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16 April 2021

Indigenous Growth Fund raises $150m in first round

The Indigenous Growth Fund - Canada's largest indigenous social impact fund - has completed its first close, raising $150 million. The fund - under the management of...

15 April 2021

EBRD's Matthew Jordan-Tank, Director, Sustainable Infrastructure Policy, on mobilising capital

Listen to this week's podcast where Sam McManus, Director at Uxolo Development Finance, talks with Matthew Jordan-Tank, Director, Sustainable Infrastructure Policy and...

15 April 2021
in
Waste and water

EIB funds drinking water project in Malawi

The European Investment Bank is approving a $35.7 million loan to extend the drinking water network in southern Malawi. The project is being implemented by the...

15 April 2021
in
Agriculture/food chain

DFC bets on blended finance for nature-based climate solutions

The US’ DFI is looking to use de-risking instruments such as credit guarantees to attract diverse groups of investors into projects that use nature to combat...

15 April 2021

CEECAT Fund II achieves first closing with EBRD support

The European Bank for Reconstruction and Development is committing €30 million to the private equity fund CEECAT Fund II, dedicated to investing in central and...

15 April 2021
in
Agriculture/food chain

JICA finances African agricultural supply chain company

The Japan International Cooperation Agency has signed a loan agreement with African agricultural supply chain company ETC Group (ETG).The funds will be utilized by ETG to...

15 April 2021
in
Mining

BNDES exits Vale with $2bn bonds sale

Brazilian development bank BNDES has sold 214 million bond in mining giant Vale for BRL11.5 billion ($2 billion). The bonds carry rights to some properties in the...

15 April 2021
in
Agriculture/food chain

IFC supports green agriculture in Chile with Copeval investment

The International Finance Corporation is granting a long-term loan of up to $25 million to Copeval, a leading agricultural inputs distributor in Chile, to support the...

15 April 2021
in
Renewable energy, Traditional energy

DFC makes Call for Applications for distributed renewable energy projects

The US International Development Finance Corporation has announced a Call for Applications from private companies seeking financing for distributed renewable...

14 April 2021

CAF appoints Renny Lopez as Interim Executive President

CAF - the development bank of Latin America - has appointed Renny Alberto Lopez as Interim Executive President. The move follows Luis Carranza Ugarte's resignation...

14 April 2021
in
Waste and water

Burkina Faso launches Paval water project

The government of Burkina Faso has launched the Lerabah Plain Development Project (Paval) – a scheme designed to increase the irrigation capacity of more than 1,400...

14 April 2021
in
Social infrastructure

Bangladesh receives over $1bn COVID-19 financing from World Bank

Bangladesh has signed three financing agreements totaling $1.04 billion with the World Bank to respond to the COVID-19 pandemic and to build resilience to future crises,...

14 April 2021
in
Social infrastructure

Bucharest University of Medicine and Pharmacy seals EIB financing

The European Investment Bank has agreed a new €24 million loan to enhance research, academic and student facilities at the Carol Davila University of Medicine and...

14 April 2021

IFC boosts SMEs in Brazil amid ongoing COVID-19 crisis

The International Finance Corporation is spearheading a $400 million financing package that will help smaller businesses in Brazil weather the economic fallout from the...

14 April 2021
in
Social infrastructure

EIB supports BioVersys' development of new antibiotics

The European Investment Bank has signed a €20 million venture debt transaction with BioVersys, a Swiss-based clinical-stage pharmaceutical company developing...

14 April 2021
in
Waste and water

CABEI and South Korea to help finance wastewater project in Costa Rica

The Central American Bank for Economic Integration (CABEI) is executing a $600,000 non-reimbursable technical cooperation grant to carry out feasibility studies for the...

14 April 2021

World Bank prices dual tranche 2-yr and 7-yr benchmarks

The World Bank has priced two Sustainable Development Bonds – a $3 billion two-year bond maturing in April 2023 and a $5 billion seven-year bond maturing in April...

14 April 2021

IADB issues $4.25bn fixed-rate global benchmark transaction

The Inter-American Development Bank has priced a new $4.25 billion five-year fixed-rate global benchmark.The transaction pays a semi-annual coupon of 0.875% and matures...

14 April 2021
in
Manufacturing, Traditional energy

KfW, AFD finance power projects in Togo

Togo has signed two agreements in the energy sector for a total amount of XOF75.2 billion (€137.8 million).The first agreement signed with L'Agence Francaise de...

13 April 2021

BlackRock launches decarbonisation funds with Singapore

BlackRock has set up a partnership with Singapore's government-owned investment arm Temasek to launch a series of late-stage venture capital and early-growth private...