Commonwealth News
BSP Fiji transitions to an independent subsidiary with no impact on customers
BSP Financial Group has officially transitioned its Fiji branch operations into a wholly-owned subsidiary, BSP Financial Group (Fiji) Pte Limited. Announcing the move, Board Chairman Robert Bradshaw highlighted that this restructuring aligns with a growing trend among...
Submission deadline for Commonwealth Peace Prize extended until January 2025
The Commonwealth Peace Prize has received significant interest, prompting an extension of the nomination deadline to 17 January 2025. Part of the Faith in the Commonwealth Initiative, the prize honours peacebuilders who use faith to foster dialogue, resolve conflicts,...
Ride-hailing giant InDrive invests in Pakistan’s Krave Mart
Ride-hailing giant inDrive has invested in the Pakistani online grocery delivery firm Krave Mart as part of its strategy to expand into emerging markets. While the deal's value remains undisclosed, the investment will enable Krave Mart to strengthen its presence in...
Singapore, Hong Kong stand out among blockchain heavyweights
A recent study identifies Singapore as a global leader in blockchain innovation, with 1,600 patents, 2,433 industry jobs, and 81 crypto exchanges—impressive figures for a nation of fewer than six million people. Hong Kong ranked second with a composite score of 82.7,...
AfDB to make $30 million equity investment in Africa Finance Corporation to catalyse climate action
The African Development Bank's Board of Directors has approved a £30 million equity investment in Africa Finance Corporation's (AFC) innovative "green shares" to mobilise funding for climate action projects across Africa. The initiative will support high-impact...
South Africa Day of Reconciliation
The 16th of December holds profound historical significance for various South African communities. For Afrikaners, it commemorates the Battle of Blood River (1838), a crucial event in their cultural heritage. Conversely, the African National Congress (ANC) and other...