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News
21 February 2018

IFC inks green financing deal with Philippine, Mongolia banking groups

The International Finance Corporation has signed a memorandum of understanding with the Bankers Institute of Philippines and the Mongolian Bankers Association to foster...

News
21 February 2018

JBIC sets up joint Japanese Project Promotion Vehicle in Russian Far Eastern region

The Japan Bank for International Cooperation (JBIC) has signed a final agreement on the formation of a joint venture company to promote Japanese investment in the...

News
20 February 2018

EIB: Marjut Santoni to be new Secretary General

The European Investment Bank (EIB) has appointed Marjut Santoni as Secretary General. She will start her new role on 1 March. From 2013 to 2015, she was Deputy Chief...

News
20 February 2018

World Bank approves $486m to improve Nigeria’s electricity transmission network

The World Bank has agreed to provide $486 million to Nigeria to support its Nigeria Electricity Transmission Project. The funds will be used to upgrade electricity...

News
20 February 2018

EIB agrees loan to Banca Transilvania to boost Romanian SMEs

The European Investment Bank (EIB) has agreed to lend €75 million - the first tranche of an approved loan of €150 million - to Banca Transilvania, the second...

News
20 February 2018

IsDB launches $500m fund to support development start-ups

The Islamic Development Bank (IsDB) is launching a new fund which will provide seed money to innovative start-ups and small and medium-sized enterprises. Its Transform...

News
20 February 2018

EBRD boosts SMEs in Tunisia with UBCI financial package

The European Bank for Reconstruction and Development (EBRD) is providing a credit line for small and medium-sized enterprises for €30 million, a trade finance limit...

News
20 February 2018
in
Social infrastructure

IsDB, Sierra Leone sign $110m road construction deal

The Islamic Development Bank (IsDB) has signed a $110 million agreement with Sierra Leone to help finance the Kambia-Tomparie-Kamakwie Road construction. The $134.60...

News
19 February 2018

KDB to put Daewoo Engineering up for sale again

State-run Korea Development Bank (KDB) will put Daewoo Engineering & Construction Co. up for sale again after restructuring the ailing builder. The fate of Daewoo...

News
19 February 2018
in
Social infrastructure

ING and EIB provide $300m to finance green shipping

The European Investment Bank and ING have signed a €300 million agreement to support green investments for the European shipping market. ING and EIB will each...

News
19 February 2018

NIB finances Kemira's R&D and chlorate expansion in Finland

The Nordic Investment Bank and the global chemicals company Kemira Oyj have signed a loan agreement worth €90 million to finance the completed expansion of the...

News
19 February 2018
in
Waste and water

EIB to announce $69m new investment in Rwanda

The European Investment Bank (EIB) is set to confirm $69 million of new infrastructure and private sector investment in Rwanda. This will include announcement of the...

News
19 February 2018
in
Renewable energy

NEEV Fund invests in SunSource Energy

India's Low Income State Infrastructure Equity Partnership (the Neev Fund), with co-investment from the UK Department of International Development and the State Bank...

News
19 February 2018

Turk Eximbank and JBIC ink deal

Turk Eximbank and Japan Bank for International Cooperation (JBIC) have signed a memorandum of understanding to pave the way for investors and exporters of the two...

News
16 February 2018
in
Social infrastructure

D4 tender launch in April

The Czech Ministry of Transport announced, earlier this week, plans to launch the tender for the €275 million ($324 million) D4 motorway PPP in April. White &...

News
16 February 2018

NIB finances ESS laboratories and offices in Lund

The Nordic Investment Bank and the special-purpose vehicle SKR Spallation AB have signed a 23-year loan agreement of €30 million for the construction of offices and...

News
16 February 2018
in
Agriculture/food chain

EBRD agrees €50m loan to boost Ukrainian grain exporter Nibulon Group

The European Bank for Reconstruction and Development has agreed a €50 million loan to Nibulon Group, one of Ukraine's largest grain exporters, to help improve...

News
15 February 2018
in
Agriculture/food chain

EBRD supports Chinese investment in Egypt with loan to Angel Yeast

The European Bank for Reconstruction and Development is supporting Egypt's efforts to attract foreign direct investment in the country's agribusiness sector with...

News
15 February 2018
in
Social infrastructure

EU provides €38.5m to EBRD-funded railway project in Kosovo

The European Union is providing €38.5 million to finance the three-stage modernisation of Kosovo's railway infrastructure. The project will improve the...

News
15 February 2018

New deals bring World Bank's commitment to Iraq to $4.7bn

The World Bank Group and the Government of Iraq have signed two projects totalling $510 million to help improve living conditions, enhance water supplies, and create...