NAIROBI -- In remarks made during the 2015 Global Entrepreneurship Summit, President Barack Obama announced that the Overseas Private Investment Corporation (OPIC), the U.S. government’s development finance institution, plans to join Goldman Sachs 10,000 Women and International Finance Corporation (IFC) in the Women Entrepreneurs Opportunity Facility (WEOF). As part of the planned commitment, OPIC intends to finance up to $100 million in new projects under the facility.
Launched in 2014, the first-of-its-kind $600 million finance facility aims to help close an estimated $285 billion credit gap for women-owned small and medium enterprises (SMEs) around the world and reach 100,000 women entrepreneurs globally. To date, the facility has completed nine transactions totaling $180 million in nine...
Mainland China shows off logo for victory over Japan
(ChinaPost.com.tw) - Mainland China on Monday unveiled its official logo for the forthcoming commemorations of victory over Japan 70 years ago, invoking both peace in the form of doves and robust nationalism with Communist colors and imagery of the Great Wall.
6 miners saved after 7 days underground: Xinhua
(ChinaPost.com.tw) - Six men were rescued from a flooded Chinese coal mine Monday having survived a week underground after at least four of their coworkers were killed, media said.
Dissident artist Ai Weiwei says will attempt Germany visit after 4 years without passport
(ChinaPost.com.tw) - Chinese dissident artist Ai Weiwei has been given a visa to travel to Germany, he told AFP on Monday, just days after police handed him back his passport following a four-year confiscation.
China escalator swallows up toddler's mother: local media
(ChinaPost.com.tw) - A woman was killed after she plunged through flooring over an escalator in a Chinese department store, reports said Monday, thrusting her toddler to safety as she fell to her death.
Malaysia: Dengue Situation Update 469, 15 July 2015
Source: World Health Organization
Country: Australia, Cambodia, China, French Polynesia (France), Lao People's Democratic Republic (the), Malaysia, Philippines, Singapore, Viet Nam