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17 April 2024
in
Renewable energy

Qair closes financing of two Tunisian solar projects

Qair has closed financing for the construction and operation of two 10MW greenfield solar plants, located in Feriana town, in Tunisia’s Kasserine Governorate.The...

17 April 2024
in
Traditional energy

EIB supports TEAG’s power grid expansion in Thuringia

EIB is granting a loan of €400 million (about $426 million) to expand municipal power grids in the German federal state of Thuringia. The co-financed EIB project...

17 April 2024
in
Social infrastructure

IDB funds Paraguay's San Estanislao General Hospital

IDB and Paraguay have signed a $60 million loan to strengthen health services in the San Estanislao district, north of the Eastern Region of the country. The loan...

17 April 2024
in
Finance and other

DFC and IDB Invest to support development projects in LatAm, Caribbean

DFC and IDB Invest have launched a new co-financing framework aimed at supporting high-impact development projects in Latin America and the Caribbean. The framework will...

17 April 2024
in
Social infrastructure

ANI, IFC partner on PPP projects in Colombia

National Infrastructure Agency and IFC are cooperating on PPP projects in Colombia. This agreement aims to support the strengthening of the regulatory framework,...

17 April 2024
in
Agriculture/food chain

IFC provides €75m to Ulker Biskuvi

IFC has approved an investment of €75 million ($79.6 million) in Ulker Biskuvi, designed to enhance the company's earthquake resilience and support climate...

17 April 2024
in
Social infrastructure

EIB finances schools refurbishment and construction in France

EIB and the French department of Seine-Maritime have joined forces in a 25-year finance contract worth €150 million ($159.3 million) to modernize the working and...

17 April 2024

Metropole Rouen Normandie secures €50m to enhance public transportation

Metropole Rouen Normandie has obtained a €50 million ($53.1 million) loan from EIB to support its public transport network. The primary objective of this funding is...

17 April 2024
in
Social projects

ADB to finance healthcare in Georgia

ADB has approved a €46.3 million ($50 million) policy-based loan to enhance the healthcare system in Georgia.Through the Health Sector Enhancement Program, the ADB...

17 April 2024
in
Finance and other

World Bank names new MENA VP

The World Bank has appointed Ousmane Dione as its new VP for the MENA region.In Dione’s most recent position as Country Director for Eritrea, Ethiopia, South Sudan,...

16 April 2024

SBM and TDB signs collaboration MoU

SBM Bank (Mauritius) and the Eastern and Southern African Trade and Development Bank Group (TDB) have signed a memorandum of understanding (MoU) to collaborate on joint...

16 April 2024

Atlante to expand electric vehicle charging infrastructure in Italy

Atlante has been granted funding for the third time from the EU's Alternative Fuels Infrastructure Facility (AFIF) financing program. The latest grant amounts to...

16 April 2024
in
Social projects

IFC supports SMEs in Georgia

IFC is increasing access to finance for SMEs in Georgia through a new $10 million loan agreement with Isbank Georgia.According to the World Bank's Enterprise Surveys...

16 April 2024
in
Climate finance, Renewable energy

EIB approves €4.3bn to support innovation, business, climate action in Europe

EIB has announced the approval of €4.3 billion in new financing to support various sectors including regional transport, energy distribution, business innovation,...

16 April 2024
in
Finance and other

Global ODA reaches record high, but developing regions see decline in aid

According to a United Nations report titled Aid under Pressure, global Official Development Assistance (ODA) reached a record high of $287 billion in 2022, marking a 22%...

16 April 2024

IDB Invest finances commercial complex in Guyana

IDB Invest has signed an agreement to provide $25 million to Unicomer Guyana through its real estate division, Redstart Guyana. The funds will be used to construct a...

16 April 2024
in
Finance and other

Bordon appointed new IFC Country Manager for Peru, Ecuador, and Bolivia.

IFC has announced the appointment of Matilde Bordon as the new IFC Country Manager for Peru, Ecuador, and Bolivia. With 15 years of experience in development, Bordon...

16 April 2024

EIB finances urban mobility project in Ukraine

Lviv, a city in western Ukraine, has completed an urban mobility project that involved the acquisition of ten low-floor trams. The project, made possible through...

15 April 2024

IDA countries falling into widening global poverty gap

The devastating impact of the pandemic on the world’s poorest countries has brought poverty reduction to a halt and led to a widening income gap with nations in the...

15 April 2024
in
Social infrastructure

World Bank to bankroll PROMOBIS project

The World Bank has approved a new loan to upgrade transportation systems in the state of Santa Catarina in Brazil.The Foz do Rio Itajai Region Integrated Sustainable...