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Abu Dhabi's investment in Binance enhances its compliance and global operations, positioning it as a leading cryptocurrency exchange. Meanwhile, Tunisian LegalTech startup Juridoc.tn secures funding to expand across 17 African countries, aiming to revolutionize legal services with AI-driven solutions. Additionally, Tern Rewards launches the UAE's first digital rental payment platform, allowing tenants to pay rent via credit card while earning rewards.
Tunisian LegalTech startup Juridoc.tn has secured a strategic investment from Go Big Partners and 216 Capital Ventures to expand its operations across the OHADA region, which includes 17 West and Central African countries. This funding will enhance its AI-driven legal solutions, addressing the growing demand for digital legal services and improving access to justice. Co-founder Qais Asali emphasized the goal of democratizing legal solutions through technology, positioning Juridoc.tn as a leader in Africa's digital legal ecosystem.
Société Générale is pursuing a strategic turnaround by 2026, aiming for a CET 1 ratio of 13%, a cost-to-income ratio below 60%, and a RoTE of 9-10%. Following a strong Q3 2024 performance, with net income soaring to €1.367 billion, analysts are increasingly optimistic about the bank's recovery and its ability to meet these targets. CEO Slawomir Krupa emphasizes a focus on capital build-up and profitability improvement amid ongoing restructuring efforts.
The BRICS bloc, comprising Brazil, Russia, India, China, and South Africa, is set to expand in 2025, with over 20 countries expressing interest in joining, driven by a desire for de-dollarization and a shift in global economic dynamics. U.S. President-elect Donald Trump has threatened 100% tariffs on nations supporting a BRICS currency, emphasizing the need to maintain the dominance of the U.S. dollar. The bloc aims to integrate nations that align with its vision, reflecting its growing influence in international affairs.
HIV funding faces significant challenges, with domestic financing declining for the fourth consecutive year and donor resources also dropping. UNAIDS emphasizes the need for debt relief and improved tax revenue collection, while PEPFAR's future remains uncertain amid political transitions and funding pressures. Despite progress in reducing AIDS-related deaths, millions still lack treatment, highlighting the fragility of the current response to HIV/AIDS.
Humanitarian agencies face challenges in addressing climate adaptation in conflict-affected regions like Somalia, where immediate aid has not reduced long-term needs. Experts emphasize the importance of collaboration between humanitarian and development sectors to build resilient systems and address underlying vulnerabilities, while also urging countries to improve governance and reduce corruption to attract more funding.
COP16 in Cali, Colombia, concluded without agreement on crucial biodiversity finance, leaving many issues unresolved. While a new "Cali Fund" was established to support genetic material compensation and a permanent body for Indigenous people was created, the failure to secure funding jeopardizes global conservation goals. Observers warn that the lack of a monitoring framework and financial commitments could hinder efforts to protect 30% of the world's ecosystems by 2030.
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NymCard and Juridoc secure funding to enhance embedded finance and legal services
16:16 19.03.2025
Tunisian legaltech startup Juridoc secures investment for African expansion
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société générale shows promising signs towards achieving 2026 strategic goals
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12:26 03.11.2024
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