The World Bank has approved additional funding of $135 million to scale-up Ukraine’s health sector response to the COVID-19 pandemic.The funds will help Ukraine...
The World Bank has approved a $14 million grant as part of the multiphase Advancing Sustainability in Performance, Infrastructure, and Reliability of Energy Sector...
The Asian Development Bank has approved a $200 million loan to support the Philippine government’s effort to provide emergency cash subsidies to vulnerable...
German holiday airline Condor has been cleared by the European Commission to receive a government loan of €550 million ($597 million) from the development bank KfW...
The European Bank for Reconstruction and Development has appointed Philip ter Woort Director for its eastern Mediterranean region, leading its operations in Jordan,...
The Inter-American Development Bank (IADB) and the Mexican Business Council have unveiled a programme to provide $12 billion in loans a year to small and medium-sized...
The Nordic Investment Bank has signed a ten-year loan agreement of €70 million with energy company Fortum Oyj to finance the refurbishment of two hydropower plants...
The Inter-American Development Group has debarred Brazilian conglomerate Andrade Gutierrez Engenharia for three years and one month. The ban follows an investigation...
The Business Development Bank of Canada has finalized the details of its new $20 billion Co-Lending Program. Financial institutions will progressively roll out the...
A 150MW geothermal power plant will be built in Ethiopia following a power purchase agreement signed between the Ethiopian Electric Power company and the Corbetti...
The World Bank has approved a $95 million financing package to support Uzbekistan’s immediate response to the impacts of COVID-19. The financing will be used...
The Nordic Investment Bank has returned to the sustainable market by launching a seven-year €500 million NIB Environmental Bond, due April 2027. BofA...
The World Bank has approved $53 million in financing for projects to improve the heating sector and sustainable livelihoods in Mongolia.The $41 million Ulaanbaatar...
The World Bank has approved a $100 million loan to Turkey for an Emergency COVID-19 Health Operation.The project will be implemented by the Ministry of Health and...
Korea Development Bank and the Export-Import Bank of Korea could shell out an additional relief of around KRW800 billion ($652.1 million) to Doosan Heavy Industries &...
Africa Finance Corporation has hired Dr Kinglsey Obiora as its new Chairman.Dr Obiora brings 19 years of banking and financial services experience. He has advised three...
The UK's CDC Group has announced the appointment of Jon Hughes as its Chief Risk Officer, effective immediately. He brings over 23 years of experience in risk...
The Asian Development Bank has approved a $177 million loan to India to upgrade 450km of state highways and major district roads in Maharashtra State. The project...
The European Bank for Reconstruction and Development has approved a €20 million loan for a project to improve water and wastewater services in Romania.The loan, to...
The French Development Agency (AFD) is to finance six new projects worth a total of €12 million to help 16 African countries combat the COVID-19 pandemic. Another 14...