In depth
18 October 2024

Debt of a naturalist

The pipeline of repeat and debut debt-for-nature swaps is ballooning – a signal that the growth and deal size the market needs for significant environmental impact could become a reality. More

News
21 October 2024

Iberdrola raises R&D loan from EIB

Iberdrola has raised a €120 million ($129.8 million) loan from the EIB. The signed debt facility will partially fund a €250 million research and development project into new and improved energy technologies to accelerate energy transition and decarbonisation in Spain. More

News
21 October 2024

CABEI issues its first Mother Health Bond

CABEI has issued a A$210 million ($139.8 million) 15-year bond, the proceeds of which will provide food security through stable nutritional supply support for economically distressed mothers and pregnant women in Latin America.Dubbed the Mother Health Bond by the issuer, and claimed to be a world... More

In depth
10 October 2024

IDB Invest’s Alvarenga talks change – all $3.5bn of it

Marisela Alvarenga, chief investment officer, Latin America and the Caribbean, at IDB Invest explains how the organisation’s recent $3.5 billion capital increase and its new originate-to-share model should up impact and private sector investment in sustainable assets in the region. More

News
21 October 2024

Jamaica's KiWI project closes on Phase 1 financing

Jamaica has signed a $12 million loan with the IBRD for Phase 1 of the Kingston Waterfront Improvement (KiWI) project. The deal signed on 18 October at the Ministry of Finance and the Public Service in Kingston.The $40 million KiWI project comprises two stages. Phase 1 will finance the design of a... More

News
21 October 2024

AfDB providing $100m for Nigeria YEIB initiative

AfDB has approved a $100 million loan to increase access to finance for youth and women-led SMEs, under the Nigeria Youth Entrepreneurship Investment Bank (YEIB) initiative.Nigeria YEIB is designed to foster economic growth and job creation by acting as an ecosystem anchor and convener, bringing... More

News
21 October 2024

TBC Bank raises local currency loan from EBRD

EBRD is extending a $25 million equivalent locally denominated loan to TBC Bank, for on-lending to private businesses in Georgia. The funding will boost local-currency financing support for private companies planning to undertake green investments in energy efficiency, renewable energy and climate... More

News
21 October 2024

Second tranche of EIB's Deutsche Leasing facility signed

The EIB and Deutsche Leasing have signed the second tranche of a €200 million approved EIB financing for a €560 million project designed to support small business and mid-cap leases. A first tranche of €50 million signed in February.Under the cooperation programme, Deutsche Leasing... More

News
21 October 2024

EAIF expands mandate and gets new name

The Emerging Africa Infrastructure Fund (EAIF) has expanded its geographic mandate to include South and Southeast Asia. EAIF has consequently been renamed the Emerging Africa and Asia Infrastructure Fund (EAAIF).Emerging markets in Asia have seen an acceleration of economic growth over the past two... More

Event Session
03 October 2024
News
21 October 2024

EBRD to take stake in EfTEN real estate fund

The EBRD is to make an equity commitment of up to €20 million ($21.7 million) in Usaldusfond EfTEN Special Opportunities Fund (EfTEN SOF), a real estate fund managed by EfTEN Capital.The investment will be the bank’s second in a real estate fund managed by EfTEN Capital, following... More

News
21 October 2024

EBRD backing NEPCO transmission project

The EBRD has granted a loan of up to $28.25 million to Jordan's National Electric Power Company (NEPCO) to support its expansion plans.The financing will be directed toward NEPCO’s $35 million Northern Green Electricity Transmission Project, which aims to increase grid capacity in northern... More

News
21 October 2024

JICA backing Toamasina water project

JICA has signed a JPY2.896 billion ($19.3 million) grant agreement with the Government of the Republic of Madagascar to provide grant aid for ‘The Project for the Expansion and Improvement of Water Supply System in Toamasina’.The project involves construction and replacement of water... More

Event
Oct 29 - Oct 30, 2024

Africa 2024: Agency, Energy & Infrastructure Finance

The Vineyard Hotel, Cape Town, South Africa

Unrivalled deal-origination opportunities throughout the region - let us connect you to a world of opportunities in one business trip!

Full details
Event Session
03 October 2024
News
21 October 2024

Ecobank closes on notes issue

Ecobank Transnational Incorporated (ETI) has closed on $400 million of 10.125% notes due 15 October 2029. Proceeds from the issuance will be used for general corporate purposes, including refinancing of a $350 million senior bridge-to-bond loan facility signed in March 2024.Absa, Africa Finance... More

News
18 October 2024

SFD details new loans for Serbia

The Saudi Fund for Development has signed three development loan agreements with Serbia worth $205 million to support agriculture, education and energy. SFD will give Serbia $75 million for an irrigation project, $65 million for the Bio4 Campus research institute in Belgrade and $65 million for... More

News
18 October 2024

El Salvador closes world's largest debt buyback for river conservation

El Salvador has sealed a debt buyback deal where savings generated will be used to fund conservation of the country's main river and its watershed.JPMorgan arranged a $1 billion loan to El Salvador to enable the country to buy back $1.031 billion of its outstanding bonds at a discount to their... More

News
18 October 2024

ECHEM to tap foreign banks for $700m

The Egyptian Petrochemicals Holding Company (ECHEM) is planning to secure $700 million in financing from foreign banks, sources said.The banks include Emirates NBD, National Bank of Kuwait, Qatar National Bank, EBRD, and Afreximbank, one of the sources said.The funds include a sum of $100 million... More

News
18 October 2024

Liberia breaks ground on first utility-scale solar plant

Construction is underway on Liberia’s first utility-scale solar plant.The 20MW facility is being built in Harrisburg, a district in Montserrado county, at the site of the 8MW Mount Coffee Hydropower Station. The project has a scheduled completion date of August 2025. It is the first of several... More

News
18 October 2024

BeDimensional's new graphene plant gets EIB support

EIB is offering Italian materials manufacturer BeDimensional financial support to expand production of cutting-edge graphene that promises to help Europe bolster its industrial base and global competitiveness. EIB is providing €20 million in venture debt financing to BeDimensional to help... More

News
18 October 2024

Kenyan SMEs, youth and women supported by EIB, KCB

EIB and KCB Bank Kenya have announced a €230 million (KES32 billion) partnership to support SMEs, youth and women in Kenya. Of the total, €115 million will be a credit line from EIB Global to KCB, matched by €115 million from KCB’s own funds.Through the ‘Investing in... More

News
18 October 2024

CAF signs up to alliance against hunger and poverty

CAF has formally joined the Global Alliance against Hunger and Poverty.The initiative was proposed by Brazil during its G20 Presidency, aimed at establishing an international union to combat hunger and poverty worldwide. CAF is the first multilateral financial institution to join the alliance... More