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08 December 2023
in
Finance and other

EU finance ministers back Nadia Calvino for EIB presidency

EU Finance Ministers have voiced their unanimous support for Nadia Calvino to assume the role of President of the EIB. The decision was reached during discussions among...

08 December 2023

Transition Industries, IFC to develop Pacifico Mexinol project

Transition Industries has signed a Joint Project Development Agreement with the IFC to jointly develop its Pacifico Mexinol project, a 6,145 MT per day methanol...

08 December 2023
in
Finance and other

AFC secures €50m loan facility from CDP

Africa Finance Corporation and Cassa Depositi e Prestiti have signed a €50 million ($54 million) loan facility. The financing will play a pivotal role in supporting...

08 December 2023
in
Social infrastructure

EIB, Ferrovie dello Stato Italiane enhance rail services and sustainable mobility

The EIB and Ferrovie dello Stato Italiane are set to invest €500 million ($542.9 million) in upgrading rail services in Campania and Lazio regions. The initiative...

08 December 2023
in
Social projects

$40m ADB grant to strengthen STEM secondary education in Tajikistan

ADB has approved a $40 million grant to help the government of Tajikistan strengthen science, technology, engineering, and mathematics (STEM) subjects in secondary...

08 December 2023
in
Social projects

NIB, Landsbankinn to boost SMEs and environmental projects in Iceland

The NIB and Iceland's Landsbankinn hf. have solidified a new loan programme, totalling $75 million, dedicated to supporting SMEs and environmental initiatives in...

08 December 2023
in
Social infrastructure

MAGC receives £36m in funding expansion

The UK Government has announced an expansion of funding for climate projects, including the UK-IFC Market Accelerator for Green Construction Program, to significantly...

08 December 2023

ITFC inks $40m Murabaha financing agreements with Turkish banks

The International Islamic Trade Finance Corporation has signed two Murabaha financing agreements, each valued at $20 million, with Vakif Katilim Bank and Ziraat Katilim...

08 December 2023
in
Social infrastructure

ADB provides $200m for Philippines' infrastructure

ADB has approved a $200 million loan to further support the Philippines in delivering high quality, inclusive, climate-resilient, and low-carbon public infrastructure....

08 December 2023
in
Social projects

World Bank supports Chile's universal primary care program

The World Bank approved a $200 million loan to support Chile's universal primary care program, an essential component of the country's efforts to reform its...

08 December 2023
in
Finance and other

IFC issues NZD500m bond

IFC has issued a new Kauri bond, raising NZD500 million to support private businesses and help create jobs in developing countries.The five-year fixed-rate bond, which...

08 December 2023
in
Social projects

World Bank to support new phase of Brazil’s Bolsa Familia program

The World Bank has agreed a $300 million project to strengthen Brazil’s conditional cash transfer program Bolsa Familia. The project aims to protect the income...

08 December 2023
in
Finance and other

ADB helps sustain economic stabilization efforts in Sri Lanka

ADB has approved a $200 million concessional loan to the government of Sri Lanka to help stabilize the country’s finance sector following the sovereign debt and...

07 December 2023
in
Finance and other

Chexim provides BDB with €50m loan

The Bulgarian Development Bank has signed a €50 million ($54.1 million) loan deal with the Export-Import Bank of China.BDB will use the five-year credit line to...

07 December 2023
in
Traditional energy

BNDES approves biomethane production projects financing

BNDES has provided around BRL228.9 million ($46.6 million) in two new financings for biomethane production projects. In the Essencis Biometano project, BNDES agreed...

07 December 2023
in
Climate finance

AfDB launches $258m call for climate adaptation proposals at COP28

The AfDB has initiated the first call for climate adaptation proposals for the Climate Action Window during the COP28 climate conference in Dubai. Approximately $258...

07 December 2023
in
Social infrastructure, Social projects

IFC agrees $43m for quality education in Mexico

IFC provided a $43 million loan to the Universidad Autonoma de Guadalajara to promote quality education in the country.Processed under the IFC's COVID CSR platform,...

07 December 2023
in
Finance and other

BNDES secures $1.7bn loan from NDB

BNDES and NDB have signed two funding agreements, with the total resources amounting to $1.7 billion. $500 million will be allocated for climate change projects and $1.2...

07 December 2023

Uxolo 2023 Development Finance Report: Reflecting the development finance reality

Experience is as influential a shaper of development finance policy as data, and this year's edition of Uxolo's Development Finance Report carries more canvassed...

07 December 2023
in
Climate finance

MIGA backs loan to Botswana Development Corporation

MIGA has issued a guarantee of up to €57 million ($61.4 million) to Commerzbank for its loan to Botswana Development Corporation. The guarantee for up to ten...