Author: Reputation Poll

Following broad economic stagnation in 2023, better-than-expected growth at the start of 2024 and the ongoing reduction in inflation set the scene for a gradual expansion of activity over the forecast horizon. The European Commission’s Spring Forecast projects GDP growth in 2024 at 1.0% in the EU and 0.8% in the euro area. In 2025, GDP is forecast to accelerate to 1.6% in the EU and to 1.4% in the euro area. EU HICP inflation is expected to fall from 6.4% in 2023 to 2.7% in 2024 and 2.2% in 2025. In the euro area, it is projected to decelerate…

As Europe is preparing for the approaching wildfire season, the EU is taking significant steps to bolster firefighting efforts and safeguard communities, by pre-positioning firefighters and assembling a fleet of firefighting aircraft. First, 556 firefighters from 12 countries will be strategically prepositioned across key locations in Europe this summer, such as France, Greece, Portugal, and Spain, ready to help local fire brigades. This proactive measure enhances Europe’s readiness to combat wildfires and mitigate their devastating impact on lives, homes, and the environment, and underscores the robustness of EU solidarity in addressing such crises. Second, the EU has also assembled a…

Today, the European Commission has adopted an amendment to the State aid Temporary Crisis and Transition Framework (TCTF) to prolong by six months certain provisions of the Framework aimed to address persisting market disturbances specifically in the agriculture and fisheries sectors. On 11 April 2024, the Commission consulted Member States on the persistence of a serious disturbance of the economy affecting in particular the primary agricultural, fisheries and aquaculture sectors. The Commission has also taken note of the European Council’s conclusions of 17 and 18 April 2024 on the importance of a resilient and sustainable agricultural sector for food security…

Rothschild & Co’s UK Wealth Management business has appointed Fernanda Rosset as Head of High Net Worth (HNW) Wealth Management. Fernanda joined Rothschild & Co as a Managing Director and Head of Client Strategy for the UK Wealth Management business in September 2022. In this newly created role, she will focus on further developing services to support the needs of HNW clients, particularly those who are still building their wealth. “This new role has been developed in response to significant industry trends identified through my previous client strategy role,” explains Fernanda Rosset, Head of HNW Wealth Management UK, Rothschild & Co. “We are…

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PARIS, France, April 4, 2024/ — ENGIE Energy Access (EEA) Head of Funding Marie Testard will discuss unlocking clean energy finance at the Invest in African Energy (IAE) forum, taking place in Paris this May. EEA represents the leading mini-grid and off-grid Pay-As-You-Go solar energy company in Africa, committed to raising electrification rates across the continent. In Nigeria, the company is developing a $60-million mini-grid project with financing from CrossBoundary Energy Access – the largest mini-grid project finance transaction in Africa — connecting over 150,000 people and set to be completed by 2026. Last October, the two companies signed an…

The partnership with Sterling Bank is a unique and innovative arrangement which leverages the complementary strengths of both institutions to provide a comprehensive market-led solution to Nigerian corporates. CAIRO, Egypt, April 4, 2024/ — African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has partnered with Sterling Bank to introduce the innovative supply chain finance product ‘Payables Finance’, in Nigeria. This product, branded as ‘Afreximbank Tradelink,’ is one of Afreximbank’s digital offerings under the umbrella of the Africa Trade Gateway (ATG). ATG provides African corporates and commercial banks with relevant digital tools to access market information, connect with buyers and sellers across the continent for…