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CCI approves acquisition by Opal Bidco Pte. Ltd. of 100% shareholding in STT GDC Pte. Ltd.

India, July 15 -- The Competition Commission of India (CCI) has approved acquisition by Opal Bidco Pte. Ltd. of 100% shareholding in STT GDC Pte. Ltd.The proposed combination involves the acquisition ... Read More


Cabinet approves Mobile Phone Manufacturing Scheme (MPMS)

India, July 15 -- The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the Mobile Phone Manufacturing Scheme (MPMS) with a budgetary outlay of Rs 62,500 crore (Rupees Sixty-... Read More


Cabinet approves Semicon 2.0 - Government delivers on its commitment for a long-term policy support to Semiconductors in India

India, July 15 -- The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the Semicon 2.0 for the development of India's semiconductor design and manufacturing ecosystem, with ... Read More


African Development Bank Group signs $10.75 million Trade Finance Facility with Intercontinental Investment Bank East Africa to support SMEs and women entrepreneurs

Djibouti, July 15 -- The African Development Bank signed a US$10.75 million Trade Finance Transaction Guarantee Facility with Intercontinental Investment Bank (iib East Africa), based in Djibouti. Sig... Read More


Fifteen years of AECID-EIB partnership: turning public capital into private sector growth across the Mediterranean

Spain, July 15 -- The Spanish Agency for International Development Cooperation (AECID) and the European Investment Bank (EIB) are marking 15 years of partnership supporting private sector development,... Read More


EIB Group deepens engagement with Hungary to turn reform priorities into investment and better living standards

Hungary, July 15 -- EIB Vice-President Marko Primorac visited Budapest on 14 July to engage with key public-sector partners in Hungary and identify where the EIB Group can best support Hungary's econo... Read More


Kreda and the European Investment Fund to allocate up to €70 million for sustainable investments

Luxembourg, July 15 -- The Kreda credit union group, administered by the United Central Credit Union (UCCU), has signed a strategic cooperation agreement with the European Investment Fund (EIF) to pro... Read More


Promoting sustainable tourism in Albania

Albania, July 15 -- The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) are helping Albania strengthen its tourism sector through investments in infrastructure, loc... Read More


World Bank Approves $140 Million to Improve Road Connectivity in Senegal's Northern and Central Agricultural Areas

Senegal, July 15 -- The World Bank approved a second additional financing of EUR 119.6 million, equivalent to $140 million, for the Republic of Senegal under the Enhancing Connectivity in the Northern... Read More


World Bank Group and ISDA Join Forces to Strengthen Derivatives Markets in Developing Economies

United States, July 15 -- The World Bank Group institutions (IBRD, IDA and IFC) and the International Swaps and Derivatives Association, Inc. (ISDA) today signed a Memorandum of Understanding (MoU) to... Read More