26 Jul IDB hosts first meeting of multilateral development banks

"KINGSTON, Jamaica (CMC) – The Inter-American Development Bank (IDB) says it  has hosted the first meeting of the multilateral development banks (MDB) working group on the cultural and creative industries (CCI), also known as the Orange Economy, in Latin America and the Caribbean. The IDB said...

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18 Jul European banking associations present high level principles for banks’ feedback on SME credit applications

"The European Association of Public Banks, together with four other European banking associations (EBF, EACB, EMF-ECBC and ESBG), presented today a set of high-level principles regarding the communication between SMEs and banks around loan applications. The principles, developed in discussions with European SME organisations, aim at promoting high quality feedback on credit applications,...

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14 Jul Donor’s call for increased financial resources for preparation of bankable infrastructure projects in Africa

"Donors from Canada, Germany, UK and Spain have called on other countries to join them in increasing financial contributions to support infrastructure project preparation in Africa so as to accelerate Africa’s transformation and increased socio-economic development through enhanced infrastructure connectivity. They observed that Africa’s regional...

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13 Jul END OF THE G20 SUMMIT – Together we can achieve more

"Chancellor Angela Merkel has declared herself satisfied with the outcome of the G20 summit. In the field of trade, she reported at the close of the summit in Hamburg, agreement was reached that markets must be kept open. The major industrialised states and emerging economies...

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12 Jul Norway Development Fund Bets Big on African Finance

"Norway’s state-run development fund, Norfund, is finding the fattest returns in Africa are in the financial industry. The $2 billion fund, which is more and more concentrating its investments in sub-Saharan Africa, placed more than half its new capital last year in financial institutions. That focus...

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11 Jul Donor’s call for increased financial resources for preparation of bankable infrastructure projects in Africa

"Donors from Canada, Germany, UK and Spain have called on other countries to join them in increasing financial contributions to support infrastructure project preparation in Africa so as to accelerate Africa’s transformation and increased socio-economic development through enhanced infrastructure connectivity. They observed that Africa’s regional...

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