The Brazilian National Bank for Economic and Social Development (BNDES) and the Asian Infrastructure Investment Bank (AIIB) have signed a groundbreaking agreement. This deal will channel R$16.7 billion ($2.93 billion) into Brazilian development projects. The memorandum, inked on November 18, 2024, coincides with the G20 summit of world leaders. This partnership aims to boost funding […]
Brazil’s Development Bank Lands R$16.7 Billion Deal with Asian Investor
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Rio Times Staff Reporters (RT Staff Reporters) is a team of reporters from Rio Times covering local news from Brazil as well as international stories making headlines.