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16 February 2022
in
Mining

Steel group SIJ seals €230m syndicated loan

Slovenian steel producer Slovenska Industrija Jekla (SIJ) has signed an agreement with nine banks to receive a seven-year syndicated loan worth €230 million ($261...

16 February 2022
in
Social infrastructure

World Bank funds Cameroon and Chad regional connectivity and resilience projects

The World Bank has approved a financing package to boost regional connectivity through a regional Cameroon-Chad Transport Corridor project. The project will be supported...

16 February 2022
in
Social infrastructure, Waste and water

EIB helps finance 150 community schools in Morocco

The EIB, the EU, and the Moroccan Ministry of Economy and Finance have signed two financing agreements for the construction of 150 community schools and auxiliary...

16 February 2022
in
Renewable energy, Traditional energy

World Bank, IFC support Nigerian CO2 capture, use, storage

The World Bank and IFC are supporting Nigeria’s ambitions for carbon dioxide capture, use and storage. The two lenders have signed an agreement with the federal...

16 February 2022

Caribbean Development Bank, EU increase trade support to Belize

The Caribbean Development Bank has launched a new trade programme in Belize, set to benefit the country's farmers, exporters, manufacturers and business community.The...

16 February 2022

ADB loan supports green recovery, catalyse financing toward SDGs in Indonesia

ADB has approved a $150 million loan to support a facility aimed at accelerating Indonesia’s economic recovery from the coronavirus pandemic and catalyzing public...

15 February 2022
in
Traditional energy

Why Africa needs to develop its own financing structure

In the wake of the energy transition and global financing downturn, Africa needs to develop its own financing structures in order to drive project development across key...

15 February 2022

EBRD supports Dunya Varlik Yonetim in easing Turkey's rise in NPLs

The EBRD is providing a TRY100 million (about $7.3 million) facility to Turkish non-performing loan management firm Dunya Varlik Yonetim in a move to help the country...

15 February 2022

US offers Ukraine $1bn loan guarantee

The US is offering Ukraine a loan guarantee of $1 billion to help strengthen its economy in the midst of "Russia’s destabilizing behavior", Secretary of...

15 February 2022
in
IT and telecoms

KfW IPEX finances fibre optics expansion in Germany

KfW IPEX-Bank is providing €30 million (about $34 million) to help drive the expansion of fibre optics in the German city of Gütersloh. The funds are part of...

15 February 2022

Development Bank of Mongolia reveals scale of risky loans and NPLs

Figures that show around half of the loan portfolio of the state-owned Development Bank of Mongolia (DBM) is made up of risky or non-performing loans. Many borrowers...

15 February 2022

FinDev Canada invests in CASEIF IV

FinDev Canada, through an investment of $8 million, has joined other development finance institutions to support private equity fund, the Central American Small...

15 February 2022
in
Social infrastructure

ADB lends $95m for Cambodia's Covid-19 vaccines

The Asian Development Bank has approved a $95 million loan to help the Cambodian government vaccinate people against COVID-19 from 2022 to 2023, including annual booster...

14 February 2022
in
Mining

EBRD supports steel industry decarbonisation in Slovenia

The EBRD is participating in Slovenian Steel Group’s (SIJ Group) €230 million ($260.5 million) long-term debt facility, with €25 million to support the...

14 February 2022

CDC appoints 4 new managing directors

CDC, the UK’s development finance institution that will soon be renamed British International Investment, has appointed four new managing directors. Amal-Lee...

14 February 2022
in
Renewable energy, Traditional energy

JBIC helps finance Industrial Development Bank of Turkey's green projects

JBIC has agreed a $120 million loan - part of credit line worth a total of $220 million - with Turkiye Sınai Kalkınma Bankası, the Industrial Development Bank of Turkey....

14 February 2022

EX-China Development Bank exec arrested on bribery suspicion

He Xingxiang, a former vice president of China Development Bank, has been arrested on suspicion of accepting bribes amid a series of probes into officials at state...

14 February 2022
in
Waste and water

JICA to fund Dai Nippon dam project in Egypt

JICA is financing a project by Japanese company Dai Nippon Construction to build a dam near Dairut, in the governorate of Asyut in Egypt.The dam will be located on Bahr...

14 February 2022
in
Agriculture/food chain, Social infrastructure

AFD signs agricultural, transport loans with Tanzania

AFD has signed three financing deals with Tanzania totalling €259 million (about $293 million). In order to facilitate access to finance for the agricultural sector...

14 February 2022
in
Social infrastructure

NIB funds Novozymes R&D with DKK750m loan

NIB and the Danish biotech company Novozymes have signed a DKK750 million (about $114 million) loan to finance the company’s research and development expenditures...