The Netherlands is unlocking investment capital globally

first_img BRICS Finance and Policy Read more: BBOXX successfully closed a $50m Series D funding round They have channelled significant investments into BBOXX, a next-generation utility and helped the company to positively impact nearly one million people across 12 African countries through access to pay-as-you-go (PAYG) solar energy using mobile money solutions. DOEN Participaties also recentlyinvested in BBOXX’s latest $50 million funding round led by MitsubishiCorporation, a global integrated business enterprise headquartered in Japan.The initial Dutch investment has enabled BBOXX to accelerate its mission totransform lives and unlock potential and was a key factor in securinginvestment from Mitsubishi Corporation. Low carbon, solar future could increase jobs in the future – SAPVIA DOEN Participaties first became an equity investor in BBOXX in 2016, contributing to its $20 million Series C funding round. Earlier this year, Africa Infrastructure Investment Managers’ (AIIM) invested $31 million in BBOXX enabling them to expand operations in Rwanda, Kenya and the Democratic Republic of Congo (DRC). The deal gained further global interest with additional investors from France (ENGIE Rassembleurs d’Energies), Luxembourg (Bamboo Capital Partners) and Canada (MacKinnon, Bennett & Company (MKB)), demonstrating how the global community is embracing sustainability and leveraging high growth companies as tools for development. According to a statement from BBOXX, this trend includes Dutch organisations such as DOEN Participaties, an impact investment fund supporting sustainable and social startups and Oikocredit, one of the world’s largest private investors in the microfinance sector. Katsuya Nakanishi, EVP and Group CEO, Power Solution Group, Mitsubishi Corporation, said: “Our investment into BBOXX, alongside investors from the Netherlands and other parts of the world, is the latest in our drive to realise a sustainable society. It is simultaneously the result of our strong alignment with BBOXX’s mission to use technology to expand access to modern utilities across the globe. We look forward to working with BBOXX to innovatively and sustainably deliver much-needed utilities to communities currently living without them.” TAGSBBOXXinvestmentPAYGOsolar powerthe Netherlands Previous article‘Mama renewable energy’ to open women in power luncheon in NigeriaNext articleEnvironmental framework bill must be revived states law firm Ashley TheronAshley Theron-Ord is based in Cape Town, South Africa at Clarion Events-Africa. She is the Senior Content Producer across media brands including ESI Africa, Smart Energy International, Power Engineering International and Mining Review Africa. Sign up for the ESI Africa newsletter The Netherlands is emerging as a prominent hub for investors looking to channel capital to achieve a measurable social and environmental impact, combining business with purpose.  Michelle de Rijk, impact investment manager DOEN Participaties commented: “Millions of people still live without access to reliable energy or other essential modern utilities. To change this we started investing in BBOXX in 2016 and with our help, BBOXX has positively impacted nearly one million people to date by providing them access to affordable clean energy. We look forward to continuing our work together to close the energy access gap worldwide.” Mansoor Hamayun, CEO and Co-founder, BBOXX, said: “The Netherlands is emerging as a hub for this crucial type of financing. Its progressive approach is due to the solid framework it has in place, helped by high public awareness, an active civil society and business-friendly policies. The country’s interest in cleaner, greener energy has caught the attention of major corporates and undoubtedly led to us receiving investment from Mitsubishi Corporation.” RELATED ARTICLESMORE FROM AUTHOR Generation AFD and Eskom commit to a competitive electricity sector “We look forward to our next phase of growth that will help us to transform more lives, unlock potential and grow our already global footprint by opening up new markets and develop further our product range.” Read more: BBOXX bags $8m loan to accelerate solar home systems in Rwanda UNDP China, CCIEE launch report to facilitate low-carbon developmentlast_img read more

Keppel and Jan De Nul Sign Contracts for Three New Dredgers

first_imgKeppel Singmarine Pte Ltd (Keppel Singmarine) has secured contracts from Jan De Nul Group to build three trailing suction hopper dredgers (TSHDs).The contracts for the construction of three TSHDs are worth around $73.7 million in total.To be built to Jan De Nul’s design, the dredgers will be able to dredge to a maximum depth of 27.6m, and have a hopper capacity of 3,500 m³.The two dredgers will be built to the requirements of classification society, Bureau Veritas, in Keppel Nantong Shipyard, a subsidiary of Keppel O&M.Mr Abu Bakar, Managing Director of Keppel Singmarine, said, “Across the group, we have undertaken a number of newbuild dredger projects as well as repairs for customers such as Jan De Nul. We are always on the lookout to add value to our customers and markets, and this project is a natural extension of Keppel Singmarine’s strong track record and expertise in specialized vessels.”The first two dredgers are expected to be completed in the second half of 2018 while construction of the third dredger will require a notice within six months from JDN to exercise the option for the dredger.last_img read more

GG.Bet named official global betting partner of ESL

first_imgESL has revealed GG.Bet, the Curacao-based esports bookmaker, as its official global betting partner for select Counter-Strike: Global Offensive and Dota 2 tournaments.The partnership will cover all ESL One and Intel Extreme Masters (IEM) tournaments through the rest of the year, as well as the ESL Pro League Seasons 11 and 12.Photo credit: ESLRELATED: Patricia von Halle promoted to Director of Consumer Marketing at ESLThe betting operator will provide odds for each tournament match and deliver a GG.Bet-branded prediction segment during broadcasts where stage talent will discuss possible match outcomes, consulting data from the bookmaker.Stephan Schroeder, SVP of Global Brand Partnerships EMEA, commented on the partnership in a release: “GG.Bet have been true supporters of major ESL tournaments and we are delighted to take our partnership to the next level. We are always looking for ways to further improve the tournament experience and our global partnership will open up new and exciting opportunities for esports fans.” 10 Sec ESI London – Franchised leagues in esports. CARMAC vs lurppis NextStay ESI London – Franchised leagues in esports. CARMAC vs lurppisNOW PLAYINGThis year in esports- Investments, sponsorships and deals in 2019NOW PLAYINGTEAMS wins The Clutch DigitalNOW PLAYINGHector ‘H3CZ’ Rodriguez – ESI Hall of Fame Inductee 2019NOW PLAYINGESI Hall of Fame 2019 – #ESIHOFNOW PLAYINGMarcus ‘djWHEAT’ Graham – ESI Hall of Fame Inductee 2019NOW PLAYINGHeather ‘sapphiRe’ Garozzo – ESI Hall of Fame Inductee 2019NOW PLAYINGESI London 2019NOW PLAYINGThe best MMOs in 2020NOW PLAYING Arrow Left #1 Icon Created with Sketch. Arrow right #1 Icon Created with Sketch. RELATED: Bayes Esports and develop esports data widgetIn March, GG.Bet played a similar role during Season 11 of ESL Pro League Europe and North America, sporting brand real estate on broadcast as well as its own predictive segment. The deal at hand is suggested to build upon that relationship through the year across a deeper catalogue of events.Richard Collins, CMO of GG.Bet, added: “We are proud to become ESL’s global betting partner for some of the world’s biggest esports tournaments. In partnership with ESL, we’ll be able to offer enhanced betting and predictive offerings to fans all around the world!”Esports Insider says: This renewed and enhanced global betting partnership is likely an indicator of strong KPIs to have come from GG.Bet’s ESL Pro League sponsorship earlier this year. The global quarantines have sent esports betting handles soaring, and if there’s any time for a book to partner on a suite of premier esports events, it’s now.Subscribe to ESI on YouTubelast_img read more

A closer look at congressional probes into Russia and alleged Trump associate contacts

first_imgiStock/Thinkstock(WASHINGTON) — On Capitol Hill, it seems that not a day goes by without another lawmaker — usually but not always a Democrat — calling for an investigation, special prosecutor or independent commission to delve into the alleged contacts between the Trump campaign, transition and administration and Russian government officials.Sources have told ABC News that U.S. authorities were probing communications between the associates and suspected members of the Russian intelligence community ahead of the election, allegations Trump has repeatedly decried as “fake news.” An FBI probe into the matter is ongoing.Below is a look at the existing congressional probes related to the alleged contacts, into Russia, which the intelligence community concluded orchestrated an elaborate campaign to interfere in the 2016 election, as well as the leaks to the media surrounding the stories.Trump associates’ alleged contacts with RussiaSenate Intelligence CommitteeChairman Richard Burr, R-North Carolina, gave the first public details on his panel’s inquiry on Dec. 16, before Trump was sworn in. The probe was prompted by, according to Burr’s statement, “the underpinnings of the intelligence” that prompted the intelligence community to release a statement in October that said it “is confident that the Russian Government directed the recent compromises of e-mails from US persons and institutions, including from US political organizations.” It later revised its mission statement to encompass the revelations from a more detailed January assessment of Russia hacking. Republican leaders have also said they expect the committee to call former national security adviser Gen. Mike Flynn to testify about his contacts with Russian officials. Flynn resigned after misleading Vice President Mike Pence about the contacts. Democrats are criticizing Burr this week over revelations that the White House communicated with Burr and his House counterpart to rebut reports that Trump associates had contacts with Russian officials during the campaign. Over the weekend, Sen. Mark Warner, the top Democrat on the panel, said in a statement, “I have said from the very beginning of this matter that if SSCI cannot properly conduct an independent investigation, I will support empowering whoever can do it right.”House Intelligence CommitteeThis panel, overseen by Chairman Devin Nunes, never announced a separate investigation of Russia’s actions, but acknowledged in early December that the committee had been “closely monitoring Russia’s belligerence for years.” Nunes also noted that it has been looking into the underlying intelligence that prompted the conclusions in the intelligence community’s January assessment, including Russia’s alleged meddling in the 2016 election. Nunes, a Trump transition adviser, has diverged from the Senate Intelligence Committee in saying he has no plans to investigate Flynn’s conversations with Russian officials, saying in mid-February that “we’re not supposed to be listening to American phone calls.” He has said that he wants the FBI to investigate the leaks that have led to public reports about Trump officials’ alleged contacts with suspected Russian officials. Nunes said Monday that his committee is in the early stages of its work, but that his preliminary communication with the Intelligence Community has yielded no evidence of contacts between the Trump campaign and the Russian government, although he admitted that “that doesn’t mean they don’t exist.” But California Rep. Adam Schiff said that the committee has called no witnesses or interviewed the FBI. “We haven’t reached a conclusion, nor should we, on issues of collusion because we haven’t interviewed a single witness or reviewed a single document,” Schiff said.Other probesSenate Armed Services CommitteeWhile this committee, headed by John McCain, is not formally investigating Russia’s interference in the election, as is the Intelligence Committee, McCain has resolved to make cybersecurity, and by extension Russia’s hacking, a big focus. “It’s all part of the larger issue of the cyber threat that we face from Russia, China and other countries. It’s another form of warfare,” McCain said on CBS in December. The committee held a hearing last month, during which Director of National Intelligence James Clapper was asked by Democratic Sen. Claire McCaskill about the president’s statements that appeared to “trash the intelligence community,” like when he questioned their veracity by citing their ultimately incorrect assessment that Saddam Hussein harbored weapons of mass destruction. “There’s a difference between skepticism and disparagement,” Clapper said during the Jan. 5 hearing.Senate Judiciary Subcommittee on Crime and TerrorismAt the beginning of the month, Sens. Lindsey Graham and Sheldon Whitehouse, the chairman and top Democrat on the Judiciary Subcommittee, announced they would be investigating Russian efforts to influence democratic elections in the United States and abroad. “Our goal is simple – to the fullest extent possible we want to shine a light on Russian activities to undermine democracy. While some of our efforts will have to be held behind closed doors due to security concerns, we also hope to have an open discussion before the American people about Russia’s strategies to undermine democracy,” the two said in a statement.House Oversight/Judiciary CommitteesThe chairmen of the two panels, Jason Chaffetz and Bob Goodlatte, have urged the Department of Justice Inspector General to investigate the leaks surrounding the Flynn calls with Russian officials, though they also say they are not interested in investigating Flynn himself. “We have serious concerns about the potential inadequate protection of classified information here,” they wrote to the DOJ IG on Feb. 15, two days after Flynn resigned. Chaffetz and his Oversight Ranking Member, Elijah Cummings, are also looking into Flynn’s speaking engagements in Russia in 2014 and 2015 to determine the amount and source of any funding he received to appear, and whether he received payments from foreign sources, which would be in violation of the Emoluments Clause of the Constitution. Chaffetz has also stressed the need to look into the leaks of sensitive information from within the intelligence community.Copyright © 2017, ABC Radio. All rights reserved.Powered by WPeMatico Relatedlast_img read more