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28 January 2022

CDC invests in TLcom’s $150m pan-African tech fund

TLcom, an Africa-focused venture capital firm, has announced a first close of $70 million for its $150 million Africa fund. CDC is investing alongside other development...

28 January 2022
in
Renewable energy, Traditional energy

SUNREF II is launched with support from Proparco

Proparco has signed a €60 million ($66.8 million) financing package with Cairo Amman Bank, Bank of Palestine, and the European Union to support green projects in...

28 January 2022

IDB Invest supports Colombia’s women-led microenterprises with gender bond

IDB Invest has completed the partial subscription of social bonds with a gender focus in Colombia, issued by Mibanco, a Credicorp Group company. This is a...

28 January 2022

EIB Group and Bank of Valletta support Maltese SMEs

Bank of Valletta and the EIB Group have renewed their partnership to support the business needs of SMEs in Malta. Thanks to this new agreement, the Bank will provide an...

28 January 2022

BlueMark raises $3.75m

BlueMark, a provider of impact verification services for investors and companies, has raised $3.75 million in total funding from the Ford Foundation, Radicle Impact, the...

28 January 2022

DEG's Natalie de Wit-Solounov on gender lens in development finance

Natalie de Wit-Solounov, head of financial institutions debt Asia/EMECA, DEG, speaks with Uxolo about the significance of gender-focused projects for the growth of...

27 January 2022
in
Social infrastructure, Waste and water

EIB provides grant for urban mobility plan in Serbia

The European Investment Bank (EIB) has signed a cooperation agreement with the City of Nis in Serbia to finance the preparation of a sustainable urban mobility plan,...

27 January 2022
in
Traditional energy

ESG bond issuance to quadruple by 2025

New Pictet-IIF report says inconsistent disclosures are limiting growth, with ‘climate-aligned’ bonds meeting the supply shortfall. Global issuance of...

27 January 2022
in
Social infrastructure, Waste and water

GuarantCo extends guarantee to Orabank Togo for telecoms/road projects

GuarantCo has provided a XOF14.55 billion ($25 million) portfolio guarantee to Orabank Togo, the largest bank in the West African country. The guarantee allows Orabank to...

27 January 2022
in
Social infrastructure

Spartha Medical receives $2.75m financing from European Innovation Council

Spartha Medical, a French medtech company specialized in developing multifunctional antimicrobial, antiviral and anti-inflammatory coatings, has received $2.75 million in...

27 January 2022

IFC provides $60 million loan to BBVA Peru

The IFC has signed a $60 million loan to support BBVA Peru's efforts to develop its green building business line by financing homebuyers' green mortgages and...

27 January 2022

JMMB Bank strikes $20m loan agreement with FinDev

FinDev Canada is providing a $20 million five-year loan to JMMB Bank (Jamaica) Limited for on-lending to Jamaican small and medium-sized enterprises. The rate at which...

27 January 2022

M&G acquires responsAbility Investments AG to grow its sustainable investment capabilities

M&G has agreed to acquire a majority stake in responsAbility Investments, an impact investor focused on private debt and private equity across emerging markets.The...

27 January 2022

JICA provides Nepal with ODA loan

JICA is providing a JPY10 billion ($87 million) 40-year untied ODA loan to the government of Nepal for the Policy Loan for Economic Growth and Resilience, a program...

27 January 2022

ADB trialling blockchain for securities

Asian Development Bank (ADB) is trialling a blockchain system (Project Tridecagon) for settling cross border securities transactions. The tests will include the central...

27 January 2022
in
Agriculture/food chain, Renewable energy, Traditional energy

HBAN launches new ESG fund for Irish start-ups

Halo Business Angel Network (HBAN) – a joint initiative of Enterprise Ireland, InterTradeIreland and Invest Northern Ireland – has launched The Impact...

27 January 2022

AllianzGI sets up impact investment team

Allianz Global Investors (AllianzGI) has set up a new unit focused on impact investing in private markets. The new team of 12 will be overseen by Matt Christensen, global...

26 January 2022
in
Manufacturing, Traditional energy

AfDB debars CP Power East Africa and its MD

The AfDB has announced the the 48-month debarment of CP Power East Africa and its managing director Dawit Wondwossen with effect from November 4, 2021. An...

26 January 2022

NAIF receives A$2bn boost from Australian government

The Australian Government is boosting the A$5 billion Northern Australia Infrastructure Facility with an extra A$2 billion (about $1.43 billion), to finance critical...

26 January 2022

Starship agrees €50m EIB funding partnership

Starship Technologies,  provider of autonomous delivery services, has agreed on a €50 million ($56.4 million) quasi-equity facility agreement with the EIB. The...