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25 September 2020
in
Social infrastructure

OPEC Fund helps finance major road project in Tajikistan

The OPEC Fund for International Development has signed a $40 million public sector loan agreement with Tajikistan to co-finance a major transportation project that will...

25 September 2020
in
Renewable energy

EIB, BNP Paribas Bank Polska unite on energy efficiency investments

The European Investment Bank has signed a PLN71.2 million (€16 million) guarantee agreement with BNP Paribas Bank Polska to provide a first loss portfolio...

24 September 2020

Tackling Europe’s housing crisis

In late July, The Council of Europe Development Bank (CEB) agreed to provide a €63.2 million loan to Stuttgart’s housing association, SWSG, to increase the supply of...

24 September 2020

World Bank issues $70m sustainable development bond

The World Bank has issued a 20-year $70 million sustainable development bond. Fukoku Mutual Life Insurance Company was the sole investor, and Morgan Stanley was sole...

24 September 2020
in
Renewable energy, Traditional energy, Waste and water

EIB delays Gaza desal legal advisory deadline

The EIB has granted a deadline extension for the legal advisory role on the Gaza Central Desalination Plant and Associated Works Programme (GCDP). Bids were originally...

24 September 2020

IFC, Compass Group announce $21m investment to boost Peruvian SMEs

The International Finance Corporation and Compass Group have announced an alliance to channel working capital to hundreds of Peruvian companies, primarily SMEs, from...

24 September 2020

AFC issues inaugural CHF150 million green bond

The Africa Finance Corporation has issued its inaugural CHF150 million (about $162.2 million) Reg S senior unsecured benchmark green bond under its $5 billion global...

24 September 2020
in
Manufacturing, Traditional energy

€110m EIB loan finances Lithuanian smart meters project

The EIB has signed a €110 million loan for Lithuanian energy company AB Ignitis Grupė to fund installation of smart meters and implement IT solutions for data...

24 September 2020
in
Traditional energy

EBRD agrees €217m loan to Georgian Oil & Gas Corporation for Eurobond refinancing

The European Bank for Reconstruction and Development has agreed a €217 million loan to the Georgian Oil and Gas Corporation (GOGC) to refinance its Eurobond issue...

23 September 2020

EBRD agrees $20m trade finance limit to Crédit Agricole du Maroc

The European Bank for Reconstruction and Development is boosting trade in Morocco with a $20 million trade finance limit to Crédit Agricole du Maroc.The...

23 September 2020
in
Social infrastructure

World Bank invites EoIs from FAs for Delhi-Mumbai expressway

On 22 September, the World Bank requested expressions of interest from financial advisers for the INR825.14 billion ($11.187 billion) 1,275km Delhi-Mumbai expressway...

23 September 2020

City Climate Finance Gap Fund launched by World Bank, EIB

The City Climate Finance Gap Fund has been launched with the aim of unlocking at least €4 billion of investment in climate smart projects and urban climate...

23 September 2020

ADB lending to Indonesia to hit $10.7bn under 5-yr plan

The Asian Development Bank has endorsed its 2020–2024 country partnership strategy for Indonesia.ADB says its operations will support Indonesia’s inclusive...

23 September 2020
in
Agriculture/food chain

DEG finances peanut processor in Nicaragua

Deutsche Investitions- und Entwicklungsgesellschaft (DEG) has agreed a long-term loan of $20 million to Comercializadora de Mani, a peanut-processing company in...

23 September 2020

NDB prices $2bn COVID-19 benchmark bond

The New Development Bank has priced its $2 billion, five-year COVID Response Bond in the international capital markets. This is the NDB’s largest-ever USD benchmark...

23 September 2020
in
Renewable energy

CDC makes joint financing to Greenlight Planet’s solar business

CDC Group, the UK’s development finance institution, has announced a joint commitment of $90 million in partnership with investors to Greenlight Planet, a provider...

23 September 2020
in
Social infrastructure, Waste and water

IsDB approves $320m financing for water, sanitation, road, health projects

The Islamic Development Bank (IsDB) has approved $320.56 million in financing to new development projects in water and sanitation, health, roads and women empowerment in...

23 September 2020
in
Renewable energy

BNDES raises $100m from JBIC to finance wind farms

Brazilian development bank BNDES has secured a $100 million loan from the Japan Bank for International Cooperation. The funds raised will leverage support for the...

22 September 2020

Hellenic Development Bank set to unveil €3bn working capital financing

The Hellenic Development Bank is set to issue an invitation to banks to participate in the second phase of a scheme to unleash €3 billion in working capital for...

22 September 2020

Africa needs urgent trade finance boost in the wake of COVID-19, says report

There is an urgent need for financing to reenergize Africa’s trade in the wake of the COVID-19 pandemic, according to the latest trade finance report released by...