Wednesday, 27 August 2014
Last updated 2 hours ago
Nov 11 2009 | 8:49am ET
At the close of two days of discussion on cooperation between China and Africa in Sharm el-Sheikh, Egypt, China announced $10 billion in cheap loans to the continent, including funding for clean energy projects.
Beijing emerged from the China-Africa Cooperation Conference pledging to “work within its means to increase aid to Africa, reduce or cancel debts on African countries, in addition to increasing investments in Africa and open more markets,” according to Egypt’s state-run Middle East News Agency.
China promised to construct 100 new clean energy projects, but offered no further details on the types of undertakings to be funded.
China’s Foreign Ministry spokesman Qin Gang told reporters China will “listen to the suggestions of the African countries and we will take into consideration the specific situation of [each] country, so as to map out the plan for the future use of those loans.”
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...