In depth
05 July 2024

Tanzania: How to grow a green capital market

Tanzania tapped its first ever green bond in 2023 and laid a seedbed for this year's even bigger green issue, and its first municipal bond. The notes are viable routes to plugging the country’s green infra gap – but only due to capital market capacity building, new policy and critical DFI... More

News
15 July 2024

BBVA Colombia, IFC issue first biodiversity bond in financial sector

BBVA and IFC issued a $15 million first tranche of the world's first biodiversity bond that will amount to $70 million.The objective is to finance projects that address the key drivers of biodiversity loss, particularly focused on reforestation, regeneration of natural forests on degraded lands,... More

News
15 July 2024

Botswana renewable energy project gets World Bank funds

The World Bank has approved its first lending operation supporting renewable energy development in Botswana. The Botswana Renewable Energy Support and Access Accelerator (RESA) Project aims to transform the country’s energy landscape through enabling renewable solutions and improved... More

In depth
28 June 2024

Catch up on all 2024 event content

Having exclusive access to our extensive library of 2024 content is a game-changer. Catch up on sessions from Global 2024 and more. More

News
15 July 2024

EIB provides €425m R&D financing to ZF Friedrichshafen

EIB is providing a promotional loan of €425 million (about $475 million) to German automotive supplier ZF Friedrichshafen. The funds will enable ZF to invest a total of €1.3 billion in research and development of innovative technologies for braking and steering systems, actively shaping... More

News
15 July 2024

AfDB approves South Sudan agriculture project

AfDB has approved a $46.2 million grant to support the first phase of the Climate Resilient Agri-Food System Transformation Programme in South Sudan. This initiative aims to boost agricultural productivity, improve food security and enhance the country’s resilience.The project, set to be... More

News
12 July 2024

BlueOrchard's climate insurance fund gets EIB support

The Luxembourg-EIB Climate Finance Platform (LCFP) will provide €5 million for impact investor BlueOrchard's innovative €100 million climate insurance fund, with the backing of the government of Luxembourg.The LCFP seeks to catalyse private and public sector investment into high-impact... More

News
12 July 2024

MIGA guarantees to expand lending in 8 African countries

MIGA has issued 13 guarantees totaling $1.1 billion to Absa Group of South Africa for its investments in its subsidiaries in Sub-Saharan Africa.  The project includes increased and new coverage to Absa in support of the group’s general banking operations in its subsidiaries in Ghana,... More

News
12 July 2024

Kambarata-1 hydropower project gets additional funding

The World Bank has approved $13.6 million in additional financing for the Kambarata-1 Hydropower Plant Project in Kyrgyz Republic. The funding supplements the ongoing $5 million Technical Assistance for the project.This additional financing is provided on highly concessional terms through the... More

News
12 July 2024

IFC supports SME finance in Cote d'Ivoire, Senegal

IFC has penned a risk-sharing facility of up to $40 million equivalent in West African CFA with Bridge Bank Group Cote d'Ivoire (BBGCI) to boost access to financing for small businesses. IFC will guarantee 50% of a portfolio of eligible short-term loans originated by BBGCI to SMEs across... More

News
12 July 2024

NIB and Ericsson sign R&D financing deal

NIB and Ericsson have signed a $108.16 million loan for the development of enhanced wireless technology. This is NIB’s second loan for Ericsson’s investments in research and development between 2023 and 2025. The investments support the company’s plan to reach net zero targets by... More

News
12 July 2024

Azorra's BNDES facility reaches financial close

Aircraft lessor Azorra Aviation Holdings has closed on a $450 million financing from BNDES. After securing an initial $150 million facility in December 2023, the lessor has now closed on the remaining facility of $300 million.The facility provides debt financing for Azorra’s Embraer E2 order... More

Event
Oct 2 - Oct 3, 2024

Asia 2024: Agency, Energy & Infrastructure Finance

Marina Bay Sands, Singapore

A networking super-highway for the agency, energy & infrastructure finance world!

Full details
News
12 July 2024

Forestry company Stora Enso gets €435m EIB loan

EIB is extending a €435 million ($472 million) credit to forestry company Stora Enso so it can produce greener packaging for foods and personal care products. The loan is for a major upgrade of Stora Enso’s manufacturing site in Oulu, Finland, where the company already invested... More

News
12 July 2024

Peru to get first sustainable logistics park

IDB Invest is lending $53 million to Almacenes del Norte to increase access to logistics services in Lima, Peru, through the new industrial park ADN Parque Logístico Callao. The project will be built in the Ventanilla district in the Constitutional Province of Callao. The financing... More

News
12 July 2024

Somalia tendering off-grid solar

Somalia’s Ministry of Energy and Water Resources launched a tender for the design, supply, installation, testing and commissioning of off-grid solar-plus-storage power plants.The plants will serve 46 education facilities in the administrative region of Benadir in southeastern Somalia, which... More

News
12 July 2024

FMO releases more funds to REGMIFA

FMO will support the Regional MSME Investment Fund for Sub-Saharan Africa (REGMIFA) through a $10 million investment. The Dutch development bank is putting in an extra $10 million into B-shares. This new funding will help REGMIFA grow its portfolio across Sub-Saharan Africa, offering crucial... More

News
12 July 2024

EIB considering loan for EPM

The EIB is considering a $400 million loan to support water, sanitation and energy projects of Colombia's Empresas Publicas de Medellin (EPM). If approved, the facility would be the first direct EIB loan to EPM.The funds would be allocated to initiatives that promote water management and... More

News
12 July 2024

OPEC Fund backs Mahaweli water project

The OPEC Fund has agreed to provide INR30 billion ($100 million) for the Mahaweli Water Security Investment Project in Sri Lanka. The funding will complement $300 million-plus of existing project support from the Asian Development Bank (ADB).The Mahaweli Water Security Investment Project includes... More

News
11 July 2024

Petrol closes €9.5m EV charging financing

Petrol d.d. Ljubljana (Petrol) has reached financial close on a €9.5 million financing to fund its EV charging roll-out in Slovenia and Croatia. The unsecured loan has a tenor of three years and will fund the installation of charging points for light duty electric vehicles (LDVs) and heavy duty... More

News
11 July 2024

EBRD backs port electrification

DP World has secured a €50 million loan from the European Bank for Reconstruction and Development (EBRD) to finance the electrification of the Constanta South Container Terminal (CSCT) in Romania.The total project cost is estimated at €200 million, which will be co-financed by the... More