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KILDE, a Singaporean private debt investment platform, has raised US$450,000 led by Purple Ventures in pre-seed funding round, supported by Startupbootcamp Dubai.

(1)
SINGAPORE, Feb. 23, 2021 /PRNewswire/ KILDE was licensed by the Monetary Authority of Singapore lately to raise debt capital for digital lending companies from institutional and accredited investors.
Securing a sustainable source of debt funding is a number one challenge for digital lenders. Despite the investment boom in alternatives, digital lending is too opaque and non-transparent for most investors. KILDE lifts the opaque veil offering access to an extensive range of deal-ready private debt investments. For digital lending firms, it provides flexible funding at competitive costs.
Digital lenders allow underbanked consumers and SMEs to get sustainable loans and build their credit history. Transforming these loans into investable assets provides a unique market opportunity. We are here to streamline this process, said Radek Jezbera, co-founder of KILDE. ....

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Liaqat Khattak says people, not he, supported PML-N candidate

Peshawar
February 22, 2021
NOWSHERA: Liaqat Khattak, the former irrigation minister and brother of Federal Minister for Defence Pervez Khattak, on Sunday denied having supported Pakistan Muslim League-Nawaz (PML-N) candidate Ikhtiar Wali in the recent by-election on constituency PK-63, Nowshera.
He said this while talking to the media at a function arranged in the farmhouse of the Asghar Khan Khattak in Manki Sharif to celebrate the victory of the PML-N candidate in the by-poll.
Ahad Khattak, a former tehsil nazim and the son of Liaqat Khattak, and scores of supporters of Liaqat Khattak attended the festivities to celebrate the PML-N victory.
This was the third big function arranged in the Manki Sharif to celebrate the win of the opposition victory. ....

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Atiku supports proposed privatisation of refineries, assets

Atiku Abubakar
Former Vice President Atiku Abubakar has supported decision by the Federal Government to privatise some of its assets.
The assets include refineries, the International Conference Centre in Abuja, Yola Electricity Distribution Company, Zungeru Hydro Power, Tafawa Belewa Square, among others.
A total of N493.4bn is expected to be earned from the sale of the assets which were classified under energy assets, industries and communication department as well as development institutions and natural resources.
In a statement titled ‘Privatisation of Refineries and Other Assets: Better Late Than Never,’ Atiku however demanded transparency in the process.
He expressed delight that the privatisation of public assets which he once championed and was scorned for by the All Progressives Congress-led administration is now being embraced by the same administration. ....

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Welcome To IANS Live - BUSINESS - Cement demand improves, but prices remain muted: MOFSL

Welcome To IANS Live - BUSINESS - Cement demand improves, but prices remain muted: MOFSL
ianslive.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ianslive.in Daily Mail and Mail on Sunday newspapers.

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USAID provides comprehensive support to entrepreneurship dev't in Turkmenistan

By Trend
To increase the competitiveness of Turkmenistan s economy, USAID supported a start-up ecosystem program, Stephen Guice, Public Affairs Officer of the US Embassy in Ashgabat told Trend .
The program worked with six local mentor companies that offer startup incubation and acceleration services. These mentor companies hosted a total of 122 entrepreneurs and helped develop their innovative business ideas and products. In addition, USAID created a platform that assists aspiring entrepreneurs in understanding startup entrepreneurship and to master skills through learning, practicing, and collaboration, said Guice.
Also, to raise awareness about the importance of international standards and to train a pool of local experts, since 2017 USAID supported over 20 ISO training sessions and export promotion webinars for hundreds of representatives from local consulting companies and food producers in Turkmenistan. ....

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