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20 March 2024
in
Traditional energy

US pledges $4bn to support Romania's Doicesti SMR project

The US says it will pump $4 billion into supporting Romania's bid to build its first small modular reactor plant.The proposed Doicesti SMR project, 90km northwest of...

20 March 2024
in
Climate finance

EIF commits €25m to Sound Senior Private Debt Fund 1

EIF has agreed to commit €25 million as a cornerstone investor in Sound Senior Private Debt Fund 1. The fund aims to attract a total of €80 million in...

20 March 2024
in
Social infrastructure

EDB to fund $1bn projects in Kazakhstan this year

Eurasian Development Bank plans to invest at least $1 billion in Kazakhstan in 2024, with priority sectors listed as transportation, industry, energy and environmental...

20 March 2024
in
IT and telecoms

IFC supports early-stage tech entrepreneurs in Africa

IFC has made a $5 million equity investment in P1 Ventures, a pan-African venture capital fund focused on pre-seed and seed stage investments in fintech, health,...

20 March 2024
in
Finance and other

Angola agrees lower monthly debt payments to CDB

Angola will pay up to $200 million less each month to service its loans with China Development Bank (CDB), its biggest Chinese creditor.The oil producing country owes...

20 March 2024
in
Climate finance

How DEG funded deforestation in Paraguay

DEG has invested €25 million ($27 million) in the Paraguayan Agricultural Corporation (PAYCO) which, between 2013 and 2020, deforested at least 7,000 hectares of...

20 March 2024
in
Climate finance, Finance and other

IDB Invest and BOAD looking to mirror CLIMA

IDB Invest and BOAD are reportedly both in talks for the development of their own CLIMA initiatives, an innovative programme currently being piloted by IDB.IDB's...

20 March 2024
in
Social infrastructure

EIB agrees €100m to modernise educational institutions in Brandenburg

EIB has earmarked €100 million ($107.8 million) to facilitate the modernisation of educational institutions in the German state of Brandenburg. This framework loan...

20 March 2024
in
Finance and other

IDB Invest prices COP and MXN bonds

IDB Invest issued two sustainable bonds in local currency: one worth MXN2.5 billion (around $150 million) with a tenor of three years in Mexico, and a bond worth COP40...

20 March 2024
in
Climate finance

CABEI, KfW, and EU launch regional sustainable mobility competition

CABEI, in partnership with KfW and the Green Mipymes Initiative II, has launched the Regional Sustainable Mobility Competition. Targeted specifically at MSMEs across...

20 March 2024
in
Social infrastructure

How development banks can catalyze South American infrastructure

A new report looks at how development bank support for infrastructure investments in South America could unlock unlimited growth and development opportunities for the...

19 March 2024
in
Social infrastructure

Bogota Metro Line 1 financing to close this month

Sponsors of the COP13.8 trillion ($4 billion) Bogota Metro Line 1 in Columbia - China Harbor Engineering and Xi’an Rail Transportation Group — are expected to...

19 March 2024
in
Social infrastructure

Grand Est rolling stock nears financial close

The financing for the Grand Est regional passenger train privatisation in France, signed in November 2023 with EIB support, is expected to reach financial close in...

19 March 2024
in
Social infrastructure

Europe to get more climate-friendly housing with EIB loan to GROPYUS

EIB is lending €40 million (about $43.4 million) to German-Austrian PropTech GROPYUS to spur the construction of sustainable and affordable homes in Europe. GROPYUS...

19 March 2024
in
Climate finance

France funds Hoi An anti-erosion project

AFD is helping provide €42 million ($45.7 million) between now and 2028 to fund works to prevent coastal erosion in Hoi An City.Of the total, €35 million is a...

19 March 2024
in
Traditional energy

Hanseatic Energy Hub project financing closed

Hanseatic Energy Hub (HEH) – a joint venture between Buss Group, Partners Group, Enagas and Dow – has reached financial close on the project debt facilities...

19 March 2024
in
Renewable energy

US Ex-Im and Vietnam Development Bank pen $500m MoU

US Ex-Im and Vietnam Development Bank have signed a $500 million MoU to facilitate the financing of US exports to Vietnam. The agreement will encourage collaboration...

19 March 2024
in
Social projects

Banco Ademi, Proparco strengthen partnership

Banco Ademi has deepened its collaboration with Proparco by securing two portfolio guarantees totalling €10 million ($10.9 million). These guarantees aim to bolster...

19 March 2024

IDA supports fiscal policy, climate investment in Kosovo

The International Development Association has signed a Kosovo First Fiscal Policy, Competitiveness and Green Growth Development Policy Loan. The financing aims to enhance...

19 March 2024
in
Social infrastructure

EIB to finance social housing project in Skelleftea

EIB will finance a new social housing initiative in Skelleftea, Sweden. As the region undergoes a green industrialization phase, exemplified by the expansion of...