The Inter-American Development Bank (IDB) is actively engaged in coordinated efforts to fight the Covid-19 outbreak with member countries and other international...
Trina Solar Energy has reached financial close on the COP45 billion ($12.6 million) financing backing the 27MW Bosques de los Llanos 1 solar project. FDN and commercial...
Lithuanian oil terminal operator AB Klaipedos nafta has raised a €160 million 25-year loan commitment from Nordic Investment Bank (NIB) to finance the planned...
The EIB has signed the PLN258 million ($67.7 million) 15-year loan for Ignitis Renewables’ 94MW Pomerania Wind Farm project in Poland. Agreed earlier in the year,...
South Korea’s Heung-A Shipping is expected to roll out a corporate workout programme amid its tanking maritime cargo operations and growing piles of debt, a...
The African Development Bank (AfDB) has inked an agreement for a $75 million facility to Sudan’s DAL Group to finance improvements to the agribusiness sector, as...
The Beninese government has raised $21 million from the ECOWAS Bank for Investment and Development (EBID) to finance solar schemes for 750 socio-community infrastructures...
CAF has signed financing for the BOL103.1 million ($14.94 million) Tacachira Wastewater Treatment Plant (WWTP), located in El Alto, Bolivia. The scheme has been dormant...
The EIB has begun the stakeholder engagement process on key elements of its Climate Bank Roadmap 2021-2025. The Roadmap begins on 1 January 2021 and will provide the...
The EIB has signed a €250 million loan with TenneT Holding to finance the western section of TenneT’s Zuidwest 380 kV offshore wind transmission project. The...
Development Bank of the Philippines (DBP) is providing a PHP100 million ($1.98 million) loan to the Minicipality of Taraka under the Mindanao Water Program. The loan,...
Sponsors of the $647 million 216MW Upper Trishuli hydropower project in Nepal - Korea South-East Power (50%), Daelim Industrial (15%), Kyeryong Construction Industrial...
According to Uzbekistan’s Ministry of Energy, 54 bidders have responded to its call for expressions of interest in a 200MW solar project in Sherabad, in the (for a...
Senegal is expected to sign a DFI-backed loan to finance the $295 million Senegal Municipal Solid Waste Management (SWM) project, which spans several regions of the West...
The International Finance Corporation has arranged a €303 million financing package for a new €404 million gas fired power project in Côte...
Nigeria’s Senate has approved President Muhammadu Buhari’s plan to borrow $22.7 billion from development banks and creditors to finance infrastructure...
Somalia has cleared its arrears to the International Development Association, part of the World Bank Group. The payment was made possible through a $365.9 million...
The Asian Development Bank has officially opened its new office in Singapore. The office is led by Sonali Tang, who has worked at ADB for five years in various senior...
China is close to giving the go-ahead for some of its biggest state-owned companies to develop the giant Simandou iron ore mine in Guinea, potentially paving the way for...
Brazil plans to push for its own candidate to lead the Inter-American Development Bank, vying with Argentina for the regional lender’s top job, as President Jair...