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News
10 July 2023
in
Traditional energy

ADB funds 359km transmission line upgrade in Uzbekistan

The Asian Development Bank has approved a $125 million loan to help enhance Uzbekistan’s power transmission grid, improving energy efficiency and enabling the...

News
06 July 2023
in
Waste and water

Greek water PPPs progress

Greece’s PPP water pipeline of projects are progressing, with the EBRD supporting three water-related projects in an advisory capacity.The three projects, with a...

News
06 July 2023
in
Finance and other

Colombia promotes sustainable fiscal policies with IDB support

IDB has approved a $500 million loan for the Program to Support Sustainable and Equitable Fiscal Policies in Colombia, which aims to boost equity and long-term fiscal and...

Perspective
29 June 2023

Recycling SDRs - the alternatives on the block

Calls for the reform of IMF’s Special Drawing Rights (SDRs) are getting louder – the volume was pumped up to high at the last AfDB meeting. Uxolo talks to Hassatou Diop...

News
28 June 2023

Breaking down the latest GIINsight

The GIIN’s latest GIINsight is out, this time documenting a five-year qualitative and quantitative survey of impact investor trends and insights. The world of...

News
26 June 2023
in
Climate finance

MDBs urged to leverage IMF Special Drawing Rights

The head of the African Development Bank, Dr. Akinwumi Adesina, has underscored the case for MDBs to be allowed to leverage International Monetary Fund Special Drawing...

News
19 June 2023
in
Social projects

IFC supports SME finance in Samoa

IFC is investing up to $4 million in National Bank of Samoa as part of efforts to boost access to finance for small and medium enterprises.The investment, in the form of...

News
15 June 2023

ADB pens $219.2m deal for Almaty CHP-2 project

ADB and Almaty Electric Stations have signed a KZT98 billion ($219.2 million) loan to finance the modernization of the Almaty Combined Heat and Power Plant-2 (CHP-2) in...

News
14 June 2023
in
Social infrastructure

ADB finances rural road in Nepal

ADB has approved a $100 million concessional loan for the additional financing of the ongoing Rural Connectivity Improvement Project in Nepal.The project, approved in...

News
13 June 2023
in
Climate finance

DFC insures Gabon's debt-for-nature swap deal

Gabon is currently in talks with The Nature Conservancy (TNC) for a $500 million debt for nature swap that would channel financing into a marine conservation project. The...

News
12 June 2023
in
Social infrastructure

Nepal invites bids for road projects

Nepal - via its ministry of physical infrastructure development - and the ADB have invited bids from developers to update three roads in the South Asian country.The...

News
12 June 2023
in
Renewable energy

Iberdrola signs €1bn EIB loan for solar, wind projects

EIB and Iberdrola have signed a €1 billion financing deal to fast forward the energy transition in Europe by building an extensive network of 19 solar power plants...

News
09 June 2023

World Bank’s first public bond exchange offer supports retail investors

The World Bank has completed a retail investor-oriented exchange offer of existing floating rate bonds referencing LIBOR to new bonds that reference a SOFR index. An...

News
01 June 2023

IFC appoints Abdullah Jefri as senior manager for GCC countries

IFC has named Abdullah Jefri as its new senior manager for the Gulf Cooperation Council — excluding Saudi Arabia.He will work with public and private partners to...

News
30 May 2023
in
Agriculture/food chain

UN, Afreximbank work to ease Russian grain, fertilizer exports

The UN is working with Afreximbank to create a platform to help process transactions for Russian exports of grain and fertilizer to Africa.An agreement struck in July...

Perspective
25 May 2023
in
Renewable energy

African renewables’ persistent commercial debt deficit

A review of the IFC’s scaling solar initiative, and what it says about the African project finance market.

News
23 May 2023
in
IT and telecoms

DFC finances data centre in Ghana

The US International Development Finance Corporation (DFC) has announced plans to build a $300 million data centre in Ghana.The loan will be provided to Africa Data...

News
23 May 2023
in
Social infrastructure, Social projects

Triodos Investment Management expands in Norway

Triodos Investment Management is further expanding its outreach in the Nordics by making the Triodos impact investing funds available for investors in Norway.Cultura Bank...

News
23 May 2023
in
Social infrastructure, Waste and water

Bosnia and Herzegovina get EU, WBIF funding

Projects financed by the EBRD in Bosnia and Herzegovina have received further backing from the EU and bilateral donors to the Western Balkans Investment Framework.The EU...

News
22 May 2023

Indonesia issues $747m blue bond

Indonesia has stepped into the blue bond market with a JPY104.8 billion ($757 million) Samurai trade, making it the first Asian sovereign to complete such an offering.The...