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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...

News
17 August 2018

ECGC takes stake in ATI

The government of India is investing $10 million in the African Trade Insurance Agency (ATI) – the first time a non-African government has become a member of the...

News
17 August 2018
in
Renewable energy

Sindicatum closes dual currency locally-denominated green bond

GuarantCo has provided a 100% wrap for a $60 million-equivalent locally denominated dual-currency green bond for Singapore-based renewables developer Sindicatum...

News
17 August 2018
in
Renewable energy

IFC agrees first Green Loan Principles deal in LatAm

The International Finance Corporation will provide Itaú Argentina with $50 million to expand financing to small and medium-sized enterprises, and sustainable...

News
16 August 2018

Gazelle Finance launches investment operations in Armenia

Gazelle Finance, a US investment fund manager, has launched investment operations in Armenia targeting investments in high growth small and medium-sized enterprises....

News
16 August 2018
in
Agriculture/food chain

EBRD agrees $44m loan to Egyptian agri company Beyti

The European Bank for Reconstruction and Development is providing Egyptian dairy and juice producer the International Company for Agricultural Industries Projects (Beyti)...

News
16 August 2018

IFC: $10m boost for sustainable fishing and new jobs in Solomon Islands

The International Finance Corporation and the private sector window of the Global Agriculture and Food Security Program have boosted support for the fishing...

News
15 August 2018

EBRD has stress-tested for 40% Turkish lira crash

The European Bank for Reconstruction and Development has passed internal stress tests for a 40% drop by the Turkish lira - but the currency has weakened more than that...

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

InfraCo Africa signs PPA for 60MW Djermaya solar project in Chad

The InfraCo Africa-controlled Djermaya Solar project has signed a 25-year PPA with Chad's Ministry of Energy and national utility La Societe Nationale...