The global banking industry has been undergoing fundamental changes that have been creating expansion opportunities for new players in international markets, according to a recent report titled International Banking Platforms: The New Imperatives
Banking & Finance
World Bank loans to boost ICT in Mauritania and Togo
The investments are expected to expand access, improve quality of voice and Internet communications and serve as the backbone for greater private sector investment in ICT services. (Image source: breahn/Flickr)
The World Bank has approved two US$30mn credits to support efforts to strengthen telecommunications connectivity through fiber-optic broadband network expansion in Mauritania and Togo
African Development Bank invests US$11 billion in COMESA
The African Development Bank (AfDB) has invested US$11bn in infrastructure development across the COMESA region in the last five years
AfDB pledges US$18 million to support Somalia’s reconstruction
AfDB has appealed for a rapid action on the process of clearing the country’s external debt so that development activities can be taken up. (Image source: Utenriksdept/Flickr)
The African Development Bank has pledged its support for Somalias reconstruction with a commitment of US$18mn over a period of three years
Multilateral development partners pledge African support
Donald Kaberuku, AfDB president. (Image source: AfDB)
Leaders of the African Development Bank (AfDB), International Monetary Fund (IMF), World Bank, European Bank for Reconstruction and Development (EBRD), and Inter-American Development Bank (IADB) have pledged their close cooperation to support development
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