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Standard Chartered, Bpifrance Assurance Export, and Sfil finance major water infrastructure project in Luanda, Angola
- Standard Chartered led the arrangement of EUR 538 million financing to support Phase 2 of the Quilonga Grande Water System project, expanding Luanda’s potable water distribution network.
- The project, commissioned by Empresa Pública de Águas under Angola’s Ministry of Energy and Water, will draw water from the River Kwanza and treat 518,000m³ per day, providing clean water to approximately five million people.
- The expanded water network aims to improve access to safe drinking water, reduce reliance on informal vendors, lower waterborne diseases, and create over 1,500 jobs during construction.
- The project is developed by a consortium led by Casais Engenharia e Construção, with significant involvement from French suppliers supported by Bpifrance Assurance Export and Sfil.
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Devanshee DaveHSBC and Standard Chartered complete first live cross-border tokenised deposit transaction on Swift’s blockchain ledger
Devanshee DaveN3XT expands access to Digital Dollar, redefining B2B payments with instant, programmable transactions
N3XT launches institutional-grade Digital Dollar token for instant B2B payments on blockchain with full banking regulation and 24/7 settlement.
Devanshee DaveAfriex announced a new sponsor and settlement banking partnership with Global Innovations Bank (GIB) to support its B2B Payments API, enhancing settlement speed, regulatory coverage, and Global USD Account access.
Devanshee DaveThe Indonesian government is fast-tracking the creation of BMKS to establish credible domestic price benchmarks for strategic minerals such as nickel, tin, copper, bauxite, and gold, reducing reliance on foreign exchanges like the London Metal Exchange and Shanghai Futures Exchange.
Devanshee DaveViaservice-Ke, a subsidiary of Switzerland-based Viatrans SA, has partnered with Maersk to offer Viaservice Container Solution (VCS), a digital trade financing platform for Kenya’s logistics sector.
Devanshee DaveThe US Senate approved a two-year extension of AGOA, allowing eligible sub-Saharan African countries to maintain duty-free access to the US market until December 2028.
Devanshee DaveRBC and BMO sell Moneris to Francisco Partners for $2 billion, ending 25-year joint venture
RBC and BMO sell Moneris payment processor to US private equity firm Francisco Partners for $2 billion, ending their 25-year Canadian joint venture.
Carter HoffmanBank of America launches $250 billion critical infrastructure finance initiative to support US development
Bank of America launches $250 billion infrastructure finance initiative to support US digital, energy and core infrastructure development from 2026 to 2027.
Devanshee DavePolygon Labs joins NOBO Finance and Dun & Bradstreet in phase 2 of the Bank of England’s Digital Pound Lab
Polygon Labs joins NOBO Finance and Dun & Bradstreet in Phase 2 of the Bank of England's Digital Pound Lab, testing cross-border settlement between stablecoins and digital pound.
Devanshee DaveGeneral Motors has arranged a purchasing facility worth up to $4.5 billion with Procura Auto Parts, a company specialising in sourcing rare or critical automotive parts.
Devanshee DaveAustralian Prime Minister Anthony Albanese and Vietnam’s leader To Lam agreed to strengthen defence and security engagement, including efforts to counter transnational organised crime and people smuggling.
Devanshee DaveDECTA has selected OpenPayd to strengthen its international treasury capabilities using OpenPayd’s regulated, rails-agnostic infrastructure for faster and more efficient operational settlement.
Devanshee DaveDeutsche Bank has been designated by the People’s Bank of China as a Renminbi (RMB) clearing bank for Europe, operating from Frankfurt to provide direct processing, clearing, and settlement of cross-border RMB transactions.
Devanshee DaveAfreximbank signed a EUR 110 million facility agreement with the government of Chad to support trade-enabling infrastructure projects approved under Chad’s 2026 Finance Law.
Devanshee DaveThe International Finance Corporation (IFC) is proposing an unfunded trade finance facility of up to $250 million for Banco Bradesco S.A. under its Global Trade Finance Program (GTFP).
Devanshee DaveSIDBI and MonetaGo announced the go-live of MonetaGo’s Secure Financing system on SIDBI’s GST-Sahay Invoice-Based Financing Platform following a successful pilot. The deployment enables SIDBI to validate invoices financed through TReDS and other factoring platforms, including SBI Global Factors and India Factoring, enhancing secure and…
Devanshee DaveThe Trump administration has refunded about $100 billion in tariffs following a Supreme Court ruling that struck down a wave of duties imposed under the International Emergency Economic Powers Act.
Devanshee DaveFIS launches Digital One™ Commercial in APAC, completes global rollout
Devanshee DavePaymentWorks introduced Payee Profile, a standardised, reusable credential that helps businesses manage tax, banking, and compliance information required for payments.
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