PR Newswire

    The RESPITE project, backed by the World Bank, represents a milestone in Sierra Leone’s power development journey, serving as the country’s first major national-scale power generation project commissioned in nearly a decade. Like many energy projects in low-income countries, it faced structural barriers such as weak grid conditions, limited electricity affordability, and insufficient commercial viability, creating challenges in attracting commercial financing. With Sungrow’s globally recognized bankability and proven reliability of its energy storage and inverter solutions, the project successfully addressed financing challenges and gained confidence from the World Bank.

    Under this transformation program, the bank will adopt the Finacle Deposits Suite, Finacle Lending Suite, Finacle Virtual Accounts Management, and Finacle Liquidity Management Solution on a multi-region Finacle SaaS platform. This integrated platform will enable Investec to enhance business agility, drive higher operational efficiency, and continually meet regulatory compliance, while supporting its evolving business and client needs.

    Binance today announced that bStocks, its tokenized securities offering, has surpassed $500 million in assets under management (AUM), seven weeks after launch. Since going live on June 11, 2026, the product has expanded from five tickers to more than 46 listings, providing eligible users with 24/7 access to tokenized securities and free, instant conversion between a bStock and its underlying stock. The milestone reflects growing demand for tokenized market access as more users explore traditional financial markets through Binance.