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News
15 December 2021
in
Renewable energy

Ayana Renewables acquires 250MW solar project from ACME

Bengaluru-based renewable energy platform Ayana Renewable Power Private Limited has announced a deal to acquire a 100% equity stake in a 250MWac solar photovoltaic power...

News
15 December 2021

Burkina Faso signs ATI’s Participation Agreement

Burkina Faso's government has signed the Participation Agreement with the African Trade Insurance Agency (ATI), a condition precedent to the disbursement of €15...

News
15 December 2021
in
Agriculture/food chain, Manufacturing, Social infrastructure, Traditional energy, Waste and water

MCC and Africa50 agree to advance new global infrastructure platform

The Millennium Challenge Corporation (MCC) and Africa50 signed a Memorandum of Understanding to initiate a new phase in the launch of the Millennium Impact for...

News
15 December 2021

CDC agrees $25m financing to Nepal's GIME

CDC Group has announced a $25 million loan to Global IME Bank (GIME), one of the largest commercial banks in Nepal. CDC’s commitment will enhance GIME’s...

News
15 December 2021
in
Social infrastructure

$175m ADB loan supports Philippine bridge project

The Asian Development Bank has approved a $175 million loan to help the Philippine government build three new climate- and disaster-resilient bridges over the Marikina...

News
15 December 2021
in
Social infrastructure

ADB to help fund Uzbekistan railway electrification project

The Asian Development Bank has approved a $162 million loan that will electrify 465 kilometers of railway line connecting major urban centres in western Uzbekistan,...

News
15 December 2021

Gender lens investment fund Alitheia IDF unveils $100m final close

Alitheia IDF (AIF) - Africa’s first women-led and women-focused private equity fund - has announced the final close of the $100 million fund, with European...

News
14 December 2021
in
Social infrastructure

IFC arranges $125m financing for new terminal at Iraq’s largest port

The International Finance Corporation has arranged a landmark financing package for a modern shipping terminal in the Umm Qasr Port in Basra, Iraq's largest port and...

News
14 December 2021
in
Social infrastructure

AIIB, EBRD finance Ispartakule-Cerkezkoy Railway Project

The Asian Infrastructure Investment Bank has approved a €300 million ($338 million) loan for a connectivity project that aims to increase rail transport safety,...

News
14 December 2021
in
Agriculture/food chain

AfDB, IsDB help finance Nigerian Special Agro-Industrial Processing Zones

A $210 million loan approved by the African Development Bank could impact the lives of millions of people in Africa’s most populous country, Nigeria.The loan - made...

News
14 December 2021
in
Renewable energy, Traditional energy

EIF closes €50m commitment to Everwood Renewables fund

The European Investment Fund - part of the European Investment Bank Group - has closed a commitment to invest €50 million ($56.5 million) in Everwood Renewables V...

News
14 December 2021
in
Social infrastructure

eCential Robotics receives EIB financing for R&D

French growth company eCential Robotics, a medtech based in Grenoble specialized in surgical robotics, has signed a €15 million financing agreement with the European...

News
14 December 2021

G7 DFIs create platform to boost investment in fragile states

Development finance institutions funded by the G7 nations have announced the launch of a new platform designed to boost investment in fragile and conflict-affected states...

News
14 December 2021
in
Social infrastructure

Medical Credit Fund seals €32.5m fundraise

The Medical Credit Fund - a debt fund fully dedicated to small and medium-sized health enterprises in Africa - has announced the completion of a €32.5 million (about...

Perspective
14 December 2021

Bigger and bolder: Inside Climate Investor 2

Following the $675 million first close of CI2, Uxolo caught up with Climate Fund Managers’ George Beukering to find how the new blended finance investment vehicle has...

News
14 December 2021
in
Social infrastructure

EIB, EU boosts Ghana's fight against COVID

Ghana is set to benefit from one of the largest European Investment Bank supports for COVID health investment in Africa through a €75 million (about $85 million)...

News
14 December 2021
in
Social infrastructure

Philippines receives ADB loan to boost Covid vaccine supply

The Asian Development Bank has approved a $250 million loan to help the Philippine government secure additional coronavirus disease vaccine supply. The assistance will...

News
13 December 2021
in
Waste and water

$200m ADB loan to develop irrigation system in Pakistan

The Asian Development Bank has approved a $200 million loan for the development of an irrigation system in Punjab province in Pakistan that will help increase...

News
13 December 2021
in
Social infrastructure

CDB issues bonds for green transportation projects

China Development Bank has issued a total of CNY15 billion (about $2.36 billion) of bonds to support green transportation projects.With a three-year maturity and a fixed...

News
13 December 2021

Shinhan Bank Kazakhstan joins EBRD green financing facility

The European Bank for Reconstruction and Development is promoting green financing in Kazakhstan by offering new funds to micro, small and medium-sized enterprises that...