EMGA conseille un financement par emprunt de 200 millions USD pour BTG Pactual avec JICA

LONDRES, 11 mars 2022 (GLOBE NEWSWIRE) — Emerging Markets Global Advisory Limited (EMGA), la banque d’investissement de niche axée sur les marchés émergents, annonce aujourd’hui une autre transaction phare de levée de capitaux de premier rang qui permettra à BTG Pactual de poursuivre l’expansion de ses activités de prêt aux petites et moyennes entreprises (PME) au Brésil.

La facilité d’emprunt de 200 millions USD a été fournie par JICA et la transaction fait suite à deux précédentes facilités financées par DFI, de 140 millions USD et 300 millions USD respectivement, qu’EMGA avait également conseillées.

Un porte-parole de JICA a déclaré : « Grâce au soutien d’EMGA, nous allons collaborer avec Banco BTG Pactual S.A. afin combler le déficit de financement des PME au Brésil. BTG Pactual est l’une des premières à introduire des plateformes numériques offrant des solutions financières aux entreprises de tout le pays. Avec ses plateformes numériques facilement disponibles pour soutenir les opérations de prêt, Banco BTG Pactual S.A. peut accorder efficacement des crédits aux régions du Nord et du Nord-Est, où seul un nombre limité d’institutions financières opèrent activement pour servir les entreprises à l’heure actuelle. »

Sajeev Chakkalakal, directeur général et directeur des banques d’investissement chez EMGA, a déclaré : « C’était un réel plaisir d’aider à nouveau l’équipe de BTG en conseillant cette facilité supplémentaire visant à financer le portefeuille de prêts aux petites et moyennes entreprises de BTG à travers le Brésil. JICA est un partenaire important d’EMGA et sa position d’institution prééminente de financement du développement offre également une nouvelle source stratégique de financement à long terme pour BTG. »

Jeremy Dobson, directeur général et responsable du développement commercial chez EMGA, a ajouté : « Notre équipe est ravie d’avoir à nouveau agi en tant que conseiller de BTG et se réjouit de la poursuite de son succès. »

BTG Pactual : BTG est la plus grande banque d’investissement d’Amérique latine, la 6e plus grande banque du Brésil en termes de capitaux propres et un acteur clé dans l’octroi de prêts et de garanties à un large éventail de clients, des PME aux grandes entreprises. BTG faire figure de pionnier dans la promotion de la finance relative au climat au Brésil et joue un rôle central dans l’affectation des ressources à des projets ayant un impact positif au sein de la communauté.

JICA : l’Agence japonaise de coopération internationale est une agence gouvernementale qui fournit la majeure partie de l’aide publique au développement pour le gouvernement japonais. Elle est chargée de soutenir la croissance économique et sociale dans les pays en développement et de promouvoir la coopération internationale.

Emerging Markets Global Advisory Limited (EMGA), avec des bureaux à Londres et à New York, aide les institutions financières et les entreprises à trouver des capitaux propres ou d’emprunt. L’équipe multinationale d’EMGA combine les décennies d’expérience nécessaires pour effectuer des transactions au nom de ses clients au sein des marchés émergents et des économies frontalières du monde entier, y compris le Brésil, qui reste un marché clé. Forte d’une expérience éprouvée dans la formation de capital et le conseil stratégique tout au long de divers cycles économiques, EMGA continue d’étendre sa portée géographique et son offre de services, consolidant sa place sur le marché en tant que l’une des banques d’investissement de niche prédominantes sur les marchés émergents.

Contact info@emergingmarketsglobaladvisory.com

EMGA assessora novo financiamento de US$ 200 milhões do BTG Pactual junto à JICA

LONDRES, March 11, 2022 (GLOBE NEWSWIRE) — O Emerging Markets Global Advisory Limited (EMGA), banco de investimento de nicho focado em mercados emergentes, anuncia hoje outra importante transação de aumento de capital de dívida sênior que permitirá ao BTG Pactual continuar a expansão de suas atividades de empréstimos para pequenas e médias empresas (PME) no Brasil.

A linha de crédito de US$ 200 milhões foi fornecida pela JICA e a transação vem na sequência de duas linhas anteriores financiadas por DFI de US$ 140 milhões e US$ 300 milhões, respectivamente, que o EMGA também havia assessorado.

Um porta-voz da JICA disse: “Graças ao apoio do EMGA, formaremos parceria com o Banco BTG Pactual S.A. abordando a lacuna de financiamento para MPMEs no Brasil. O BTG Pactual está entre os primeiros a lançar plataformas digitais que oferecem soluções financeiras para empresas em todo o país. Com suas plataformas digitais prontamente disponíveis para apoiar a operação de crédito, o Banco BTG Pactual S.A. pode estender créditos com eficiência para as regiões Nordeste e Norte, onde apenas um número limitado de instituições financeiras está operando ativamente para atender os negócios neste momento.”

Sajeev Chakkalakal, diretor administrativo e chefe de investimento bancário da EMGA, disse: “Foi um verdadeiro prazer ajudar a equipe do BTG novamente, aconselhando sobre esta facilidade adicional destinada a financiar a carteira de empréstimos para pequenas e médias empresas do BTG em todo o Brasil. A JICA é um importante parceiro do EMGA e sua posição como uma instituição financeira de desenvolvimento proeminente também oferece outra nova fonte de financiamento estratégico de longo prazo para o BTG.”

Jeremy Dobson, diretor administrativo e chefe de desenvolvimento comercial da EMGA, acrescentou: “Nossa equipe está muito satisfeita por ter atuado novamente como consultora do BTG e esperamos seu sucesso contínuo”.

BTG Pactual: O BTG é o maior banco de investimentos da América Latina, o 6º maior banco do Brasil por patrimônio líquido e um player-chave na concessão de empréstimos e garantias a um amplo conjunto de clientes, de PMEs a grandes corporações. O BTG é pioneiro na promoção do financiamento climático no Brasil e desempenha um papel fundamental na canalização de recursos para projetos com impacto positivo na comunidade.

JICA: A Agência de Cooperação Internacional do Japão é uma agência governamental que fornece a maior parte da Assistência Oficial ao Desenvolvimento para o governo do Japão. Tem como objetivo auxiliar o crescimento econômico e social nos países em desenvolvimento e promover a cooperação internacional.

O Emerging Markets Global Advisory Limited (EMGA), com escritórios em Londres e Nova York, ajuda instituições financeiras e empresas que procuram capitalização ou capital acionário. A equipe multinacional do EMGA combina as décadas de experiência necessárias para concluir transações em nome de seus clientes nos mercados emergentes e em economias de fronteira em todo o mundo, inclusive no Brasil, que continua sendo um mercado-chave. Com um histórico comprovado na formação de capital e consultoria estratégica em diferentes ciclos econômicos, o EMGA continua a expandir seu alcance geográfico e oferta de serviços, solidificando sua posição no mercado como um dos principais bancos de investimento no setor de mercados emergentes.

Contato info@emergingmarketsglobaladvisory.com

Manchester City annonce son partenariat officiel avec la bourse de cryptomonnaies OKX

OKX devient le partenaire officiel de Manchester City dans le domaine des cryptomonnaies

  • Manchester City et OKX ont annoncé aujourd’hui un nouveau partenariat pluriannuel
  • Ce partenariat concernera les équipes masculines et féminines de Manchester City, en plus des activités d’e-sport du club

VICTORIA, Seychelles, 11 mars 2022 (GLOBE NEWSWIRE) — Manchester City, vainqueur de la Premier League, a annoncé aujourd’hui un partenariat mondial avec la deuxième plus grande bourse de cryptomonnaies au monde, OKX, en la nommant Official Cryptocurrency Exchange Partner (Partenaire officiel dans le domaine des cryptomonnaies) du club.

Première incursion d’OKX dans l’univers du sport et du divertissement, ce partenariat concernera les équipes masculines et féminines de Manchester City, en plus des activités d’e-sport du club.

Manchester City signe avec le partenaire OKX dans le domaine des cryptomonnaies

La bourse de cryptomonnaies rapide, sécurisée et innovante d’OKX est utilisée par plus de 20 millions d’utilisateurs fidèles sur plus de 180 marchés pour découvrir la puissance des cryptomonnaies.

OKX et Manchester City partage des valeurs d’innovation continue, de développement des talents et d’avancées technologiques – un partenariat clé entre les deux organisations.

Les nouveaux partenaires collaboreront sur un certain nombre d’expériences exclusives pour la clientèle mondiale d’OKX, en plus d’une présence dans les stades Etihad stadium et Academy Stadium. Les nouveaux partenaires chercheront également à explorer ensemble de futurs projets d’innovation.

Roel De Vries, directeur de l’exploitation de City Football Group, a déclaré : « Nous sommes ravis d’accueillir OKX en tant que partenaire officiel de Manchester City aujourd’hui alors qu’ils cherchent à s’aventurer dans le monde du sport. Le nouveau partenariat réunit nos valeurs communes visant à innover, promouvoir la réussite et être à la pointe de nos secteurs respectifs. Leur approche vaste et inclusive pour cibler différents publics correspond à notre approche. Nous sommes impatients de travailler ensemble tout au long du partenariat. »

Stade de Manchester City

« Nous sommes ravis de travailler en partenariat avec Manchester City, l’une des équipes les plus appréciées et les plus prospères au monde. Le football et les cryptomonnaies partagent quelque chose d’important : ils s’adressent à tout le monde, ils créent une inclusivité au sein de la société. Pour OKX, Manchester City est un club qui illustre la capacité du football à faire une différence positive dans la vie des gens, pour réunir les gens autour de l’amour commun du beau jeu. Pour la première fois, nous entrons dans la Premier League en tant que partenaire officiel dans le domaine des cryptomonnaies de Manchester City pour célébrer cet esprit communautaire dans le monde du football parce que c’est quelque chose que nous partageons tous les deux », a déclaré Jay Hao, PDG d’OKX.

Les photos accompagnant cette annonce sont disponibles sur

https://www.globenewswire.com/NewsRoom/AttachmentNg/99b1c268-b437-430e-a504-cf4d276df83a/fr

https://www.globenewswire.com/NewsRoom/AttachmentNg/d63580c8-9c47-4baa-a5ea-93d724c69409/fr

https://www.globenewswire.com/NewsRoom/AttachmentNg/2c7534e4-7252-4896-bc5a-f94f1ec6f423/fr

Richard Kay
richard.kay@okx.com

Kenya lifts remaining Covid-19 restrictions

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TDPel Media

Kenya lifted its remaining Covid-19 restrictions on Friday, including a ban on large indoor gatherings such as religious services and a requirement to present a negative Covid-19 test for arriving air passengers. Though Kenyans should continue heeding public health measures such as handwashing and social distancing, face masks are no longer mandatory in public and all quarantine measures for confirmed Covid-19 cases are halted with immediate effect, Health Minister Mutahi Kagwe told a news conference. For the past month the East African country’s Covid-19 test positivity rate has remained belo… Continue reading “Kenya lifts remaining Covid-19 restrictions”

Flapmax and Microsoft Announce First Cohort of African Startups Selected for the FAST Digital Transformation Program

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TDPel Media

Flapmax (www.Flapmax.com) announced today the twelve companies selected for the first cohort of the FAST startup accelerator (www.FASTaccelerator.com), created to help strengthen and scale Africa’s digital ecosystem. In partnership with Microsoft, Flapmax’s twelve-week startup accelerator begins March 21st. The diverse class of entrepreneurs come from 6 different countries, serve 9 industries, and include 2 female founders. More than 800 applications from 25 countries in Africa were received for the first FAST accelerator cohort. The countries with the most applicants included Nigeria, Kenya, … Continue reading “Flapmax and Microsoft Announce First Cohort of African Startups Selected for the FAST Digital Transformation Program”

No wearing of masks as normalcy resumes, after government lifts COVID-19 restrictions

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TDPel Media

NAIROBI, Kenya, Mar 11 – The government has lifted the mandatory wearing of facemasks in open places even as it further eased the COVID-19 restrictions after the country maintained a low positivity rate. Health Cabinet Secretary Mutahi Kagwe who made the announcement said Kenyans are now free to walk without face masks in public. Kagwe said there will be no temperature screening in public spaces, but instead recommended increased sanitation and hygiene awareness. The end to the restrictions will also see full resumption of sporting activities on condition that participants are fully vaccinated… Continue reading “No wearing of masks as normalcy resumes, after government lifts COVID-19 restrictions”

The national government has bought 14 buses worth Sh93 million to boost the Competency Based Curriculum (CBC) in secondary schools in Rangwe Constituency. The project, funded by the National Government Constituency Development Fund (NG-CDF) is aimed at uplifting academic standards of secondary schools in the area. Rangwe legislator Lilian Gogo, who distributed the buses, said the 14 schools will each receive a bus. Some of the benefiting secondary schools are Odienya, Ang’iro, Achego, Chiepe, Rachar Girls, Koyoo, Got Marera, Aoch Muga among others. The legislator delivered the buses at the chief’s camps near each school. This followed a directive by the government banning functions in schools which are not related to the ongoing exams. The buses were received by the management of the respective schools. Dr Gogo said the buses will be used to facilitate the rolling out of the CBC in secondary schools next year. The MP said CBC requires practical learning hence the buses will help students undertake academic trips in various places. “It is important to be proactive in strategies for implementing development projects. It is said that seeing is believing hence we are creating conducive atmosphere for students to learn based on practical activities,” Gogo said. The buses will also be used for curricular activities such as sports and music festivals. She argued that the buses should also be used for carrying students on special occasions when they are going back home. “We want school managers to use the buses in transporting students during closing and opening days to prevent our girls from overreliance on bodaboda operators for transport,” Gogo said. She argued that overreliance on bodaboda by school girls leads to violation of the minor’s rights. The MP said the buses were fully funded by the NG-CDF and urged the schools’ head teachers to take good care of the vehicles. Parents appreciated the project saying it had relieved them from parting with fees for buying school buses. “The school where my son learns has been planning to buy a bus that was to be funded by parents but I am happy that we are not going to pay the money because we already have one,” Jane Akinyi, parent. Source: Kenya News Agency

Battered by erratic weather patterns coupled with decreasing and delayed rainfall, hundreds of farmers in Mwithiga Village in Lare Ward Njoro Sub-County are switching to beekeeping as an alternative source of livelihood that is less vulnerable to climate change.
According to Robert Gacheche, Chairman to Lare Beekeepers Association, an umbrella body that brings together 38 Farmer Interest Groups, many of the arid and semi-arid parts of the Sub- County have huge potential for the production of hive products.
However existing beekeeping technologies are not suitable in a changing climate of increased temperatures and low moisture situations.
He says household incomes in Lare Ward were increasing following a joint venture between the National Agricultural and Rural Inclusive Growth Project (NARIGP) and County Government of Nakuru to train beekeepers in the region on modern honey production methods, value addition and proper agronomical practices that are enabling farmers to yield honey products that comply with the accepted chemical residue level limits.
The National Government has also donated 35 hives (Kenya top bar hives and Langstroth hives) which can produce 20 to 30 kilogrammes of honey per hive, modern equipment including plastic and stainless-steel honey extractors, wax press, wax embossing machines, bee suits, hive tools, decapping knives, forks and distilling tanks to bee keeping groups in Njoro Sub County.
Gacheche reveals that through the partnership, research institutions and state agencies have also trained over 200 volunteer bee keeping extension officers on different pests, beehive hygienic standards and diseases.
“After the short term training the volunteer extension officers are deployed to their communities to conduct a range of community capacity building and enhancement activities such as training on beekeeping technologies, provision of extension services including on-site training, monitoring, inspection, harvesting, mentoring, quality control, marketing and record keeping,” states Gacheche.
He adds, “We have also learnt that in addition to producing honey, bees play an important role as pollinators of crops, pastures and trees, thus contributing to food security, environmental conservation and availability of carbon sink contributing to climate change adaptation.”
The joint deal has also facilitated the smallholder bee farmers within the devolved unit to get access to affordable agricultural inputs, improved high yielding and disease tolerant bee breeds and market linkages.
In the partnership, NARIGP and the County Government of Nakuru have inked deals with various financial institutions and cooperative societies aimed at offering training and affordable financing to beekeepers within Njoro Sub-County.
According to County NARIGP Agronomist Ms Jennifer Bett, Lare Beekeepers Association has received Sh500, 000 to upscale its operations.
She explains that beekeepers in the sub-county have been equipped with skills on online marketing opportunities, record keeping, productivity and quality management, business registration and legal issues among others. The bee farmers are also being trained on maintaining books of account and making tax returns.
The program also has an agribusiness component mainly targeting women and youth encouraging them to take up a leading role in co-operative management and also embrace agriculture as a way of employment.
“Most small scale beekeepers incorporated into the initiative have been adversely affected by Covid-19 economic aftershocks yet affordable financing remains a challenge due to high interests offered. NARIGP and the County Government have been engaging financial institutions to realign their programs to enable our farmers adapt to the new reality caused by Covid-19 pandemic,” adds Bett.
She says that lack of sufficient collateral, high cost of credit, and informal business structure had rendered most small-scale poultry farmers ineligible for financing, a situation Bett points out had been worsened by the Covid-19 pandemic.
Bett emphasizes that one of the core objectives of the project is to secure more markets for Kenya’s honey products exports to the United Kingdom by improving competence in the bee keeping sub sector.
“The training tightened strict adherence to food safety regulations, export rules and regulations and conformity by beekeepers as a way of securing regional and international export markets. As we do this, the National Government through the Kenya Livestock Commercialization Program (KLCP) has been organizing farmers into groups to keep at bay unscrupulous brokers and unlock the unexploited potential that can be realized from sale of their products that include; Honey, Wax, Pollen, Propolis, Royal Jelly, and Bee Venom,” she offers.
Bett says the NARIGP has incorporated a component of public awareness education towards protecting bee colonies and sustainable agricultural practices aimed at protecting the important sub sector. Under the drive over 25,000 seedlings of indigenous trees that are vital for honey production have been planted in various farms in the region.
She singles out drought, coupled with decline in bee populations, deforestation and poor farming practices as key factors causing a decline in honey production in the country.
She adds that new pests and diseases and indiscriminate use of farm pesticides have hit bee colonies, making beekeeping a decidedly less sweet venture for farmers.
According to a report compiled by Kenya Agricultural and Livestock Research Organization (KALRO), the country produces about 11,000 metric tonnes of honey and 1 to 3 tonnes of beeswax annually.
This, the report indicates, is about 20 percent of Kenya’s potential and the low production is attributed to lack of appropriate technologies, poor beekeeping practices, and low uptake of improved technologies, poor policy guidelines and marketing skills.
A survey by Kenya National Farmers Information Service, indicates that about 80 percent of Kenya’s honey comes from arid and semi-arid lands. It indicates that 80 per cent of this honey comes from log hives, which yield far too little to boost incomes.
Bett notes that the importance of bees in the lives of humans is always underestimated and enough is not being done to protect the insects.
“Bees are critical in providing pollination to crops, therefore, without them, we would not have food. Seventy-five percent of all crops grown for food rely on pollinators, mostly honeybees, for a successful harvest. Without pollination from honeybees, many fruits and vegetables will not be on our grocery shelves.
She adds, “We are working with devolved units to reverse the worrying trend of bee colony decline. Initiatives aimed at bee colony multiplication include capacity building, provision of bee keeping equipment and bee bulking. In Nakuru County we have teamed up with 200 beekeepers.”
To Ms Pauline Mbote, a Member of Lare Bee Keepers Association, participation of women in the subsector, adding value to produce, awareness and information on markets, and linkages with the private sector, are all factors with potential to sustain growth of the value chain in the bee farming sub sector.
We now have women who are so serious into the business that they have formed groups and bought all the honey harvesting equipment such as the centrifuge machine for extracting honey, a bee suit, honey strainers, the uncapping forks and tanks and the bottling buckets,” she explains.
Mbote says use of modern Langstroth hives was gaining currency among beekeepers as they were easier to maintain and yield cleaner honey compared to others because of their design, which ensures honey does not mix with the larvae.
“Smallholder farmers have focused on the production and marketing of honey and beeswax. Other bee products for which there is high potential market demand – such as propolis and venom – are not currently being considered due to lack of technology and skills.
“The project has undertaken market assessments and feasibility studies on bee products, developed new market strategies to promote the producers’ own brand and facilitated market opportunities for bee products,” Ms Mbote adds.
Mbote identifies key issues affecting beekeepers as lack of standardized prices, competition from neighbouring countries and exploitation by brokers among others.
Njoro Sub-County Agribusiness Officer Hussein Misango, says there was a need to boost honey production in the country to sustain the growing demand.
He hails both levels of government for committing resources to forums that promote bee keeping as an alternative way of making money as climate change brings harsher weather.
“We will need to build capacity for all stakeholders and encourage bee farming as a way of boosting food security and enhancing economic empowerment especially in rural areas. We are committed to rescuing farmers from poor markets by helping them harvest quality produce through training programs in beekeeping areas.
This should be coupled with planting a diversity of plants and indigenous trees in beekeeping areas, preventing deforestation and adopting farming practices that avoid the use of pesticides during the flowering period,” says Misango.
The County administration, he affirms, is on the forefront in promoting planting of a diversity of plants and indigenous trees in beekeeping areas, preventing deforestation and adopting farming practices that avoid the use of pesticides during the flowering period.
He lauds the national government for subsidizing the cost of raw materials used in the making of beekeeping apparatus such as Langstroth hives, Kenya Top Bar Hive, Smokers and Bee suits among others.
Misango further hails the Ministry of Agriculture, Livestock and Fisheries for imparting technical skills to youth and women groups that has enabled them to manufacture the equipment at an affordable cost.

Source: Kenya News Agency

Kenya Lifts COVID-19 Restrictions

NAIROBI, KENYA — Kenya has lifted COVID-19 prevention measures, including wearing face masks in public and restrictions on gatherings, after sustaining a less than one percent positivity case rate.

Announcing the lifting of the measures Friday, Kenya’s health minister, Mutahi Kagwe, said that, among other provisions, people are exempted from wearing a face mask in public.

“There has been a lot of debate and discussions on the continued use of facemasks as one of the containment measures. The mandatory wearing of facemasks in open public spaces is now lifted,” Kagwe said.

Like the rest of the world, Kenya imposed mandatory mask-wearing in early 2021 to combat the spread of the novel coronavirus. Failure to wear a mask came with a fine of up to $200.

The ministry urged the public Friday to continue hand washing and the use of hand sanitizers to curtail the spread of the virus within the community.

Kagwe called on people to maintain their distance from others and wear masks to avoid getting infected.

“People are encouraged to maintain social distance and avoid crowding in public spaces to ensure the risk of spread is limited. We, however, encourage the use of masks in all indoor functions.”

The East African nation has vaccinated at least 16-and-a-half-million people, so far. More than seven million people are fully vaccinated. More than 26 million are yet to get a single dose of the COVID-19 vaccine.

Kenya is one of five countries, with the help of the African Union, set to benefit from the establishment of a facility that will produce COVID-19 and other vaccines.

Source: Voice of America

CBC Classrooms To Be Completed After KCSE Exams

All Competency Based Curriculum (CBC) class construction that will not be finalized by March 13 will have to be finalized after the Kenya Certificate of Secondary Education (KCSE) exams because no contractor will be allowed into school compounds once the national exams start.
Migori Deputy County Commissioner Mr Benson Karani, while visiting various CBC projects with the Suna East Evaluation Committee Members, noted that it will be impossible to continue with constructions within schools during the exam period, hence the need to halt incomplete constructions.
The Suna East Sub County has already launched two CBC classrooms at Nyabisawa Girls and Kadika Girls, while six more are at the very final finishing stages of fitting with electricity and painting the structures.
Suna Migori Director of Education Mr Wilson Amollo, said that the contractors were aware that failure to complete their projects before the commencement of the KCSE, will lead to a delay in their payments.
“If contractors do not finish their work before March 13, then they will have to wait for more than two weeks to resume the work. We will not allow any work to continue during the exam period,” noted the officer.
He however, asked the contractors to liaise with the public work officials who are committee members of the CBC project to ensure that necessary documentation is done in time and presented to him for their approval of their payments.
“I am urging the contractors not to wait for the launch of the classrooms before presenting the documentation for processing,” stated Amollo.
In February this year during a county CBC evaluation committee meeting that was chaired by Migori County Commissioner Mr Meru Mwangi, and Migori County Director of Education, Mr Jacob Onyiego, the ten sub county committees promised to complete their projects by February 20.
The Sub County was allocated 21 CBC classes in 19 secondary schools during the first phase.

Source: Kenya News Agency