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02 July 2020
in
Renewable energy

Uzbekistan launches RFQs for solar PV tender

Uzbekistan has launched RFQs for a solar project in the central Asian country, with the deadline for submissions on 25 August (2020). This is the first project in a...

02 July 2020
in
Renewable energy

Uzbekistan launches RFQs for solar PV tender

Uzbekistan has launched RFQs for a solar project in the central Asian country, with the deadline for submissions on 25 August (2020). This is the first project in a...

02 July 2020
in
Mining, Renewable energy, Traditional energy

CDC Group to end fossil fuel financing

CDC Group, the UK’s development finance institution, has vowed to end fossil fuel financing and support only businesses which align with the Paris Climate...

02 July 2020

BOAD supports Dakar Diamniadio Sports City project in Senegal

The Dakar Diamniadio Sports City project in Senegal will receive about $3.2 million from the West African Development Bank (BOAD) and more thn $2.9 million from the...

02 July 2020
in
Agriculture/food chain

EIB and EBRD boost financing to Romanian farmers

Farmers in Romania are set to benefit from improved access to finance thanks to new funds provided to Agricover Credit IFN by the European Bank for Reconstruction and...

02 July 2020

MDBs and WTO make trade vow amid COVID-19 crisis

Multilateral development banks and the World Trade Organization have pledged to provide urgently needed support for trade during the coronavirus crisis.In a joint...

02 July 2020

KfW diversifies funding as capital markets face COVID-19 challenge

German development bank KfW has diversified its sources of funding amid the coronavirus pandemic, with the lender also revising its funding in the international capital...

02 July 2020
in
Renewable energy

IDB Invest supports growth of Mexican distributed solar energy market

IDB Invest is to provide financing in Mexican pesos for the equivalent of $15 million to Bright Mexico Solar Holdings II to develop a portfolio of residential...

02 July 2020

World Bank appoints Carolyn Turk as Vietnam Country Director

The World Bank has appointed Carolyn Turk to the role of Country Director for Vietnam. She will be based in Hanoi. She joined the World Bank in 1998 and has since...

02 July 2020
in
Waste and water

EBRD finances flood-protection measures in Mongolia

The European Bank for Reconstruction and Development has approved a $7 million loan to help finance a flood defence project in Erdenet, Mongolia.The sovereign loan will...

01 July 2020

IFC, Citi share $800m emerging markets trade finance facility

The International Finance Corporation and Citi have established an $800 million facility to facilitate trade finance in emerging markets. IFC and Citi will share the risk...

01 July 2020
in
Social infrastructure

$350m World Bank loan will boost Turkey's rail connectivity

The World Bank is providing a €314.5 million ($350 million) loan to Turkey for improving its rail connectivity and logistics,  The Turkey Rail Logistics...

01 July 2020

MIGA issues €47.5m guarantee to Alpha Bank Albania

The Multilateral Investment Guarantee Agency has issued a guarantee to Alpha Bank A.E. of Greece covering up to €47.5 million of its investment in its Albanian...

01 July 2020
in
Traditional energy

Amber Grid gets EIB loan for Poland-Lithuania gas interconnector

Amber Grid has signed on a €65 million 18-year loan from the EIB to part fund construction of the Lithuanian section of a high pressure gas interconnector project...

01 July 2020
in
Social infrastructure

Trinidad and Tobago signs $150m COVID-19 loans with CAF

CAF, the Latin America development bank, has signed two loans totalling $150 million with the Trinidad and Tobago Government to aid in the country’s response to the...

01 July 2020

CDC agrees trade finance risk share for Societe Generale

CDC Group has closed a $100 million trade finance risk sharing facility with Societe Generale (SG) to increase the limits SG currently provides to local banks and extend...

01 July 2020

World Bank hires new director for Maldives, Nepal, Sri Lanka

Faris Hadad-Zervos is the World Bank’s new Country Director for Maldives, Nepal and Sri Lanka, effective immediately. Based in Kathmandu, he will oversee the...

01 July 2020
in
Traditional energy

Calidda out to market for gas distribution business in Peru

Gas Natural de Lima y Callao (Calidda) is out to market to back the expansions of its gas distribution business in Peru. Calidda is eyeing up around up to $100 million in...

01 July 2020
in
Social infrastructure

AIIB agrees first loan to Maldives to boost COVID-19 response

The Asian Infrastructure Investment Bank has approved a loan of $7.3 million to the Maldives to strengthen the country’s health response to the COVID-19 pandemic....

01 July 2020
in
Renewable energy, Traditional energy

World Bank debuts $415m infrastructure finance facility to TDB

The World Bank’s International Development Association (IDA) has agreed a debut $415 million Regional Infrastructure Finance Facility to the Eastern and Southern...