Global foreign direct investment fell by 41% in 2018
Global foreign direct investment (FDI) fell by 41% in the first half of 2018, to an estimated $470 billion from $800 billion in the same period in 2017 .
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Author: newbusiness
African Development Bank, Room2Run securitization model for global lenders
Room2Run, the African Development Bank and partners’ innovative $1 billion synthetic securitization of a portfolio of seasoned African Development Bank private sector loans, is set to serve as a model for other lenders. It also helps reduce costs, and shorten execution time, according to finance experts.
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Innovative finance, new technology connect underserved populations
New technology and blended finance will help to bridge the “last mile” of the infrastructure gap by getting goods and services to end users, and connecting underserved populations to business value chains, said the African Development Bank (AfDB).
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Eastern Africa gets strategy to accelerate economic transformation
The African Development Bank has approved the East Africa Regional Integration Strategy Paper (RISP) laying out the roadmap for accelerating regional integration in the Region with regional infrastructure development among the main pillars of the plan.
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Ethiopian Airlines pioneers 1st GEnx Engine repair in Africa
Ethiopian Maintenance & Engineering Services, the largest and oldest aircraft maintenance centre in Africa, has become the first in Africa with capability to repair the GEnx Engine, which powers the Boeing 787 aircraft.
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Military, transport helicopters of 21st century
By Col. Jamal Ahmed – I watched recently a video review of some of the best helicopters and I was amazed about how the technology is advancing. Based on that review I tried to do some extra research and write a brief article about the technology comparing a couple of helicopter models.
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