On December 5, 2023, New Development Bank (NDB) returned to the South African bond market with a second successful ZAR bond issuance in the year. The book was well supported with over ZAR 1.6 bln in bids across both the 3- and 5-year tranches enabling NDB to exercise its option to upsize the trade from ZAR 1 bln to ZAR …
Continue ReadingNDB provides financing for sustainable development programs in the largest country in Latin America. Another USD 1 billion loan was signed by the Bank in October with the Brazilian Government. On Wednesday, December 6th, Brazil signed two loans totaling USD 1.7 billion with the New Development Bank (NDB). His Excellency, the President of the Federative Republic of Brazil, Luiz Inácio …
Continue ReadingAhmedabad, India, January 12, 2024 –NDB Vice President and Chief Operations Officer, Vladimir Kazbekov, concluded a four-day visit to India, to deepen partnership opportunities in various sectors of mutual interest, including renewable energy, transportation, water and sanitation, and social and digital infrastructure. He also participated in the 10th edition of the Vibrant Gujarat Summit and spoke about resilient supply chains …
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On January 18, 2024, H.E. Mrs. Dilma Rousseff, President of the New Development Bank (NDB) met with H.E. Dr. Muhammad Al Jasser, President of the Islamic Development Bank (IsDB), at NDB’s headquarters in Shanghai, China. Mrs. Dilma Rousseff and Dr. Muhammad Al Jasser explored ways in which the two institutions could cooperate to promote inclusive growth and sustainable development. Both …
Continue ReadingOn December 27, 2023, New Development Bank (NDB) successfully concluded the signing of its debut syndicated term loan facility (Syndicated Loan) of USD 2 billion (base amount of USD 1.25 billion and greenshoe option of USD 0.75 billion). The Syndicated Loan was well supported and NDB received commitments totalling USD 2.59 billion from 15 financial institutions, allowing NDB to exercise …
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On January 23, 2024, a high-level delegation from the New Development Bank (NDB) concluded their inaugural visit to Bangladesh to strengthen ties and explore potential collaborations for Bangladesh’s infrastructure and sustainable development initiatives. The delegation was headed by the NDB’s Vice-President and Chief Operating Officer, Mr. Vladimir Kazbekov. During the visit, the delegation met with the newly appointed Finance Minister, …
Continue ReadingOn January 31, 2024, the New Development Bank (NDB) issued a RMB 6 billion 5-year Panda bond priced at 2.66% in the China Interbank Bond Market. This transaction has become not only the largest ever 5-year Panda bond issuance, but it also marked the first issuance of a Panda bond this year in the China Interbank Bond Market by a …
Continue ReadingNew Development Bank’s delegation, led by Vice-President and Chief Operations Officer, Vladimir Kazbekov, concluded a four-day visit to Egypt to discuss financing opportunities in various infrastructure and sustainable development sectors including airports, water, energy and social infrastructure. Mr. Kazbekov engaged in high-level discussions with key ministers, including the Minister of Finance, Dr. Mohamed Maait; Minister of International Cooperation, Dr. Rania …
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Today’s podcast discusses: Content creators registering with CAC, paying taxes Carbon’s acquisition of Vella Finance Subscribe to our newsletters The Modern Workplace, Equity Merchants, Techpoint Digest, and Intelpoint’s newsletter Timestamps 00:00 – Intro 01:44 – CAC and content creators 12:54 – Carbon acquires Vella Finance Useful links CAC says content creators must register, pay taxes Carbon acquires Nigerian fintech startup …
Continue Reading🎙Why do governments need to invest in agro-processing infrastructure and long-term financing, and how are the opportunities in the Middle East market present to Africa? 🎙The JSE All Share index rose about 0.3% to finish at 73,218. 🎙Tunisia’s economy contracted by 0.2% year-on-year in the fourth quarter of 2023, following an upwardly revised 0.3% decline. 🎙Nigeria’s annual inflation rate climbed …
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