Asia Development and Investment Bank (“ADIB”)
Strategic Partner with Asia Development and Investment Bank (“ADIB”), Hong Kong for (i) financing of infrastructure development projects available at GFCL and (ii) ADIB’s official representation in UK, Europe, Middle East and African markets. ADIB is an offshore investment bank providing financial and consulting service for infrastructure projects and asset management service. The Bank is one of the members of World Islamic Economic Forum Foundation and its main businesses include Project financing, Energy investment, Investment Banking, Securities, Trustee, Asset management, Offshore financial services etc. The Bank’s assets under the management are more than $35 Billion. China Development Bank is a majority shareholder in ADIB.
Eco bank & GFCL have entered into strategic Tie up whereby both the parties have agreed to work with each other on the Infrastructure development, fund raising and investment programme with a special focus on projects in Africa.
The formation of a frame work for Business Corporation and Marketing opportunities in infrastructure development projects;
To explore opportunities for lending and financing ventures upon such terms and conditions that will be agreed upon by the parties from time to time; Eco Bank will participate in opportunities Projects available at GFCL for which GFCL holds the exclusive mandates.
Strategic tie-up with Mulberry Insurance: GFCL has joined hands with Mulberry Insurance, to form a Joint Venture to lend the necessary insurance coverage on Infrastructure development Projects and to cater other general insurance requirements in West African region. Mulberry insurance is a leading broker in UK for insurance products.