27 Dec BRICS BANK FUNDS 1ST PROJECT IN CHINA

"The New Development Bank has signed a 525 million yuan (US$76 million) sovereign loan agreement to fund a solar power project in Shanghai — the BRICS bank’s first loan project in China, the lender said yesterday. The loan, to be used in Shanghai Lingang Distributed Solar...

Read More

27 Dec Development Bank of Rwanda investing in the energy sector

"Access to reliable and affordable energy remains a considerable challenge in Rwanda. For Rwanda’s private sector to be competitive, the energy issue must be addressed as a crosscutting driver for economic growth. According to Dr. Livingstone Byamungu, the Chief Investment Officer at the Development Bank...

Read More

19 Dec President Jin Visits the Philippines

"AIIB President Jin Liqun visited the Philippines on December 12-14, 2016. During his three-day visit to the capital city of Manila, he met with Philippine President Rodrigo Duterte, Finance Secretary Carlos G. Dominguez III, Governor Hermilando I. Mandanas of the province of Batangas, and other senior...

Read More

12 Dec “United against corruption – Integrity counts”: African Development Bank commemorates International Anti-Corruption Day on December 9

"International Anti-Corruption Day is celebrated every December 9, marking the adoption of the United Nations Convention Against Corruption (UNCAC) in Merida, Mexico, on this day in 2003. With its Integrity and Anti-Corruption Department (IACD), the African Development Bank (AfDB) also commemorates this important date. Corruption and...

Read More