Discover and read the best of Twitter Threads about #IFC

Most recents (6)

𝑻𝒉𝒆 𝒇𝒐𝒖𝒓𝒕𝒉 𝒑𝒓𝒊𝒏𝒄𝒊𝒑𝒍𝒆 𝒐𝒇 𝑵𝒆𝒙𝒕𝑮𝒆𝒏 𝑰𝑭𝑪𝒔:

Source: buildingSMART International (Léon van Berlo)

#openbim #ifc Image
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Read 4 tweets
#Pakistan Banking Sector M&A —
A Thread 🧵

Interesting things happening in 🇵🇰’s banking sector related to #GCC-based sponsors.

Samba Bank is leaving 🇵🇰 🔜 after parent entity’s merger with NCB in Saudi Arabia 🇸🇦, & MergeCo Saudi National Bank’s decision to divest some assets.
Silk Bank is on perpetual sale after its abysmal performance in #Pakistan 🇵🇰 despite benefitting from one of the highest equity injections till-date. It is to be sold 🔜 and IFC / Nomura / Bank Muscat / Gourmet Group along with others will take a massive hit on their investment.
In banking, the best combination is always *a strong sponsor with a strong management team*. If you can get that right, there’s no better business in #Pakistan.

However, if your institution does not benefit from either of the two, then the bank is highly likely to underperform.
Read 10 tweets
And there you have it! Seems confirmation of the "Guowang" (GW/国网) from Bao Weimin of #CASC/#CAS from the sidelines of the NPC.

No details other than "we will build a GW", but official recognition is big news @larrypress @Megaconstellati

🇨🇳🛰️

news.cnstock.com/news,bwkx-2021…
For context: Guowang is the long rumored major Chinese #LEO #broadband #constellation.

To now, the firmest evidence we had was several ITU filings (see tweet below), but with confirmation from Bao, we can now assume the project is "official"

An indication of sentiment in China about the project--Chinese #IFC WeChat group where the announcement was posted:

First message: Screenshot confirming Guowang
Second message: Finally it was officially announced

#OpenSecret 🇨🇳🛰️
Read 3 tweets
[THREAD] Une enquête de @TBIJ, avec @Disclose_ngo et le @guardian révèle que 2,3 milliards d'euros ont été versés à l’industrie de la viande et du lait par la #BERD et #IFC, deux des principales banques d'aide au développement de @Banquemondiale.
Principal bénéficiaire des financements de l’IFC et de la BERD : la filière laitière, avec plus de 890 millions d’euros investis en 10 ans. Les filières de la volaille et du porc ont obtenu 445 millions d’euros chacune.
@Disclose_ngo et ses partenaires ont découvert que ces fonds publics ont été largement mis au service de l’expansion de multinationales. Des géants de l’agrobusiness qui les ont utilisés pour construire des abattoirs et des "méga-fermes" industrielles à travers le monde.
Read 9 tweets
Lets talk about the initiatives by the #WorldBank - WB, #InternationalFinanceCorporation - IFC and #InternationalMonetaryFund - IMF in the fight against the spread of #COVID19...
The #WorldBank / #IFC US$14 billion package intended to #FastTrack financing to assist companies and countries in their efforts to prevent, detect and respond to the rapid spread of COVID-19. package aims to bolster national systems for public health preparedness...
The #IFC’s share of the US$14 billion-dollar package is US$8 billion. It will be used to support private companies and their employees adversely affected by the economic downturn caused by the #COVID19 outbreak...
Read 10 tweets
#BudgetwithMint|
Speech begins with a reference to 'new India' and the election result. Taking it as a validation of the performance of the government.
Validation of the two goals - national security and economic growth
#Budget2019
#BudgetwithMint|
Mazboot desh ke liye mazbooth nagrik
Empower the citizen to make the nation strong
Refers to Chanakya: Determined human effort leads to task completion
#Budget2019
#BudgetwithMint|
Vision for the decade:
Goal of USD 5trillion is the focus. The vision for the decade in 10 points.
Social infra, digital india, pollution free, make in india, water, space, self sufficiency in food grains and export, medical, clean India
#Budget2019
Read 83 tweets

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