In depth
21 June 2024

Mobilisation: A reality check

The billions to trillions narrative which the development finance network has based its private capital mobilisation aspirations on since 2015 is on shaky ground because, as ODI’s latest research proves, institutional investors do not actually have that much cash held in emerging markets. Replicable... More

News
21 June 2024

Nigeria creates $2.6bn infrastructure company

Nigeria has approved the creation of a company, Infra-Co, to fast-track development of critical infrastructure, with around $2.6 billion in initial financing.Africa’s most populous country slipped into recession in its third-quarter for the second time in four years, hit by the coronavirus... More

News
21 June 2024

WIOCC signs sustainability-linked loans with IFC, Proparco

WIOCC has secured green financing from IFC and Proparco to fund its data centre and fiber roll-out in DRC, Nigeria, and South Africa.The financing includes loans of $10 million and ZAR200 million ($11 million) from IFC; and $20 million from France's Proparco. WIOCC also expects to sign an... More

In depth
14 June 2024

The new wave MDBs

New Development Bank (NDB) and the Asian Infrastructure Investment Bank (AIIB) were both set up almost a decade ago – 2015 and 2016, respectively. As their first decade of operations nears, how much progress have each of these banks made in respect to their original mandates, and what trajectory... More

News
21 June 2024

IDB executes innovative USD-BRL transaction with BNDES

IDB has executed an innovative foreign exchange transaction with BNDES to convert a $437.5 million US dollar-denominated loan to Brazilian real at a highly attractive rate.IDB closed the operation 50 basis points below a conventional currency conversion, providing BNDES with a cost-effective... More

News
21 June 2024

IDB Invest supports first gender bond in Bolivia

IDB Invest is supporting BancoSol issuing the first social gender bond in Bolivia for an amount of BOB205.8 million ($30 million). The issuance took place in the Bolivian Stock Market, and IDB Invest provided a partial credit guarantee covering up to 50% of the issue capital.The proceeds will go... More

News
21 June 2024

Uzbekistan receives $7.5m in carbon credits

Uzbekistan has become the first country in the world receiving a payment from the World Bank for reducing carbon emissions through a policy crediting program. This project – the Innovative Carbon Resource Application for Energy Transition – was crafted to support Uzbekistan in... More

News
21 June 2024

EBRD promotes sustainable mining in Mongolia

EBRD is providing funds to Khan Altai Resource (KAR), a special purpose gold mining company based in the Gobi Altai province of south western Mongolia.KAR will receive a loan of up to $10 million to procure specialised equipment for mining and processing purposes. This will help KAR, one the... More

News
21 June 2024

JICA launches JYP20bn bonds

JICA has launched a JPY 20 billion ($125 million) non-guaranteed domestic bond issue as part of its Fiscal Investment and Loan Program (FILP) Agency bonds.The bonds, designated as Issue No. 79, come with a five-year maturity period and will be issued on June 27, 2024, with a maturity date of June... More

News
21 June 2024

World Bank approves $535m Pakistan projects

The World Bank has approved $535 million in financing for Pakistan to support two projects. The additional financing for the Crisis Resilient Social Protection (CRISP) Program aims to strengthen the country's social protection system and build shock resilience among poor and vulnerable... More

News
21 June 2024

World Bank supports Cambodia’s economic growth and resilience

The World Bank has approved $275 million in credit to support Cambodia’s efforts to promote long-term economic growth and resilience. The financing, from low-interest International Development Association funds for developing countries, will promote reforms that boost private sector... More

News
20 June 2024

TDB pens landmark SACE-backed facility

Eastern and Southern African Trade and Development Bank (TDB) has secured a €100 million financing backed by SACE's Push Facility to boost African-Italian business. The deal is the first Push Facility offered to a multilateral development bank.SMBC and Citi are MLAs, and SMBC is bookrunner... 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
20 June 2024

China not continuing mega oil-backed loans to LatAm

China will not be resuming the mega oil-backed leaning of yesteryear as its focus turns to debt negotiations, according to the Inter-American Dialogue (IAD) and the Boston University (BU) Global Development Policy Center.A decade ago, Chinese lending to the Latin American-Caribbean region surpassed... More

News
20 June 2024

EIB Group, BBVA unlock €800m for SMEs

The EIB Group - European Investment Bank and European Investment Fund - has invested €377 million in the BBVA Consumer 2024-1 securitisation fund. This investment will enable BBVA to channel nearly €800 million (almost $860 million) into the real economy to finance energy efficiency... More

News
20 June 2024

Oceans group takes UK government to court over oil & gas licences

A marine conservation group has initiated legal action against the UK government, claiming the Conservatives’ decision to issue North Sea oil and gas licences without taking into account their impact on the environment was unlawful.Oceana UK, part of an international conservation organisation,... More

News
20 June 2024

KTH secures Afreximbank loan for Douala port expansion

UK firm Kharam Trading Holding has secured a €142 million (CFA93 billion) loan for Africa Port Development, a project company created for expanding the Douala Port, Cameroon.The money was secured from Afreximbank for constructing a bulk terminal on the right bank of the Wouri River at... More

News
20 June 2024

Afreximbank, Africa CDC in $2bn deal to support pharmaceutical manufacturing

Afreximbank and the Africa Centers for Diseases Control and Prevention (Africa CDC) have renewed their partnership with a new $2 billion cooperation agreement. Afreximbank has committed a $2 billion facility to the “Africa Health Security Investment Plan” to support the health... More

News
20 June 2024

Indosuez WM launches new impact fund

Indosuez WM has launched a new fund: Indosuez Funds - Impact. Classified as compliant with article 8 of the SFDR, the fund is built around 50 shares of international companies of all sizes.Selected impact companies are evaluated according to an internal methodology articulated around three... More

News
20 June 2024

EBRD agrees loan for new Tavan Bogd service centre

EBRD is extending a $15 million loan to Mongolia's Tavan Bogd, a domestic automotive retailer and an official dealer of Toyota vehicles.Funds will be used to finance the construction of its new automotive service centre.The eight-story building, which will also house Tavan Bogd’s showroom... More

News
20 June 2024

EIB lends €200m to Iren to boost electricity infrastructure

EIB and Iren Group have signed a €200 million ($215 million) financing deal to support the development and modernisation of electricity infrastructure in the municipalities of Parma, Turin and Vercelli.Funds will be used for the maintenance, renewal and development of existing distribution... More