In accordance with the Charter, each member having equal voice have also contributed equal share of the $50 billion initial subscription capital. Similarly, while the governance structure emphasizes equal and rotational representation, the NDB operates from its Headquarters in Shanghai under the leadership of K.V. Kamath, a former CEO of India's ICICI Bank as its first President. In April 2017, just under five years after the idea of the NDB came out of the Delhi Summit, the bank signed its first development loan agreement with Brazil.
BRICS And The Global South Cooperation – Analysis eurasiareview.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eurasiareview.com Daily Mail and Mail on Sunday newspapers.
The Inter-Governmental Action Group against Money Laundering and Terrorism Financing in West Africa (GIABA) | Economic Community of West African States (ECOWAS) ecowas.int - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ecowas.int Daily Mail and Mail on Sunday newspapers.
Like many other development enthusiasts on the African continent, I was shocked by the recent disclosure made by Prof. Kevin Chika Urama, Vice President of