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25 March 2021
in
Waste and water

North American Development Bank finances Texas wastewater project

The North American Development Bank has agreed a $500,000 grant deal with the Lower Valley Water District (LVWD) to support a wastewater project in the Rosa Azul...

25 March 2021

Manulife Investment Management appoints new MD

US-based Hancock Natural Resource Group (HNRG) - a company of Manulife Investment Management  - has appointed Eric Cooperström as Managing Director, Impact...

25 March 2021

Afreximbank appoints Emmanuel Assiak as Acting CEO of FEDA

The Fund for Export-Development in Africa (FEDA) - an equity, development impact-oriented subsidiary of African Export-Import Bank - has appointed Emmanuel Assiak as...

24 March 2021
in
Social infrastructure

UKEF, CABEI to finance $114.6m hospitals project in Nicaragua

The Central American Bank for Economic Integration (CABEI) and UK Export Finance (UKEF) are financing a project to build six hospitals in Nicaragua.The 'Strengthening...

24 March 2021
in
Renewable energy

Welsh development bank backs UK's first consumer-owned wind farm

The UK's first consumer-owned wind farm will proceed to construction after receiving £1.1 million ($1.5 million) in funding from the Welsh government.To be...

24 March 2021
in
Mining

Lucara mandates banks for $220m Karowe Mine project financing

Vancouver-headquartered Lucara Diamond has mandated five lenders for a senior secured project financing package of up to $220 million to fund its 100%-owned Karowe Mine,...

24 March 2021

IsDB gets orders over $1.7bn for sukuk

Jeddah-based Islamic Development Bank tightened the price guidance on Wednesday for five-year US dollar-denominated sustainability sukuk, or Islamic bonds, after...

24 March 2021
in
Social infrastructure, Waste and water

JICA finances Sierra Leone children’s hospital project

The Japan International Cooperation Agency (JICA) has agreed to help finance the construction of a children’s hospital and installation of medical equipment in...

24 March 2021
in
Renewable energy

DFC guaranty catalyzes $20m to support off-grid renewable power

The US International Development Finance Corporation (DFC) has signed a credit guaranty on a portfolio of loans arranged by Trine AB to expand access to off-grid...

24 March 2021

Equity Group Holdings plans trans-Africa expansion with $100m AfDB loan

The African Development Bank and Equity Group Holdings have signed a $100 million loan facility to support the commercial bank’s expansion across Eastern and...

24 March 2021

Proparco boosts financing for Paraguayan SMEs

France's Proparco has agreed a new $30 million credit line to Banco Continental to support the development of its green credit portfolio, as well as financing for...

24 March 2021
in
Manufacturing, Traditional energy

CABEI funds electricity transmission system expansion in Nicaragua

The Central American Bank for Economic Integration (CABEI) has agreed financing of $40.1 million to Nicaragua to help fund the country's Electric Transmission System...

24 March 2021

IDB Invest issues first gender bond in Mexico

IDB Invest has issued a gender social bond worth MXN2.5 billion (about $122 million) with a three-year maturity in Mexico. This is the largest IDB Invest bond issue in...

23 March 2021
in
Renewable energy

EIB co-finances €2bn offshore wind farm in Calvados

The European Investment Bank has granted a €350 million (about $416 million) credit line to a consortium made up of EDF Renouvelables, Enbridge and wpd to co-finance...

23 March 2021

IsDB hires banks for dollar sustainability sukuk

Jeddah-based Islamic Development Bank has hired a group of banks to arrange an issuance of five-year US dollar denominated sustainability sukuk, or Islamic bonds. Citi,...

23 March 2021

Canada, AfDB sign C$133m gender lens Climate Fund for Africa

The Canadian government and the African Development Bank have signed an agreement formalizing the Canada–African Development Bank Climate Fund (CACF) - a special...

23 March 2021
in
Social infrastructure

EIB provides €40m urban transport financing for Canton of Sarajevo

The European Investment Bank is providing €40 million for the reconstruction of the urban transport network in the Canton of Sarajevo. The financing will enable...

23 March 2021
in
Social infrastructure

CAF approves funding for major road project in Uruguay

CAF - the Development Bank of Latin America - is supporting a vital road project on National Route No. 3 in Uruguay, which aims to boost the country's road...

23 March 2021
in
Social infrastructure

CEB supports Xunta de Galicia’s response to the COVID-19 pandemic

The Council of Europe Development Bank (CEB) approved a €50 million loan to Xunta de Galicia to support the region’s response to the COVID-19 pandemic.The CEB...

23 March 2021
in
Social infrastructure

IFC invests $40m in pharmaceutical manufacturer Glenmark

The International Finance Corporation is investing in pharmaceutical manufacturer Glenmark to increase the availability of affordable and quality medicines in India and...