News & Events

The Stelios Philanthropic Foundation has made an exciting announcement regarding its inaugural Young Entrepreneurs Award in Cyprus. Traditionally organised in Greece since 2008, this prestigious award will now extend its reach to young entrepreneurs in Cyprus. Eligibility criteria include being under 40 years old and having established a company within the past five years with a minimum gross profit of €10,000 per year. Entrepreneurs interested in participating can submit their applications until July 14.

Read the original article here: https://cyprus-mail.com/2023/05/29/awards-announced-for-young-cyprus-entrepreneurs/

It is marked by religious observances and traditions that reflect the significance of the Pentecost event. On this day, believers attend special church services that include prayers, hymns, and readings from the Bible. The focus of the services is on the Holy Spirit and its role in the life of the Church and individual believers. Families and friends also gather for festive meals and spend time together in celebration. Traditional Cypriot dishes and delicacies are often prepared and shared, adding a cultural element to the holiday.

The African Development Bank Group’s Board of Directors has given its approval for a $20 million equity investment in the Africa50 Infrastructure Acceleration Fund I. The fund’s primary objective is to attract private capital for infrastructure development throughout Africa. With the aim of raising up to $500 million, the Africa50 Infrastructure Acceleration Fund I operates as a pan-African infrastructure private equity fund.

Read the original article here: https://afdb.africa-newsroom.com/press/african-development-bank-approves-20-million-investment-in-private-equity-fund-targeting-the-infrastructure-sector-in-africa?lang=en