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Tag: KFW DEVELOPMENT BANK

Business / Companies / economics

Hapvida Rectifies Accounting Errors and Renegotiates Debt in Brazil

March 20, 2025March 20, 2025 - by Aisha Khoury - Leave a Comment

Hapvida has corrected its accounting from 2016-2023, increasing net equity by 503 million reais in 2024, and is renegotiating debt associated with fines and reimbursements worth 2.9 billion reais for …

Hapvida Rectifies Accounting Errors and Renegotiates Debt in Brazil Read More
Climate change

Peruvian Farmer Challenges Energy Giant in Pivotal Climate Lawsuit

March 17, 2025March 17, 2025 - by Victor Santos - Leave a Comment

Saul Luciano Lliuya, a Peruvian farmer, is suing German energy company RWE in a court battle concerning climate change damages. He argues that RWE, a significant carbon emitter, should help …

Peruvian Farmer Challenges Energy Giant in Pivotal Climate Lawsuit Read More
Climate change

Peruvian Farmer Takes On Energy Giant RWE in German Court Over Climate Change Claims

March 17, 2025March 17, 2025 - by Maya Chowdhury - Leave a Comment

Peruvian farmer Saul Luciano Lliuya is pursuing RWE in a German court, claiming the energy firm must bear costs to protect Huaraz from climate change impacts. This case is seen …

Peruvian Farmer Takes On Energy Giant RWE in German Court Over Climate Change Claims Read More
Companies

M23 Armed Group Profits from Mining in Eastern Democratic Republic of Congo

March 14, 2025March 14, 2025 - by Maya Chowdhury - Leave a Comment

The M23 armed group, supported by Rwanda, profits from natural resources in eastern DRC by imposing taxes on mining operations in areas it controls. This exploitation of rich minerals exacerbates …

M23 Armed Group Profits from Mining in Eastern Democratic Republic of Congo Read More
Companies

Rwanda-Backed M23 Reaps Profit from Eastern DRC’s Abundant Mines

March 14, 2025March 14, 2025 - by Liam O'Sullivan - Leave a Comment

The M23 rebel group, backed by Rwanda, is profiting from the mineral wealth of eastern DRC. Since its resurgence in 2021, it has seized control of rich territories and implements …

Rwanda-Backed M23 Reaps Profit from Eastern DRC’s Abundant Mines Read More
Business / economics

Peru Central Bank Maintains Benchmark Interest Rate at 4.75%

March 13, 2025March 13, 2025 - by Aisha Khoury - Leave a Comment

Peru’s central bank held the benchmark interest rate at 4.75%, consistent with analyst predictions, following a gradual easing from 7.75% since September 2023. On Thursday, Peru’s central bank decided to …

Peru Central Bank Maintains Benchmark Interest Rate at 4.75% Read More
Companies

South Africa’s Mining Output Declines for Third Successive Month

March 13, 2025March 13, 2025 - by Liam O'Sullivan - Leave a Comment

South Africa’s mining output decreased by 2.7% in January 2025, extending a three-month declining trend. Iron ore, PGMs, and coal were among the most significantly affected commodities. On a monthly …

South Africa’s Mining Output Declines for Third Successive Month Read More
Business / Companies / economics

Ghana’s Dollar Bonds Decline Amid “Shock Therapy” Cuts Announcement

March 11, 2025March 11, 2025 - by Liam O'Sullivan - Leave a Comment

Ghana’s dollar-denominated bonds fell nearly 1.5 cents after Finance Minister Cassiel Ato Baah Forson announced necessary ‘shock therapy’ spending cuts. The bonds retraced slightly to a loss of 1.15 cents …

Ghana’s Dollar Bonds Decline Amid “Shock Therapy” Cuts Announcement Read More
Companies

Chile’s Copper Exports Reach $3.92 Billion in February

March 7, 2025March 7, 2025 - by Victor Santos - Leave a Comment

Chile exported copper worth $3.92 billion in February, marking a 6.7% increase year-over-year. The nation recorded a trade surplus of $1.63 billion, lower than the anticipated $2.10 billion. In February, …

Chile’s Copper Exports Reach $3.92 Billion in February Read More
Companies

GeoPark Secures $550 Million in Debt for Debt Repurchase

March 3, 2025March 3, 2025 - by Aisha Khoury - Leave a Comment

GeoPark, a Colombian oil and gas company, has raised US$550 million in debt to refinance existing obligations. Prominent law firms facilitated this issuance, emphasizing the transaction’s significance in the sector. …

GeoPark Secures $550 Million in Debt for Debt Repurchase Read More

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