Tag: Spain

World Remit partners with Lebara to connect new customers to its money transfer service to Africa

World Remit partners with Lebara to connect new customers to its money transfer service to Africa

AFRICA, BUSINESS, INTERNATIONAL
LONDON, United Kingdom Lebara and World Remit, two leading brands serving international residents, have entered into a strategic partnership making World Remit the exclusive global money transfer partner of Lebara, including transfers to over 40 African countries. The deal allows over 3 million Lebara Mobile and Lebara Money users to use World Remit’s digital money transfer service seamlessly, directly from the Lebara app and website. "With more than half of World Remit’s transfers now going to Africa, this partnership will support the company’s plan to serve 5 million customers connected to the continent by 2020." Ismail Ahmed, founder and CEO at World Remit said Lebara customers living in the UK, France, Germany, Spain, Denmark and Netherlands will benefit from World
EIB supports modernisation of electricity distribution facilities in Spain

EIB supports modernisation of electricity distribution facilities in Spain

BUSINESS, EUROPE, INTERNATIONAL
Madrid, Spain The European Investment Bank (EIB) is providing a EUR 500 million loan to Endesa to support the necessary investment to upgrade its distribution grid. The aim of the project, which will be implemented over the next two years, is to improve the quality and efficiency of Endesa’s electricity supply facilities, making them more environmentally friendly and sustainable, and expanding its network of connections to renewable energy sources. The loan agreement was signed in Madrid today by EIB Vice-President Román Escolano and Endesa’s CEO, José Bogas. The grid enhancements will be carried out in six Spanish regions (Aragon, the Balearic Islands, Catalonia, the Canary Islands, Andalusia and Extremadura) and over 17,500 jobs will be created during the project implementation
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