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29 June 2020
in
Manufacturing, Traditional energy

ADB agrees $200m loan for Nepal power distribution project

The Asian Development Bank has approved a $200 million concessional loan to improve power supply and distribution systems in Nepal. The project will finance, among...

29 June 2020

Proparco invests $30m in AfricInvest

France's Proparco has made a $30 million investment in the first close of AfricInvest’s new multisector private equity fund to boost small and medium-sized...

26 June 2020
in
Renewable energy

EIB finances the largest solar project in Andalusia

The European Investment Bank is investing €43.5 million to finance the largest solar project in Andalusia and one of the most powerful in Spain. The Cabrera...

26 June 2020
in
Social infrastructure

EBRD, IFC support first concession project in Ukraine

Ukraine's first concession project, structured in line with best international practice, has been signed.The consortium of Ukrainian stevedoring and agro-industrial...

26 June 2020
in
Renewable energy

EIB agrees €63m financing for 43.6MW Austrian wind farms

The European Investment Bank is providing financing of €63 million for the construction and operation of two new wind farms in Austria - Prinzendorf III and Powi...

26 June 2020
in
Social infrastructure

EDB assigns part of subordinated loan for Russian Central Ring Road 3 project

The Eurasian Development Bank (EDB) has assigned a part of the mezzanine loan it had provided for Russia’s largest infrastructure project – the construction...

26 June 2020

DFC release IQ development impact measurement tool

US International Development Finance Corporation has unveiled Impact Quotient (IQ) - a tool for measuring the development impact of projects supported by the...

26 June 2020
in
Social infrastructure

African Development Fund boosts COVID-19 fight in 6 countries

The African Development Fund has approved nearly $8.9 million in grant funding to bolster COVID-19-related control measures in six Southern African Development Community...

26 June 2020

CABEI raises credit line to Banco Ficohsa to $130m

The Central American Bank for Economic Integration (CABEI) has agreed a $30 million increase to the Global Credit Line to Honduras-based Banco Financiera Comercial...

25 June 2020

BOAD approves $391m project financing for 6 countries

The West African Development Bank (BOAD) has approved XOF228 billion (about $391 million) for development projects in the region.The package comprises XOF128 billion for...

25 June 2020

$80m IADB loan supports Uruguay's MSMEs during COVID-19

The Inter-American Development Bank has approved an $80 million loan to strengthen the sustainability of micro, small and medium-sized enterprises impacted by the...

25 June 2020
in
Traditional energy

EBRD to select lead consultant for North Macedonia gas project

The European Bank for Reconstruction and Development is to select financial and technical consulting companies to help prepare, organise and implement the tender for a...

25 June 2020

China taps World Bank official for US-facing finance post

China is adding a new face to its trade negotiation team by appointing its chief representative at the World Bank to head the Finance Ministry’s international...

25 June 2020
in
Manufacturing, Traditional energy

World Bank approves $750m financing to boost Nigeria's energy supply

The World Bank has approved International Development Association credit of $750 million to improve the reliability of electricity supply, achieve financial and fiscal...

25 June 2020
in
Agriculture/food chain

Cocobod receives $200m tranche to boost cocoa production

The Ghana Cocoa Board (Cocobod) has received a $200 million loan facility from a consortium of banks - the first tranche of a $600 million credit line signed in 2017.The...

25 June 2020
in
Social infrastructure

$500m World Bank loan will finance Bangladesh road project

The World Bank has approved $500 million to help Bangladesh improve road connectivity along the Jashore-Jhenaidah corridor covering four western districts. The...

25 June 2020

EIB supports Austrian SMEs with €100m loan

The European Investment Bank is providing a €100 million global loan to Austria's Raiffeisenlandesbank Oberösterreich to support small and medium-sized...

24 June 2020

Vasakronan raises EIB green loan

The EIB is providing Swedish real estate company Vasakronan with a SEK2 billion ($220 million) 10-year green loan. Proceeds will support construction and renovation of...

24 June 2020
in
Renewable energy

Bangladesh's Kushtia solar PV IPP timeline emerges

The signing of the PPA backing the 40MW Kushtia solar PV IPP project in Bangladesh is expected at the end of the summer. Sustainable and Renewable Energy Development...

24 June 2020

DFC head says agency could loan billions for reshoring

US government financing for projects to return critical supply chains to the country as part of coronavirus response efforts could reach tens of billions of dollars - and...