久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

US EUROPE AFRICA ASIA 中文
Business / Economy

AIIB to accelerate investment trends in Africa

(Xinhua) Updated: 2015-03-26 11:20

NAIROBI -- The ongoing preparations to launch the China-backed Asian Infrastructure Investment Bank (AIIB) will further transform the investment climate in Africa, and lead to lower cost of finance while boosting competition in the international financial markets, analysts have said.

Gerishon Ikiara, Associate Director at the Nairobi University's Institute of Diplomacy and International Studies, said the creation of the AIIB will raise the profile of China as a leading force in global lending and investment trends in the 21st century.

"It will also improve the available global investment resources and increase the level of competition in the global financial markets," Ikiara told Xinhua.

China is leading efforts to have the proposed bank launched, with 21 countries having signed up to a Memorandum of Understanding (MoU) in support of the AIIB.

African countries have limited opportunities accessing long-term finance for infrastructure projects because of their under-developed capital and financial markets. There are limited infrastructure bonds issued by African states due to what experts at the World Bank attribute to lack of investment banking skills.

Studies by the World Bank cite the unwillingness by investors to buy long-term financial instruments not supported by cash refunds like easy access to bank loans based on an agreed maturity period.

"These resources will increase the level of competition in the global financial markets and reduce the monopoly that the West has enjoyed in the past," Ikiara said.

The proposed AIIB is expected to be formally established by the end of 2015, with an initial subscribed capital of $50 billion. At least 27 countries, including Britain, Germany, France and Italy, have expressed an interest in joining its board as founding members.

Ikiara said the proposed bank will accelerate infrastructure development and investment in Africa and other developing countries.

"The readiness and willingness of the key European countries (to support the proposed bank) is an indication that European countries recognize China's growing role in many sectors of the global economy can no longer be ignored or underrated," he said. "It makes sense to cooperate with China in these types of ventures. "

For Africa, the proposed investment bank is considered a potential solution to a financial environment dominated by aid and export-driven economic booms and breakdowns in the past.

"The AIIB is a major and welcome development in terms of widening choices of sources of financial resources," said Ikiara. "Already many African countries have utilized funds from the Chinese Exim Bank and will see the new bank as further good news."

The countries in the Eastern African region are currently engaged in projects aiming to expand electricity generation and distribution across borders and are also investing in renewable energy sources.

"The AIIB is expected to accelerate this process in terms of expansion and modernization of various general investments, general infrastructure and business opportunities," he said.

Professor Macharia Munene, an international affairs with Nairobi-based United States International University, also said the AIIB's bias towards infrastructure development is of particular appeal to Africa, which is currently trying to open up their countries to facilitate movement of goods and services, and to lower the cost of doing business.

"The opening of AIIB can only be as positive as a stimulant to global economic growth. It can and should venture into global investment zones that few think about. It can pioneer new activities and it should," Munene said.

He added that with growing international interest on the proposed bank, countries around the world would benefit from large sources of infrastructure financing as a result of lower cost of borrowing for infrastructure projects brought by the bank.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 亚洲伊人色综合网站小说 | 欧美性巨大欧美 | 久久精品呦女 | avtt加勒比手机版天堂网 | 亚洲国产第一区二区香蕉日日 | 日本免费高清视频二区 | 三级视频在线播放 | 欧美性一区二区三区 | 三级黄色片网站 | 日本一区午夜爱爱 | 中文字幕一区二区三区在线观看 | 日韩在线三级视频 | 欧美一级性 | 亚洲一级视频在线观看 | 天天鲁天天爱天天鲁天天 | 窝窝午夜看片七次郎青草视频 | 九草在线 | 久久成年片色大黄全免费网站 | 碰碰碰免费公开在线视频 | 欧美精品v日韩精品v国产精品 | 草草视频免费观看 | 久久久久免费精品视频 | 怡红院视频在线 | 极品美女写真菠萝蜜视频 | 成人精品免费网站 | 高清性色生活片久久久 | 亚洲成a人v在线观看 | 麻豆国产视频 | 99国产精品欧美久久久久久影院 | 男人操女人逼逼视频 | 亚洲一区免费在线 | 日韩不卡在线 | 福利三区| 欧美性色黄大片在线观看 | 日韩欧美在线视频 | a级做爰视频免费观看 | 黄色福利站 | 99黄色网| 日韩欧美国产一区二区三区 | 亚洲国产精品一区二区久久 | 一级毛片儿 |