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Foreign investors eyeing US$16 bln investments in Indonesia: INA

Foreign investors eyeing US$16 bln investments in Indonesia: INA
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Joint investment plan to boost vaccine manufacturing capacity in Africa - World

Joint investment plan to boost vaccine manufacturing capacity in Africa Format Office of Press Relations press@usaid.gov Today, the United States International Development Finance Corporation (DFC) in collaboration with the World Bank Group, Germany, and France, announced a joint investment to boost vaccine manufacturing capacity in Africa. As Vice Chair of DFC’s Board of Directors, I was proud to vote yes on this deal. This financing will enable a South African business to ramp up manufacturing capacity and produce more than 500 million doses of the Johnson & Johnson vaccine by the end of 2022. If the COVID-19 pandemic has revealed anything, it’s that vaccine manufacturing must be dramatically scaled up. Africa currently imports 99 percent of its vaccines. The United States is committed to sustainably boosting Africa’s vaccine manufacturing capacity and vaccine access, while taking bold, immediate action to help African nations fight COVID-19.

NDB Secures USD75Mn from the United States Development Finance Corporation

NDB Bank disclosed that they have secured a long term funding line of USD75Mn from the Development Finance Corporation of the United States to further the Bank’s support for the Small and Medium businesses and infrastructure funding during these challenging times. The United States is providing a welcome boost to Small and Medium businesses in Sri Lanka struggling with the impact of the pandemic.  The United States International Development Finance Corporation (DFC) is awarding a USD75M funding line to NDB Bank to support its work in expanding and strengthening the SME sector.  DFC is the development finance institution of the United States federal government, primarily

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