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AFRICAN DEVELOPMENT BANK
Sunday inspirational quote of the day by Mark Twain: 'A full belly is little worth where the mind is starved' What American author said about life's purpose and how life is beyond material comfortMark Twain, a celebrated American author, emphasized that true fulfillment requires more than just material comfort. His famous quote, "A f...- Morocco pitches itself as India's gateway to Europe and AfricaMorocco is emerging as a key hub for Indian industries. The nation offers a strategic gateway to European and African markets. This collabo...
- On This Day, June 4: Iran's supreme leader elected, women's suffrage bill passed, ATM patent approved, D-Day delayed, first shopping cart introduced, Henry Ford's first car ride and National Hug Your Cat DayJune 4 marks a day of global historical significance. Major events include the Tiananmen Square crackdown, the liberation of Rome in World ...
- AIIB announces USD 10 bn fund facility to support countries hit by West Asia conflictSupplementing AIIB's regular financing instruments, the facility offers a time-bound financing envelope of up to USD 10 billion over two ye...
- Quote of the Day by Martin Luther King Jr.: 'Darkness cannot drive out darkness; only...'—Inspiring quotes by American civil rights activist and one of the greatest nonviolent leaders in world historyQuote of the day: Martin Luther King Jr.'s powerful message that light overcomes darkness and love conquers hate remains relevant. His life...
- India pitches for wider financial sector engagement with AfricaAhead of the India Africa Forum Summit, officials urged deeper engagement with African financial institutions and enhanced insurance for pr...
- Stocks in news: HCL Tech, Vedanta, Jio Financial, IndusInd Bank, Suzlon EnergyMarkets are cautious as a ceasefire nears expiry. Oil prices rose, and the rupee weakened, sparking inflation worries. Investors are watchi...
- IMF, World Bank meetings show limits in mitigating shocks, reliance on US for solutionsGlobal finance leaders met amid Middle East war news. They acknowledged their limited ability to counter economic damage from frequent geop...
- MDBs to deepen collaboration to support nations amid heightened global uncertaintyGlobal development banks are joining forces to help countries navigate economic challenges. They are combining resources and knowledge to m...
- West Asia war to hit growth, trigger cascading impact: World Bank President BangaThe World Bank warns of significant global economic fallout from the West Asia conflict. Even a ceasefire will cause disruptions. If the wa...
- How regionalism has helped Africa manage the COVID-19 pandemicThe fear that Africa would be the epicentre of the pandemic was fuelled by a few factors. One was the presence of overcrowded informal sett...
- Benin, Rwanda and Djibouti to join Asian Infrastructure Investment BankAIIB’s Board of Governors approved the resolution welcoming the three prospective African members during the Bank’s fourth annual meeting h...
- Solar power will drive us towards goal of universal energy access: ISA chief
- Prime Minister Modi to open African Development Bank event in GujaratThe 2017 Annual Meetings will be held on May 22-26 at Mahatma Mandir on the theme: "Transforming Agriculture for Wealth Creation in Africa."
- Ahmedabad gathering: African Development Bank's first meet outside AfricaThe meeting will be attended by top leaders of Ivory Coast, Senegal and Benin, besides the finance ministers and central bank governors of ...
- Africa wants Indian companies to invest in power, infrastructureAfrican Development Bank (AfDB) would like to accelerate engagement with Indian government in terms of doing business in Africa.
- CARE likely to sell up to 22% in Mauritian arm to 2 leading Mauritain banks, African Development BankMauritius Commercial Bank and State Bank of Mauritius may buy 5-6% each in Credit Ratings (Africa), African Development Bank may pick up a ...
- P Chidambaram appointed India's Governor on African Development Bank boardAlso, Arvind Mayaram has been appointed as India's alternate Gov on the Board of Governors of the African Development Bank.
- India commits $ 6.7 mn to African bankIndia has agreed to donate $ 6.7 mn to the African Development Bank (AfDB) to conduct studies on the development projects in the continent.
- Jaswant Singh in African Development Bank BoardFinance Minister Jaswant Singh has been appointed as India's governor on the Board of Governors of the African Development Bank.
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