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18 January 2022

IFC and OPEC Fund boost SMEs in Vietnam

The OPEC Fund and International Finance Corporation have agreed loans to Southeast Asia Bank (SeABank) to facilitate access to finance for SMEs and women-owned...

18 January 2022

ITFC extends facility to Uzbek Industrial and Construction Bank

The International Islamic Trade Finance Corporation has signed a trade finance agreement with Uzbek Industrial and Construction Bank for a total amount of $15 million....

18 January 2022

IDB Invest supports sustainable tourism in the Caribbean

IDB Invest is providing a $120 million financing to Grupo Pinero, a hotel operator in the Caribbean and Mexico with 27 hotels in the region. In addition, Banco Popular...

18 January 2022
in
Renewable energy, Traditional energy, Waste and water

EverSource closes its climate impact fund at $741m

EverSource Capital has completed the final close of its climate impact fund, Green Growth Equity Fund (GGEF), at $741 million, making GGEF one of the largest...

17 January 2022
in
Agriculture/food chain

FMO supports Turkish flour milling company

Dutch development bank FMO has agreed a $25 million senior debt facility to support Ulusoy Un Sanayi ve Ticaret, a Turkish commercial wheat flour milling company. The...

17 January 2022

EBRD green finance in 2021 hits record high

The European Bank for Reconstruction and Development’s green financing hit a record €5.4 billion, or 51%, of total business volume of €10.4 billion in...

17 January 2022

AIIB appoints new VP for investment operations

The Asian Infrastructure Investment Bank has appointed Urjit Patel to the position of Vice President for Investment Operations Region 1 — South Asia, the Pacific...

17 January 2022

MFX Currency Risk Solutions receives DFI financing

FinDev Canada, US DFC, Proparco, and AXA XL are providing an innovative financing solution to MFX Currency Risk Solutions to enhance its liquidity. MFX is a...

17 January 2022

EIB releases Investment Report 2022

The European Investment Bank has released its investment report for 2021/2022, detailing an unprecedented shock caused by the coronavirus pandemic and a fast investment...

17 January 2022

NIB launches three-year £500m benchmark

The Nordic Investment Bank has priced its first transaction of the year – a three-year £500 million benchmark. The issue follows the bank’s successful...

17 January 2022

Verdane launches €300m growth impact fund

European specialist growth equity investor Verdane has held a final close of Verdane Idun I, an impact focused fund investing in technology-enabled businesses based in...

17 January 2022

CABEI strengthened through capital payments from member countries

The member countries of the Central American Bank for Economic Integration (CABEI) have completed the initial payments of the capital installments corresponding to the...

14 January 2022
in
Manufacturing, Traditional energy

World Bank, AIIB help finance West Bengal electricity supply project

The Indian government, the Government of West Bengal and the World Bank have signed a $135 million project to improve the efficiency and reliability of electricity supply...

14 January 2022
in
Social infrastructure, Waste and water

IFC issues C$500m social bond

The International Finance Corporation has issued a benchmark five-ýear Social Bond, raising C$500 million for sustainable investments benefiting underserved...

14 January 2022

Financing closed for Kumasi Market redevelopment project phase 2

Deutsche Bank, UK Export Finance, and the African Export-Import Bank have announced the closing of a new lending facility to finance phase two of the Kumasi Market...

14 January 2022

MIGA guarantees Kasada Hospitality Fund

The Multilateral Investment Guarantee Agency has issued a Master Contract to Kasada Hospitality Fund that will provide guarantees up to $270 million of the fund’s...

14 January 2022

Verdant Capital and KfW unveil first closing of fund

Verdant Capital Hybrid Fund has reached its first closing with committed capital of $36 million. The fund is targeting high developmental impact, including job creation...

14 January 2022
in
Agriculture/food chain, Social infrastructure, Waste and water

IsDB agrees $33m for Palestine projects

The Islamic Development Bank is to donate $33 million to support projects in the occupied West Bank and Gaza Strip, as well as Jerusalem. The funds will be spent on local...

14 January 2022
in
Agriculture/food chain

Norway backs developing countries’ growth through safe food

The Norwegian Agency for Development Cooperation (Norad) is pledging NOK25 million (about $2.8 million)) from 2021 to 2023 to the Standards and Trade Development Facility...

14 January 2022

IDB Invest, Companía de Empaques seal landmark bond

IDB Invest and Companía de Empaques SA, part of the Excala group, has announced the first sustainability-linked bond issued in Colombia. The bond, structured and...