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News
27 August 2018

Dave Smith named as Bahamas Development Bank MD

Dave Smith has been named as the Bahamas Development Bank's managing director as the institution celebrates its 40th year anniversary. He has previously served as...

News
27 August 2018
in
Social infrastructure

Kingston names preferred proponent for Third Crossing bridge project

The City of Kingston has named the team of Peter Kiewit Sons ULC, Hatch and SYSTRA International Bridge Technologies as the preferred proponent for the detailed design...

News
23 August 2018

Angola investor risk - Honeymoon is over as nation seeks infra financing

There are growing indications that the 'honeymoon' period of Angola's new government is over as investors become concerned with entrenched state corruption...

News
23 August 2018
in
Social infrastructure

Canada Infrastructure Bank's first investment is $1.3bn loan to REM

The Canada Infrastructure Bank is making its first financing agreement with an investment in Montreal's C$6.3 billion ($4.8 billion) REM rail transit project. The...

News
23 August 2018

IFC’s largest sterling bond raises £500m

The International Finance Corporation has issued a seven-year sterling benchmark bond, raising £500 million to stimulate private sector development, help create...

News
22 August 2018
in
Manufacturing, Renewable energy, Traditional energy

US and Panama sign energy and infra investment initiative

The US and the Republic of Panama have signed a memorandum of understanding to foster cooperation on energy and infrastructure investment known as the Americas Grow...

News
22 August 2018
in
Traditional energy

IFC lead arranger for Meghnaghat II project in Bangladesh

The International Finance Corporation will be the lead arranger for financing to develop the Meghnaghat II natural gas-fired combined cycle power plant in...

News
22 August 2018
in
Renewable energy

Daystar and Nigeria's BOA join for solar development

Nigeria's state-owned Bank of Agriculture has signed a cooperation agreement with Sunray Ventures' Daystar Power for the installation of solar systems...

News
22 August 2018

FMO agrees grant to African fintech Lendable

Dutch development bank FMO is extending a convertible grant to Kenyan-based fintech platform Lendable, providing a 'first loss' backstop that is expected to...

News
22 August 2018
in
Renewable energy

Council-led solar project invites EOIs for 10MW Berri development

The Berri Barmera Council in South Australia’s Riverland region is inviting expressions of interest in a tender to build and operate a 10MW solar farm that is...

News
22 August 2018

World Bank issues report on private participation in infrastructure for IDA countries

The World Bank has issued a report on Private Participation in Infrastructure (PPI) amongst low- and middle-income countries from 2013-2017. In 2017, investments in...

News
22 August 2018

ADB issues inaugural Armenian dram linked bonds

The Asian Development Bank has raised AMD2.66 billion (about $5.4 million) from a new issue of offshore Armenian dram-linked bonds. The transaction was structured as a...

News
21 August 2018

OPIC resuming activity in Uzbekistan

The Overseas Private Investment Corporation, the US DFI, is resuming activity in Uzbekistan. Bilateral "road maps" are being realized to implement the...

News
21 August 2018

CDC appoints two new non-executive directors

CDC Group, the UK's development finance institution, has appointed two new non-executive directors, Dolika Banda and Andrew Alli, who will bring African experience to...

News
20 August 2018
in
Renewable energy, Social infrastructure, Traditional energy, Waste and water

The Philippines to discuss financing of Build Build Build projects with China

The Philippines' Department of Finance is set to discuss loan arrangements with China for the first basket of infrastructure projects under the Build,...

News
20 August 2018
in
Social infrastructure

IFC to advise on ADB-financed Gautam Buddha airport project

The International Finance Corporation (IFC) is to be appointed as the transaction advisory service provider for the Asian Development Bank-financed Gautam Buddha...

News
20 August 2018
in
Traditional energy

KfW signs €150m loan for Georgian underground gas storage facility

German development bank KfW has agreed a €150 million loan to the Georgian Oil and Gas Corporation to finance an underground gas storage facility. The project is...

News
20 August 2018

ADB approves $300m loan for Philippine's infrastructure programme

The Asian Development Bank has approved a $300 million policy-based loan to support the Philippines' efforts to strengthen the framework under which the private...

News
20 August 2018

IFC agrees $55m financing to boost SMEs in Argentina

The International Finance Corporation will provide $55 million to BIND Banco Industrial to expand the bank's lending to small and medium-sized enterprises in...

News
17 August 2018
in
Renewable energy

Parkwind lines up lenders for Northwester 2

Parkwind has mandated nine commercial banks for project financing of its 224MW Northwester 2 offshore wind farm in the Belgian North Sea. Construction is...