[LINK] Helping third world

Tony Barry me@Tony-Barry.emu.id.au
Tue, 15 Feb 2000 11:34:29 +1100


Source: Net News  15 February, 2000

Helping third world
The World Bank today joined up with Softbank of Japan to kickstart Internet
companies in 100 developing countries. The bank's private investment arm, the
International Finance Corp, and Softbank will invest $200 million in a fund to
break the digital divide between the First and Third World. IFC will also join
Softbank's recent Latin America- and China-focused Internet investment funds,
bringing the total commitment to global Internet development to $500 million.
See http://www.ifc.org/

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