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News
15 September 2022
in
Climate finance

IDB supports sustainable farming, tourism in Belize

IDB has approved a $15 million loan and up to $800,000 in grant funding for the Sustainable and Inclusive Belize project.The project seeks to bolster revenue from...

News
13 September 2022
in
Social infrastructure

Hearing for privatization of Brazil's major port postponed again

The public hearing for the privatization of Brazil's largest port terminal, Port of Santos, has been postponed for a third time following on an announcement by...

News
06 September 2022
in
Social infrastructure

KfW funds €250m for ZF Friedrichshafen for autonomous driving

KfW IPEX-Bank is providing €250 million for ZF Friedrichshafen, a global supplier to the automotive industry in the areas of safety technology, gearboxes, drive and...

News
26 August 2022
in
IT and telecoms

IFC considering $30m investment into WIOCC

The International Finance Corporation (IFC) is considering an investment of up to $30 million to support the West Indian Ocean Cable Company’s (WIOCC) entry into...

Perspective
25 August 2022

Uxolo Development Finance Awards 2021: The DFI-backed infra super deals

In the second part of the inaugural Uxolo Awards we look at the best DFI-backed infrastructure deals of 2021 - projects and funding that are key to wider economic...

News
12 August 2022

FMO unveils 2022 interim report

FMO has released its 2022 interim report, detailing how its profit for the first part of the year amounted to €102 million, compared to €198 million this time...

News
11 August 2022

IFC boosts access to finance for Nepal SMEs

IFC is investing $45 million in Nepal's recovering financial sector as part of a wider SME strategy, which aims to help spur a greater range of financial products and...

News
10 August 2022
in
Social infrastructure

IDB Invest provides MXN1.5bn for housing in Mexico

IDB Invest is lending MXN1.5 billion ($74 million) to Inmobiliaria Ruba, a leading house developer in Mexico. The project aims to develop low-income and middle-income...

Perspective
10 August 2022

Uxolo Development Finance Awards 2021: Pathfinders through the pandemic

In the first part of the inaugural Uxolo Awards we look at the best providers and financial engineering innovations in development finance in 2021.

News
09 August 2022

New AfDB role for Alex Mubiru

AfDB has appointed Dr Alex Mubiru as Director General, Cabinet Office of the President, with effect from 16 August.He brings almost 25 years of experience with track...

News
02 August 2022
in
Social projects

Uruguay promotes innovation and entrepreneurship with IADB Loan

The IADB has approved a $45 million loan to help speed up Uruguay’s post-pandemic economic recovery by fostering business innovation and productivity.The loan is...

Perspective
29 July 2022
in
Finance and other

MDB capital adequacy report: A mixed reception

The G20 mandated independent review of multilateral development banks’ (MDB) capital adequacy frameworks is out and has some key recommendations that could significantly...

News
22 July 2022
in
Renewable energy

Malawi supports solar PV plant in Malawi

MIGA has issued guarantees of $24 million to JCM Golomoti UK for equity and shareholder loan investments into Golomoti JCM Solar Corporation for the development,...

News
20 July 2022
in
Social projects

Bank of Africa to issue Its first social bonds

Bank of Africa is preparing to launch its own line of social bonds, a financing tool under a budget cover of MAD500 million ($48.5 million) dedicated to support projects...

News
18 July 2022
in
Renewable energy

Powin secures $135m funding

Singapore’s sovereign wealth fund GIC has led a $135 million funding package for energy storage developer Powin, supported by existing investors Trilantic Energy...

News
13 July 2022

KKR raises $1.5bn for second Global Impact Fund

KKR has raised $1.5 billion for it’s Global Impact Fund II, exceeding the $1.3 billion raised for its first global impact fund in 2020. The new fund will employ the...

Perspective
12 July 2022
in
Health/education programmes

Aspen Pharma: Great financing but where's the procurement support?

The Aspen Pharma deal was expected to fund Africa's first homegrown industrial scale Covid-19 vaccine production. There was nothing wrong with the financing or the...

News
12 July 2022
in
Climate finance, Social infrastructure

Texas based Crossroads Impact Corp announces new investments

Austin-based Crossroads Impact Corp (Crossroads) has announced a new $180 million equity investment from funds managed by P10 and Conversant Capital (Conversant) and a...

News
05 July 2022
in
Mining

AfriTin subsidiary signs Uis project financing facility

AfriTin Mining subsidiary Uis Tin Mining has signed a conditional, credit-approved term sheet for a lending facility with the Development Bank of Namibia to fund the Uis...

News
30 June 2022
in
Renewable energy, Traditional energy

$515m World Bank loan boosts Bangladesh energy supply

The government of Bangladesh and the World Bank have signed a $515 million financing agreement to help nine million people get access to reliable electric supply while...