The EBRD is lending Moldova €300 million (about $316 million) to boost its energy security by acquiring strategic gas reserves to supplement those currently provided by Russia through Ukraine. The loan is for on-lending to the state-owned energy trader JSC Energocom to procure gas on European... More

ADB has approved $150 million in loans to help Fiji recover from the COVID-19 pandemic and build resilience against climate and disaster risks.The Sustainable and Resilient Recovery Program comprises a $60 million policy-based concessional loan and a $90 million policy-based regular loan. The... More

CEB has signed a €450 million ($474 million) loan to Poland to provide aid to displaced people from Ukraine. This is the largest ever loan approved by the CEB. It will support the plan of the government of Poland to address the massive influx of people fleeing the war in Ukraine. Poland... More

The World Bank has approved a $30 million IDA grant for the Tajikistan Strengthening Water and Irrigation Management Project. The goal is to support water resources and irrigation planning and management for enhanced climate resilience and improved rural livelihoods and food security in Tajikistan.... More

The AfDB has approved a €39.62 million (about $42 million) loan to Cameroon to improve road access to the industrial and port areas of Kribi, in the south of the country.Designed for implementation of the second phase of the Kribi Industrial and Port Area Access Roads Development Project, the... More

IADB has priced a new $2 billion two-year global benchmark.The transaction pays a semi-annual coupon of 3.25% and matures on July 1, 2024. It was priced with a spread of 5 bps over SOFR mid-swaps, which equates to 18.85 basis points over the 2.500% UST due May 2024 and carries a semi-annual yield of... More

The World Bank has approved $250 million for the MA North-East Economic Development Project. The funding will help to improve transport connectivity and enable private sector growth in North-East Morocco, notably around the development of the Nador West Med maritime complex.The project has three... More

BSTDB is interested in providing financing in local currency in Azerbaijan, the lender's president Dmitry Pankin said.BSTDB is set to sign two new agreements with Azerbaijani banks. “Under these agreements, our partners will get loans for supporting trade financing and small and... More

The World Bank has agreed a $45 million IDA grant for the Tajikistan Water Supply and Sanitation Investment Project. The overall goal is to support Tajikistan in improving access of rural populations to safe water supply services, and investing in the capacity of institutions to deliver better... More

The World Bank has approved a $50 million project to support the government of the Kyrgyz Republic in improving the financial performance and operational reliability of the electricity sector in the country. The project is also co-financed by the Swiss State Secretariat for Economic Affairs that... More

Sustainability data and technology group ESG Book has closed $35 million in Series B funding. The round was led by Energy Impact Partners, alongside Meridiam and Allianz X, the digital investments arm of insurer and asset manager Allianz.ESG Book says its cloud-based platform makes ESG data... More

British International Investment is partnering with Norfund in its joint venture with Scatec to provide capital for Africa’s hydropower sector. This will be the largest investment in hydropower in BII’s history, with up to $200 million of capital committed over the next several... More

A new investigation has revealed that industrial rubber plantations in West and Central Africa have been linked to an area of tropical deforestation 16 times the size of Brussels since 2000, establishing it as the leading European driver of deforestation in the region – despite being left out... More

Canada's Brookfield Asset Management has raised $15 billion for its first impact fund focused on the global transition to a net-zero carbon economy.The Brookfield Global Transition Fund will target investments tied to reducing greenhouse gas emissions and energy consumption, the company... More

The World Bank has agreed a $178.1 million loan to support Philippines’ efforts to combat malnutrition.The Philippines Multisectoral Nutrition Project will support the delivery of nutrition and health care services at the primary care and community levels to help reduce stunting –... More

The AfDB has approved a $30 million loan to Norsad Capital, a Botswana-based impact investor, to finance agro-processing, healthcare, financial services, manufacturing, information & communication technology and education enterprises. Through the funding, the AfDB seeks to catalyze... More

The OPEC Fund has released details of new global development support worth a total of $100 million.In Malawi, a $20 million loan was agreed for the SADC Sub Regional Transport and Trade Facilitation Project which will support the rehabilitation of 101km of roadway and 50km of feeder roads in the... More