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News
06 May 2025

NIB signs first defence loan with Savox

Nordic Investment Bank and Finnish Savox Communications have agreed a five-year €5 million investment loan to finance the company's defence-related research and...

News
06 May 2025
in
Social infrastructure

ADB and KfW sign new $2bn co-financing agreement

ADB and KfW have signed a a new amendment to their longstanding co-financing partnership, with KfW committing an additional $2 billion to support joint operations with...

Perspective
06 May 2025

20 minutes with: Faruq Muhammad, Standard Chartered

Uxolo speaks with Faruq Muhammad, Global Head, Development & Agency Finance at Standard Chartered Bank, guiding listeners through candid conversations on the bank’s role...

News
06 May 2025
in
Mining

SSAB secures €2.3bn for fossil-free steel mill

Swedish steel production group SSAB has secured a €2.3 billion ECA and DFI-supported green financing deal for a project to build a fossil-free mini-mill in Lulea,...

News
06 May 2025
in
Finance and other

AfDB appoints new director for water, sanitation dept

AfDB has appointed Mtchera Johannes Chirwa as director for the water and sanitation department. Chirwa brings to the role more than 30 years of development...

News
06 May 2025
in
Finance and other

CEB issues $1bn social inclusion bond

CEB has issued a $1 billion 3.625% three-year global social inclusion bond benchmark. The issuance priced at SOFR MS+36 bps (UST+7.2bps equivalent), tightening 1bp during...

News
06 May 2025
in
Finance and other

IFC unveils Ethiopis Tafara as new VP for Africa

IFC has appointed Ethiopis Tafara as its VP for Africa. Tafara previously served as the VP, chief risk, legal & sustainability officer and partnerships for the...

News
06 May 2025
in
Finance and other

NIB issues $1.25bn global benchmark bond

Nordic Investment Bank has priced a $1.25 billion five-year global benchmark bond. This is NIB’s first USD benchmark issuance of the year, following its €750...

News
06 May 2025

MIGA, IDB Invest sign first trade finance guarantee framework

MIGA and IDB Invest have signed a landmark trade finance guarantee framework agreement for up to $500 million to cover the non-payment risk of trade finance...

News
06 May 2025
in
Social projects

Argentina gets World Bank funding for job creation

The World Bank has approved an additional financing for Argentina to improve job placement and access to quality jobs for the unemployed through the expansion of training...

News
06 May 2025
in
Agriculture/food chain

Zambeef's expansion project gets AfDB funding

AfDB has approved a Zambian kwacha-denominated Risk Sharing Credit Guarantee of $32 million to support Zambeef Products' $100 million expansion program across its...

News
06 May 2025

Bosnia and Herzegovina to boost energy security

The World Bank has approved a €79.90 million loan and a €2.89 million grant to support Bosnia and Herzegovina’s National Energy and Climate Plan, enhance...

News
02 May 2025
in
Social infrastructure, Social projects

US and Ukraine form reconstruction investment fund

The US and Ukraine have launched a partnership for the reconstruction and long-term economic recovery of Ukraine.The Treasury Department and the US International...

News
02 May 2025
in
Traditional energy

US Ex-Im lifts curbs on coal plant loans

The Export-Import Bank of the United States is getting back in the business of helping to finance foreign coal power plants after its board voted unanimously to lift...

News
02 May 2025
in
Finance and other

IFC issues largest HKD bond

IFC has issued its inaugural benchmark public bond denominated in Hong Kong dollars (HKD). The three-year social bond raised HKD5 billion (around $650 million), the...

News
02 May 2025
in
Finance and other

World Bank appoints new VP for Eastern and Southern Africa

The World Bank has appointed Ndiame Diop as the new vice president for Eastern and Southern Africa.Diop has over 25 years of experience working across East Asia, the...

News
02 May 2025
in
Finance and other

AFC names new chair of board of directors

Africa Finance Corporation has appointed Ireti Samuel-Ogbu as chair of its board of directors. She succeeds Emeka Emuwa who has completed 12 years of service at...

News
02 May 2025

MIGA guarantee to expand Togo’s trade finance activities

MIGA has issued a trade finance guarantee of €146.4 million ($167 million) to Societe Generale for its loan to Togo, through the Ministry of Economy and Finance. The...

News
02 May 2025
in
Climate finance

Benin receives two IDA loans worth $180m

Two International Development Association financings totaling $180.7 million have been approved to help Benin improve land tenure security and strengthen the integrated...

News
01 May 2025
in
Finance and other

EDB places debut AED-denominated bond in Kazakhstan

The Eurasian Development Bank has placed its debut AED-denominated bonds on the Astana International Exchange, becoming the first issuer of UAE dirham bonds in...