Mark Malloch-Brown Tapped as President of Open Society Foundations philanthropy.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philanthropy.com Daily Mail and Mail on Sunday newspapers.
11 December 2020 / 15:47
December 11 (BTA) - Deputy Prime Minister and Foreign Minister Ekaterina Zaharieva on Friday welcomed a decision by the Board of Directors of the US International Development Finance Corporation (DFC) to contribute 300 million dollars to the Three Seas Initiative Investment Fund. The DFC Board meeting was chaired by Secretary of State Mike Pompeo, who is a Board member. The Three Seas Initiative is a forum of 12 EU member states in Central and Eastern Europe (including Bulgaria) for promoting regional dialogue on various matters. The focus is on the development of infrastructure in the energy, transport and digital sectors. In a press release on Thursday, DFC said its 300 million dollar investment in the Three Seas Initiative Investment Fund aims to help Central and Eastern European countries bolster their energy security.
iAfrica 4 months ago 1 min read
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The U.S. International Development Finance Corporation (DFC) has joined a push into Africa’s rapidly growing data storage market with a $300 million investment in the data storage arm of Johannesburg-based Liquid Telecom. Zimbabwean telecoms billionaire Strive Masiyiwa, whose Econet Group controls Liquid, has already staked the potential of investment into data centres in South Africa, Kenya, and Nigeria. The African region’s data centre market, which currently accounts for just 1% of global available capacity, is expected to grow to $3 billion by 2025, building on a robust growth rate of more than 12% per year. The DFC now wants its $300 million investment to go into “acquisition and expansion of existing data centre assets” in Kenya and South Africa as well as to facilitate ADC’s “entry into new markets” i
DFC Approves Over $2 1 Billion in New Investments for Global Development, I B Liberia To Get $20 Million gnnliberia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gnnliberia.com Daily Mail and Mail on Sunday newspapers.