Articles with tag like: economic crisis

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CDC, Societe Generale partner to boost African trade

News | E-invoicing, SCF & E-procurement | 02 Jul 2020

UK-based impact investor CDC Group has closed a USD 100 million trade finance risk sharing facility with Societe Generale.

CDC, Societe Generale, African trade, trade finance, risk sharing facility, local banks, new banks, Francophone West Africa, funding, economic crisis, United Nations, SDG, deficit, International Chamber of Commerce

Venezuela to roll out crypto-funded youth bank

News | Cryptocurrencies | 07 May 2018

The Venezuelan president has announced plans to launch a youth bank that will be funded by the state’s controversial Petro cryptocurrency.

Petro, virtual currency, cryptocurrency, Bitcoin, Venezuela, economic crisis, Latin America, crypto

Venezuelas Petro cryptocurrency faces controversy

News | Cryptocurrencies | 22 Mar 2018

On March 19 the US President Donald Trump issued a trading ban on Venezuela’s Petro cryptocurrency, however some reports say Russia helped the Venezuelan government launch it.

Petro, virtual currency, cryptocurrency, Bitcoin, Venezuela, economic crisis, Latin America, crypto

Could launching a virtual currency save Venezuelas economic crisis?

News | Cryptocurrencies | 05 Dec 2017

The Venezuelan president has announced the creation of a new virtual currency called Petro in a bid to ease the country’s economic crisis.

Petro, virtual currency, cryptocurrency, Bitcoin, Venezuela, economic crisis, Latin America, crypto