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...
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...
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...
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...
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...
As ILX Fund I hits its $1.05 billion target in commitments – diversification of the portfolio, co-financing with MDBs and DFIs, and allocation at scale are some of the...
The World Bank has agreed a $45 million IDA grant for the Tajikistan Water Supply and Sanitation Investment Project. The overall goal is to support Tajikistan in...
A new investigation has revealed that industrial rubber plantations in West and Central Africa have been linked to an area of tropical deforestation 16 times the size of...
The EIB is providing €50 million (about $53 million) to finance the research, development and innovation and decarbonisation activities of Italy-based Panariagroup...
Afreximbank has appointed Kanayo Awani as Executive Vice President of the Intra-African Trade Bank, with effect from July 1, 2022. Previously, Awani was Director of...
The Africa Fertilizer Financing Mechanism will extend a $2 million partial trade credit guarantee to ETG Inputs Ghana to support delivery of fertilizer to 200,000...
The world’s biggest economies are to stop funding any overseas fossil fuel development from the end of this year, in a move likely to choke off some of the...
The 57th AfDB Annual Meetings, held last week in Accra, produced a host of new initiative announcements and deal signings. But the unofficial shop-talk has just as much...
Will the sky fall in if multilateral development banks include callable capital in their capital adequacy ratios?
The Development Bank of Mongolia says it is set to pay off the outstanding bond payments of the JPY30 billion (about $235 million) Samurai Bond before its maturity date....
Aaron Batten has assumed office as Regional Director of ADB's Pacific Subregional Office in Suva, where he will oversee the delivery of financing and knowledge...
A consortium of investors made up of Amethis, the EBRD and SPE SPE Capital has acquired a majority stake in GlobalCorp, a non-banking financial services company in...
The AfDB and the government of Ethiopia have signed two separate grant agreements for new projects to boost youth employment and electricity trade between Ethiopia and...
The IADB, BNDES, the National Works and Public Services Bank of Mexico (Banobras) and the Latin American Association of Development Financing Institutions (ALIDE) have...
A newly-released report by Texel finds that DFIs receive preferential terms in comparison to other Non-Payment Insurance clients, largely driven by the fact that if the...