UNIDO
As part of the Global Quality and Standards Programme (GQSP) designed to encourage systematic trade development along specific value chains, the United Nations Industrial Development Organization (UNIDO) and the Swiss State Secretariat for Economic Affairs (SECO) will support Costa Rica in achieving compliance with the European Union regulations and quality standards. A project document concerning the related intervention was signed today by LI Yong, Director General of UNIDO, and the Permanent Representative of Costa Rica to UNIDO. The signing was witnessed by the Permanent Representative of Switzerland to UNIDO.
The two-year intervention has an overall budget of EUR 320,000 and will include activities aimed to enhance traceability, laboratory capacities, and private sector abilities to comply with international quality standards. The main national counterpart is the Ministry of Foreign Trade of Costa Rica (COMEX), while other counterparts include the National Animal Health
IT Consortium, Axis Pensions launches RemitPlus
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IT Consortium, a FinTech company in Ghana, has launched RemitPlus, a product designed to give Ghanaians access to value added financial services such as pensions contributions whenever they receive international remittances.
A press release issued by the company stated other value offerings that come with RemitPlus to include an embedded life cover of GH¢5,000 for contributors and access to loan facilities from partner financial institutions using pension contributions as collateral.
Speaking at the launch, the Managing Director of IT Consortium, Mr Romeo Bugyei, expressed delight about the potential RemitPlus offered to financially excluded citizens, particularly women.
EBRD newsletter - Friday 22 January EBRD record investment in 2020 in response to Covid-19 The EBRD responded to the coronavirus pandemic with record investment of €11 billion in 2020 through 411 projects, addressing the urgent needs of the 38 economies where it invests. This represented a 10 per cent increase in annual business investment relative to 2019, when the Bank provided €10.1 billion to finance 452 projects. Major media outlets such as Reuters, AFP and bne IntelliNews reported on the Bank’s operational results in 2020. The results were especially widely reported in countries of operations and complemented by media engagements, for instance in Serbia, Ukraine, Greece and Turkey. The results were also successfully shared on the Bank’s social media channels. The EBRD President tweeted: “We absolutely delivered on our promise to help our countries & clients deal with the economic impact of #COVID19. Now is the time to #BuildBackBetterEconomies”
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