The Asian Development Bank has approved technical assistance worth $500,000 to help operationalise EXIM Bank of Pakistan. Pakistan is likely to ask the ADB to capitalise...
South African state-owned power firm Eskom will get a $205 million (2.9 billion rand) loan from the African Development Bank (AfDB) to upgrade and expand its transmission...
The Asian Infrastructure Investment Bank (AIIB) plans to provide $541 million in loans for three infrastructure and power projects in Bangladesh. The bank is...
Cash-strapped Mumbai-headquartered Infrastructure Leasing & Financial Services (IL&FS) is to focus on management and execution of infrastructure projects, and...
The European Investment Bank (EIB) has agreed to lend €30 million to Georgia's TBC Bank in order to broaden access to finance for the...
The Asian Development Bank has approved a $150 million loan for a project that will improve municipal solid waste (MSW) management in ten counties and county-level cities...
The Nordic Investment Bank and Sweden’s Orusts Sparbank have signed a €12.5 million (SEK 130 million) to finance investments in small and...
The European Bank for Reconstruction and Development (EBRD) is providing a new $50 million trade facility to Banque Misr, Egypt to support the expansion of international...
Egypt has received the third and last $500 million tranche of a $1.5 billion African Development Bank (AfDB) loan which will support the government’s development...
The Asian Development Bank has agreed to provide a $300 million loan to help finance the construction of about 5.3km of elevated toll highway with related facilities...
Zhao Huan is to be named chairman of China Development Bank. Zhao was president of Agricultural Bank of China before the move.
The Overseas Private Investment Corporation (OPIC), Stanbic Bank Botswana - a member of Standard Bank Group, and Botswana Finance have signed a $125 million loan...
The Nordic Investment Bank and the Norwegian toll-road operator Ferde AS have signed a €104.5 million loan with a maturity of 17.5 years to finance the...
Sebnem Erol Madan has been appointed as head of the World Bank's newly-consolidated financial structuring and public-private partnerships practice. She brings...
The Asian Development Bank has approved a $300 million loan to finance the construction of a four-lane, 12km road on the East West Highway between Khevi and Ubisa in...
Africa50 will support the development of the continent's natural gas resources to help countries produce clean power, accelerate their industrialization and provide...
The Japan International Cooperation Agency (JICA) has signed a memorandum of cooperation with the US-headquartered Overseas Private Investment Corporation (OPIC) to...
Businesses in Latvia, Estonia and Lithuania are set to receive better access to finance under an unfunded risk-sharing facility of up to €35 million provided by the...
A new report by the Asian Development Bank says growth remains stable across most of developing Asia due to robust domestic demand, buoyant oil and gas prices, and a...
Five world powers and Iran have agreed to set up a financial facility in the European Union to facilitate payments for Iranian imports and exports, including oil - a key...