The ADB has joined the Global Energy Alliance for People and Planet to announce $35 million to help boost energy access and the energy transition in south and southeast Asia.The $35 million will be managed by the ADB through the forthcoming GEAPP Energy Access and Transition Trust Fund (GEATTF). The... More

The OPEC Fund for International Development and the EBRD have signed a new cooperation agreement.The two institutions have committed to build a strong pipeline of bankable projects through improved project preparation and technical assistance. The OPEC Fund is providing $2 million to support the... More

IDB Invest has provided a reverse factoring facility of up to $10 million to the suppliers of Tiendas TIA, one of the main supermarket chains in Ecuador.The project will provide Tiendas TIA with a financial solution to improve the financing conditions of providers of micro, small and medium-sized... More

The EBRD and the government of Spain are co-operating to shore up Ukraine’s food security and its municipal sector.Spain has signed an agreement to provide guarantees worth up to €100 million ($110.2 million) to support the bank’s operations in Ukraine’s municipal sector, as... More

The DFC and EIB have signed a MoU to foster their co-operation in identifying and supporting new investments globally.The MoU will enable possible projects in Africa, the Indo-Pacific, Latin America and the Caribbean, the Middle East, and the Western Balkans. Potential investments will focus on... More

The IDB has approved a $200 million loan to enhance Argentina's healthcare system, the first individual operation of a conditional credit line for investment projects (CCLIP) totalling $600 million. This loan aims to reduce premature mortality and close the gaps in access to health services... More

IDB has approved a $160 million loan to the Bahamas for policy reforms to improve its natural disaster risk governance.The loan seeks to create better governance conditions for implementing public policies for risk identification and reduction, disaster preparedness, recovery, and financial... More

The IFC has invested BRL400 million ($78 million) in a bridge corporate debenture issued by EcoNoroeste, an indirect subsidiary of Ecorodovias.The financing supports the development of the roads sector while continuing to attract private sector participation in toll roads.EcoNoroeste has recently... More

The IFC is mulling over a €30 million ($32.8 million) loan to a Vinci-led consortium to back upgrades to four international and three regional airports in Cape Verde. Financial close is due this summer. The projects, with an estimated total cost of €135 million ($147.5 million), have... More

The United Nations is seeking to mobilize $70.4 million for Malawi after the cyclone Freddy has devastated 15 districts in southern part of the country.Malawi needs funds to rebuild its natural assets and strengthen the food security of its people. This amount, estimated by the UN Office for the... More

DFC and USAID have signed a Memorandum of Understanding with the Government of Ukraine to support attracting private investments to Ukraine. The MoU is part of their efforts to help address the country’s urgent development priorities and economic recovery. Under the MoU, the Ministry of... More

EIB has participated in a €30 million ($32.9 million) financing of Neuromod Devices to further commercialise its tinnitus treatment device, Lenire.As part of the overall financing, a €15 million ($16.95 million) expansion of the Series B was led by Panakes Partners with participation from... More

The Green Climate Fund (GCF) has welcomed Austria's contribution of €160 million for the Fund's second replenishment (GCF-2).Austria's pledge is a 23% increase on the amount pledged during GCF-1. The sovereign is now a frontrunner in pledging support for GCF-2 which was launched... More

IMF has approved a two-year, $5 billion Flexible Credit Line (FCL) for Morocco. The amount is equivalent to SDR 3.7262 billion, and will enhance the country's external buffers and provide against plausible tail risks on a temporary basis. Morocco qualified for the FCL due to its strong... More

IMF has approved a new $261.7 million , or SDR 200.2 million, 40-month arrangement under the Extended Credit Facility (ECF) for Burundi. The credit facility will be supported by economic policies and reforms to support economic recovery from shocks, restore external sustainability, and... More

The Africa Fertilizer Financing Mechanism (AFFM) has committed to mobilise funds for the AFFM's Strategic Plan 2022-2028, in order to support the continent's access to fertilizer. Eleven institutional members of the Governing Council participated in a hybrid meeting hosted at the... More

AIIB has proposed a $300 million loan to foster the development of a climate-resilient ocean economy in the Beihai Municipality through integrated marine ecosystem management. The total project cost is expected to be $491 million, with AIIB contributing $300 million and counterpart funding... More

EIB and illimity Bank have signed a €200 million ($219 million) agreement aimed at supporting the working capital and liquidity needs of SMEs in Italian cohesion regions.illimity will provide funding of €100 million ($109.5 million) to these businesses through b-ilty, the illimity... More