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06 July 2020
in
Renewable energy

Uzbekistan awaits RfQs in solar tenders for 600 MW

Uzbekistan has launched two Requests for Qualifications as part of tenders seeking to award at least 600MW of solar photovoltaic capacity. The first competitive...

06 July 2020
in
Manufacturing, Traditional energy

€400m financing secured for Greek interconnection project

Ariadne Interconnection, a company fully owned by Greek grid operator IPTO SA, has secured up to €400 million ($449.1 million) for the 1,000MW HVDC Attica-Crete...

06 July 2020

ADB, Armeconombank sign $15m MSME loan

The Asian Development Bank and Armeconombank OJSC have signed a $15 million loan to support lending to micro, small, and medium-sized enterprises in Armenia, with a...

06 July 2020
in
Social infrastructure

EIB agrees €75m financing for Germany's CureVac

The European Investment Bank has signed a €75 million loan agreement with Germany-based CureVac, a clinical-stage biopharmaceutical company.The financing will...

06 July 2020
in
Renewable energy, Traditional energy

BDEAC approves $137m financing for Equatorial Guinea hydroelectric plant

The Development Bank of Central African States (BDEAC) has agreed financing of $137 million for a 200MW hydroelectric power plant project in Equatorial Guinea. The funds...

06 July 2020
in
Social infrastructure

AIIB approves €661.8m loan to help Kazakhstan in COVID-19 fight

The Asian Infrastructure Investment Bank has approved a loan of €661.8 million (about $750 million equivalent) to provide budgetary support to the Government of...

03 July 2020

AIIB agrees $500m loans to Turkish banks to help ease COVID-19 strain

The Asian Infrastructure Investment Bank has approved loans totaling $500 million to two development banks in Turkey, backed by a government guarantee. The financing will...

03 July 2020
in
Renewable energy, Traditional energy

AfDB concludes $116m investment in Nedbank SDG-linked bonds

The African Development Bank has concluded an investment of ZAR2 billion (around $116 million) in Sustainable Development Goals-linked bonds issued by Nedbank South...

03 July 2020
in
Agriculture/food chain

EBRD agrees working capital loan to Ukraine’s Grain Alliance

The European Bank for Reconstruction and Development has agreed a €7 million working capital loan to the farming and grain storage operations of Ukraine’s...

03 July 2020

EIB Group, Santander boost Polish SMEs amid COVID-19 outbreak

The European Investment Bank Group has signed the third synthetic securitisation transaction with the Santander Bank Polska Group.The operation aims to support the...

03 July 2020

Investment Plan for Europe exceeds €500bn target ahead of time

The European Commission and the European Investment Bank Group have delivered on their pledge to mobilise €500 billion in investment under the Investment Plan for...

03 July 2020
in
Social infrastructure

OPEC Fund helps finance Sevare–Gao road project in Mali

The OPEC Fund for International Development has signed a $20 million loan deal to finance a Mali road project aimed at improving links to economic centres and social...

03 July 2020

ADB becomes observer for NGFS

The Asian Development Bank has joined the Central Banks and Supervisors Network for Greening the Financial System (NGFS) as an observer.ADB joins the ranks of the World...

03 July 2020
in
Agriculture/food chain

World Bank agrees $500m loan to boost Kazakhstan livestock industry

The World Bank has approved a $500 million loan to support the development of environmentally sustainable, inclusive, and competitive beef production in Kazakhstan.The...

03 July 2020

CDC Group, Finnfund commit $70m to AfricInvest Fund IV

CDC Group and Finnfund have announced a $70 million commitment to AfricInvest’s new multisector private equity fund to boost small and medium-sized enterprises in...

02 July 2020

Sir Suma Chakrabarti leaves EBRD Presidency after second term

The European Bank for Reconstruction and Development President Sir Suma Chakrabarti has left the lender after completing two full terms - the maximum now permitted. He...

02 July 2020

EIB Group, BBVA sign €1.4bn SME financing deals

The European Investment Bank Group and BBVA have signed two agreements worth a total of €1.423 billion to support Spanish small and medium-sized enterprises and...

02 July 2020
in
Agriculture/food chain

IFC, EBRD financing industrial livestock farms despite climate pledge

Two of the world’s leading development banks - the International Finance Corporation and European Bank for Reconstruction and Development - have pumped billions of...

02 July 2020

CDC approves $100m Tier 2 capital deal to Egypt's CIB

The UK's CDC Group has closed a deal to provide $100 million of Tier 2 capital to Egypt's Commercial International Bank.The purpose of the Tier 2 capital is to...

02 July 2020

Mary Robinson to lead corruption inquiry into AfDB leader Adesina

Former president of Ireland Mary Robinson will lead a panel to investigate the leader of the African Development Bank.Robinson will lead the probe, alongside Gambia's...