In depth
24 May 2024

SLBs: The right debt tool for biodiversity?

Sustainability-linked bonds (SLBs) can be more flexible than traditional green debt and are well-suited to the long-term, outcome-oriented, carefully structured KPIs that biodiversity projects require. But if the structure is such a good fit with biodiversity, why are biodiversity SLBs still a... More

News
24 May 2024

Google unveils new intercontinental fibre route

Google has announced a new investment in a fibre optic route to directly connect Africa with Australia.Anchored in Kenya, the Umoja cable route will pass through Uganda, Rwanda, Democratic Republic of the Congo, Zambia, Zimbabwe, and South Africa, including the Google Cloud region, before crossing... More

News
24 May 2024

Husk to deploy 250MW of decentralised power projects in Nigeria

The Rural Electrification Agency (REA) of Nigeria and Husk Power Systems have signed a MoU to deploy up to 250MW of decentralised renewable energy (DRE) projects. The partnership will focus on a range of rural and peri-urban DRE projects, including power generation and distribution – both... More

In depth
17 May 2024

Financing last-mile connections in Africa

Low-income household energy projects in Africa are increasingly being financed via securitisation structures. The deals are relatively small, but the impact could prove as significant as new large-scale generation projects. More

News
24 May 2024

Sonatel's FCTC listed

The Fonds Commun de Titrisation de Creances (FCTC) Sonatel bond – backed by the EAIF and IFC as anchor investors – has listed on the Bourse Regionale des Valeurs Mobilieres (BRVM), the West African Economic and Monetary Union’s (WAEMU) regional stock exchange.The listing was... More

News
24 May 2024

AfDB'S SEFA funds mini-grid pilot programme

AfDB has approved $8 million to support the rollout of a pioneering pilot mini-grid programme with potential Africa-wide benefits.The funding, provided by the AfDB-managed Sustainable Energy Fund for Africa (SEFA) in the form of concessional loans, grants and risk mitigation, will finance up to 50%... More

News
24 May 2024

Metinvest secures BSTDB funding for Ukrainian mining

BSTDB is providing a new €10 million ($10.8 million) short-term facility to one of the subsidiaries of Metinvest Group.The loan aims to enhance the export of iron ore products of the group by facilitating committed working capital financing. It will bolster Metinvest’s export capabilities... More

News
24 May 2024

DBSA looking at South African transmission auction office

Development Bank of Southern Africa (DBSA) is negotiating with South African government ministries to establish an office that will manage auctions of transmission projects.The bank wants to build on its creation of the Independent Power Producer Office, which it handed over to the Department of... More

News
24 May 2024

Eurazeo Planetary Boundaries Fund is launched

Eurazeo has launched Eurazeo Planetary Boundaries Fund (EPBF), a thematic impact buyout fund which aims to build and scale tomorrow’s leaders to reverse or adapt to the overstepping of the planetary boundaries.EPBF will have a target size of at least €750 million and a portion of the... More

News
24 May 2024

ADB supports Indonesia's efforts to reduce plastic marine debris

ADB has granted a loan of $500 million to bolster Indonesia's program aimed at combating plastic marine debris. This funding will primarily support Indonesia's National Action Plan for Handling Marine Debris. The plan aims to reduce plastic waste flowing into the oceans by 70% by... More

News
24 May 2024

EBRD names acting MD for Central Asia

EBRD has named Huseyin Ozhan as its acting Managing Director for Central Asia. He is succeeding Zsuzsanna Hargitai, who has been appointed Managing Director, SME Finance and Development at the EBRD’s headquarters in London.Ozhan will assume his new role on June 1, 2024 and will continue to be... More

News
24 May 2024

Afreximbank to provide $115m to NRZ

The National Railways of Zimbabwe (NRZ) is on track to secure the $115 million loan facility from Afreximbank after the Government approved the establishment of a SPV that will be used to service it.Under the loan facility, $81 million will be used to procure rolling stock from RITES Ltd of India... More

Event
Jun 11 - Jun 12, 2024

Uxolo Global 2024: Development & Impact Finance

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 details
Event Session
06 March 2024
News
24 May 2024

EIB supports Castilla y Leon SMEs

EIB has signed a €25 million (about $27 million) loan with the regional government of Castilla y León via the Institute for Business Competitiveness of Castilla y León (ICECyL) to back SMEs and mid-caps in the Spanish region.The loan will enable ICECyL to finance projects from... More

News
24 May 2024

Indonesian solid waste management solutions partnership formed

AIIB, the Alliance to End Plastic Waste (AEPW) and Indonesia’s Ministry of Public Works and Housing (MPWH) have established a co-investment partnership to provide integrated solid waste management (SWM) services in select cities and districts in Indonesia.The partnership will strengthen SWM... More

News
24 May 2024

IDA approves $40m project to improve skills for better jobs in Cambodia

Around 33,000 Cambodians are expected to receive improved training and labour market services as a result of a $40 million credit approved by the International Development Association.The credit aims to enhance the quality and relevance of job-related skills among the country’s workforce and... More

News
24 May 2024

AfDB issues EoI for floating solar project feasibility study

AfDB has extended a request for EoI, asking for consulting firms to provide services under SEFA’s Africa Hydropower Modernization Program to support the bank and its clients in preparing a feasibility study for a floating solar project on the Lake Kariba reservoir, located between Zimbabwe and... More

News
24 May 2024

US Ex-Im backs SC's loan to FEICOM for equipment purchase

The Government of Cameroon has secured loan agreements to finance the shipment of civil engineering equipment worth XAF50.25 billion ($83 million) from the US to Cameroon. The Inter-Council Special Support Fund of Cameroon (FEICOM) will purchase the equipment from Hoffman International, which will... More

News
23 May 2024

Tajikistan bridge project receives AIIB, EBRD, OFID support

A project to construct a bridge in Tajikistan is being financed by AIIB, EBRD and OFID.The bridge and its approaches along the Obigarm-Nurobod section of M41 International Highway is the first of its size in Tajikistan and will serve as a vital link for Corridors 2, 3 and 5 of the Central Asia... More

News
23 May 2024

Syngenta, TNC extend collaboration on agriculture

Syngenta Group and The Nature Conservancy (TNC) have renewed their collaboration to address societal and environmental challenges related to agriculture. The partnership aims to link conservation goals with economic potential.Over the next three years, the collaboration will focus on scaling up... More

News
23 May 2024

Turkish miner Esan gets green boost via EBRD funds

EBRD is providing a $50 million loan to Turkish mining group Esan to finance the company’s resource and energy efficiency investments at the Balya polymetallic mine, in Balikesir.The funds will support the decarbonisation and electrification of Balya’s mining operations, improvements in... More