News & Events

It is a national public holiday marked with patriotic parades, cultural events, and speeches reaffirming Gambian sovereignty. The day is seen as an important commemoration of the Gambia’s self-determination and a chance to reflect on national identity.
Families and friends often come together to enjoy traditional Gambian cuisine, adding a culinary dimension to the celebrations. Popular dishes such as domoda, benechin, and yassa are prepared and shared during gatherings, fostering a sense of communal joy and connection.

In a sequence of block deals, Florintree Capital Partners, led by Mathew Cyriac, has successfully divested its entire 10.71% stake in the listed company Data Patterns (India) Ltd, amounting to approximately Rs 1,100 crore. The Singapore sovereign wealth fund GIC emerged as a significant buyer, acquiring over 6% stake valued at Rs 650 crore. Mirae Mutual Fund also made a notable investment of Rs 200 crore, with other prominent buyers including HDFC Mutual Fund and Kotak Mahindra Mutual Fund, according to sources familiar with the transaction

Read the original article here: https://www.msn.com/en-in/money/markets/gic-buys-6-stake-in-data-patterns/ar-BB1imBLF

The African Guarantee Fund (AGF), a frontrunner in advancing Small and Medium-sized Enterprises (SMEs) financing across Africa, has entered into a strategic Cooperation Agreement with FSD Africa, a trailblazing development agency dedicated to transforming Africa’s long-term financial landscape. This collaboration aims to drive the growth of Green SMEs by providing vital financial support, technical assistance, and capacity building.

The signed Cooperation Agreement delineates a comprehensive framework for collaboration, with a primary focus on promoting sustainable development in Africa. Key facets of this partnership include supporting the development of financial products for institutions, providing partial credit guarantees for bonds and funds raised on behalf of SMEs, and organizing capacity-building events.

Read the original article here: https://www.africa-newsroom.com/press/african-guarantee-fund-and-fsd-africa-partner-to-boost-green-small-and-mediumsized-enterprise-sme-financing?lang=en