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News
15 May 2018
in
Renewable energy

EIB and China Exim agree €300m climate projects loan

The European Investment Bank will provide a €300 million framework loan in new climate finance partnership with the Export-Import Bank of China. The initiative is...

News
14 May 2018

IFC: Wiebke Schloemer is new Director for the Europe and Central Asia

The International Finance Corporation has appointed Wiebke Schloemer as its new Director for the Europe and Central Asia region. The former IFC regional infrastructure...

News
14 May 2018

EBRD and Jordan to step up infrastructure development

The European Bank for Reconstruction and Development and Jordan have sign a memorandum of understanding in connection with an infrastructure investment programme of more...

News
14 May 2018
in
Agriculture/food chain

IFC may extend $20m debt to boost Sri Lankan agri SMEs

The International Finance Corporation has proposed to extend up to $20 million local currency equivalent loan facility to Sri Lanka-based Central Finance Company. The...

News
11 May 2018

ADB and Citi agree $100m trade finance deal to help SMEs

The Asian Development Bank's Trade Finance Programme has signed a $100 million deal with Citi to share risk on a funded basis underlying trade finance...

News
11 May 2018

EBRD trade finance awards honour partner banks

The European Bank for Reconstruction and Development's Trade Facilitation Programme (TFP) has named its most successful partner banks in 2017 in an award ceremony at...

News
11 May 2018

EBRD partners with Turkey’s credit guarantee fund to unlock €300m for women-led firms

The European Bank for Reconstruction and Development and Turkey's Kredi Garanti Fonu (KGF) - a credit guarantee institution - are joining forces to expand financing...

News
11 May 2018

EBRD partners with Bank Al Etihad in Jordan

The European Bank for Reconstruction and Development and Jordan's Bank Al Etihad are joining forces under a $20 million risk-sharing agreement. The EBRD will share...

News
10 May 2018
in
Renewable energy

Galloper offshore wind farm tests bank appetite for refi

Sponsors of the £1.8 billion ($2.43 billion) 336MW Galloper offshore wind farm project in the UK – RWE, Siemens, Sumitomo and Green Investment Group –...

News
10 May 2018
in
Traditional energy

GuarantCo backs Quantum Terminals' landmark Ghana bond

GuarantCo has signed a deal with Quantum Terminals in support of Quantum's LPG storage business in Ghana. Quantum Terminals is issuing a GHS 45 million ($10 million),...

News
10 May 2018
in
Waste and water

EBRD, EU finance waste management project in Ulaanbaatar

The European Bank for Reconstruction and Development (EBRD) is providing a €7.9 million loan to Ulaanbaatar municipality to improve the Mongolian capital city's...

News
10 May 2018

IFC provides first loan in Egyptian pounds

The International Finance Corporation is providing a $15 million loan mainly in Egyptian pounds to Vinavil Egypt for Chemicals, a manufacturer of construction-related...

News
10 May 2018

EBRD-backed United Group plans €600m investment in Western Balkans

The European Bank for Reconstruction and Development-backed United Group will invest over €600 million in south-eastern Europe over the next five years. The private...

News
10 May 2018
in
Renewable energy

MIGA backs 3 wind farms in South Africa

The Multilateral Investment Guarantee Agency has announced guarantees of $73 million to support the construction, operation and maintenance of Noupoort, Khobab, and,...

News
09 May 2018

Iraq requests EBRD bank membership and support

Iraq has made a formal request to become a member of the European Bank for Reconstruction and Development. If the country is successful in its bid, it would take the...

News
09 May 2018

EBRD and UK finance upgrade of Amman's solid waste operations

The European Bank for Reconstruction and Development and the UK - through its Department for International Development (DFID) - are providing a financing package...

News
09 May 2018

ECAs, MDBs to help finance Argentina's $150bn infrastructure projects

Argentina is planning $150 billion in infrastructure investments in areas such as transportation, water and sanitation, irrigation, public housing and the power sector....

News
09 May 2018

Armenia's Ardshinbank secures funding from Commerzbank and ADB

Armenia's Ardshinbank has received $10 million from Germany's Commerzbank, with a guarantee from the Asian Development Bank's Trade Finance Program. The...

News
09 May 2018

AIIB approves membership of Papua New Guinea and Kenya

The Asian Infrastructure Investment Bank has approved the membership of Papua New Guinea and Kenya. The approvals bring the bank's membership to 86. The two countries...

News
09 May 2018

Can Sutken joins ADB'S Trade Finance Program team

Asian Development Bank's Trade Finance Program has announced that Can Sutken will join the team as Relationship Manager for Vietnam, Indonesia and the...