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ECB Presents Findings from Digital Euro Innovation Platform and Announces Second Round of Experimentation

A digital euro could foster innovation in the European payments system and boost financial inclusion, according to a report published today on the outcome of the first iteration of the digital euro innovation platform – an initiative launched by the European Central Bank (ECB) in October 2024 for collaboration and experimentation with digital euro project stakeholders. This iteration of the innovation platform brought together almost 70 market participants, including merchants, fintech companies, start-ups, academia, banks and other payment service providers,...

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Chapter News, News, TRIA News

European Commission announces €545 million package to scale up renewables in Africa

European Commission President Ursula von der Leyen unveiled today a €545 million Team Europe package to accelerate Africa's clean energy transition. This announcement, made at the Global Citizen Festival via video message in the context of the United Nations General Assembly, is an important milestone in the ‘Scaling Up Renewables in Africa' campaign, co-hosted with South African President Cyril Ramaphosa. This campaign raises global awareness and mobilises public and private investments for clean energy generation and access across Africa. “The choices...

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