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News
30 May 2018
in
Waste and water

EIB helps finance Egypt's Kafr El-Sheikh wastewater expansion

The European Investment Bank has offered preparatory technical assistance from its own funds to get Egypt's Kafr El-Sheikh Wastewater Expansion project...

News
30 May 2018
in
Waste and water

EBRD, EU to finance wastewater network in Jordan

The European Bank for Reconstruction and Development is providing €25 million, alongside €20 million in grants from the EU, to co-finance the construction of a...

News
30 May 2018

New Development Bank appoints Nhlanhla Nene as chairman

South African finance minister Nhlanhla Nene has been elected as the Chairman of the Board of Governors at the New Development Bank, established by Brazil, Russia, India,...

News
30 May 2018

JICA agrees loan for transmission project in Cambodia

The Japan International Cooperation Agency (JICA) has signed an ODA loan of up to 9.216 billion yen for the Phnom Penh City Transmission and Distribution System Expansion...

News
30 May 2018
in
Social infrastructure

NDB approves $200m loan for Durban container berth project

The New Development Bank has approved a $200million loan for the Durban container terminal berth reconstruction project. The scheme is aimed at helping transport...

News
30 May 2018

NDB outlines plans to expand lending to private sector

The New Development Bank wants loans to the private sector to eventually take up a 30% share of its project portfolio. Xian Zhu, the lender's chief operating officer,...

News
30 May 2018
in
Social infrastructure

EIB agrees €80m to finance Kosovo motorway

The European Investment Bank has agreed an €80 million loan to Kosovo for the construction of a new 30km single carriageway motorway on Route 6b between Peja and...

News
29 May 2018
in
Renewable energy

Denmark agrees $201m loan to finance Ethiopian wind farm

The Danish International Development Agency (DANIDA) has signed a $201 million loan deal with Ethiopia to finance the 100MW Assela Wind Farm project. It is the first...

News
29 May 2018

NDB eyes bond connect scheme for 5 billion yuan debt sale

The New Development Bank is planning to raise 5 billion yuan ($782 million) through a yuan-denominated bond sale in China's interbank market. The bond issuance,...

News
29 May 2018

AfDB helps finance Logone River bridge

The African Development Bank (AfDB) has signed two loan agreements for the partial financing of the construction of the Logone River Bridge, linking the city of Yagoua in...

News
29 May 2018

NIB agrees €147m loan to modernise Ellevio’s power distribution

Nordic Investment Bank has signed a €147 million, 15-year loan with the Swedish electricity distributor Ellevio AB to improve the quality of its infrastructure...

News
29 May 2018

Sri Lanka accepts $1bn loan from China Development Bank

Sri Lanka has accepted a $1 billion, eight-year China Development Bank syndicated loan to repay loans maturing this year. The bank was chosen from among four bidding for...

News
25 May 2018
in
Renewable energy

EBRD and Risen Energy sign deal to finance Kazakhstan solar project

Chinese solar panel manufacturer Risen Energy has signed a mandate letter with the EBRD for financing construction of a 63MW solar project in Kazakhstan. Construction...

News
25 May 2018
in
Traditional energy

Riau IPP moving forward

PT Medco Ratch Power Riau (MRPR) – a joint venture between Medco Power (51%) and Ratchaburi Electricity Generating Holding (49%) – is progressing on the...

News
25 May 2018

MIGA backs first float glass manufacturing plant in Nigeria

The Multilateral Investment Guarantee Agency has issued guarantees amounting to $71.9 million in support of the construction, operation and maintenance of a float...

News
25 May 2018
in
Renewable energy

Actis to buy majority stake in Kenya's Kipeto Wind Power

Equity company Actis LLP is negotiating for the purchase of a 88% stake in the 100MW Kipeto Wind Power located 70km southwest of Kenya's capital Nairobi. Craftskills...

News
25 May 2018

NIB and LHV Pank to finance SME investments in Estonia

Nordic Investment Bank and Estonia's AS LHV Pank have signed an agreement to launch a five-year €20 million loan programme for onlending to small and...

News
25 May 2018

LatAm and Caribbean export recovery continues, with signs of slowdown

The value of Latin American and Caribbean exports rose 10.6% in the first quarter of 2018 against the same period last year, according to a report by the Inter-American...

News
25 May 2018

Bancóldex issues $100m in bonds to finance small business projects

Colombian development bank Bancóldex has issued bonds with a value of around $100 million with the aim of financing small business projects. The market demand was...

News
25 May 2018

RDIF signs deal over methanol production plant in Ust-Luga

Russian Direct Investment Fund (RDIF), Japan's Marubeni Corporation, Baltic Gas Chemical Company and Invasta Capital have signed a trading and investment cooperation...