ADB, GreenYellow Sign Deal

ADB, GreenYellow Sign Deal for Commercial and Industrial Rooftop Solar in Viet Nam

HO CHI MINH CITY, VIET NAM (11 September 2023) — The Asian Development Bank (ADB) and GreenYellow Smart Solutions Vietnam Co., Ltd. (GreenYellow), have signed a loan agreement of up to $13.8 million for rooftop photovoltaic (PV) solar systems to help increase the supply of clean and affordable energy for commercial and industrial consumers in Viet Nam.  The loan will support the development and operation … Continue reading ADB, GreenYellow Sign Deal for Commercial and Industrial Rooftop Solar in Viet Nam

FRANCE & BANGLADESH INK €184M CREDIT FACILITY AGREEMENT AS FRENCH PRESIDENT EMMANUEL MACRON MAKES LANDMARK VISIT TO DHAKA

FRANCE & BANGLADESH INK €184M CREDIT FACILITY AGREEMENT AS FRENCH PRESIDENT EMMANUEL MACRON MAKES LANDMARK VISIT TO DHAKA

PUBLISHED ON 11 SEPTEMBER 2023 In Presence Prime Minister of Bangladesh, Sheikh Hasina and of French President Emmanuel Macron, representatives of the Ministry of Finance signed a credit facility agreement with Agence Française de Développement (AFD) today. The Credit Facility Agreement of €184M was inked to support urban governance and Infrastructure improvement in Bangladesh. This concessional loan will help the Urban Governance and Infrastructure Improvement or … Continue reading FRANCE & BANGLADESH INK €184M CREDIT FACILITY AGREEMENT AS FRENCH PRESIDENT EMMANUEL MACRON MAKES LANDMARK VISIT TO DHAKA

Early Warnings For All Action Plan for Africa is launched

Early Warnings For All Action Plan for Africa is launched

4 September 2023, Press Release Number: 04092023-2 Africa is vulnerable to droughts, floods, tropical cyclones and heatwaves Only 40% of the African population has access to early warning systems Early Warnings plan for Africa seeks to improve accuracy, accessibility and action Action plan is tailored to continent’s challenges, strengths and institutional arrangements Nairobi, Kenya, 4 September 2023 (WMO) – A new Early Warnings for All Action Plan … Continue reading Early Warnings For All Action Plan for Africa is launched

ASIA BOND MONITOR

Higher Rates Remain a Risk for Emerging East Asia Borrowers

MANILA, PHILIPPINES (11 September 2023) — Governments and central banks in emerging East Asia need to stay vigilant to guard against potential financial risk associated with higher interest rates, according to a report by the Asian Development Bank (ADB). Softening inflation in the past several months has allowed most central banks in the region to hold off on further interest rate hikes, and some have … Continue reading Higher Rates Remain a Risk for Emerging East Asia Borrowers

Senegal

Migrant boat capsizes off Cape Verde; more than 60 people feared

August 17, 2023 Boat departed Senegalese fishing community of Fasse Boye on July 10 with 101 people onboard More than 60 migrants have possibly lost their lives after a boat carrying them was found capsized at Cape Verde peninsula of Senegal in the West African region, as per the official notice. Thirty-eight people, including children, were rescued, BBC reported, adding that footage showed survivors being helped ashore … Continue reading Migrant boat capsizes off Cape Verde; more than 60 people feared