Exclusive

Publication

Byline

RBI approves the voluntary amalgamation of Amarnath Co-operative Bank Ltd., Ahmedabad, Gujarat with The Kalupur Commercial Co-operative Bank Ltd., Ahmedabad, Gujarat

India, Dec. 12 -- The Reserve Bank of India, in exercise of the powers conferred under sub-section (4) of Section 44A read with Section 56 of the Banking Regulation Act, 1949, has sanctioned the Schem... Read More


ADB to Boost Workforce Skills Development in Timor-Leste

Timor-Leste, Dec. 12 -- The Asian Development Bank (ADB) and the Government of Timor-Leste today signed a $3 million grant agreement to support the Workforce Skills Development Project in Timor-Leste,... Read More


ADB Approves $108 Million Loan for Universal Health Coverage in Mizoram, India

India, Dec. 12 -- The Asian Development Bank (ADB) has approved a $108 million results-based loan to support the Government of Mizoram, India, in strengthening its public health care system and achiev... Read More


ADB Approves $240 Million Loan for Chennai Metro Expansion in India

India, Dec. 12 -- The Asian Development Bank (ADB) has approved a $240 million loan-the second tranche of the Chennai Metro Rail Investment Project-to support the expansion of the metro rail network a... Read More


African Development Bank report projects $1 trillion in additional GDP by 2035 with use of AI to enhance productivity

Cote Dlvoire, Dec. 12 -- The African Development Bank has released a report establishing a strategic roadmap for unlocking the economic and social potential of artificial intelligence (AI) across Afri... Read More


African Development Bank Approves €747 Million loan for first phase of Laghouat-Ghardaia-El Menea Railway

Algeria, Dec. 12 -- The Board of Directors of the African Development Bank Group has approved a €747.32 million loan to finance the first phase of the 495 km Laghouat-Ghardaia-El Menea railway l... Read More


African Development Fund approves $21 million grant to boost Djibouti's urban infrastructure, climate resilience and adaptation

Djibouti, Dec. 12 -- The Board of the African Development Fund has approved a grant of $21 million to upgrade critical urban infrastructure and boost climate resilience.With funding sourced from the A... Read More


African Development Bank and partners break ground on $223 million urban water sector reform and sanitation project in Ondo State

Nigeria, Dec. 12 -- The African Development Bank Group, in partnership with the Ondo State Government and Agence Francaise de Developpement (AFD), has broken ground for the Nigeria Urban Water Sector ... Read More


EBRD approves financing package for new partner bank in Mongolia

Mongolia, Dec. 12 -- The European Bank for Reconstruction and Development (EBRD) is supporting the development of businesses owned or led by young people or women entrepreneurs in Mongolia and facilit... Read More


EBRD lends €150 million to Morocco for Saiss Water Conservation Programme

Morocco, Dec. 12 -- The European Bank for Reconstruction and Development (EBRD) is extending a sovereign loan of up to €150 million to Morocco to finance the construction of a water distribution... Read More