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27 November 2023

IFC invests $112.5m in Banco Continental to boost SME financing in Paraguay

The IFC has signed a loan agreement with Paraguay's Banco Continental. The $112.5 million investment includes a senior A loan of $50 million, a B loan of $25 million,...

27 November 2023
in
Traditional energy

EBRD supports Saribekir Ambalaj with €25m loan

The EBRD is providing a €25 million ($27.4 million) loan to Saribekir Ambalaj Sanayi ve Ticaret, a prominent food packaging producer in Turkey. The funds will be...

24 November 2023
in
Traditional energy

BNDES funds biomethane plant Rio Grande do Sul

BNDES has issued a BRL157 million ($32 million) project finance loan to Bioo Holding for the construction of a biomethane plant in Rio Grande do Sul state.Of the total...

24 November 2023
in
Social projects

Ukreximbank and EIB support SMEs

The EIB has disbursed €20 million to the State Export-Import Bank of Ukraine (Ukreximbank). This local-currency financing aims to support Ukrainian SMEs and is the...

24 November 2023

EBRD and Ardshinbank provide fresh funds for Armenian firms

The EBRD and the European Union are supporting Armenian micro, small and medium-sized enterprises by boosting access to finance via Ardshinbank.The leading Armenian bank...

24 November 2023
in
Social infrastructure

OPEC Fund agrees Corridor Vc Motorway financing

The OPEC Fund has signed a €25 million ($27 million) loan agreement in support of the Corridor Vc Motorway - Section Nemila-Donja Gracanica in Bosnia and...

24 November 2023
in
Waste and water

$170m ADB loan funds Kerala clean water project

ADB has approved a $170 million loan to support the modernization of water supply services in the city of Kochi in Kerala, India.The project will rehabilitate and upgrade...

24 November 2023
in
Social projects

AfDB launches AFAWA Finance Series in Kenya

The AfDB, in collaboration with the African Guarantee Fund and the Office of the President’s Advisor on Women’s Rights, has inaugurated the 6th edition of the...

24 November 2023
in
Climate finance

AfDB finances Seychelles sustainable urban development

AfDB is lending the Seychelles government $33 million to finance the energy transition and the circular economy, seven months ahead of the assessment of the country's...

24 November 2023
in
Finance and other

Cambodia’s public financial management reforms supported by ADB

ADB has approved a $50 million policy-based loan to support the government of Cambodia improve its public financial management (PFM) systems to deliver effective and...

24 November 2023

India's rural MSMEs given financing boost

ADB has signed a $125 million loan agreement with L&T Finance to support financing in rural and peri-urban areas in India, particularly for women borrowers.The...

23 November 2023
in
Climate finance

Will COP28 speed up change?

With COP28 due to kick off at the end of month and, based on previous COP outcomes, expectations of progress low, Uxolo takes a look at what progress MDBs have been...

23 November 2023
in
Social infrastructure

MIGA supports Senegal’s first BRT system

The Multilateral Investment Guarantee Agency has issued guarantees amounting to €19.9 million ($21.7 million) to Meridiam, an independent investment Benefit...

23 November 2023
in
Renewable energy

IFC to mobilise B-loan for Ghana’s first privately-owned solar plant

IFC is tapping the IDA20 Private Sector Window (PSW) within a $100 million A/B loan financing package to ensure the development of Ghana’s first privately-owned...

23 November 2023
in
Traditional energy

Rwanda’s development bank taps MDBs for electrification

The Development Bank of Rwanda (BRD) and the Energy Development Corporation Limited (EDCL) are tapping $400 million in MDB financing to enhance Rwanda’s...

23 November 2023
in
Finance and other

World Bank, AIIB propose $1.47bn for Uzbekistan’s market development

The World Bank and AIIB are preparing a $1.47 billion loan under the Covid-19 Crisis Recovery Facility to develop Uzbekistan's economy. The government of...

23 November 2023
in
Social infrastructure

AIIB-backed Kochi Metro Rail to tap private finance

AIIB is mulling the second phase of the Kochi Metro Rail Project in India which is looking to tap sovereign and private financing.The project will construct an elevated...

23 November 2023
in
Social infrastructure

JICA grants JPY4bn for Togo road bypass project

JICA has signed a grant agreement with the Government of Togo to provide JPY4.018 billion ($26.6 million) for the construction of a road bypass in the city of Sokode.The...

23 November 2023
in
Traditional energy

EBRD lends €200m to Naftogaz for strategic gas reserves in Ukraine

The EBRD is providing a €200 million ($217.9 million) loan to support Ukraine's gas entity Naftogaz in building up strategic gas reserves for the second winter...

23 November 2023
in
Social infrastructure, Social projects

$336m funding to help develop vaccine production in Bangladesh

ADB has approved a loan package of $336.5 million to establish domestic vaccine, therapeutics, and diagnostics manufacturing capacity and strengthen the national...