Top 4 Global Financial news from 01-13 June 2020

Posted On : Jun 13, 2020/Healthcare

Top four global investment news from 01st to 13thJune 2020: European Investment Bank has approved eight hundred and four billion U S D of new financing for projects across Europe and around the world. The fresh fund will improve public health, hospital and dedicated new business lending programmes to support sectors most impacted by the COVID pandemic. Russia’s sovereign wealth funds the Russian Direct Investment Fund announce a partnership with R-Pharm Group as part of joint efforts to combat coronavirus infection and produce the first Russian vaccine with high export potential. The prominent financial agency of Africa’s the African Development Bank has approved a $288.5 million loan to help Nigeria tackle the COVID-19 pandemic and mitigate its impact on people and businesses. And The global financial agency World Bank has approved a $100 million Development Policy Credit (DPC) to support to the Nepal Government in improving the financial viability and governance of the electricity sector and recovering from the COVID-19 crisis.

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