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28 July 2020
in
Traditional energy

EAIF loan for Benin power project in due diligence

Emerging Africa Infrastructure Fund (EAIF) is progressing due diligence on a €27 million long term loan for a €36 million 25MW gas-fired power project in Maria...

27 July 2020

ITFC launches $50m Trade Development Fund

The International Islamic Trade Finance Corporation has launched a new Trade Development Fund (TDFD) with an initial target capital of $50 million.The fund - a Waqf,...

27 July 2020
in
Social infrastructure

AfDB grants of $25m will support COVID-19 fight in Somalia

The African Development Bank has approved grants worth $25.1 million to Somalia to bolster the national budget for government efforts to mitigate national and regional...

27 July 2020
in
Social infrastructure

AfDB commits $98m to boost COVID-19 response in Rwanda

The African Development Bank has approved a concessional loan of $97.675 million to Rwanda to strengthen its national budget as it works to mitigate impacts of the...

27 July 2020

EIB Group, BSCP agree €587m financing for Portuguese SMEs

The European Investment Bank Group and Banco Santander Consumer Portugal have signed two agreements to provide €587 million to support SMEs in the country.The two...

27 July 2020

CDB 'to sell green bonds in interbank, exchange markets'

China Development Bank is planning to auction green bonds on Wednesday in both interbank and exchange markets, six sources said.The sale is set to become the first policy...

27 July 2020
in
Waste and water

ADB invests in green bonds to upgrade water, sanitation in Georgia

The Asian Development Bank has invested up to $20 million in green bonds to be issued by Georgia Global Utilities, with proceeds to upgrade water supply and sanitation in...

27 July 2020
in
Agriculture/food chain

TDB agrees $1m agribusiness financing in Kenya, Tanzania, Uganda

The Eastern and Southern African Trade and Development Bank (TDB) SME Programme has signed an initial four-year senior/ mezzanine debt facility of $1 million to be...

24 July 2020
in
Agriculture/food chain

IFC boosts Argentina’s dairy sector with $100m loan to Adecoagro

The International Finance Corporatoin is providing a $100 million loan to support the expansion plan in the dairy sector of Adecoagro, an agribusiness company in...

24 July 2020

BSTDB issues additional $150m notes

The Black Sea Trade and Development Bank issued an additional $150 million of its outstanding USD 3.500% notes due 25 June 2024, increasing the total size of the issue to...

24 July 2020

World Bank report reveals DFIs role in private participation in infrastructure

The World Bank has released its Private Participation in Infrastructure report, revealing that while the developing world saw a slight decline to $96.7 billion from the...

24 July 2020
in
Renewable energy

Engineering company sought for AfDB-backed 32MW solar plant in Chad

A tender seeking an engineering company for a planned 32MW solar plant in Chad has been published by UK-based Private Infrastructure Development Group and French company...

24 July 2020
in
Traditional energy

BNDES to resume talks for asset sales, including Petrobras, Vale

Brazil’s state development bank BNDES is again in talks to unload stakes in some of the nation’s largest companies, resuming a wave of asset sales aimed at...

24 July 2020

Biovet, Huvepharma to seek €115m in loans from EIB, private lenders

Bulgarian pharmaceuticals maker Biovet and its parent Huvepharma International intend to seek financing of €115 million ($133.5 million) by amending existing...

24 July 2020
in
Social infrastructure, Waste and water

$150m World Bank financing to build and equip schools in Uganda

The World Bank has approved financing worth $150 million to enable greater access to higher quality secondary education among Ugandan children in safer and better...

24 July 2020
in
Agriculture/food chain

EBRD agrees $27m loan to Ukrainian grain exporter Nibulon

The European Bank for Reconstruction and Development is providing Ukraine-based agribusiness Nibulon Group with a loan of up to $27 million to ensure sustainable trading...

24 July 2020

IDB Invest supports energy efficiency in Barbados

IDB Invest has approved a revolving credit facility of up to $2 million to Caribbean LED Lighting in Barbados. The facility will be used to expand the company’s...

24 July 2020

IADB agrees $130m MSME loan to Bolivia

The Inter-American Development Bank has approved a $130 million loan to support the short-term financial sustainability of MSMEs in Bolivia in the face of the COVID-19...

24 July 2020
in
Traditional energy

DFC scraps ban on nuclear power project financing

The US International Development Finance Corporation has changed its Environmental and Social Policy and Procedures to allow the support of nuclear power projects. The...

24 July 2020

EBRD agrees $100m SME financing in Morocco

The European Bank for Reconstruction and Development is responding to the impact of the coronavirus pandemic on the Moroccan economy with a $100 million loan to Banque...