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
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
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
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
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
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
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
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
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
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
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
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
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 detailsEcobank 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
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
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
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
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
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
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
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