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News
02 March 2018

FMO supports digital SME lending in Jordan and MENA

Dutch development bank FMO has financed Jordan-based liwwa, a start-up that offers finance to small and medium-sized enterprises through its digital lending marketplace....

News
02 March 2018

EDB provides a $20m loan facility to Alfa Bank for trade finance

The Eurasian Development Bank (EDB) and Alfa Bank signed an agreement to finance foreign trade transactions of Alfa Bank's clients. The EDB will provide $20 million...

News
01 March 2018
in
Renewable energy

Six prequalify for Madagascar Scaling Solar project

Six bidders have pre-qualified for Madagascar’s first Scaling Solar tender – a 25MWac solar photovoltaic/battery storage project located near Antananarivo....

News
01 March 2018

ADB backing TAP interconnection project

ADB is backing a framework agreement for the proposed Turkmenistan-Afghanistan-Pakistan (TAP) Power Interconnection Project that was signed last week. TAP will be phased...

News
01 March 2018
in
Renewable energy

First floating offshore wind financing nears close

Portugal's first floating offshore wind project, the €125 million ($152.4 million) 25MW Wind Atlantic farm, is expected to reach financial close in the...

News
01 March 2018
in
Renewable energy

FRV reaches financial close on Mexico solar project

ING Bank, Bancomext and KfW IPEX-Bank are providing $209 million of debt for a 300MW FRV-sponsored solar PV project in the Mexican state of San Luis Potosi. TSK...

News
01 March 2018

Afreximbank to raise $200m from share sale

Afreximbank is planning to raise up to $200 million via a share sale on the Nigeria Stock Exchange (NSE) to support lending and broaden its ownership base. The...

News
01 March 2018

Two senior appointments for CDC

UK development finance institution CDC has appointed former McKinsey partner Tenbite Ermias as its new Head of Africa with Chris Coles moving from Actis to...

News
01 March 2018
in
Social infrastructure

EIB supports Keflavik airport upgrade

Isavia, the state-owned company that operates all airports in Iceland, has raised a €100 million loan from the EIB to fund upgrades and expansion at Keflavik...

News
28 February 2018
in
Renewable energy

Kosava wind reaches financial close

MK Fintel Wind – a joint venture between MK Group (46%) and Fintel Energia Group (54%) – has reached financial close on the €117 million ($143 million)...

News
28 February 2018

EBRD financing rises to €9.7bn in 2017 but net profit drops

European Bank for Reconstruction and Development financing rose to €9.7 billion in 2017, from €9.4 billion in 2016. The number of individual EBRD projects in...

News
28 February 2018

AIIB agrees loan to help Bangladesh address power shortages

The Asian Infrastructure Investment Bank has approved a loan of up to $60 million for a project to increase power generation capacity in Bangladesh and help the country...

News
28 February 2018

CDB, UBA sign $100m loan deal to support SMEs in Africa

China Development Bank (CDB) and United Bank for Africa have signed a $100 million seven-year loan deal to finance the development of small and medium-sized...

News
27 February 2018
in
Renewable energy

ARENA CEO to step down in August

Ivor Frischknecht has decided not to seek a third term as CEO of the Australian Renewable Energy Agency and will step down in August when his current term ends.

News
27 February 2018

EBRD and IFC boost retail sector in Western Balkans

The European Bank for Reconstruction and Development and International Finance Corporation have agreed €164 million in loans to the investment firm Hystead to boost...

News
27 February 2018

DBRB export loans hit new high in 2017

The Development Bank of the Republic of Belarus (DBRB) issued 2.4 times more export loans in 2017 than 2016. It sealed a total of 21 export loan agreements worth Br415.8...

News
26 February 2018
in
Social infrastructure

EBRD finances development of Montenegro's main port

The European Bank for Reconstruction and Development is providing a loan of €20 million to support the development of Port of Bar, Montenegro's main sea port....

News
26 February 2018

EBRD offers massive expansion of motorways in Bosnia and Herzegovina

The European Bank for Reconstruction and Development (EBRD) is offering a massive increase in its support for the development and modernisation of the road infrastructure...

News
26 February 2018
in
Renewable energy

Equis Energy reaches financial close on 72MW Tolo 1 wind farm

Singapore-based Equis Energy has reached financial close on the 72MW Tolo 1 wind farm proposed for Jeneponto, in Indonesia's South Sulawesi province. The announcement...

News
26 February 2018

NIB and Sydbank seal SME financing deal in Denmark

Nordic Investment Bank and Sydbank have signed a €20 million cooperation agreement to jointly finance small and medium-sized enterprises and mid-cap companies in...