Ukraine is actively increasing its presence in the markets of the African continent. In order to expand export opportunities and strengthen its positions, domestic business has established the Ukrainian-African Business Council (UAfrica Business Council). This cross-sectoral platform is designed to become a driver of long-term economic partnership and systemic integration of business in the region.…
The algorithm of actions and state programs that allow for the prompt restoration of the work of enterprises in Kyiv and the Kyiv region affected by hostile missile attacks, compensation for losses, and preservation of jobs were presented during a meeting with business. Deputy Minister of Economy, Environment and Agriculture of Ukraine Taras Vysotsky spoke…
The war risk insurance program shifts from launch to the first actual payouts. Four Ukrainian companies have already received partial compensation for insurance premiums under property insurance contracts covering war risks. Ukrainian Prime Minister Yulia Svyrydenko announced this. Thanks to Government’s support, they have managed to reduce the cost of insurance from an average of…
Over the past week, entrepreneurs issued 913 new loans for UAH 4.0 billion within the framework of the state initiative “Affordable Loans 5-7-9%”. The program is a component of the “Made in Ukraine” manufacturer development policy. The largest increase in the amount of loans issued fell on businesses in high military risk zones – plus…
Last week, Ukrainians received 173 new loans worth 350.6 million UAH under the eOselia affordable loans program. Of these, loans at 3% were received by: – 71 military personnel and representatives of the security sector; – 13 teachers; – 9 doctors; – 6 scientists. Loans at 7% were received by: – 38 Ukrainians without their…
The Zaporizhzhia NPP is under threat of complete blackout after the loss of the main power supply line. The International Atomic Energy Agency is negotiating with Ukraine and Russia on a local ceasefire to carry out urgent repairs. This was reported by IAEA Director General Rafael Grossi. Since March 24, the Zaporizhzhia NPP has been…
The Ministry of Finance of Ukraine and the European Investment Bank (EIB) held the annual review of their joint loan portfolio. The event took place in Kyiv, chaired by Deputy Minister of Finance Olga Zykova and the Head of Regional Hub for Eastern Europe Kristina Mikulova, with the participation of European Commission delegates. The EIB…