Category: Finance

EconomyFinancePolicy

Bank of England Chief Warns Private Credit Markets Echo Pre-2008 Crisis Patterns

Bank of England Governor Andrew Bailey has warned that “alarm bells” are ringing over risky lending practices in private credit markets. The central bank chief drew direct comparisons to financial engineering that preceded the 2008 global crisis during parliamentary testimony.

Central Bank Chief Sounds Warning on Private Credit Practices

Bank of England Governor Andrew Bailey has issued a stark warning about developing practices in private credit markets, stating that “alarm bells” are ringing over risky lending activities that echo patterns seen before the 2008 financial crisis. According to his testimony before the House of Lords financial regulation committee, the central bank is observing concerning financial engineering techniques reemerging in the market.

by Megan Carter
ClimateFinancePolicy

South Africa Prioritizes Climate Finance and Adaptation Ahead of COP30 Summit in Brazil

With COP30 approaching, South African officials emphasize climate finance accessibility and adaptation measures for developing countries. The conference is expected to advance funding mechanisms and operationalize the Loss and Damage Fund.

Climate Finance Takes Center Stage Ahead of COP30

With fewer than 30 days remaining until the COP30 climate conference in Belém, Brazil, South Africa is strengthening its position on climate action that prioritizes people, planet and prosperity, according to statements from Forestry, Fisheries and the Environment Minister Dr Dion George. The minister confirmed that South Africa’s updated Nationally Determined Contribution aligns with the country’s Climate Change Act and aims to balance environmental integrity with social justice.

by Megan Carter
FinanceInfrastructureTechnology

R150 Million Smart Utilities Partnership Targets Underserved South African Businesses

A strategic partnership between investment firms ALT Capital Partners and New GX Capital has launched a R150-million smart utilities initiative. The project targets small and medium enterprises in historically underserved communities with integrated utilities management solutions combining technology and innovative funding.

Major Investment in Smart Utilities Infrastructure

Investment firms ALT Capital Partners and New GX Capital have reportedly formed a strategic partnership to launch a R150-million smart utilities and infrastructure initiative, according to recent reports. The collaboration, facilitated through ALT Capital Partners’ REimagine Fund 1 and New GX Capital-funded Airnergize Ventures, focuses on early-stage disruptive utilities management businesses with significant scalability potential.

by Tyler Brooks P.E
BusinessFinanceInvesting

German Retail Banks Expand Private Equity Access to Mainstream Investors

German retail banks are reportedly expanding access to private equity investments for mainstream investors. This strategic shift comes as private capital groups seek fresh funding sources beyond traditional institutional investors.

Major Shift in German Investment Landscape

German retail banks are reportedly making private equity funds available to the country’s substantial base of small-scale investors, according to industry reports. Sources indicate that lenders ranging from established giant Deutsche Bank to fintech platform Trade Republic are seeking to capitalize on the expanding alternative asset class.

by Megan Carter