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29 March 2021

IADB issues inaugural SEK1.1bn ‘EYE’ Bond

The Inter-American Development Bank has priced a new SEK1.1 billion (about $127 million) five-year fixed-rate offering under the Education, Youth, and Employment Bond...

29 March 2021
in
Social infrastructure

Africa signs deal with Johnson & Johnson for 400m vaccine doses

All African Union Member States are to have access to 220 million doses of the Johnson & Johnson single-shot COVID-19 vaccine, with the potential to order an...

29 March 2021
in
Renewable energy

Voltalia wins 100MW solar tender in Albania

Albania’s energy ministry has selected Voltalia for the construction and operation of a 100MW solar park in Spitalle area, near the port city of Durres. The project...

29 March 2021
in
Renewable energy, Traditional energy

NIB issues €500m Environmental Bond

The Nordic Investment Bank has issued its first NIB Environmental Bond (NEB) for the year 2021. The €500 million transaction, due April 2027, was successfully...

29 March 2021
in
Social infrastructure

AIIB unveils first vaccine financing deal

The Asian Infrastructure Investment Bank has launched its first vaccine financing under its COVID-19 Crisis Recovery Facility.AIIB’s Board of Directors approved a...

29 March 2021

Sudan closer to debt relief with US loan to clear World Bank arrears

Sudan has settled its debts with the World Bank after nearly three decades, moving the heavily indebted African country closer to a much-needed international debt-relief...

29 March 2021
in
Waste and water

AfDB finances water supply project in Chad

Chad has launched a project to strengthen the supply of drinking water in Mao, Kanem province.A water tower with a capacity of 1,000m3 per day will be constructed by the...

29 March 2021
in
IT and telecoms

World Bank funds digital development in the Palestinian Territories

The World Bank has approved a grant of $20 million to increase access to high-speed broadband services in selected Palestinian areas and enable the development of...

26 March 2021
in
Renewable energy

Financial close on IFC, EBRD-financed solar power plant in Armenia

Fotowatio Renewable Ventures (FRV) has closed financing for the development of the largest utility-scale solar power plant in Armenia. Located in Mets Masrik...

26 March 2021

KfW sees record promotional business volume but profits hit by COVID-19 impact

Germany's KfW has reported consolidated profit of €525 million in 2020, down from €1.367 billion the previous year as results were hit by the coronavirus...

26 March 2021

EIB boosts SMEs in Ukraine with €30m credit line to Pravex

The European Investment Bank and Pravex Bank have signed a €30 million credit line to support Ukrainian private sector businesses, with a focus on SMEs impacted by...

26 March 2021
in
Renewable energy, Traditional energy

SFP Group and SWEN Capital Partners invest €20m in Netherlands biomethane plant

SFP Group and the SWEN Impact Fund for Transition, managed by SWEN Capital Partners, have announced a joint acquisition of the 2,200 nm3/h Aben Green Energy biomethane...

26 March 2021

Norfund adopts IFC Master Cooperation Agreement

Norway's Norfund has become the 35th development finance institution to join the International Finance Corporation's Master Cooperation Agreement. It paves the...

26 March 2021

NIB finances A.P. Moller Holding investments in Faerch Group

The Nordic Investment Bank and the Danish A.P. Moller Holding have agreed on a ten-year-maturity loan facility for the company’s transitional investment...

26 March 2021
in
Social infrastructure

NDB issues RMB5bn SDG bond

The New Development Bank has priced a three-year fixed rate RMB5 billion Bond (about $764 million) in the China Interbank Bond Market. The Bank of China acted as the...

26 March 2021
in
Waste and water

EIB finances Portuguese water supply and wastewater project

The European Investment Bank will provide up to €28.2 million in financing to support the water distribution optimisation investments of Águas do Interior in...

25 March 2021
in
Renewable energy, Traditional energy

ADB finances Mongolian solar power, battery energy storage project

A consortium of JGC Corporation, NGK Insulators, and MCS International has been awarded a contract for the construction of Mongolia's first solar power generation...

25 March 2021

Germany wants to extend KfW’s special virus aid program

Germany’s federal government wants to increase a special coronavirus aid program for companies and extend it until the end of the year, according to reports.The...

25 March 2021
in
Renewable energy, Traditional energy, Waste and water

IsDB sells $2.5bn in sustainability sukuk

Jeddah-based Islamic Development Bank raised $2.5 billion via a five-year sustainability sukuk, or Islamic bond, at 33 basis points over mid-swaps.Citi, HSBC, Goldman...

25 March 2021

CAF president to step down almost a year early

CAF - the development bank of Latin America - has announced that executive president Luis Carranza Ugarte is stepping down in April. The change, which was supposed to...