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20 May 2025
in
Climate finance

CABEI issues blue bond to fund Lake Yojoa recovery

CABEI has priced a new blue bond for €30 million to finance the sustainable recovery of Lake Yojoa in Honduras.The issuance, targeted at a Spanish investor, was...

20 May 2025
in
Renewable energy

Sun King secures $80m to expand solar access in Nigeria

Sun King has secured an $80 million, fully Naira-denominated loan facility to scale access to off-grid solar energy in Nigeria. The financing from IFC and Stanbic IBTC...

20 May 2025
in
Traditional energy

Oksenelvane hydropower upgrade gets NIB financing

NIB and Norwegian Sogn og Fjordande Energi (SFE) - a supplier of renewable energy in western Norway - have signed a €30 million (about $33.7 million) investment loan...

20 May 2025
in
Climate finance

Reforestation group re.green wins new BNDES support

Brazilian forest restoration group re.green has secured BRL80 million (over $14 million) from BNDES via the Climate Fund. The deal marks the first biodiversity label...

20 May 2025
in
Social infrastructure

Portuguese school rehabilitation project receives €300m

EIB has signed a €300 million (about $338 million) deal with Portugal to co-finance the School Restoration and Rehabilitation Programme, which aims to modernise...

20 May 2025

EBRD invests €76m in VGP green bonds

EBRD has subscribed to a €76 million ticket as part of the existing green bond programme of VGP, a pan-European provider of logistics and semi-industrial real...

20 May 2025

Uzbekistan geospatial data project gets World Bank funds

The World Bank has approved a $35 million concessional credit to support Uzbekistan in improving the availability and use of geospatial data. The project will contribute...

20 May 2025
in
Social infrastructure

IsDB to lend Algeria $3bn over next 3 years

Algeria is expected to receive $3 billion in loans from the Islamic Development Bank over the next three years to support the implementation of key development...

20 May 2025
in
Agriculture/food chain

ITFC supports Burkina Faso's cotton campaign

ITFC has signed a €106 million ($118.7 million) deal with Societe Burkinabe des Fibres Textiles (SOFITEX) to support Burkina Faso's cotton campaign.This signing...

20 May 2025

EBRD invests €40m in Akropolis’s green bond

EBRD has subscribed to a €40 million ticket as part of a €350 million green bond issue by Lithuania’s Akropolis Group, a retail and entertainment platform...

19 May 2025
in
Renewable energy

Eurowind reaches financial close on Romanian solar project

Eurowind Energy has secured funding for its 60MW Teius Photovoltaic Park, which was inaugurated at the end of April in Alba County, Romania.Raiffeisen Bank Romania and...

19 May 2025
in
IT and telecoms

EIB to provide €70bn for tech firms and innovators

EIB is launching a new initiative to close Europe’s investment gap with the US, aiming to provide €70 billion (about $78 billion) in start-up funding by...

19 May 2025
in
Traditional energy

Polish residential green financing gets EBRD support

EBRD is extending an €80 million ($90.2 million) portfolio risk-sharing guarantee to BNP Paribas Bank Polska (BNPPBP) to help increase access to green finance in...

19 May 2025
in
Finance and other

Botswana's fiscal stability, economic reforms get AfDB support

AfDB has approved a $304 million loan to Botswana to support the southern African country in managing mounting fiscal challenges and implementing key governance and...

19 May 2025
in
Traditional energy

Cirebon 1: How will ADB’s first ETM financing with banks work?

International banks are yet to participate in a financing under the ADB’s Energy Transition Mechanism (ETM). But a financial blueprint for the phasing out of the Cirebon...

19 May 2025
in
Traditional energy

Bulgaria's EEEC issues €500m bond

Bulgaria's Eastern European Electric Company has issued a €500 million senior secured bond. The issuance represents the first publicly listed, euro-denominated,...

19 May 2025

Nigerian development bank unveils MSME package plan

The Development Bank of Nigeria is scaling up its commitment to Nigeria’s MSME sector, with plans to grow its outstanding loan portfolio to over NGN1.8 trillion...

19 May 2025

Syria’s IDA arrears are cleared

The arrears of approximately $15.5 million due to the International Development Association by Syria have been cleared, effective May 12. The payment to clear the arrears...

19 May 2025

Adam Brenneman joins Milbank from Cleary Gottlieb

Milbank has appointed Adam Brenneman as a partner in the firm’s corporate finance and securities group in New York. Brenneman joins Milbank from Cleary Gottlieb,...

19 May 2025

IDB Invest strengthens Central American supply chains

IDB Invest has provided an up-to $50 million financial package to Laki and its subsidiaries to increase access to short-term financing for MSME suppliers in El Salvador,...