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News
09 April 2018

IsDB to pump $3bn into Egypt developmental projects

The Islamic Development Bank (IsDB) is set to lend $3 billion to support a number of developmental projects in Egypt between 2018 and 2020. It will also invest...

News
09 April 2018
in
Renewable energy

Senegal's CRSE selects Engie for two projects under Scaling Solar programme

The Electricity Sector Regulatory Commission (CRSE) has selected an Engie and Meridiam consortium to carry out two solar projects in Senegal which were awarded as part of...

News
06 April 2018
in
Traditional energy

Bapco in talks with banks, ECAs over $5bn Sitra oil refinery project

State-run Bahrain Petroleum Company (Bapco) has approached banks regarding financing needed to back the capacity expansion of the existing Sitra oil refinery - a project...

News
06 April 2018

AfDB agrees $50m Risk Participation Agreement for Commerzbank AG

The African Development Bank (AfDB) approved a $50 million unfunded Risk Participation Agreement for Commerzbank. The agreement will leverage Commerzbank support to...

News
06 April 2018
in
Traditional energy

ITFC agrees €68m murabaha deal with Cameroon for crude oil

The International Islamic Trade Finance Corporation (ITFC) has signed a €68 million syndicated murabaha agreement with Cameroon. The facility will be used to buy...

News
06 April 2018

ITFC agrees $3.285bn loan deal with Pakistan

The International Islamic Trade Finance (ITFC) is to lend Pakistan $3.285 billion. Of the amount, $3 billion will be used to finance trade activities for three...

News
06 April 2018
in
Traditional energy

DBSA finances $190m transmission line in Mozambique, Zimbabwe, South Africa

The Development Bank of Southern Africa (DBSA) is set to agree $190 million in financing towards the five-year construction of a new power transmission line linking...

News
05 April 2018

TXF Africa 2018: Early bird rate ends on Friday

The early bird rate for our Pan-African conference, TXF Africa 2018: Project, Export and Commodities Finance, taking place on the May 3 and 4, ends on...

News
05 April 2018

IFC and Georgia’s Basisbank help boost SME access to finance

The International Finance Corporation is providing a $10 million loan to Basisbank, a subsidiary of the Hualing Group - one of China's largest private enterprise...

News
04 April 2018

World Bank publishes Procuring Infrastructure PPPs report

The World Bank has published a new report on Procuring Infrastructure Public-Private Partnerships (2018) that draws on regulatory...

News
04 April 2018
in
Agriculture/food chain

FMO, EBRD, Proparco provide $65m facility to Turkey's Tiryaki Agro

Dutch development bank FMO is the lead arranger of a $65 million long-term loan facility to Tiryaki Agro, a Turkish processor of agricultural products. FMO provided $30...

News
04 April 2018

Afreximbank targets $700m financing to boost trade, infrastructure in Mali

The African Export-Import Bank (Afreximbank) will arrange $700 million multi-sourced finance to support trade and related infrastructure projects in Mali. The funds will...

News
04 April 2018
in
Traditional energy

IsDB agrees $185m infrastructure loan to Tunisia

The Islamic Development Bank (IsDB) has agreed to lend Tunisia $185 million to finance developments, including an electricity project worth $150 million and the...

News
04 April 2018

Jaiz Bank and IsDB sign $20m SME financing deal

Nigeria's Jaiz Bank and the Islamic Corporation for the Development of Private Sector - the development arm of the Islamic Development Bank (IsDB) - have signed a $20...

News
04 April 2018

Dyogo Oliveira to be made CEO of BNDES

Brazilian Planning Minister Dyogo Oliveira is set to take over as chief executive of state development bank BNDES. It comes as Brazilian President Michel Temer shakes up...

News
29 March 2018

DIT announces cybersecurity export strategy

The Department for International Trade (DIT) has highlighted its commercial and national security objectives under its new strategy to support cybersecurity exports.

News
28 March 2018
in
Agriculture/food chain

Olam International signs $163m loan with ADB and JICA

Olam International has signed a $163 million facility with ADB and JICA to support 20,000 smallholder farmers in Indonesia, Papua New Guinea, Timor-Leste and...

News
28 March 2018
in
Social infrastructure

FDN ups locally denominated lending to 4G

Colombian development bank Financiera de Desarrollo Nacional (FDN) has signed its first loan under its peso funding line initiative – a $200 million equivalent...

News
28 March 2018
in
Traditional energy

Endeavor reaches financial close on 50MW Te Power project in Guinea

Financial close has been reached on the 50MW Tè Power greenfield thermal power plant in Conakry, Guinea developed by majority owner Endeavor...

News
28 March 2018

IFC advising Bank Alfalah on SCF programme

The IFC has been mandated to provide supply chain finance advisory services to Bank Alfalah to help the local lender adopt best practise and boost access to finance for...