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17 March 2022
in
Renewable energy

d.light raises $7 million in equity financing from OP Finnfund Global Impact Fund I

d.light, an innovator of solar energy products, has raised US$7 million in equity financing from OP Finnfund Global Impact Fund I. This latest funding will enable the...

17 March 2022
in
Social infrastructure

R-Cities network sets up $10 million fund for resilience projects

The Resilient Cities Network (R-Cities) is establishing a $10m fund to catalyse investments in resilience and resilience-related efforts as cities face urgent pressure to...

17 March 2022
in
Finance and other

NIB returns to kangaroo bonds

Nordic Investment Bank (NIB) has placed its largest Australian bond issue for over seven years – an A$300 million September 2025 bond sold via Daiwa Capital...

17 March 2022
in
Finance and other

BNL BNP Paribas and EIB structure synthetic securitisation

BNL BNP Paribas and the EIB will enable provision of a €470 million credit line to support Italian SMEs via Minerva 2, a synthetic securitisation (with no asset...

17 March 2022
in
Finance and other

IFC partnering with Bank AL Habib for Covid-19 recovery in Pakistan

IFC is partnering with Bank AL Habib to support the import of essential goods and equipment into Pakistan and foster a sustainable recovery from the COVID-19 pandemic.IFC...

17 March 2022
in
Agriculture/food chain

rePlant Hemp Impact Fund 1 open for investments

rePlant Hemp Advisors, LLC has opened the rePlant Hemp Impact Fund 1, LP (the Fund) for investments. The Fund focuses on bio-based innovation, a carbon-negative domestic...

16 March 2022
in
Waste and water

CAF to advise on Brazil's first riverway concession

Brazil and Uruguay are seeking advice from Latin America’s development bank Corporacion Andina de Fomento (CAF) on a new concession to upgrade the cross-border...

16 March 2022
in
Finance and other

OPEC Fund approves $233m loans for new development projects

The OPEC Fund for International Development has approved $233 million in new lending for development projects. The new funding includes a $40 million loan for...

16 March 2022
in
Finance and other

AfDB returns to euros with benchmark issue

African Development Bank (AfDB) has returned to the euro benchmark bond market after a three-year absence.Led by Bank of America, Credit Agricole, JP Morgan and Natixis,...

16 March 2022
in
Social infrastructure

EIB Group provides €469 million to Slovakia in 2021; signs Mou to modernise railway

The European Investment Bank Group, which consists of the European Investment Bank (EIB) and European Investment Fund (EIF), invested €469 million in 2021...

16 March 2022
in
Finance and other

IFC invests $5 million in equity to finance AwanTunai

IFC has invested $5 million in equity to finance AwanTunai, a supply chain-focused lending platform operating in Indonesia's fast-moving-consumer-goods (FMCG) sector....

16 March 2022
in
Finance and other

AID Bank launches special loan facility for MSMEs

From March 14, Dominicans can apply for loans at the Agricultural Industrial and Development (AID) Bank through the Micro, Small and Medium Enterprises (MSMEs) facility...

16 March 2022
in
Finance and other

ICIEC And Afreximbank sign MoU to promote trade and investments between Arab And African countries

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC)and the African Export-Import Bank (Afreximbank) signed a Memorandum of Understanding...

16 March 2022
in
Renewable energy

Spark+ Africa Fund Raises Over $40 Million

Spark+ Africa Fund has raised over $40 Million to invest in clean and modern cooking solutions in Africa. The fund was launched in partnership with 12 development finance...

16 March 2022
in
Renewable energy

MIGA finally joins Kinguele Aval financing

MIGA has issued guarantees to Meridiam for equity investments into Asonha Energie, the borrowing vehicle for the Meridiam-led 35MW Kinguele Aval Hydropower project in...

15 March 2022
in
Finance and other, Renewable energy

Pakistan seeks ADB loans to develop Pakistan's revenue mobilisation

With the approval of $300 million for Capital Market Development Programme likely within this month, Pakistan has formally requested Asian Development Bank (ADB) to...

15 March 2022
in
Finance and other

EIB guarantees Bank Millennium SME loans synthetic securitisation

The EIB and Bank Millennium are collaborating to cover the investment constraints of Polish small and medium-sized enterprises (SMEs) affected by the Covid-19 crisis. To...

15 March 2022
in
Finance and other

Mozambique joins AfDB-led collaborative ICT data collection initiative

The African Development Bank has extended membership of a digital data supervision system known as the Remote Appraisal Supervision, Monitoring, and Evaluation (RASME)...

15 March 2022
in
Finance and other

A new fund for women and minority businesses

TGC Impact, a women-founded and led growth equity firm, has launched its inaugural fund, TGC Impact Growth Fund. The fund is dedicated to providing access to capital for...

15 March 2022
in
Social infrastructure, Waste and water

Pension funds to increase impact investing

According to a survey by the Impact Investing Institute and EY, the professional services firm, pension funds are predicted to increasingly invest with impact. The...