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News
11 April 2018

EAIF raises $385m for African infra projects

The Emerging Africa Infrastructure Fund (EAIF) has completed a $385 million round of fundraising for investment in infrastructure in Africa's most fragile economies....

News
11 April 2018

ADB hires Kessler from Swiss Re for disaster risk insurance role

The Asian Development Bank has hired Thomas Kessler, a long-time Swiss Re executive, into a newly created role of Principal Disaster Risk Insurance & Finance...

News
11 April 2018

ADB: Exports, domestic demand deliver solid growth in Asia and the Pacific

High demand for exports and rapidly expanding domestic demand helped growth pick up across most of the economies in developing Asia, according to the Asian Development...

News
10 April 2018
in
Renewable energy

Redstone CSP financing underway

Following the signing of a 20-year PPA with Eskom last week for the 100MW Redstone Solar Thermal Power project in South Africa, project sponsors SolarReserve...

News
10 April 2018
in
Manufacturing, Renewable energy, Traditional energy

SBI agrees loan for 900MW Arum III hydro project in Nepal

The SJVN consortium awarded the construction of the 900MW Arun III hydropower project in Nepal has made an informal agreement with the SBI for a Rs80 billion loan. The...

News
10 April 2018

Korea Investment Corporation hires Heenam Choi as CEO

Korea Investment Corporation has appointed Heenam Choi - previously an executive director of the International Monetary Fund - as chief executive officer. He succeeds...

News
09 April 2018

CDC and CAD sign MoU to boost investment in Africa

UK development finance institution CDC and the China-Africa Development Fund (CAD Fund) have signed a memorandum of understanding to strengthen their relationship...

News
09 April 2018

AIIB head Jin Liqun on misconceptions, being squeaky clean, and green

Jin Liqun, the inaugural president and chairman of the Asian Infrastructure Investment Bank, talks about misconceptions surrounding the China-led lender, what sets the...

News
09 April 2018
in
Renewable energy

Brazil eases funding bottleneck with $960m solar credit line

The Brazilian Ministry of National Integration has announced a $960 million credit line for distributed and centralized solar generation projects in three regions to...

News
09 April 2018

IsDB to pump $3bn into Egypt developmental projects

The Islamic Development Bank (IsDB) is set to lend $3 billion to support a number of developmental projects in Egypt between 2018 and 2020. It will also invest...

News
09 April 2018
in
Renewable energy

Senegal's CRSE selects Engie for two projects under Scaling Solar programme

The Electricity Sector Regulatory Commission (CRSE) has selected an Engie and Meridiam consortium to carry out two solar projects in Senegal which were awarded as part of...

News
06 April 2018
in
Traditional energy

Bapco in talks with banks, ECAs over $5bn Sitra oil refinery project

State-run Bahrain Petroleum Company (Bapco) has approached banks regarding financing needed to back the capacity expansion of the existing Sitra oil refinery - a project...

News
06 April 2018

AfDB agrees $50m Risk Participation Agreement for Commerzbank AG

The African Development Bank (AfDB) approved a $50 million unfunded Risk Participation Agreement for Commerzbank. The agreement will leverage Commerzbank support to...

News
06 April 2018
in
Traditional energy

ITFC agrees €68m murabaha deal with Cameroon for crude oil

The International Islamic Trade Finance Corporation (ITFC) has signed a €68 million syndicated murabaha agreement with Cameroon. The facility will be used to buy...

News
06 April 2018

ITFC agrees $3.285bn loan deal with Pakistan

The International Islamic Trade Finance (ITFC) is to lend Pakistan $3.285 billion. Of the amount, $3 billion will be used to finance trade activities for three...

News
06 April 2018
in
Traditional energy

DBSA finances $190m transmission line in Mozambique, Zimbabwe, South Africa

The Development Bank of Southern Africa (DBSA) is set to agree $190 million in financing towards the five-year construction of a new power transmission line linking...

News
05 April 2018

TXF Africa 2018: Early bird rate ends on Friday

The early bird rate for our Pan-African conference, TXF Africa 2018: Project, Export and Commodities Finance, taking place on the May 3 and 4, ends on...

News
05 April 2018

IFC and Georgia’s Basisbank help boost SME access to finance

The International Finance Corporation is providing a $10 million loan to Basisbank, a subsidiary of the Hualing Group - one of China's largest private enterprise...

News
04 April 2018

World Bank publishes Procuring Infrastructure PPPs report

The World Bank has published a new report on Procuring Infrastructure Public-Private Partnerships (2018) that draws on regulatory...

News
04 April 2018
in
Agriculture/food chain

FMO, EBRD, Proparco provide $65m facility to Turkey's Tiryaki Agro

Dutch development bank FMO is the lead arranger of a $65 million long-term loan facility to Tiryaki Agro, a Turkish processor of agricultural products. FMO provided $30...