26 Sep Afreximbank closes $300 million China Exim-backed loan

"Cairo, 16 September 2016: – The African Export-Import Bank (Afreximbank) has closed its first-ever China/Taiwan specific syndicated loan with a $300-million facility guaranteed by the Export-Import Bank of China (China Exim Bank). The five-year syndicated loan, which closed on 12 September, was only open to investors...

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26 Sep President Jin Visits Iceland, Sweden and Norway, September 8-14, 2016

"Beijing, September 15, 2016 – AIIB President Jin visited Iceland, Sweden and Norway from September 8 to 14, 2016. In Iceland, President Jin met with Minister of Finance and Economic Affairs Mr. BjarniBenediktsson, Minister for Foreign Affairs Ms. LiljaAlfreðsdóttir, Governor of the Central Bank Mr. MárGuðmundsson,...

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13 Sep World Bank Group, New Development Bank Lay Groundwork for Cooperation

"WASHINGTON, September 9, 2016— World Bank Group President Jim Yong Kimand New Development Bank (NDB) President K.V. Kamath today signed a memorandum of understanding between the two institutions, to strengthen cooperation in addressing the world’s enormous infrastructure needs. The memorandum formalizes the World Bank Group-NDB knowledge...

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13 Sep When stakeholders work together, we make progress

"Kampala, UGANDA - Mobile Money for the Poor (MM4P) Uganda Technical Specialist Amani M’Bale maintains, “Since government and private sector stakeholders have engaged, we have made progress in expanding financial inclusion to those in need.” Ms. M’Bale is stepping down from the United Nations Capital Development Fund (UNCDF)...

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