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West African Development Bank
The West African Development Bank - WADB (fr. Banque Ouest Africaine de Développement - BOAD / pt. Banco de Desenvolvimento do Oeste Africano - BDOA) was established in 1973 to serve the nations of Francophone and Lusophone West Africa. The BOAD is organised by the Central Bank of West African States and its eight member governments: Benin, Burkina Faso, Guinea Bissau, Côte d'Ivoire, Mali, Niger, Senegal and Togo. It is funded by member states, foreign governments and international agencies. Its headquarters are in Lomé, Togo. Creation The BOAD was created on 14 November 1973 by member states of the West African Monetary Union (WAMU). The original charter focused on development of member economies towards balanced development and to prepare economies for future West African economic integration. In 1994, it became the development arm of the West African Economic and Monetary Union (WAEMU/UEMOA). Structure Since that time several international organisations have become mem ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Development Finance Institution
Development finance institution (DFI), also known as a Development bank, is a financial institution that provides risk capital for economic development projects on a non-commercial basis. DFIs are often established and owned by governments or nonprofit organizations to finance projects that would otherwise not be able to get financing from commercial lenders. They are often structured as a company that provides loans for projects that a government or nonprofit wants to encourage for non commercial reasons. They can be at a local, national or international level. DFIs include multilateral development banks, national development banks, bilateral development banks, microfinance institutions, community development financial institution and revolving loan funds.Andrea Levere, Bill Schweke, and Beadsie Woo, Development Finance and Regional Economic Development, Washington, DC: CFED, July 2006 Mandate DFIs can play a crucial role in financing private and public sector invest ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Senegal
Senegal, officially the Republic of Senegal, is the westernmost country in West Africa, situated on the Atlantic Ocean coastline. It borders Mauritania to Mauritania–Senegal border, the north, Mali to Mali–Senegal border, the east, Guinea to Guinea–Senegal border, the southeast and Guinea-Bissau to Guinea-Bissau–Senegal border, the southwest. Senegal nearly surrounds The Gambia, a country occupying a narrow sliver of land along the banks of the Gambia River, which separates Senegal's southern region of Casamance from the rest of the country. It also shares a maritime border with Cape Verde. Senegal's capital is Dakar. Senegal is the westernmost country in the mainland of the Old World, or Afro-Eurasia. It owes its name to the Senegal River, which borders it to the east and north. The climate is typically Sahelian, though there is a wet season, rainy season. Senegal covers a land area of almost and has a population of around 18 million. The state is a Presidential system ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Development In Africa
International is an adjective (also used as a noun) meaning "between nations". International may also refer to: Music Albums * ''International'' (Kevin Michael album), 2011 * ''International'' (New Order album), 2002 * ''International'' (The Three Degrees album), 1975 *''International'', 2018 album by L'Algérino Songs * The Internationale, the left-wing anthem * "International" (Chase & Status song), 2014 * "International", by Adventures in Stereo from ''Monomania'', 2000 * "International", by Brass Construction from ''Renegades'', 1984 * "International", by Thomas Leer from ''The Scale of Ten'', 1985 * "International", by Kevin Michael from ''International'' (Kevin Michael album), 2011 * "International", by McGuinness Flint from ''McGuinness Flint'', 1970 * "International", by Orchestral Manoeuvres in the Dark from '' Dazzle Ships'', 1983 * "International (Serious)", by Estelle from '' All of Me'', 2012 Politics * Internationalism (politics) * Political international, a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Micro-credit
Microcredit is the extension of very small loans (microloans) to impoverished borrowers who typically do not have access to traditional banking services due to a lack of collateral, steady employment, and a verifiable credit history. The primary aim of microcredit is to support entrepreneurship, facilitate self-employment, and alleviate poverty, particularly in low-income communities The United Nations declared 2005 as the International Year of Microcredit to raise awareness of microfinance as a strategy for poverty reduction and financial inclusion. By the early 2010s, microcredit had expanded significantly across developing countries, with estimates suggesting that more than 200 million people were beneficiaries of microcredit services worldwide. While widely adopted, the effectiveness of microcredit remains debated, with mixed evidence on its long-term impact on poverty alleviation. Despite its widespread adoption, the impact of microcredit on poverty alleviation remains con ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Abdoulaye Bio-Tchane
Abdoulaye is a West African masculine given name and surname. It is equivalent to the Arabic names Abdallah or Abdullah ( ''ʿAbdu-llahi''; ''servant of God''), given name of Muhammad's father. People with this name include: Given name Footballers * Abdoulaye Keita (Guinean footballer), Guinean goalkeeper of the 1970s and 1980s * Abdoulaye Sarr (born 1951), Senegalese coach *Abdoulaye Kaloga (born 1959), Malian midfielder * Abdoulaye Sogue (born 1965), Senegalese striker * Abdoulaye Traoré (Ivorian footballer) (born 1967), striker *Abdoulaye Traoré (Burkinabé footballer) (born 1974), midfielder * Abdoulaye Coulibaly (footballer born 1976), Ivorian defender *Abdoulaye Demba (born 1976), Malian forward *Abdoulaye Faye (born 1978), Senegalese defender * Abdoulaye Khouma Keita (born 1978), Senegalese defender * Abdoulaye Soulama (born 1979), Burkinabé goalkeeper * Abdoulaye Camara (born 1980), Malian defender *Abdoulaye Méïté (born 1980), Ivorian centre-back * Abdoulaye Soumaré ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
People's Bank Of China
The People's Bank of China (officially PBC and unofficially PBOC) is the central bank of the People's Republic of China. It is responsible for carrying out monetary policy as determined by the ''PRC People's Bank Law'' and the ''PRC Commercial Bank Law''. The PBC was established in 1948 as the bank serving areas of mainland China under Chinese Communist Party (CCP) control and became China's sole central bank after the founding of the People's Republic of China in 1949. From 1969 to 1978, the PBC was demoted to a bureau of the Ministry of Finance. The PBC was extensively reformed during the 1990s, when its provincial and local branches were abolished, instead opening nine regional branches. In 2023, these reforms were reversed as when the regional branches were abolished and the provincial branches restored, and new arrangements essentially ended the PBC's longstanding role in financial supervision. The PBC is the 25th-ranked of 26 ministerial-level departments of the St ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Export And Import Bank Of India
An export in international trade is a good produced in one country that is sold into another country or a service provided in one country for a national or resident of another country. The seller of such goods or the service provider is an ''exporter''; the foreign buyer is an ''importer''. Services that figure in international trade include financial, accounting and other professional services, tourism, education as well as intellectual property rights. Exportation of goods often requires the involvement of customs authorities. Firms For any firm, Global expansion strategies may include: * Franchising, * Turn Key Project, * Export, * Joint Venture, * Licensing, * Creating an owned subsidiary, * Acquisition, * Merger, etc. Exporting is mostly a strategy used by product based companies. Many manufacturing firms begin their global expansion as exporters and only later switch to another mode for serving a foreign market. Barriers There are four main types of export ba ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European Investment Bank
The European Investment Bank (EIB) is the European Union's investment bank and is owned by the 27 member states. It is the largest multilateral financial institution in the world. The EIB finances and invests both through equity and debt solutions companies and projects that achieve the policy aims of the European Union through loans, equity and guarantees. The EIB focuses on the areas of climate, environment, small and medium-sized enterprises (SMEs), development, cohesion and infrastructure. It has played a large role in providing finance during crises including the 2008 financial crisis and the COVID-19 pandemic. Over 60 years since its inception in 1958 to 2018 the EIB has invested over 1.1 trillion euros. It primarily funds projects that "cannot be entirely financed by the various means available in the individual Member States". The EIB is one of the biggest financiers of Sustainable finance, green finance in the world. In 2007, the EIB became the first institution in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
African Development Bank
The African Development Bank Group (AfDB, also known as BAD in French) is a multilateral development finance institution, headquartered in Abidjan, Ivory Coast since September 2014. The AfDB is a financial provider to African governments and private companies investing in the regional member countries (RMC). The AfDB was founded in 1964 by the Organisation of African Unity, which is the predecessor of the African Union. The AfDB comprises three entities: The African Development Bank, the African Development Fund and the Nigeria Trust Fund. History Following the end of the colonial period in Africa, a growing desire for more unity within the continent led to the establishment of two draft charters: one for the establishment of the Organization of African Unity (established in 1963, later replaced by the African Union) and one for a regional development bank. A draft accord was submitted to top African officials and then to the Conference of Finance Ministers on the Estab ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
West African Economic And Monetary Union
The West African Economic and Monetary Union, generally referred in English to by its French acronym UEMOA (for Union Économique et Monétaire Ouest-Africaine) and alternatively as WAEMU, is a treaty-based arrangement binding together eight West African states within the larger Economic Community of West African States, seven of which were previously colonies of French West Africa. It was established to promote monetary and financial stability as well as economic integration among countries that share the West African CFA franc (ISO 4217: XOF) as a common currency. From 1962 to 1994, it was known as the West African Monetary Union (WAMU or, in French, UMOA for ''Union Monétaire Ouest-Africaine''). Territorially, UEMOA mostly overlaps with another regional organization, the Economic Community of West African States, ECOWAS. UEMOA common institutions include its Council of Heads of State () and Council of Ministers; Commission, Court of Justice, and Court of Accounts (all in Ou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
