Cross-border PPPs are complex and few in number - but potentially highly impactful. Evgeniy Vinokurov, chief economist at Eurasian Development Bank (EDB), discusses the findings from EDB’s 2023 report 'Cross-Border Public- Private Partnerships' and what makes for a successful cross-border PPP. More
EIB and KfW are financing the construction one of Kosovo's largest solar photovoltaic plants near Pristina - with a capacity of up to 100MWac (120MWp). Upon completion, the plant is expected to produce around 169GWh of electricity and displace 174,000 tonnes of CO2 a year on average. The... More
Sustainable Development Capital (SDCL) has appointed Philip Doyle as Co-Fund Manager of the Green Energy Solutions Fund (GESF) and Managing Director of its Dublin office.Doyle most recently led the team for AMP Capital that managed the €750 million ($816 million) Irish Infrastructure Fund. He... More
The $1.1 billion SDG Loan Fund is one of the largest blended finance funds launched to date and follows a string of other landmark funds that have successfully tapped institutional capital, including the IFC MCPP and the ILX Fund. Nic Wessemius, MD of FMO Investment Management, talks to Uxolo about... More
EIB has approved a €700 million (about $763 million) green loan to expand Iberdrola’s electricity-distribution grid in Spain. An initial €500 million tranche has been signed.The total investment under the project amounts to €1.44 billion, with the remaining €740 million to... More
EBRD is financing the construction of a new wastewater treatment plant and associated infrastructure in Kazakhstan’s fourth-largest municipality, Aktobe.The bank is extending a sovereign loan of up to KZT47.4 billion (about $105 million) to a state-owned Aqtobe Su-Energy Group, a company... More
IsDB has agreed $225 million to finance new development projects in Nigeria and Malaysia which aim to foster socio-economic development and sustainability across key sectors.Nigeria secured a $125 million financing package for the Abia State Integrated Infrastructure Development Project. The... More
NIB has finalized a 7-year €50 million ($53.8 million) loan agreement with Nefab Group, a Swedish industrial packaging company. This funding will support Nefab's strategic acquisitions of US-based PolyFlex Products and Switzerland-based Cargopack, as well as its digitalization... More
EBRD has approved a €7 million ($7.6 million) loan to UniCredit Bank in Bosnia and Herzegovina as part of the multi-donor Green Economy Financing Facility (GEFF) for the Western Balkans.Through the GEFF, access to green finance will be facilitated for Bosnia and Herzegovina's residential... More
ADB has approved a $100 million loan to provide SMEs in Sri Lanka more access to finance and build their resilience to external shocks, such as the economic crisis and climate change. ADB, through participating financial institutions, will open a $50 million line of credit for underserviced... More
A $35 million credit has been approved by IDA for rural roads projects in three Cambodian provinces.The funding will support the Cambodia Road Connectivity Improvement Project (RCIP), which aims to improve climate resilient road access to markets, health services, and schools across Kratie, Kampong... More
IFC has appointed Paramita Dasgupta as its first Country Advisory and Economics Manager for Eastern and Southern Africa. She began her role on March 15 and is based in Nairobi.Dasgupta brings to her new role more than 25 years of experience working in public policy and investment climate... More
Divani Caravel, Leof. Vasileos Alexandrou 2, Athina 161 21, Greece
Join us on a mythical adventure through all things impact and development finance as we travel to the historic city of Athens for the first time!
Full detailsADB and Lhoopa have signed a loan agreement of up to $20 million to help deliver affordable housing for average-income earners in the Philippines, improving their quality of life and reducing the country’s housing shortage.The financing will support Lhoopa’s capacity to acquire,... More
A new National Energy Advancement and Transformation Program (NEAT) - supported by the World Bank - will help Zambia step up the financial sustainability, reliability, and resilience of its electricity sector by 2033.The $700 million program will help Zambia’s national power utility,... More
BlackRock has registered the Ukraine Development Fund in Luxembourg, with an initial commitment of $15 billion aimed at facilitating the reconstruction efforts in Ukraine.This move comes amid ongoing efforts to bolster the country’s economy in the aftermath of the Russian invasion. The fund... More
White & Case has added Lavanya Raghavan as a partner in London in its Global Mergers & Acquisitions (M&A) Practice and Global Private Equity Industry Group.Raghavan advises sponsors of private funds on fund formation, co-investments, carried interest and executive participation schemes... More
The Industrial Development Corporation of South Africa has approved a senior term loan of $53.4 million for Black Rock Mining's Mahenge graphite project in Tanzania.The IDC loan, together with the $59.6 million senior loan approved previously by DBSA, are expected to form the $113 million term... More
The World Bank has approved two new loans worth $520 million, providing additional financing to address Tunisia’s food security challenge and to balance regional disparities through improved road corridor connectivity in the country.A loan of $300 million will supplement the Emergency Food... More
EBRD is bolstering its support for access to finance for SMEs in Serbia through a new partnership with NLB Komercijalna Banka (NLBKBB). The EBRD is providing a €15 million ($15.9 million) loan to NLBKBB for on-lending to local Serbian SMEs.NLBKBB will utilize the funds from the EBRD's loan... More
AfDB has signed a €100 million loan agreement with the Fonds d’équipement communal to fund new investment and sustainable infrastructure projects backed by territorial communities in Morocco.The aim of the operation is to improve public services, particularly in rural areas, and... More