New Development Bank (NDB) has issued a CNY8 billion ($1.1 billion) three-year Panda bond priced at 2.03% in China’s Interbank Bond market.The transaction is NDB’s second Panda bond in 2024, following its largest-ever five-year Panda in January. Total NDB Panda bond volume now stands at... More

AfDB has approved a $79.08 million loan to the Republic of Angola to promote youth entrepreneurship and employment in the agriculture and transport sectors.The funding will cover about 64% of the $124.68 million Angola Youth Employment Project (AYEP), which is jointly financed by AfDB, the... More

Asian Development Bank (ADB) has signed a transaction advisory services agreement with the Government of Kazakhstan for its Hydropower Development Program. ADB’s mandate is to work with the government to conduct pre-feasibility studies, assist in preparing auction documents and a template... More

Asian Development Bank (ADB) has approved a $400 million concessional loan to support the reconstruction of houses and community infrastructure in Pakistan’s Sindh province damaged by floods in 2022.The Sindh Emergency Housing Reconstruction Project will rehabilitate flood-damaged houses and... More

The EIB is lending Belgium-based Warehouses De Pauw (WDP) €250 million ($271.5 million) to install rooftop solar panels and increase electric-vehicle charging stations at its properties. The loan is for up to 10 years and will be directed towards existing WDP logistics centres mainly in... More

Georgia Global Utilities (GGU), a subsidiary of Aqualia, has raised $300 million from a green bond issue. The deal features anchor investments from ADB ($40 million), DEG, EBRD and IFC ($40 million).Proceeds from the certified green bond—the largest ever issued from a Georgian private... More

The EIB and the Spanish railway infrastructure company Adif Alta Velocidad (Adif AV) have signed a €430 million ($467 million) loan to build a high-speed rail line. The 182 km line will connect the three capitals of the Basque Country region in Spain and strengthen connections with the... More

The Africa Resilience Investment Accelerator (ARIA) has published a new report sharing experiences from five frontier markets in sub-Saharan Africa. The report is based on the responses of more than 400 companies operating in the region.Some of the key insights from the publication are:... More

The Armenian government has approved a loan agreement with the Eurasian Fund for Stabilization and Development to finance the construction of a tunnel near Kajaran.The agreement provides a $200 million loan, with an additional $190 million in co-financing from the Armenian government. The... More

The Inter-American Development Bank (IDB) and the Export-Import Bank of Korea (Kexim) have signed an agreement to expand the co-financing of sovereign guaranteed investment loans. Kexim is to provide an additional $300 million in co-financing over the next three years for infrastructure in areas... More

The African Development Bank (AfDB) has expressed strong support for revitalising the African Union (AU) Peace Fund.The fund has garnered close to its first target of $400 million, primarily from member state contributions, and is setting up an independent evaluation group to assess disbursements.... More

The Inter-American Development Bank (IDB) and Brazil's public banks are to announce the development of an exchange-traded fund (ETF) focused on sustainable investments in the Amazon rainforest.Last year, BNDES and the IDB launched the"Green Coalition" to promote financial solutions and... More

The EBRD has approved a senior loan of up to €25 million ($27.1 million) to PBZ-Leasing Croatia (PBZL). The objective of the loan is to facilitate leases for MSMEs in Croatia, providing financial support to foster growth and competitiveness in the sector. Additionally, the loan will contribute... More

Development Bank of Nigeria (DBN) has received Green Climate Fund (GCF) accreditation under the medium category – enabling it to access GCF’s funding for projects between $50 million and $250 million. DBN is the only authorised Nigerian channel for accessing green financing from the... More

The EBRD has provided a senior corporate loan of up to CHF200 million ($225 million) to national railway operator Kazakhstan Temir Zholy (KTZ).Proceeds will to cover refinancing of KTZ's bond maturing in 2024, free up capital and mobilise additional financial resources to continue implementation... More

The EBRD is providing a $60 million-equivalent locally denominated financing to Kazakhstan’s Bank CenterCredit.The package comprises $30 million under the EBRD’s Kazakhstan Green Economy Financing Facility II (GEFF Kazakhstan II). The remaining $30 million will be used to support private... More

The IDB and EIB have approved guarantees totalling $300 million to support a debt-for-climate operation in Barbados. The banks are guaranteeing $150 million each – the first time the two institutions have provided joint guarantees for a single operation in the Caribbean.The guarantees will be... More

Garanti BBVA Leasing has signed on a €10 million ($10.8 million) loan from the EBRD to support the development of SMEs in Romania.The financing will enable Garanti BBVA Leasing to offer micro-enterprises and SMEs access to leasing products, in order to purchase the equipment and vehicles needed... More