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09 October 2018

Development Bank of Ethiopia's bad loans reach high of 39.4%

Non-performing loans at the Development Bank of Ethiopia have increased from 25% to 39.4% in the past fiscal year. The figure is far higher than the standard set by the...

08 October 2018
in
Waste and water

EBRD, EU and Bulgaria join forces to finance water sector development

The European Bank for Reconstruction and Development has been chosen by Bulgaria's Fund of Funds to manage up to €115 million provided for the country's...

14 September 2018

EC approves €1.39bn financing for new Bucharest metro line

The European Commission has approved €1.39 billion in financing for a project to build a 14.2km line that will link Bucharest with the Henri Coanda International...

21 August 2018

CDC appoints two new non-executive directors

CDC Group, the UK's development finance institution, has appointed two new non-executive directors, Dolika Banda and Andrew Alli, who will bring African experience to...

30 July 2018
in
Waste and water

CABEI agrees $425m loan for Costa Rican water supply project

The Central American Bank for Economic Integration (CABEI) has agreed a $425 million loan for the Project: System of Water Supply for the Mid Basin of the Tempisque River...

26 June 2018
in
Renewable energy

EIB and SaarLB sign €70m green project deal

The European Investment Bank and Landesbank Saar (SaarLB) have signed a €70 million guarantee agreement to give Landesbank Saar scope for loans to finance climate...

09 April 2018
in
Renewable energy

Brazil eases funding bottleneck with $960m solar credit line

The Brazilian Ministry of National Integration has announced a $960 million credit line for distributed and centralized solar generation projects in three regions to...

02 February 2018

EIB extends $40m financing facility to I&M Bank for SMEs in Kenya

The European Investment Bank (EIB) has agreed a new $40 million financing facility with Nairobi-based I&M Bank that will support investment by businesses across Kenya....