News https://thephoenixnewspaper.com/table/news/business-finance/feed/atom/ 2026-05-25T05:02:50+01:00 Phoenix Newspaper The Phoenix Newspaper UK | Latest news in UK | Positive news | Inspiring The Next Generation Afreximbank and Ecobank finance SMEs to boost Zimbabwe’s economy 2026-05-21T07:58:42+01:00 2026-05-21T07:58:42+01:00 https://thephoenixnewspaper.com/afreximbank-and-ecobank-finance-smes-to-boost-zimbabwes-economy Super 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 cuts 2026-05-21T07:55:43+01:00 2026-05-21T07:55:43+01:00 https://thephoenixnewspaper.com/cost-of-living-boost-with-free-bus-travel-for-children-and-targeted-food-tariff-cuts Super 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&nbsp;travelling&nbsp;this summer&nbsp;will&nbsp;benefit&nbsp;from free&nbsp;bus&nbsp;travel for&nbsp;children&nbsp;as the&nbsp;Chancellor&nbsp;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&nbsp;travelling&nbsp;this summer&nbsp;will&nbsp;benefit&nbsp;from free&nbsp;bus&nbsp;travel for&nbsp;children&nbsp;as the&nbsp;Chancellor&nbsp;ramps up efforts to help with the cost of living.</p> Jamaica set $200m catastrophe bond figure by World Bank 2026-05-19T22:36:27+01:00 2026-05-19T22:36:27+01:00 https://thephoenixnewspaper.com/jamaica-set-$200m-catastrophe-bond-figure-by-world-bank Super 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 growth 2026-05-18T19:41:55+01:00 2026-05-18T19:41:55+01:00 https://thephoenixnewspaper.com/afc-commits-$100m-to-power-africas-digital-growth Super 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 response 2026-05-17T17:17:33+01:00 2026-05-17T17:17:33+01:00 https://thephoenixnewspaper.com/more-cost-of-living-help-coming-as-reeves-heads-to-g7-to-coordinate-war-response Super 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 deal 2026-05-17T17:14:28+01:00 2026-05-17T17:14:28+01:00 https://thephoenixnewspaper.com/west-africa-set-for-investment-boost-via-boad-ifc-deal Super 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>