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WB, AIIB approve funding for Metro Manila Flood Management Project

WB, AIIB approve funding for Metro Manila Flood Management Project

by SIF Comm Team | Sep 29, 2017 | MDBs & Infra News

The World Bank (WB) and the Asian Infrastructure Investment Bank (AIIB) will provide funding to improve flood management in select drainage areas in Metro Manila. Flood events, particularly during the typhoon season from June to October, are a recurring problem in...
AIIB: Up to USD 210 million in financing to support 11 solar power projects in Egypt

AIIB: Up to USD 210 million in financing to support 11 solar power projects in Egypt

by SIF Comm Team | Sep 5, 2017 | MDBs & Infra News

The Asian Infrastructure Investment Bank (AIIB) announced up to USD 210 million in debt financing to tap Egypt’s renewable energy potential. This solar power project will increase Egypt’s power generation capacity, reduce the country’s dependence on gas and fuel for...

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