The New Development Bank has approved a COVID-19 Emergency Program Loan of $1 billion to the South African government.The loan will assist the government in rolling out...
The Eastern and Southern African Trade and Development Bank (TDB) has sealed two new impact-focused long-term financing facilities worth an initial total of $80 million.A...
The World Bank's International Development Association has approved a $385 million loan to finance an electricity interconnection project between Cameroon and Chad.A...
France's Proparco has agreed a $20 million loan to Egyptian apparel company T&C Garments. The funds will help the company double its production facility over the...
Private businesses in Serbia are set to benefit from a €40 million loan provided by the European Bank for Reconstruction and Development to ProCredit Bank...
The Asian Development Bank has approved a $30 million loan to develop and operationalise Mongolia’s Zamyn-Uud free zone, which is part of a proposed economic...
The European Bank for Reconstruction and Development is arranging a $130 million loan to Sodrugestvo Group, an international agro-industrial conglomerate incorporated in...
Global development banks are mobilising billions of US dollars in capital to fund initiatives in Latin America as commercial bank lending slumps throughout the region,...
The Asian Infrastructure Investment Bank has agreed a loan of $100 million to Mongolia to support its COVID-19 Rapid Response Program. It is AIIB’s first project...
The Asian Development Bank has approved a $126 million loan to support the construction of a 15km water transmission pipeline aimed at helping secure water supply for...
Portugal’s government has approved plans to create a state-owned development bank to channel funds into companies and sectors to bolster the economy. Approval...
The Islamic Development Bank has sold $1.5 billion in five-year sukuk. IsDB set the Islamic bonds’ spread at 55 basis points over midswaps, tightening 15 bps...
The European Bank for Reconstruction and Development has agreed to double the trade finance limit to Bank of Cyprus to €100 million, providing a boost for the...
The Black Sea Trade and Development Bank (BSTDB) and the Hellenic Development Bank (HDB) have signed a Memorandum of Cooperation initiating a new financing program...
The International Development Association, part of the World Bank Group, has approved a loan of about $315 million to the Cote d’Ivoire government to finance its...
The International Finance Corporation, Germany's DEG, and the Asian Development Bank have agreed financing for the Mazar-e-Sharif gas-to-power plant in northern...
The Asian Infrastructure Investment Bank has approved a loan of $500 million for the COVID-19 Active Response and Expenditure Support (CARES) Program to support...
The European Investment Bank has agreed a green energy loan of SEK1 billion ($107 million) with Swedish property owner and developer Atrium Ljungberg.The unsecured...
The African Development Bank has approved a €225 million loan to finance Egypt’s Electricity and Green Growth Support Program.The funding will help meet the...
Developing Asia will barely grow in 2020 as containment measures to address the coronavirus pandemic hamper economic activity and weaken external demand, according to new...