know that the cost of living is still the number one issue for working people and that the economy isn't working well enough for those on the lowest incomes. 

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Business & Finance Wed, 26 Nov 2025 19:49:32 +0000
African Development Fund commits $14 million grant to scaling up climate resilience across the Sahel https://thephoenixnewspaper.com/african-development-fund-commits-$14-million-grant-to-scaling-up-climate-resilience-across-the-sahel https://thephoenixnewspaper.com/african-development-fund-commits-$14-million-grant-to-scaling-up-climate-resilience-across-the-sahel

The Board of Directors of the African Development Fund has approved a grant of $14.64 million to support Project 2 of the Programme to Strengthen Resilience to Food and Nutrition Insecurity in the Sahel (P2-P2RS) in Abidjan on 21 November 2025.

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Business & Finance Tue, 25 Nov 2025 15:03:47 +0000