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News
26 March 2018
in
Renewable energy

Supreme Energy Rantau Dedap signs on project funding

Supreme Energy Rantau Dedap (SERD) – a joint venture between PT Supreme Energy, Marubeni Corporation, Tohoku Electric Power and ENGIE – has raised a $490...

News
26 March 2018
in
Waste and water

Gaza desal project secures €456 million funding

The EIB is to issue a tender for the Gaza Central Desalination Plant and Associated Works Project on 15 April 2018. The project - a 150,000 m3/d capacity...

News
26 March 2018
in
Renewable energy

Scatec Solar closes Mozambique‘s solar plant financing

Scatec Solar, KLP Norfund Investments and Electricidade de Mozambique (EDM) have closed debt financing and initiated construction of a 40 MW solar plant in Mozambique....

News
26 March 2018

ADB ups supply chain finance support for SMEs

Asian Development Bank (ADB) has approved $100 million in additional financing to extend the scope of its Supply Chain Finance Program (SCFP) for SMEs in the APAC region....

News
23 March 2018
in
Mining

Ma'aden seeks to refinance $1bn MBAC loan

Saudi Arabian Mining Company (Ma’aden) has hired BNP Paribas and National Commercial Bank to advise on refinancing $1 billion of debt for its...

News
23 March 2018
in
Agriculture/food chain, Renewable energy, Traditional energy

Neoen reaches financial close on Bulgana Green Power Hub

Neoen Australia has reached financial close on the $350 million Bulgana Green Power Hub project located near Stawell in Western Victoria, with long term debt...

News
22 March 2018

EBRD extends support to SMEs in Georgia, Moldova and Ukraine

The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) has agreed to put up €1.15 billlon ($1.42 billion) to support SMEs in...

News
22 March 2018

African trade deal to boost region’s credit profile, says Moody’s

A crucial free-trade treaty is expected to be signed at the African Union Summit in Kigali this week, with Moody’s expecting the deal to improve the credit profile...

News
22 March 2018

NIB and SG Finans launch new SME leasing facility

Nordic Investment Bank (NIB) and SG Finans are launching a €150 million ($187.4 million) loan for financing equipment leasing to small and medium-sized...

News
22 March 2018
in
Renewable energy

ATI and EIB roll out $1bn renewables facility

The European Investment Bank (EIB) and African Trade Insurance agency (ATI) today launched a $1 billion facility to fiannce renewables projects in sub-Saharan Africa. The...

News
22 March 2018
in
Social infrastructure

ADB extends $120m loan to India for rail developments

The Asian Development Bank (ADB) has agreed to extent a $120 million loan to the Indian government to finance the development of railway upgrades.

News
22 March 2018
in
IT and telecoms

NIB lends to broadband project in Norway

Nordic Investment Bank (NIB) has signed a NOK600 million ($77.6 million) 15-year loan with Eidsiva Energi to fund roll-out of optical fibre broadband networks in an area...

News
21 March 2018
in
Social infrastructure

AfDB agrees $93.1m financing for Rwandan road improvement project

African Development Bank (AfDB) has agreed $93.1 million of financing for the rehabilitation and widening of the Kagitumba-Kayonza-Rusumo road works in the Eastern...

News
21 March 2018
in
Renewable energy

Africa Energy Guarantee Facility to unlock $1.4bn clean energy investment in Africa

A new investment insurance initiative - the Africa Energy Guarantee Facility - by Munich Re, the African Trade Insurance Agency, and the European Investment Bank will...

News
20 March 2018
in
Renewable energy

Apodi Solar L/C signed

A club of banks have provided a BRL477.4 million ($144.8 million) four-year letter of credit as a guarantee to backstop a loan from Banco do Nordeste (BNB) to the 235MW...

News
20 March 2018

Why the new US DFI deserves the development community's support

The proposed new US development finance institution included in President Donald Trump's FY2019 budget is potentially game-changing for the country's development...

News
20 March 2018

AfDB approves $30m loan to Rwanda Innovation Fund

The African Development Bank has approved a loan of $30 million to support the establishment of Rwanda Innovation Fund. The main objective of the project is to promote...

News
19 March 2018
in
Renewable energy, Traditional energy

Entek Elektrik hydro debt priced to appeal

Signed last week, the long term acquisition facility backing Entek Elektrik’s TRY1.28 billion ($320 million) successful bid in the privatisation of...

News
19 March 2018
in
Renewable energy

JICA agrees $380m loan to upgrade Kenyan geothermal power plants

The Japan International Cooperation Agency (JICA) is financing a $380 million project to upgrade three Olkaria geothermal power plants in Naivasha, Kenya, with new...

News
19 March 2018

Raza Hasnani lands new role at Africa50 Project Finance

Pan-African infrastructure investment platformAfrica50 - capitalised by the African Development Bank, 25 African countries, and two central banks on the continent - has...