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News
30 August 2018

Mauritius becomes 30th shareholder of Africa50

Mauritius has become the 30th shareholder of pan-African infrastructure platform Africa50. Mauritius is the fourth Southern African Development Community nation to...

News
29 August 2018
in
Social infrastructure

New Victorian government outlines rail projects for region

The re-elected Victorian Government has announced plans to improve the region's rail network. The Suburban Rail Loop project will encircle Melbourne and...

News
29 August 2018
in
Renewable energy

India's EESL to get $220m from IBRD for green projects

The International Bank for Reconstruction and Development (IBRD) will provide $220 million in funding for energy-efficiency projects run by India's state-owned Energy...

News
29 August 2018
in
Renewable energy

Equinor plans floating wind to power North Sea oil platforms

Equinor is evaluating a project to supply its North Sea oil and gas platforms with power from a floating offshore wind farm. The Hywind Tampen project will develop a 88MW...

News
29 August 2018

ADB agrees $245m loan for safe water projects in India

The Asian Development Bank has approved a financing package totaling $245 million to provide safe, sustainable, and inclusive drinking water service to about 1.65 million...

News
28 August 2018
in
Traditional energy

Reliance Power nears close on $750m LNG-to-power project deal

Reliance Power is expected to reach financial close on a $750 million loan over the coming months to finance its $1 billion integrated 750MW LNG power plant and...

News
28 August 2018
in
Waste and water

San Francisco gets $699m loan for sewer upgrade

The San Francisco Public Utilities Commission (SFPUC) has received a $699 million low-interest loan from the US Environmental Protection Agency (EPA) to part fund the...

News
28 August 2018
in
Traditional energy

New Fortress agrees to buy Shannon LNG project

New Fortress Energy has agreed to buy the long-delayed Shannon LNG project near Ballylongford, in County Kerry from Irish company Sambolo Resources. The proposed LNG...

News
28 August 2018

World Bank lends Togo $30m for infra and urban development program

The World Bank will lend Togo $30 million to advance its Urban Development and Infrastructures Program (PIDU). The funds will be used to improve access to basic...

News
28 August 2018

ADB agrees financing to transform Ulaanbaatar ger areas

The Asian Development Bank has approved an $80 million loan to help transform ger areas in Ulaanbaatar, Mongolia, into affordable, low-carbon, climate-resilient, and...

News
28 August 2018
in
IT and telecoms

EIB agrees €500m loan to Nokia for 5G research

Finland-based Nokia has signed a €500 million loan deal with the European Investment Bank (EIB) to boost its research and development of 5G technology. The loan is...

News
28 August 2018

AfDB helps launch Off-Grid Energy Access Fund With $58m

The African Development Bank, the Nordic Development Fund and other partners have committed $58 million to support the Off-Grid Energy Access Fund (OGEF). The fund is...

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...