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News
28 March 2024

IsDB backs Pengerang Energy Complex

Islamic Development Bank has approved a $100 million financing for ChemOne's $4.4 billion Pengerang Energy Complex project in Malaysia.ChemOne started looking into...

News
28 March 2024
in
Finance and other

World Bank approves $1.5bn loan to Ukraine

The World Bank has approved a Development Policy Loan (DPL) worth $1.5 billion to support Ukraine's reforms and economic growth.The funds will be guaranteed by the...

News
28 March 2024
in
Climate finance

World Bank finances the upgrade of PMD's services

The World Bank has released the first tranche of its $50 million loan for the restructuring and upgrade of the Pakistan Meteorological Department (PMD). This loan aims to...

News
28 March 2024
in
Climate finance

Brazil and France launch €1bn plan for climate change and deforestation in the Amazon

Brazil and France have announced a €1 billion ($1.08 billion) investment plan to address climate change and deforestation in the Amazon.The investment plan seeks to...

News
28 March 2024
in
Agriculture/food chain, Social infrastructure, Social projects

BOAD approves nine new loans

BOAD has approved nine new totalling CFA169.483 billion ($280.2 million), bringing the total commitments of BOAD to 8.561.4 trillion ($14.1 billion).The new loans are...

News
28 March 2024
in
Renewable energy

Proparco finances Taspinar Hybrid SPP project

Galata Wind has signed a loan agreement worth $25 million with Proparco. The funds will support Galata Wind's Taspinar Hybrid SPP project, which has an overall...

News
28 March 2024
in
Finance and other

EBRD, Ukreximbank partner to unlock €40m in financing for Ukrainian private sector

EBRD has stepped in to support Ukraine's private sector by providing a €10 million ($10.8 million) unfunded portfolio risk-sharing instrument to Ukreximbank....

News
28 March 2024
in
Finance and other

Zimbabwe to join NDB

Zimbabwe's aspiration to join New Development Bank (NDB) has received a significant boost with declarations of support from Russia, South Africa, and now...

News
28 March 2024
in
Finance and other

ADF to receive new funding commitments

In May, donor governments are expected to announce new funding commitments for the grant-financing window of the ADB, known as the Asian Development Fund (ADF)....

News
28 March 2024
in
Finance and other

ANAVA backing Janngo fund

ANAVA – a fund of funds backed by the World Bank, CDC and KfW – is investing €4 million ($4.3 million) in Africa’s Janngo Capital Start-up Fund...

News
28 March 2024

Thiebot new head of sustainable and positive impact finance at Societe Generale

Societe Generale has Paul-Antoine Thiebot as head of sustainable and positive impact finance for Asia Pacific.Based in Singapore, Thiebot most recently held the role of...

Perspective
28 March 2024

Wanted: More data

Synthetic securitisations, risk transfers, programmatic approaches – the MDB toolkit is growing. But, as voiced by attendees and speakers at the recent Texel DevFIns...

Perspective
28 March 2024

Wanted: More data

Synthetic securitisations, risk transfers, programmatic approaches – the MDB toolkit is growing. But, as voiced by attendees and speakers at the recent Texel DevFIns...

News
27 March 2024
in
Renewable energy

Serbia's 94MW Pupin wind farm receives €91m funding

Enlight Renewable Energy has received a €91.4 million ($99 million) financing package to fund construction of a wind farm in Serbia.EBRD and Erste will provide...

News
27 March 2024
in
Social infrastructure, Social projects, Waste and water

CEB approves 11 new loans totalling €1.3bn

Council of Europe Development Bank (CEB) has approved 11 new loans across as many countries and a variety of sectors totalling €1.3 billion.In Bosnia and...

News
27 March 2024
in
Renewable energy

264MW Pagegiai wind farm secures funding

NIB and UAB LT Energija have signed a €100 million ($108 million) loan for a 264MW wind farm in Pagegiai, Lithuania. The EU supports €43.5 million of the loan...

News
27 March 2024
in
Social projects

Quantum Surgical gets EIB loan to advance tumour treatment

French medical robotics company Quantum Surgical is borrowing €30 million (about $32.5 million) from EIB to accelerate the worldwide commercialisation of a...

News
27 March 2024
in
Finance and other

GEMs publishes report on recovery rates in emerging markets

The Global Emerging Markets Risk Database (GEMs) Consortium - consisting of 25 multilateral development banks and development finance institutions that are pooling and...

News
27 March 2024
in
Social infrastructure

Philippines receives JPY250bn from JICA for road, metro projects

JICA has signed two loan agreements with the Government of the Philippines, totalling JPY250 billion ($1.6 billion). The loans will be allocated to two projects, namely...

News
27 March 2024
in
Social infrastructure

NIB finances Vasakronan’s building redevelopments in Sweden

NIB has partnered with Vasakronan to support the redevelopment and refurbishment of two buildings in Sweden with an SEK590 million ($56.5 million) ten-year loan. The aim...