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News
08 April 2020

CIB announces leadership changes

The Canada Infrastructure Bank Board of Directors has announced that CEO Pierre Lavallee is stepping down effective immediately. Current CFO and CAO Annie Ropar will...

News
07 April 2020

DFIs unite to respond to COVID-19 in developing countries

The development finance institutions of 16 OECD countries, grouped under the DFI Alliance, have issued a joint statement announcing they will work together to respond to...

News
07 April 2020
in
Renewable energy

Tender for solar power plants projects launched in Guinea Bissau

African Biofuel and Renewable Energy Co has issued a call for tenders for the construction of a solar power plant and two mini hybrid power plants in Guinea Bissau.The...

News
07 April 2020
in
Renewable energy

BNDES to finance 361MW Campo Largo 2 wind project

Brazilian utility Engie Brasil Energia has approved the signing of a BRL1.243 billion ($237.4 million) loan with the country's development bank BNDES for the 361.2MW...

News
07 April 2020
in
Waste and water

AIIB approves loans for Uzbek water supply and sewage project

The Asian Infrastructure Investment Bank (AIIB) has approved a sovereign financing package to back a water supply and sewage scheme in central Uzbekistan.The first phase...

News
06 April 2020
in
Social infrastructure

AIIB agrees $404m loan for Bangladesh cross-border road project

The Asian Infrastructure Investment Bank has agreed a $404 million loan to improve Bangladesh’s intercity travel and cross-border connectivity.The upgrade of the...

News
06 April 2020

KfW IPEX cheers successful 2019 but warns of COVID-19 impact for 2020

New financing commitments by Germany's KfW IPEX-Bank hit a historical high at €22.1 billion last year - as the lender warned that the coronavirus means that 2020...

News
06 April 2020

AFC commits funding to Central Bank of Nigeria for COVID-19 fight

Africa Finance Corporation is to provide over NGN500 million to the Central Bank of Nigeria (CBN) Private Sector Coalition against the coronavirus pandemic, aimed at...

News
06 April 2020

EIB Group moves to scale up economic response to COVID-19 crisis

The European Investment Bank has discussed the creation of a €25 billion guarantee fund to enable the EIB Group to scale up its support for companies in all 27 EU...

News
06 April 2020
in
Renewable energy, Traditional energy

Eli Hopson named first CEO at DC Green Bank

The District of Columbia's newly created DC Green Bank has hired attorney and clean energy expert Eli Hopson as its first Chief Executive Officer. The institution...

News
06 April 2020
in
Renewable energy

Canadian Solar closes $30m CPDFund financing

Canadian Solar has closed a $30 million financing agreement with  the China-Portuguese Speaking Countries Cooperation and Development Fund (CPDFund) that will be...

News
06 April 2020
in
Social infrastructure

NIB helps finance €136m seaport expansion in Lithuania

The Nordic Investment Bank and the Klaipeda State Seaport Authority have signed a €68 million, 19-year credit facility agreement for infrastructure invesments in...

News
06 April 2020

Caribbean Development Bank commits $140m to help COVID-19 fight

The Caribbean Development Bank has approved a $140 million package to help member countries tackle the fallout of the COVID-19 pandemic and other shocks to their...

News
03 April 2020
in
Renewable energy, Traditional energy

CIF agrees $28m financing to boost Zanzibar’s energy sector

The $8.5 billion Climate Investment Funds (CIF) has approved a financial package of $28 million to support sustainable energy development in Zanzibar. The...

News
03 April 2020

China Construction Bank issues first RMB bond in Kazakhstan

The first yuan-denominated bond - issued by the China Construction Bank, Astana branch - has been listed on Kazakhstan's Astana International Exchange and the Hong...

News
03 April 2020
in
Manufacturing, Traditional energy

EIB agrees €100m loan with Finland's Elenia

The European Investment Bank has signed a €100 million loan with Elenia, a distribution system operator in Finland. The investments focus on improving security and...

News
03 April 2020
in
Renewable energy

RFQs for Tulu Moye geothermal project due mid-May

TM Geothermal Operations (TMGO) – a 50/50 joint venture between Reykjavik Geothermal and Meridiam Infrastructure Africa Fund – invited requests for...

News
03 April 2020

ADB: Asia growth to fall as coronavirus crisis hits

Regional economic growth in developing Asia will decline sharply in 2020 due to the effects of the coronavirus pandemic, before recovering in 2021, according to the Asian...

News
03 April 2020

World Bank launches first operations for COVID-19 emergency support

The World Bank has approved a first set of emergency support operations for developing countries around the world, using a dedicated, fast-track facility for COVID-19...

News
03 April 2020
in
Social infrastructure

NIB helps finance €86m railway maintenance in Norway

The Nordic Investment Bank has signed a ten-year loan facility to co-finance Bane NOR Eiendom’s investments in railway maintenance facilities for 2019-2024.The...