In depth
25 October 2024

ECA, DFI and ODA – all under the one Kexim umbrella

It has been a year since Export-Import Bank of Korea (Kexim) set up a development finance operation. Hwang Kiyeon, senior executive director and board member at Kexim, sheds light on Kexim's new development finance products and approach, and how they differ from traditional ECA offerings. More

News
01 November 2024

EBRD and EU support Voltalia’s first project in Uzbekistan

The European Bank for Reconstruction and Development (EBRD) is helping Uzbekistan to further decrease its reliance on carbon-intensive thermal-power generation and will facilitate the country’s transition to a low-carbon economy by providing funds to construct a solar plant in the Khorezm... More

News
01 November 2024

EBRD and EU invest in energy efficiency in Montenegrin schools

The European Bank for Reconstruction and Development (EBRD) is providing a loan of up to €20 million to the government of Montenegro to improve the energy efficiency of 24 educational buildings in the country. The funds will be channelled through the Ministry of Education, Science and... More

In depth
23 October 2024

Vantage Risk: Insurance with digital in its DNA

Lila Granda talks strategy in her first interview since her appointment as head of political risk & credit at Vantage Risk. How does the company work with MDBs and DFIs? How do fronting solutions help? What is the role of CPRI in sustainable infrastructure finance, longer tenor deals, and above all,... More

News
01 November 2024

Independent Complaints Mechanism announces new expert panel member

The Independent Complaints Mechanism (ICM) of DEG, FMO, and Proparco is pleased to announce the appointment of Marina d’Engelbronner-Kolff as its new Independent Expert Panel Member. She will assume her responsibilities on 1 November 2024. More

News
01 November 2024

Ecobank issues $400m bond with support from Proparco

Proparco has announced its participation, alongside Africa Finance Corporation (AFC) and Eastern and Southern African Trade and Development Bank (TDB), as anchor investors in Ecobank’s $400 million Sub-Saharan African bond issuance.As development partner of Ecobank Transnational Incorporated... More

News
31 October 2024

Costa Rica tenders Puerto Caldera port PPP

The Instituto Costarricense de Puertos del Pacífico (INCOP) has published the tender notice for the Puerto Caldera Infrastructure and Equipment Modernization Project. The public-private partnership (PPP) aims to provide a modern, efficient and sustainable port that meets the demands of... More

News
31 October 2024

Cresol raises $85m for MSME lending

IDB Invest has signed two loans totalling $85 million for Brazilian credit cooperative Cresol. Proceeds will expand credit for low-income individuals and micro, small, and medium-sized enterprises (MSMEs). A $25 million loan will go to the cooperative Central Sicoper, and $60 million to the... More

News
31 October 2024

BNDES backs fibre providers

Brisanet and Alloha, the two largest internet service providers in Brazil, have secured nearly BRL400 million ($69 million) in financing from BNDES to expand their fibre networks.Brisanet was approved BRL200 million in a loan sourced from Fust, the telecoms services fund managed by BNDES. Proceeds... More

News
31 October 2024

JICA provides grant for Ventiane airport project

JICA has signed a JPY2.836 billion ($18.5 million) grant for the government of Laos’ Project for Improvement of Vientiane International Airport. The upgrade project includes expansion of the passenger terminal building and repair of aprons and taxiways. The project is expected to be completed... More

News
31 October 2024

Canvest raises WTE project loan from ADB

Asian Development Bank (ADB) has signed a $50 million loan (in yuan equivalent) for Canvest Environmental Protection Group to develop a WTE plant at Huizhou City, China, and to expand municipal solid waste management services in Quyang County.China is one of the world’s largest sources of... More

News
31 October 2024

AfDB approves $75m for Export Trading Group

African Development Bank (AfDB) has approved a $75 million sustainability-linked loan to support the African operations of Export Trading Group (ETG). The package includes $65 million from AfDB along with $10 million in concessional co-financing from the Agri-Food Catalytic Financing... More

Event
Mar 31 - Apr 2, 2025

Americas 2025: Agency, Energy & Infrastructure Finance

EAST Miami Brickell, Florida

Join leading lights from across development, project and export finance for a fast-track to new leads and deals across Latin America.

Full details
News
31 October 2024

ADB financing Cambodia education project

Asian Development Bank (ADB) has approved an $80 million loan to enhance secondary education in Cambodia. The Secondary Education for Human Capital Competitiveness Project will expand the number of inclusive climate-resilient school facilities – including an additional 400 classrooms –... More

News
31 October 2024

EIB financing Czech rolling stock

The EIB is lending CZK7.61 billion ($330 million) to Czech national railway operator Ceske drahy to buy 180 passenger coaches and 20 electric locomotives, and retrofit 219 existing coaches and locomotives with the European Rail Traffic Management System (ERTMS).The loan complements grants under the... More

News
31 October 2024

Namibia delays funding for rail projects

Namibia has moved funding allocated for railways in its 2024 budget to other projects. NAD2.1 billion ($119 million) will be reallocated due to low execution rates on capital projects. For the 2024/25 financial year, the government initially allocated NAD2.5 billion towards railway... More

News
31 October 2024

EBRD backing pet food plant project

EBRD is providing Ukrainian pet food producer Kormotech with financing to construct a second pet food plant in Lithuania.The €63 million project is being financed via a syndicated EBRD A/B facility of €40 million, of which €20 million will be provided by ILX Fund. The loan will be... More

News
31 October 2024

AfDB approves $54m loan for Mozambique wind project

African Development Bank (AfDB) has approved a $54 million loan for Mozambique's first utility-scale wind power project. The financing includes $12 million from the Sustainable Energy Fund for Africa. Additional support is expected from IFC, DFC, the Emerging Africa and Asia Infrastructure... More

News
30 October 2024

IFC finances 2 ACWA Power Uzbek renewable projects

ACWA Power has received a $240 million Islamic equity bridge loan for the development of projects in Uzbekistan's renewables sector.The financing is structured as a murabaha, comprising an A-Loan of up to $227.75 million and a $12.25 million trust loan through IFC's Managed Co-Lending... More

News
30 October 2024

AfDB finances 25MW solar project in Zambia

AfDB has approved an $8 million concessional loan to support the construction of a 25MW solar photovoltaic power plant in Zambia. The financing for the Ilute Plant will be sourced from the Sustainable Energy Fund for Africa, a multi-donor Special Fund managed by the bank.Serengeti Energy and... More

News
30 October 2024

Canary Islands hydroelectric project gets €300m loan

Red Electrica's project to build the Salto de Chira pumped-storage hydroelectric power plant in Gran Canaria has received a €300 million ($325 million) EIB loan.The plant will use a system of two water reservoirs at different heights to store or deliver energy from renewable energies... More