Feature
02 August 2022

Which African sovereigns are most likely to default?

Since the start of the pandemic only two African countries have defaulted on their sovereign debt, in large part because of remedial action by multilaterals and DFIs. But the potential for default continues to grow. Robert Besseling, CEO of PANGEA-RISK, looks at possible African state default... More

News
08 August 2022

World Bank agrees Covid recovery package to Bangladesh

The government of Bangladesh and the World Bank have signed a $300 million financing agreement to help the country strengthen its local urban institutions to respond to and recover from the COVID-19 pandemic and improve preparedness to future shocks.The Local Government COVID-19 Response and... More

News
08 August 2022

IDB guarantees $100m for coastal sustainability in Barbados

IDB has approved a $100 million guarantee for Barbados with the aim of promoting environmental sustainability and economic development. The 20-year guarantee is intended as a long-term instrument to finance measures related to sustainability and marine conservation and is structured as a... More

Feature
02 August 2022

Bupa Asia Limited's Rodney Gollo on healthcare investment in Asia

Rodney Gollo, Head of Risk at Bupa Asia Limited, explains how SDG 3s bid to lower global health disparities in emerging markets requires investment into broader systemic issues such as primary care access and poverty. More

News
08 August 2022

USTDA awards grant to offshore wind project in Philippines

The US Trade and Development Agency has awarded a grant to Aboitiz Renewable to allow the firm to do a feasibility study to develop up to 3GW in an offshore wind project in the Philippines. Secretary of State Anthony Blinken has said that the US government will support the Philippines’... More

News
08 August 2022

TBC UZ receives second financing round from EBRD, IFC, TBC Bank

TBC Bank Uzbekistan has received a further $35.1 million from EBRD, IFC, and TBC Bank Group. Investments in TBC UZ aim to boost the operational growth of the established private market player, promote international standards of corporate governance in the banking sector, and strengthen the digital... More

News
08 August 2022

EDB lends total of $653m to UAE in H1 2022

EDB has lent AED2.4 billion ($653 million) to the UAE’s industrial sector in the first half of 2022, marking a 418% increase on last year. Of this amount, AED351 million ($95.5 million) was mobilised to support SMEs via its credit guarantee scheme, a 109% increase from the year prior. More

News
08 August 2022

IFC lends $45m to reinforce Ecuador's shrimp sector

IFC is loaning $45 million to Ecuadorian shrimp exporter Industrial Pesquera Santa Priscila with the aim of improving the shrimp sector’s resilience. The financing will support the expansion of IPSP’s farms and improve their automation and productivity, as well as replace diesel... More

News
05 August 2022

HDFC raises world's biggest social loan

Mortgage lender Housing Development Finance Corp has raised the world’s biggest social loan - $1.1 billion - to fund affordable housing in India. The external commercial borrowing (ECB) is priced at a margin of 90bp over SOFR. MUFG, CTBC Bank, Mizuho Bank, State Bank of India and SMBC were... More

News
05 August 2022

EDB finances 11 solar power plants in Armenia

The Eurasian Development Bank will provide up to $37 million to finance the construction of 11 solar power plants with a total capacity of up to 65MW in the Gegharkunik and Aragatsotn Regions of Armenia.All the facilities are scheduled to be commissioned this year. The investment will be repaid from... More

News
05 August 2022

AFD issues €50m for Baritoda landfill project

AFD is providing €50 million to Guinea to finance the construction of a solid waste landfill on a 100ha site in Baritoda, in the rural council of Kouria, about 50km from the capital Conakry.The EU will also provide a grant of €20 million for the project, which will be built by the National... More

Data and research
29 May 2022

Development finance 2021 data report

Our second report since Uxolo's launch, this report serves as a unique snapshot of development lender activity in the last calendar year,...

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Event
Oct 11, 2022

Uxolo Global 2022: Development & Impact Finance

Hybrid Event: The Hague & On Demand

Netherlands

Unite with the development and impact finance communities at this flagship event in The Hague, Netherlands, for a day of networking and thought leadership discussions!

Full details
News
05 August 2022

JICA grant JPY1.879bn to mitigate food shortages in Afghanistan

JICA has signed a grant agreement of up to JPY1,879 million ($14 million) for the Project for the Enhancement of Food Production Capacity in Afghanistan. The agreement was signed with the Food and Agriculture Organization of the United Nations (FAO) and will be distributed to 11 provinces in the... More

News
05 August 2022

EC approves €31m through REACT-EU for Polish regions

The European Commission (EC) has approved more than €31 million through REACT-EU under the EDRF for four Polish regions to alleviate economic and social infrastructure strains along with measures to welcome Ukrainian refugees.The voivodeship of Silesia will receive €12 million for... More

News
05 August 2022

Welsh development bank joins QLM Series-A funding

QLM Technology, a Cardiff-based photonics technology company, has announced the closing of its Series-A funding and the signing of a Collaboration Agreement with Schlumberger.In addition to lead investment from Schlumberger, existing investors Green Angel Syndicate, Enterprise100 Syndicate,... More

News
05 August 2022

EDB and Tashir Group sign project financing agreements

The Eurasian Development Bank and Tashir Group have agreed to develop cooperation in the EAEU+ in metallurgy, telecommunications, energy and other sectors.EDB also agreed to finance infrastructure modernisation and the manufacture of metering devices as part of a programme to implement international... More

News
05 August 2022

Proparco grants $3.95m portfolio guarantee to Vitas, Iraq

Proparco has granted a $3.95 million portfolio guarantee to Vitas Group, marking its first operation within the microfinance sector in Iraq. Vitas aims to respond to the estimated $70 billion financing gap in Iraq’s private sector, with just 5% of MSMEs reporting to have received a loan from a... More

News
05 August 2022

IDB helps Barbados promote environmental sustainability

Barbados will promote environmental sustainability and economic development with a $100 million guarantee approved by the IDB that will allow the country to create a long-term instrument to finance measures related to sustainability and marine conservation.The government has set a target of 30% of... More

News
05 August 2022

Summa Equity expands outside Europe

Impact fund Summa Equity is opening its first office outside Europe - in Palo Alto, California. The expansion follows close on its third fund, a €2.35 billion impact fund, in January 2022. Summa has offices in Oslo and Munich and invests in companies that are solving global challenges and... More

News
05 August 2022

Romania's Premier Energy to get EBRD funding

The EBRD will provide a working capital revolving loan of up to €30 million ($30.6 million) to Romania's Premier Energy, a gas distribution network operator and gas supplier.The loan will enable Premier Energy to finance the increased value of gas contracts caused by the gas price surge... More