The EIB, backed by the InvestEU programme, is granting a €36.7 million loan to Konigswarter & Ebell, a fully-owned German subsidiary of Australia’s Pure Battery Technologies. The EIB financing comes in the form of a venture debt loan, supported by the InvestEU Green Transition... More

Proparco has subscribed to a $10 million green bond issued by Symbiotics Investments which will support the activities of Sun King, a kit supplier in sub-Saharan Africa.The bond was issued through the MSME Bonds platform, a Symbiotics initiative that has already enabled the issuance of 309 impact... More

Gridworks has appointed Patrick Crawford CB as its new Chairman. He takes over from Helen Tarnoy who had been in the role since Gridworks’ launch in 2019.Crawford comes to Gridworks with extensive financial services and investing experience in both developing and developed markets. He is... More

BNDES is mulling a BRL7 billion ($1.34 billion) sale of its stake in power company Eletrobras.The bank, which holds 74.55 million ordinary shares directly and 71.96 million through BNDESPar, could sell them in a block trade after the lock-up imposed by the firm's privatization offer ends on... More

AfDB has approved $301 million in loans and grants to overhaul the Kampala-Malaba Meter Gauge Railway in Uganda.The East African Community Railway Rehabilitation Support Project will bolster rail services and lower transportation costs in a region endowed with agricultural land, minerals and... More

ADB has entered into an $16 million agreement with ABIS Exports India to enhance food security in India by supporting construction of a fish feed plant.The financing will be also used for training up to 6,000 farmers in climate-resilient fish farming practices as well as financial... More

ADB has approved a $250 million loan to help Papua New Guinea’s state-owned enterprises deliver high-quality services through ADB-supported SOE Reform Program.Subprogram 3 supports PNG’s efforts to improve the operational performance and financial sustainability of SOEs and strengthen... More

ADB has approved a $7.51 million grant to Maldives to support a gender equality project.Maldives experiences persistent gender equality gaps, where women continue to shoulder most of the unpaid care work and gender-based violence remains prevalent, but services are limited. The grant will... More

ADB has approved a $300 million loan to upgrade more than 300km of state highways and major district roads in Assam, India.The project will expand state highways and major district roads from single lane to two lanes and introduce new climate- and disaster-resilient structures. It will establish... More

EIB is providing a €100 million ($104.6 million) framework loan to RLB NO-Wien for small and medium-sized renewable energy and energy efficiency projects in Austria.With this loan a €200 million ($209.3 million) credit portfolio will be created for financing clean energy projects.The... More

IDB has approved a $50 million loan to increase customs collection and customs controls in Honduras.The program’s goal is to improve the efficiency of Honduras’s Customs Administration, which was set up in 2020, by strengthening management and institutional governance. The operation will... More

IFC is supporting SMEs and bolstering the banking systems in Bulgaria, Croatia, Romania and Serbia.IFC's €110 million ($115.1 million) investment in a senior debt instrument issued by OTP Bank will help improve access to both climate and SME finance in the targeted countries. The markets... More

The World Bank has issued a A$50 million 15-year sustainable development bond while engaging with investors on the projects, programs that support developing countries.Taiju Life was the sole investor in the bond. TD Securities is the sole underwriter and distributor of the bond.The bond was issued... More

EBRD is providing a $10 million financial package to Ipak Yuli Bank to support green lending and women’s entrepreneurship in Uzbekistan.The package consists of a senior $6 million loan under the bank’s Green Economy Financing Facility, which will improve access to green technologies for... More

EIB has issued a guarantee to Citadele banka to support new lending to companies based in all three Baltic States. The deal will provide capital relief for the Citadele banka and enable it to grant at least €460 million ($481.5 million) in additional loans and leases to businesses in the... More

The World Bank has approved $250 million financing to help Bangladesh strengthen environment management and promote private sector participation in green investment.The Bangladesh Environmental Sustainability and Transformation (BEST) Project will support the Department of Environment to strengthen... More

AIIB has proposed a $25 million commitment into the GL China Opportunities Fund IV, which will focusing on China's healthcare industry.The fund, managed by GL Capital Management, will target buyouts and significant minority investments in growth equity and platform companies operating in the... More