Newshttps://thephoenixnewspaper.com/table/news/business-finance/feed/atom/2026-05-25T05:02:50+01:00Phoenix NewspaperThe Phoenix Newspaper UK | Latest news in UK | Positive news | Inspiring The Next GenerationAfreximbank and Ecobank finance SMEs to boost Zimbabwe’s economy2026-05-21T07:58:42+01:002026-05-21T07:58:42+01:00https://thephoenixnewspaper.com/afreximbank-and-ecobank-finance-smes-to-boost-zimbabwes-economySuper User<p><img src="https://thephoenixnewspaper.com/images/BIZ_-_Afreximbank_and_Ecobank_finance_SMEs_to_boost_Zimbabwes_economy.png" /></p><p>African Export‑Import Bank (Afreximbank) has extended a USD 15 million SME Finance Facility to Ecobank Zimbabwe Limited under its Export SME Development Programme (ESDP).</p>
<p><img src="https://thephoenixnewspaper.com/images/BIZ_-_Afreximbank_and_Ecobank_finance_SMEs_to_boost_Zimbabwes_economy.png" /></p><p>African Export‑Import Bank (Afreximbank) has extended a USD 15 million SME Finance Facility to Ecobank Zimbabwe Limited under its Export SME Development Programme (ESDP).</p>
Cost of living boost with free bus travel for children and targeted food tariff cuts2026-05-21T07:55:43+01:002026-05-21T07:55:43+01:00https://thephoenixnewspaper.com/cost-of-living-boost-with-free-bus-travel-for-children-and-targeted-food-tariff-cutsSuper User<p><img src="https://thephoenixnewspaper.com/images/BIZ_-_Cost_of_living_boost_with_free_bus_travel_for_children_and_targeted_food_tariff_cuts.jpg" /></p><p>Families travelling this summer will benefit from free bus travel for children as the Chancellor ramps up efforts to help with the cost of living.</p>
<p><img src="https://thephoenixnewspaper.com/images/BIZ_-_Cost_of_living_boost_with_free_bus_travel_for_children_and_targeted_food_tariff_cuts.jpg" /></p><p>Families travelling this summer will benefit from free bus travel for children as the Chancellor ramps up efforts to help with the cost of living.</p>
Jamaica set $200m catastrophe bond figure by World Bank2026-05-19T22:36:27+01:002026-05-19T22:36:27+01:00https://thephoenixnewspaper.com/jamaica-set-$200m-catastrophe-bond-figure-by-world-bankSuper User<p><img src="https://thephoenixnewspaper.com/images/BIZ_-_Jamaica_set_200m_catastrophe_bond_figure_by_World_Bank.png" /></p><p>The World Bank has priced a new catastrophe bond designed to help Jamaica cope with the threat of hurricanes.</p>
<p><img src="https://thephoenixnewspaper.com/images/BIZ_-_Jamaica_set_200m_catastrophe_bond_figure_by_World_Bank.png" /></p><p>The World Bank has priced a new catastrophe bond designed to help Jamaica cope with the threat of hurricanes.</p>
AFC commits $100M to power Africa’s digital growth2026-05-18T19:41:55+01:002026-05-18T19:41:55+01:00https://thephoenixnewspaper.com/afc-commits-$100m-to-power-africas-digital-growthSuper User<p><img src="https://thephoenixnewspaper.com/images/1-123download.jpg" /></p><p>Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, have announced that its Board has approved a commitment of up to US$100 million to invest in Africa-focused technology fund managers.</p>
<p><img src="https://thephoenixnewspaper.com/images/1-123download.jpg" /></p><p>Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, have announced that its Board has approved a commitment of up to US$100 million to invest in Africa-focused technology fund managers.</p>
More cost-of-living help coming as Reeves heads to G7 to coordinate war response2026-05-17T17:17:33+01:002026-05-17T17:17:33+01:00https://thephoenixnewspaper.com/more-cost-of-living-help-coming-as-reeves-heads-to-g7-to-coordinate-war-responseSuper User<p><img src="https://thephoenixnewspaper.com/images/BIZ_-_More_cost_of_living_help_coming_as_Reeves_heads_to_G7_to_coordinate_war_response.png" /></p><p>The Chancellor travels to Paris to meet G7 finance ministers and central bankers – the first Chancellor visit to Paris since Brexit.</p>
<p><img src="https://thephoenixnewspaper.com/images/BIZ_-_More_cost_of_living_help_coming_as_Reeves_heads_to_G7_to_coordinate_war_response.png" /></p><p>The Chancellor travels to Paris to meet G7 finance ministers and central bankers – the first Chancellor visit to Paris since Brexit.</p>
West Africa set for investment boost via BOAD-IFC deal2026-05-17T17:14:28+01:002026-05-17T17:14:28+01:00https://thephoenixnewspaper.com/west-africa-set-for-investment-boost-via-boad-ifc-dealSuper User<p><img src="https://thephoenixnewspaper.com/images/BIZ_-_West_Africa_set_for_investment_boost_via_BOAD-IFC_deal1.jpg" /></p><p>To help boost local currency financing, private sector growth, and job creation across the West African Economic and Monetary Union (WAEMU), the West African Development Bank (BOAD) and the International Finance Crporation (IFC), a member of the World Bank Group, announced the signing of two reciprocal financing facilities for an aggregate amount of up to EUR 600 million in euro (EUR) and West African CFA franc (XOF).</p>
<p><img src="https://thephoenixnewspaper.com/images/BIZ_-_West_Africa_set_for_investment_boost_via_BOAD-IFC_deal1.jpg" /></p><p>To help boost local currency financing, private sector growth, and job creation across the West African Economic and Monetary Union (WAEMU), the West African Development Bank (BOAD) and the International Finance Crporation (IFC), a member of the World Bank Group, announced the signing of two reciprocal financing facilities for an aggregate amount of up to EUR 600 million in euro (EUR) and West African CFA franc (XOF).</p>