New Delhi, May 19 (IANS) The India Exim Bank on Tuesday extended a $100 million loan to the Africa Finance Corporation (AFC) to support India’s project exports on the continent.The fresh loan is in addition to a facility of $100 million extended to the AFC in August 2021 to develop critical infrastructure required for the revival of Africa’s economies in the wake of the Covid-19 pandemic, and another credit line of $100 million, extended in March 2026, to support India’s project exports in…
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New Delhi, April 22 (IANS) India, on Wednesday, became one of the 12 countries selected by FIFA for the FIFA Women’s Development Programme (Commercial Strategy 2026). The other countries include Germany, the Netherlands, Sweden, Scotland, Canada, Mexico, Finland, Ghana, Jordan, Lithuania, and Paraguay.India’s inclusion in the programme was confirmed by FIFA after an initial application by AIFF, which was followed by a detailed presentation of the commercial strategy and future plans. The pro…
New Delhi, April 22 (IANS) India is expanding its financial footprint in Africa through strategic lending and trade partnerships and its Export‑Import Bank lent Africa Finance Corporation (AFC) a $100 million five‑year loan, a new report has said.The report from Business Insider Africa said the loan underlined India’s expanding financial footprint in Africa, where New Delhi has been increasing trade, investment and export‑credit support competing with China, Europe, Gulf states and the U…
Gold Coast, March 3 (IANS) The Iranian women’s national soccer team made a silent protest during the opening match of the Women’s Asian Cup, as they refused to sing their national anthem, which was played over the speakers at Cbus Super Stadium on the Gold Coast. Ahead of the game against South Korea, the players were in their customary line before their match when the Iranian national anthem began to play, none of the Iranian players or even head coach Marziyeh Jafari sang along as they wer…
Geneva, Jan 24 (IANS) A record-breaking prize money will be awarded to the inaugural FIFA Women’s Champions Cup winner, the world football governing body announced on Saturday.The final champion of the Women’s Champions Cup will receive 2.3 million U.S. dollars while the runner-up will earn one million, FIFA said.The champions from every confederation will compete for the intercontinental club title. The two semifinals are scheduled at Brentford Stadium (Gtech Community Stadium) in London, Brita…
New Delhi, Dec 30 (IANS) Top domestic football club, Odisha FC, is undergoing a period of transition at the top, with CEO Raj Athwal stepping down from his role just four days after the club mutually parted ways with head coach Sergio Lobera. The club confirmed Athwal’s departure in an official statement, noting that the decision was communicated by the CEO and accepted by the management.“Odisha FC can confirm that CEO Raj Athwal has informed the club management of his decision to move on, a…