By Investadvocate Lagos (INVESTADVOCATE)- Africa50, specialised international financial institution established by the African Development Bank (AfDB) and African countries to help accelerate infrastructure development in Africa on Thursday announced it has appointed Alain Ebobissé as its chief executive officer (CEO). The Pan-African infrastructure investment platform is capitalised by the AfDB […]
Tag: World Bank Group
IFC to Issue 1 Billion Renminbi-Denominated Bond in London, Supporting Internationalization of Chinese Currency
IFC, a member of the World Bank Group, will issue a 1 billion renminbi-denominated bond (equivalent to about $165 million) next month to increase foreign investment in China and support the internationalization of the Chinese currency. The issuance marks the largest on the London Stock Exchange by a multilateral institution. […]
World Bank Earmark $700 Million on Health of Women, Children in Poor Countries
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Jim Yong Kim, President of the World Bank Group Monday said the Bank Group has earmarked about $700 million on the health of women and children in poor countries by 2015. This is contained in a Statement from the Bank Group and made available to […]
