Africa Finance Corporation deepens Asia funding with Korea Development Bank US$100 million loan facility

2 months ago Social News XYZ

Africa Finance Corporation (AFC) ( https://www.AfricaFC.org ), the leading infrastructure solutions provider in Africa, today announces the successful closing of a 5-year US$100 million loan facility from the Korea Development Bank (KDB). The credit from South Korea’s state-owned policy bank follows a recent US$389 Samurai loan facility from Japanese investors in October, as AFC leverages Asian capital markets. KDB acted as Mandated Lead Arranger in a US$400 million syndicated loan facility raised by AFC in 2021 to support post-pandemic recovery in Africa. Banji Fehintola, Senior Director & Treasurer of AFC, said: “We are pleased to have secured this loan facility from a highly rated finance institution such as the Korea Development Bank. AFC’s approach combines specialist industry expertise with a focus on financial and technical advisory, project structuring, project development and risk capital to address Africa’s infrastructure development needs and drive sustainable economic growth.
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United Nations Mission in South Sudan (UNMISS) Engineers from South Korea Rehabilitate Airstrip, Build Dykes to Combat Flooding

Until the past couple of years, climate change was the last thing on people’s minds in the world’s newest nation, South Sudan. To counter some of these effects, South Korean peacekeepers serving with the United Nations Mission in South Sudan (UNMISS) have used their engineering skills to rehabilitate the airstrip in Bor. "Floods have led to a huge increase in humanitarian needs,” explains Lieutenant-Colonel Sang-Jin Ahn, commander of the South Korean engineers. “The airstrip allows our humanitarian partners to supply much-needed aid to vulnerable people who live in hard-to-reach areas across Jonglei state. It is also essential for UNMISS peacekeepers to conduct air patrols to conflict hotspots,” he adds.

2 months ago Social News XYZ

Types of Photo Booth

A photo booth is a computerized visual cue or boutique that has an automatic camera and movie converter that is often banknotes. PurikuraPurikura is the term used in Japan to describe a photo booth or the stickers produced there. When Atlus finally made the decision to pursue Miho's concept, Sega, a well-known Japanese video game developer, assisted in its development. Photo booths during eventsFor a charge, a customer can lease a photo booth from firms who lease out photo booths for events. Leasing businesses typically just provide a photo booth operator to maintain the photo booth and assist visitors in creating the photo panel autograph book in conjunction with the photo studio and limitless photo clip copying.

2 months ago Social News XYZ

K-Pop Star Lee HongKi’s Music NFT Sold Out in About 1 Hour After Its Launch on Muverse!

As a top representative of the K-pop idol, Lee HongKi was enlisted on September 30, 2019 as an active duty soldier. Winter is coming as people approach year end but they can feel the heat wave in K-Pop music NFT space. View the full release here: https://www.businesswire.com/news/home/20221031005734/en/K-Pop star Lee HongKi’s music NFT sold out in about 1 hour after its launch on Muverse! Mr. Lee HongKi’s new track was released exclusively at Muverse and sold out in about 1 hour after its launch. In the future, more artists like Hongki Lee will join Muverse as star ambassadors and explore the future of web 3.0 music together with Muverse.

2 months ago Social News XYZ

Asian Elite Boxing: Indian male pugilists get into the act as five women reach finals

Alfiya Pathan (81+kg), Parveen (63kg) and Minakshi (52kg) were equally commanding in their respective semi-final wins as they dominated their bouts in the 5:0 wins by unanimous decision. Minakshi, on the other hand, was up against the 2021 Asian Championships bronze medallist Lutsaikhan Altantsetseg of Mongolia and the Rohtak-born boxer hardly had to break a sweat in her comfortable victory. On Thursday, five Indian men boxers including the six-time Asian medallist Shiva Thapa (63.5kg) and two-time Commonwealth bronze medallist Mohammad Hussamuddin (57kg) will be competing in the semifinals. When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.

2 months ago Social News XYZ

Winner Rahm rules the world as Korean Kim shows he is latest young star

La Quinta, Jan 23 (SocialNews.XYZ) Jon Rahm re-iterated that he is the hottest golfer in the world and Tim Kim showed that he is indeed the man from Asia. Rahm rose to the top of the FedEx Cup standings and Kim was second behind him. It was his ninth career PGA TOUR victory. However, his strong finish has pushed him up to second place on the latest FedExCup standings behind Rahm. So luckily the mentality is the same," said Rahm, who has won four times in his last six starts worldwide, including twice on the DP World Tour.

5 days ago Social News XYZ

Post-Covid recovery, inflation expected to top agendas in upcoming ASEAN summits

Phnom Penh, Nov 1 (SocialNews.XYZ) Post-Covid-19 pandemic recovery, rising global inflation and security issues are expected to be high on the agenda during the forthcoming 40th and 41st ASEAN Summits, officials said here on Tuesday. The 40th and 41st ASEAN Summits and related event are due to be held from November 11 to 13 in Phnom Penh, reports Xinhua news agency. "Given this background, the forthcoming ASEAN summits are very timely and relevant. "This mega-regional trade pact has been a key driving force for the region's economic recovery in the post-pandemic era," he told Xinhua. ASEAN (the Association of Southeast Asian Nations) groups Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam.

2 months ago Social News XYZ

Taeyoung E&C Selects Rimini Street to Replace Expensive and Low Value Vendor Support for its Mission-Critical Oracle ERP and Database Systems

Taeyoung E&C also benefits from Rimini Street’s industry-leading 10-minute Service Level Guarantee response time for critical Priority 1 cases, 24/7/365. “Taeyoung E&C now entrusts Rimini Street with its mission-critical enterprise software systems and can direct IT personnel to focus on innovation and strategic investments,” said Hyungwook “Kevin” Kim, regional general manager, Rimini Street Korea. “We look forward to investing in our future with Rimini Street as a strategic IT partner.”Explore the Rimini Street portfolio of ultra-responsive services at riministreet.com/solutions. Rimini Street anticipates that subsequent events and developments will cause Rimini Street’s assessments to change. “Rimini Street” is a registered trademark of Rimini Street, Inc. in the United States and other countries, and Rimini Street, the Rimini Street logo, and combinations thereof, and other marks marked by TM are trademarks of Rimini Street, Inc. All other trademarks remain the property of their respective owners, and unless otherwise specified, Rimini Street claims no affiliation, endorsement, or association with any such trademark holder or other companies referenced herein.

2 months ago Social News XYZ

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