Tanzania asks bank to finance hydropower project in heritage site

Tanzania asks bank to finance hydropower project in heritage site

DAR ES SALAAM (Reuters) – Tanzania has approached the African Development Bank (AfDB) to finance a 2,100-megawatt (MW) hydroelectric plant in a World Heritage site renowned for its animal population, despite concerns from conservationists. The East African nation considers the project at Stiegler’s Gorge in the UNESCO-designated Selous Game Reserve to be vital in its […]

TPG, Carlyle Lead Over $1.9 Billion Round in Baidu's Finance Arm

TPG, Carlyle Lead Over $1.9 Billion Round in Baidu's Finance Arm

Baidu Inc. has raised more than $1.9 billion for its newly spun-off financial services division from TPG, Carlyle Group and other investors, creating one of China’s best-funded fintech companies. Taikang Group and other backers also joined the funding round for the newly formed company, which will be called “Du Xiaoman Financial” and use artificial intelligence […]

How to Buy Right and Finance Appropriately

How to Buy Right and Finance Appropriately

Crittenden National Real Estate conference multifamily panel. COSTA MESA, CA—Panelists at the recent Crittenden National Real Estate conference here on Wednesday focused how to stay ahead in an ever-changing multifamily world and how to adopt new technologies in order to compete with new players in the market, among other things.  Moderator Noah Miller, VP of […]

Campus Notebook: Loras second in finance competition; Regis gets $10 million

Campus Notebook: Loras second in finance competition; Regis gets $10 million

Editor’s Note: Welcome to NCR’s college roundup, where every Friday we bring you the latest news in Catholic college and university life. Do you have news you would like to share? Email James Dearie at jdearie@ncronline.org. UNITED STATES — The Jesuit universities of the United States have expressed their solidarity with the Jesuit-run Central American University in […]

Opinion: Innovative finance doesn't mean reinventing the wheel

Opinion: Innovative finance doesn't mean reinventing the wheel

A health worker prepares a vaccine. Photo by: Gavi / 2016 / Kate Holt A more prosperous, secure, sustainable, and fair future for 2.4 billion people. That is the shared vision of leaders from 52 nations in London for the Commonwealth Heads of Government Meeting, as they come together to discuss how to build on […]

Platinum Auto Finance Open to Implementing Alternative Data

Platinum Auto Finance Open to Implementing Alternative Data

Despite a recent move up the credit spectrum, Platinum Auto Finance is open to the idea of utilizing alternative data in its lending processes, David Knightly, senior vice president of operations, told Auto Finance News. “If it helps me scale in a way that I need, in the space that I play in, then absolutely, […]

Kansas House adopts budget bill, rejects trigger tied to school finance ruling

Kansas House adopts budget bill, rejects trigger tied to school finance ruling

Sherman Smith sherman_news The House on Friday voted to advance a budget bill after stripping a provision that would have lapsed most of the scheduled funding increases in the event of an unfavorable court ruling over school finance. Representatives return Saturday morning with plans to tackle a tax bill and fix an $80 million […]

Faribault Schools' finance director, activities director to depart

Faribault Schools' finance director, activities director to depart

Two of Faribault Public Schools’ highest profile staff members are leaving the district. +1  Faribault Activities Director Danny DuChene recently put in his resignation. (Daily News file photo) Andi Johnson, the district’s director of finance and operations, and Danny DuChene, activities director for Faribault Middle School and Faribault High School, will soon say their goodbyes […]