Posted to the web 19 August 2008 Nairobi The Tanzania government is quietly holding talks with the Chinese Development Bank with a view to selling its 49 per cent share in the troubled Air Tanzania Company Ltd to a private...
China Development Bank, a development-oriented major financial institution in China, on Thursday signed an agreement with the PTA Bank on providing the latter a 50 million U.S. dollar line of credit. "The funding will go...
The Banco de Chile signed a three-year 100-million-U.S.-dollar loan on Thursday with the China Development Bank (CDB), the Chilean bank said. The loan is part of a free trade agreement signed by Chile and China in April during...
Posted to the web 15 August 2008 Philip Wahome Nairobi The telecommunication industry is set to be the biggest beneficiary of a Sh3.3 billion loan ($50 million) facility signed between two development finance institutions on...
The China Development Bank plans further African farming investments as the continent tries to raise output to curb food inflation and shortages said Governor Chen Yuan. An oil and commodities boom has brought Africa billions...
In an article on newmatilda.com, Hannah Edinger examines China’s influence in the Africa. Most interestingly, she discusses the opaque nature of China’s foreign aid to the continent: [...] Through FOCAC, China’s Ministries of...
A commission of the Economic Community of West African States (ECOWAS) has met here for preparation of the first China-ECOWAS economic and trade forum, Radio Lome reported Sunday. The forum will be held on Sept. 23-27 in...
Uncertainty comes with the job description if you go work for Dresdner Kleinwort, but even by the standards of the firm's tulmultous recent history (abortive mergers with Deutsche and Commerzbank, takeover by Allianz and that...
The German insurance company Allianz has struggled to find a buyer for its banking unit, Dresdner, in the face of subprime write-downs and a tight credit market. A sale is considered a crucial step in the consolidation of the...
2008-08-08 Beijing Alcoa will become the largest competitor of China Development Bank in a Guinea-located bauxite project worth billions of dollars. Ousmane Dore, Guinean Economy and Finance Minister, said that the country has...