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31 March 2021
in
Social infrastructure

OPEC Fund, IsDB help finance Kyrgyzstan road project

The OPEC Fund for International Development (the OPEC Fund) has signed a $10 million public sector loan agreement with Kyrgyzstan to co-finance the ‘Reconstruction...

31 March 2021
in
Renewable energy, Traditional energy

China Development Bank issues €2.6bn green bond

China Development Bank has issued its first green bond, with the proceeds going to fund renewables projects, such as wind power and solar energy.The CNY20 billion...

31 March 2021
in
Manufacturing, Traditional energy

$500m World Bank credit finances Ethiopian electricity access project

The World Bank has approved a $500 million International Development Association credit to support Ethiopia’s goal of achieving universal electricity access by...

31 March 2021
in
Renewable energy

DFIs go off-grid

March has seen a flurry of new financing commitments for off-grid renewable energy projects as DFIs look to accelerate deal flow in the fast-maturing sector.

31 March 2021
in
Agriculture/food chain

ITFC conducts first transaction with partners on Bolero trade finance platform

A Cash Against Documents transaction orchestrated by The International Islamic Trade Finance Corporation was successfully completed between cotton producer SOFITEX and...

31 March 2021
in
Social infrastructure

CABEI announces tender for studies for Pacific Train project in El Salvador

The Central American Bank for Economic Integration (CABEI) has launched the bidding process to carry out studies to determine the feasibility of developing the...

31 March 2021

$383m replenishment for Caribbean Development Bank fund

The Caribbean Development Bank has endorsed a $383 million programme for the 10th cycle of the bank’s Special Development Fund, which was devised to reduce poverty...

31 March 2021

Arango joins Exagon advisory board

Exagon Impact Capital has appointed Claudia Arango as a member of its advisory board. Arango has more than 20 years of international impact investment experience with a...

31 March 2021
in
Social infrastructure

IFC agrees $30m financing to Mexico's Neolpharma

The International Finance Corporation will provide $30 million to Neolpharma, a Mexican pharmaceutical group focused on R&D, manufacturing, distribution, and...

31 March 2021
in
Social infrastructure

ADB approves $450m financing for Indonesian COVID-19 vaccine

The Asian Development Bank has approved a $450 million loan to Indonesia to help Bio Farma, a state-owned vaccine supplier, procure and deliver vaccines against the...

31 March 2021

EBRD and Kazakhstan sign five-year cooperation agreement

The European Bank for Reconstruction and Development and the government of Kazakhstan have agreed an Enhanced Partnership Framework Arrangement to boost the country's...

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

Proparco funds Brazilian biogas production and wastewater projects

Proparco has agreed a $30 million loan to sugar cooperative group Tereos to finance the construction of three biogas production plants in Cruz Alta, Tanabi, and...

30 March 2021
in
Renewable energy, Traditional energy

ADB approves $300m for Pakistan hydropower plant

The Asian Development Bank has approved a $300 million loan to finance the construction of a 300MW hydropower plant that will increase the share of clean energy in...

30 March 2021
in
Agriculture/food chain

TDB, OCP Group unveil fertilizer trade deals on dltledgers

The Eastern and Southern African Trade and Development Bank (TDB) and Morocco's OCP Group have announced $400 million worth of fertilizer trade finance transactions...

30 March 2021

EBRD unveils new Managing Director for Central Asia

Zsuzsanna Hargitai has been appointed as the Managing Director, Central Asia for the European Bank for Reconstruction and Development. In this role she will oversee the...

30 March 2021
in
Renewable energy, Traditional energy

Prestige Funds launches Islamic impact fund

Private debt investment specialist Prestige Funds has launched the Premium Alziraea Fund, a Shariah-compliant real assets and project financing fund targeted at the...

30 March 2021
in
IT and telecoms

EIB finances Epic Fibre broadband network project in Cyprus

New European Investment Bank financing for priority investment in Cyprus in 2020 totalled €245 million.Last year represented the fifth largest support for...

30 March 2021
in
Agriculture/food chain

DFC boosts rural communities with Root Capital investment

The US International Development Finance Corporation has announced $35 million in investment support to Root Capital, a nonprofit impact investor which supports rural...

30 March 2021
in
Social infrastructure

NDB approves $1bn financing for Russian COVID-19 frontline workers

The New Development Bank (NDB) has approved a COVID-19 Emergency Program Loan of up to $1 billion equivalent to Russia to finance its healthcare response to the...

29 March 2021
in
Renewable energy, Traditional energy

Turkish development bank secures $170m green loan from JBIC

The Turkey Development and Investment Bank (TKYB) has signed an environment-focused loan agreement worth $170 million (TL1.39 billion) with the Japan Bank for...