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News
24 April 2020
in
Agriculture/food chain

IFAD makes landmark investment in impact fund helping rural SMEs

The International Fund for Agricultural Development (IFAD) has invested $9 million (€8.4 million) into the Agri-Business Capital Fund, a blended capital impact...

News
24 April 2020

EBRD launches Vital Infrastructure Support Programme

The European Bank for Reconstruction and Development has launched an emergency support programme for infrastructure providers across its emerging economies to ensure the...

News
24 April 2020

EIB boosts Bosnia and Herzegovina SME financing

The European Investment Bank will provide €10 million to Raiffeisen Leasing doo Sarajevo, Bosnia and Herzegovina, and unlock new financing for small and medium...

News
24 April 2020
in
Renewable energy, Traditional energy

ADB helps finance $115m battery energy storage system in Mongolia

The Asian Development Bank has approved a $100 million loan to help supply renewable energy to Mongolia by installing its first large-scale advanced battery energy...

News
24 April 2020

CEB and ICO provide €334m to support Spanish SMEs

The Council of Europe Development Bank (CEB) and Instituto de Crédito Oficial, Entidad Pública Empresarial (ICO) have signed a €300 million loan...

News
24 April 2020

Fitch: Suspension of debt payments to MDBs a risk to ratings

The suspension of sovereign debt payments owed to multilateral development banks would be negative for MDB ratings unless they were fully compensated by their...

News
23 April 2020

FMO helps scale up NASIRA financial guarantee amid COVID-19 crisis

The European Commission, together with Dutch development bank FMO, has scaled up the NASIRA financial guarantee to support small COVID-19 affected entrepreneurs in Africa...

News
23 April 2020
in
Social infrastructure

World Bank approves $100m funding for Philippines COVID-19 fight

The World Bank has approved a $100 million loan for the Philippines COVID-19 Emergency Response Project to help meet urgent healthcare needs in the wake of the pandemic...

News
23 April 2020
in
Social infrastructure

ADB approves $1.5bn for Indonesia's COVID-19 response

The Asian Development Bank has approved $1.5 billion in financing to support Indonesia’s efforts to alleviate the impact of the novel coronavirus pandemic on public...

News
23 April 2020

LG Chem signs $595m loan for EV battery plant in Poland

LG Chem, South Korea's largest chemical company, has signed a $595 million loan agreement with three banks in the latest move to secure financial resources to expand...

News
23 April 2020

IADB unveils Sustainability Report focused on climate resilience

The Inter-American Development Bank (IADB) has launched its 2019 Sustainability Report.The report details the lender's approach to sustainability, the footprint of...

News
23 April 2020
in
Social infrastructure

€102m NIB loan finances Elekta’s R&D activities for cancer care

The Nordic Investment Bank and the Swedish medical equipment solutions provider Elekta AB have signed a €102 million, seven-year loan to finance R&D costs for...

News
23 April 2020
in
Social infrastructure

AfDB and SA Taxi sign $100m loan agreement

The African Development Bank and South Africa's SA Taxi Development Finance have signed a $100 million loan agreement. The funds will support taxi operators with...

News
22 April 2020
in
Agriculture/food chain

Land and Agricultural Development Bank of South Africa warns of debt default

The Land and Agricultural Development Bank of South Africa has warned holders of debt amounting to ZAR50 billion ($2.6 billion) that it is in danger of...

News
22 April 2020

EBRD agrees €145m COVID-19 facility to Bank of Africa - BMCE Group

The European Bank for Reconstruction and Development has agreed a €145 million financing facility to Bank of Africa - BMCE Group in response to the impact of the...

News
22 April 2020
in
Social infrastructure

OPEC Fund dedicates $1bn to COVID-19 fight in developing countries

The OPEC Fund for International Development has dedicated $1 billion to fund COVID-19 impact and recovery efforts in developing countries. The allocation will be deployed...

News
22 April 2020

IFC invests €205m to support Romania’s green property sector

The International Finance Corporation is providing a green financing package of about €205 million to Warehouses De Pauw NV, a Belgian real-estate investment...

News
22 April 2020
in
Social infrastructure, Waste and water

World Bank finances education and water projects in Timor-Leste

The World Bank has approved two new projects totaling over $48 million for Timor-Leste .The $25 million Timor-Leste Water Supply and Sanitation Project, in Baucau, will...

News
22 April 2020

NIB unveils organisation changes as senior leaders leave

The Nordic Investment Bank has announced an organisational reshuffle to facilitate the succession planning due to the change of Presidency and the decision of two senior...

News
22 April 2020

Malta Development Bank unveils aid scheme for businesses hit by COVID-19

Maltese lender Bank of Valletta and the Malta Development Bank have launched the BOV-MDB COVID Assist, a financing scheme aimed at helping businesses facing disruptions...