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Cabinet approves doubling of Bakhtiyarpur - Rajgir - Tilaiya single railway line section (104 Km) in Bihar with total cost of Rs. 2,192 crore

India, Sept. 24 -- The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has approved the doubling of Bakhtiyarpur - Rajgir - Tilaiya single railway line section... Read More


Cabinet approves Construction of 4-lane Sahebganj-Areraj-Bettiah section of the NH-139W in Bihar on Hybrid Annuity Mode (HAM) with a total project length of 78.942 km worth Rs.3,822.31 crore

India, Sept. 24 -- The Cabinet Committee on Economic Affairs chaired by the Prime Minister Shri Narendra Modi today has approved the Construction of 4-lane Sahebganj-Areraj-Bettiah section of the NH-1... Read More


ADB President Advances Connectivity Vision with Bhutan's King

Bhutan, Sept. 24 -- Asian Development Bank (ADB) President Masato Kanda met with His Majesty The King Jigme Khesar Namgyel Wangchuck today to discuss ADB's partnership in advancing Bhutan's connectivi... Read More


ADB Approves First Health Sector Project in Turkmenistan

Turkmenistan, Sept. 24 -- The Asian Development Bank (ADB) has approved a $75 million equivalent loan and a $2 million grant from the Japan Fund for Prosperous and Resilient Asia and the Pacific (JFPR... Read More


African Development Bank launches its second Hybrid Capital transaction: a USD 500 million Perpetual Non-Call 10-year (Perp NC10) Hybrid Capital

Cote Dlvoire, Sept. 24 -- On Tuesday 23 September, the African Development Bank ("AfDB"), rated Aaa/AAA/AAA (Moody's/S&P/Fitch) successfully launched and priced its second hybrid capital transaction, ... Read More


African Development Bank Provides €30 Million Financing to Bridge Bank Cote d'Ivoire to Stimulate Local Business Expansion for Women

Cote Dlvoire, Sept. 24 -- The African Development Bank Group and Bridge Bank Group Cote d'Ivoire have signed an agreement establishing a €30 million financing facility to support small and mediu... Read More


EIB and European Commission support Palestine's economic resilience with €400 million facility for local businesses

Palestine, Sept. 24 -- After the approval of the European Investment Bank (EIB)'s Board in July, today, the EIB and the European Commission have announced at the UN General Assembly in New York the si... Read More


EBRD supports Ukraine's agribusiness sector

Ukraine, Sept. 24 -- The European Bank for Reconstruction and Development (EBRD) is guaranteeing US$5 million of risk for a new US$12.256 million loan by its partner bank, Credit Agricole Ukraine (CAU... Read More


EBRD and Banca Intesa sign first RSF project in Serbia

Serbia, Sept. 24 -- The European Bank for Reconstruction and Development (EBRD) is supporting the growth of PIP d.o.o., a leading tortilla producer in Serbia, through a risk-sharing agreement with Ban... Read More


IDB Lab Invests $2 Million in 500 LatAm Seed Fund IV to Empower Startups in Latin America and the Caribbean

United States, Sept. 24 -- IDB Lab, the Inter-American Development Bank Group's innovation and venture capital arm, announced a $2 million strategic investment in the 500 LatAm Seed Fund IV, managed b... Read More