Feature
28 September 2023

Why 2023 DFIs are not 2012 DFIs

A new study of World Bank trade finance activity glosses over ten years of market evolution. More

News
29 September 2023

CEB unveils details of 7 new loans worth €670m

The Council of Europe Development Bank has approved seven new loans today totalling €670 million ($710 million) in support of education and vocational training, environmental protection, health and social care, MSME financing, and the promotion of inclusive and resilient living environments.In... More

News
29 September 2023

MIGA supports M10 industrial park project in Ukraine

The MIGA has issued guarantees totalling $9.1 million to UIPH Ukrainian Industrial Property Holding Limited of Cyprus.These guarantees cover equity and a shareholder loan and are aimed at mitigating the risks associated with war and civil disturbance for a period of up to ten years.This strategic... More

Feature
20 September 2023

Baltic Power: A blended finance first for Poland

The project financing backing the Baltic Power project has just signed – but the rest of the first wave of Poland’s embryonic offshore wind sector is facing delays. The country originally promised as much as 28GW by 2050 but the chances of success now look mixed due to inflation and critical cost... More

News
29 September 2023

ADB's coal shutdown scheme to launch first project in Indonesia 'soon'

A new financing tool that allows Asian governments to force coal plants into early retirement is set to launch its first project in Indonesia "soon" following months of negotiations, the Asia Development Bank's climate envoy said.The ADB's "energy transition mechanism"... More

News
29 September 2023

EAIF provides €46m for Autorute de L'Avenir

The EAIF has pledged €46 million ($48.4 million) for the expansion and modernization of the A1 motorway, marking Western Africa's first toll motorway developed through a PPP arrangement.The project aims to enhance economic productivity, facilitate the movement of people and goods, and... More

News
29 September 2023

Averrhoa Nature-Based Solutions is launched

Private investment house Ardian and aDryada, a French operator for forest restoration and biodiversity, have launched Averrhoa Nature-Based Solutions. The strategy, entirely dedicated to large-scale nature-based projects, aims to generate a significant impact in favour of the climate,... More

News
29 September 2023

EBRD supports Albanian agribusiness, tourism sectors

The EBRD has provided a loan of up to €2 million to Union Bank, a move aimed at bolstering financing for Albania's agribusiness and tourism sectors.This strategic investment seeks to invigorate lending activities in these pivotal but underfinanced sectors, playing a crucial role in... More

News
29 September 2023

Quarter of Croatia’s rail development plans to be financed by EIB

EIB is appraising a €900 million framework loan for the development of a railway transport infrastructure pipeline in Croatia.The total €1.8 billion project will aim to improve the country’s strategic railway infrastructure and rolling stock, carried out by the Ministry of Sea,... More

News
29 September 2023

IFC to support $489m Suez Canal expansion

IFC is considering a $177 million package to finance the debt tranche of the Suez Canal Container Terminal’s 955 metre expansion project.The total project cost is expected to be $489 million with 64% financed by internally generated cash flows and the 36% by IFC debt. The MDB’s package... More

News
29 September 2023

World Bank begins negotiations for $188m BESS scale-up in India

The World Bank has begun negotiations with the State Bank of India to scale up investments for battery energy storage systems (BESS). The MDB is planning to commit $188 million to the project which is expected to reach an approval decision in 2024.The project follows a new tender scheme launched by... More

News
29 September 2023

IFC invests $9m in Arnur Credit

In a bid to empower SMEs in Kazakhstan, the IFC has announced a significant $9 million investment in Arnur Credit, the nation's seventh-largest microfinance institution.This strategic partnership is geared towards bolstering financing opportunities for SMEs, with a particular focus on... More

Event
Oct 24 - Oct 25, 2023

Africa 2023: Development, Infrastructure, Energy & Natural Resources Finance

Cape Town, South Africa

Coming to Cape Town! We are delighted to bring together the development finance and natural resources industries, along with our sister brands Proximo and TXF for a networking spectacular.

Full details
News
29 September 2023

AIIB supports livestock health and value-chain infrastructure in Cambodia

The AIIB and Cambodia have inked a financing agreement totalling $43 million to support Cambodia's cross-border livestock health and value-chain infrastructure improvement.The funding comprises a $33 million sovereign loan and a $10 million grant from the Pandemic Prevention, Preparedness, and... More

News
29 September 2023

ADB capital management reforms unlock $100bn in new funding

ADB has approved capital management reforms that unlock $100 billion in new funding capacity over the next decade to address the region’s overlapping, simultaneous crises. The expansion of available funds will be further leveraged through mobilizing private and domestic capital to move from... More

News
29 September 2023

CABEI promotes sustainable projects via new social bond

CABEI reopened a social bond for MXN 5 billion ($290.1 million) in the Mexican capital market, making it the fourth consecutive issuance of social bonds in Mexico and the eighth with a sustainable label so far this year.The issuance, which received local ratings of Aaa.mx and mx.AAA by Moody's... More

News
29 September 2023

CEB issues first A$40m kangaroo social inclusion bond

The Council of Europe Development Bank has placed its first Australian dollar-denominated Social Inclusion Bond (SIB), which is also the CEB’s inaugural SIB private placement issuance.The new SIB is part of the CEB’s strategy of providing further growth to the social bond market by... More

News
29 September 2023

IDA supports digital governance in Kosovo

The IDA is providing a concessional credit of $20 million for the Kosovo Strengthening Digital Governance for Service Delivery Project, which aims to improve the quality of and user access to selected public administrative services. The approved financial support for the five-year project has a... More

News
29 September 2023

IDB launches first guarantee fund to back loans for MSMEs in Panama

IDB has approved $150 million in financing to launch the first guarantee fund to back loans for MSMEs in Panama. An estimated 2,200 Panamanian MSMEs — primarily in agriculture, commerce, and services — will be able to access financing with the backing of the new guarantees fund. Of... More

News
28 September 2023

More details on Baltic Power

More details have emerged on the €4.4 billion debt financing for PKN ORLEN and Northland Power’s 4GW Baltic Power offshore wind project in Poland.The debt is split between around €4.2 billion of 23-year (construction-plus-20-years) facilities and a PLN1 billion three year tranche.... More

News
28 September 2023

IDB unveils landmark nature and climate reward tool

IDB has become the first multilateral development bank to offer a financing tool that rewards countries for achieving nature and climate objectives.The Biodiversity and Climate-Linked Mechanism for Ambition (IDB CLIMA), currently in the pilot phase, will provide the borrower with a discount when... More