With US$10 trillion in combined assets – many of which are highly polluting – the world’s sovereign wealth funds have been accused of lagging behind the rest of their financial sector in terms of their climate change commitments. What can be done to change the status quo?

Obi Emetarom is an ambitious man. He wants his fintech company Appzone to be at the heart of African banking and payments with its proprietary cloud and blockchain based technology, and, after raising US$10mn in series A funding earlier this year, he is building the team to do it.

Italian energy company Enel sold a multibillion-dollar sustainability-linked bond at the start of July, as the nascent deal structure, which sees a coupon step up on missed ESG targets, continues to gain global popularity.

Hampleton expands with Bell

ESG veteran Solomon joins Equitile

The pandemic served as a catalyst for changes that were already underway, not least greater digitisation and better non-financial risk management. 

Sir Paul Collier has been working in Africa for four decades and is one of the world’s leading voices on the economies of the region. He tells EMEA Finance that, while the pandemic has ravaged the continent, there are clear signs of hope for sustainable economic growth.

The Brexit deal has posed challenges for London-based financial services firms, which look set to lose some of their EU business as a result. 

As the world’s first hybrid industrial cargo ship to be propelled by wind, Canopée is a leader in a fast-growing space. 

In the months following the first Global Gateway Forum, many new projects are getting going. But is the EU’s global infrastructure investment programme really going to become a serious rival to China’s efforts? 

Ukraine’s electricity grid remains operational despite another tough winter – but renewables are needed to boost resilience, says Olga Yeriomina at the EBRD.

Following a currency crisis, and an economy battered by unorthodox policy measures, Turkiye’s banks appear to be charting a course towards normalisation. What kind of risks will they be facing over the months ahead?