The Beijing-headquartered Asian Infrastructure Investment Bank (AIIB) has confirmed that it will open a hub office in Hong Kong - a move that will enhance its offshore financing capabilities and the city's role as a global financial centre. Preparatory work is in the pipeline and progressing well, the Post has learned from the bank. A formal announcement is expected to be made by AIIB President Jin Liqun, who is scheduled to address Hong Kong FinTech Week on Monday. The AIIB's second office outside mainl ...

Core Insights - Africa Finance Corporation (AFC) has secured a USD 100 million, 10-year term loan facility from FinDev Canada, marking its first transaction in the Canadian market and its inaugural partnership with FinDev Canada [1][3][5] Funding and Project Support - The facility will enhance AFC's funding base and support a growing pipeline of renewable energy and low-carbon transport projects across Sub-Saharan Africa, reinforcing the Corporation's commitment to climate-resilient infrastructure development [2][5] - The proceeds from the facility will enable AFC to deliver innovative financing solutions that address climate change, improve energy access, and promote sustainable economic growth [5] Strategic Partnerships - This transaction highlights the confidence of global partners in AFC's strong track record, governance standards, and execution capacity, positioning AFC as a preferred platform for channeling long-term sustainable capital into Africa's infrastructure sector [3][4] - FinDev Canada joins a diverse group of AFC's funding partners, which includes various international Development Finance Institutions, underscoring global investor confidence in AFC's credit profile and its strategy of delivering de-risked, transformational projects for Africa [4][5] Leadership Statements - AFC's Executive Board Member expressed delight in partnering with FinDev Canada, emphasizing the shared commitment to accelerating sustainable development through high-impact, climate-resilient infrastructure [5] - FinDev Canada's Vice President highlighted the importance of this transaction in supporting critical infrastructure financing in Sub-Saharan Africa and expanding their market presence in the region [5]

Building Supply Chain Resilience: Insights into Greening Value Chains for ASEAN A Collective Intelligence Playbook 2 Building Supply Chain Resilience: Insights into Greening Value Chains for ASEAN Bank Negara Malaysia (BNM) is a statutory body, established in 1959 to oversee Malaysia's monetary and financial stability. Governed by the Central Bank of Malaysia Act 2009, BNM is responsible for formulating monetary policy, issuing currency, managing international reserves, and promoting a sound progressive fin ...