Despite its small population, Tonga faces serious traffic congestion—posing risks during emergencies like cyclones or tsunami alerts. Through the Asian Development Fund, ADB and the World Bank are co-financing a bridge over Fanga'uta Lagoon, connecting the capital to higher ground for safer access. This is among the first projects under the Full Mutual Reliance Framework, a new approach between the two MDBs that aims to simplify processes for developing countries and speed up project delivery. |

The New Development Bank is now funding more of its projects in local currencies. Headquartered in Shanghai, the NDB was established by the original 5 BRICS member states. CGTN's Radhika Bajaj sat down with the vice president and chief operating officer of the bank, Vladimir Kazbekov, to discuss the change in funding strategy. | CGTN Africa | Facebook

How the BRICS New Development Bank built a multibillion-dollar portfolio. In July 2015, Brazil, Russia, India, China, and South Africa, known as BRICS, established the New Development Bank. Algeria, Bangladesh, Egypt, the United Arab Emirates, and Uruguay are all new members of the New Development Bank (NDB), joining the original five BRICS founding members to expand the bank's reach for sustainable development projects. The BRICS-led development bank is spending nearly $28 billion in 92 project

37K views · 122 reactions | Watching my own daughter hit these early...

The Mayor of Lepelle-Nkumpi Local Municipality Dr Merriam Molala says, the new development project that the municipality is working to establish in #Lebowakgomo, will transform the economic landscape and improve the lives of thousands of residents. #OratileKekana #Newsreader #NewsReporter #economicdevelopment #fblifestyle #fyppppppppppppppppppppppp #foryoupage | Oratile Gracious Kekana

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322K views · 21K reactions | Iniciamos entrada en el New Development Bank. NDB, Shanghái, República Popular China. Me entrevisto con Dilma Rousseff, expresidente de Brasil y su actual directora. | Gustavo Petro | Facebook