{"id":466420,"date":"2019-07-16T13:47:09","date_gmt":"2019-07-16T12:47:09","guid":{"rendered":"https:\/\/www.kapitalafrik.com\/?p=466420"},"modified":"2019-07-16T13:47:09","modified_gmt":"2019-07-16T12:47:09","slug":"guinea-the-state-enters-the-capital-of-the-aiib","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2019\/07\/16\/guinea-the-state-enters-the-capital-of-the-aiib\/","title":{"rendered":"Guinea: the State enters the capital of the AIIB"},"content":{"rendered":"
<\/div>

After almost 7 months of negotiations, Guinea officially became a shareholder of the Asian Investment Bank for Infrastructure (AIIB).<\/p>\n

Indeed, the Guinean parliamentarians recently gave them the green light.<\/p>\n

Thus, the State must subscribe to 10 shares with a nominal value of US $ 100,000, an aggregate amount of $ 1 million, payable in five installments.<\/p>\n

For MP Alpha Mohammed Diallo, this membership will allow Guinea to take advantage of the opportunities offered by this structure to finance its infrastructure projects, mainly for the socio-economic development of the country.<\/p>\n

According to the parliamentarian, the first deadline will be July 12. Guinea may acquire 40 other shares upon a new issue of securities by the financial institution.<\/p>\n

As a reminder, the AIIB has set itself the major objective of financing infrastructure projects, particularly in Africa.<\/p>\n

Established in 2014, the Beijing-based institution (more than 60 members in Asia, Europe and Africa), has a capital of 100 billion dollars.<\/p>\n

<\/div>","protected":false},"excerpt":{"rendered":"

After almost 7 months of negotiations, Guinea officially became a shareholder of the Asian Investment Bank for Infrastructure (AIIB). Indeed, the Guinean parliamentarians recently gave them the green light. Thus, the State must subscribe to 10 shares with a nominal value of US $ 100,000, an aggregate amount of $ 1 million, payable in five<\/p>\n","protected":false},"author":536116,"featured_media":466421,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[12040],"tags":[13769,13268],"class_list":{"0":"post-466420","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-international-institutions","8":"tag-aiib","9":"tag-guinea","10":"post_format-post-format-aside","11":"pmpro-has-access"},"yoast_head":"\nGuinea: the State enters the capital of the AIIB - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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