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20 April 2020

ADB Ventures raises $50m, exceeding fund capitalization target

ADB Ventures - the new impact investment platform of the Asian Development Bank - will soon begin operations after successfully raising the equivalent of $50 million from...

20 April 2020
in
Traditional energy

APICORP to raise its callable capital to $8.5bn

The Arab Petroleum Investments Corporation (APICORP) has announced that its General Assembly has ratified a landmark increase in callable capital to $8.5 billion, as well...

20 April 2020
in
Waste and water

SPE Capital and Proparco in Moroccan pharma deal

SPE Capital Partners has acquired Saham Pharma - an antibiotics manufacturer and hospital provider in Morocco - alongside Proparco as a minority investor. The deal...

20 April 2020
in
Waste and water

Iran applies to World Bank and IsDB for COVID-19 loans

Iran has applied for loans from the Islamic Development Bank and World Bank to help finance its fight againt COVID-19. It is the first time since 2005 that Iran has...

20 April 2020

FMO agrees loan to Georgia's Credo Bank to help SMEs in COVID-19 crisis

Dutch development bank FMO has closed a five-year GEL30 million loan with Georgian microfinance institution Credo Bank. The facility aims to support micro, small and...

20 April 2020
in
Waste and water

COVID-19: IsDB provides $444.5m to nine countries

The Islamic Development Bank has announced fresh financial packages - ranging from $15 million to $250 million to support each Member Country in their efforts to tackle...

20 April 2020
in
Traditional energy

AfDB denies plans to finance the East African Crude Oil Pipeline Project

The African Development Bank has denied reports it plans to provide financial support to the East African Crude Oil Pipeline Project.The lender said that its NEPAD...

20 April 2020
in
Social infrastructure

CDB Financial Leasing cancels purchase of 29 Boeing 737 MAX jets

China Development Bank Financial Leasing has reached an agreement with Boeing to cancel the purchase of 29 undelivered 737 MAX jets. The model has been grounded...

20 April 2020
in
Waste and water

AIIB, World Bank finance Dhaka sanitation improvement project

The Asian Infrastructure Investment Bank has agreed a $170 million loan to improve sanitation services in Bangladesh's capital Dhaka.The Dhaka Sanitation Improvement...

20 April 2020
in
Waste and water

IADB increases funding for fight against COVID-19

The Inter-American Development Bank (IADB) has made available almost $1.7 billion in additional funding for 2020 to confront the COVID-19 pandemic.Through new programs to...

20 April 2020
in
Waste and water

ADB approves loan for Uzbekistan waste management project

The Asian Development Bank has approved a $60 million loan that will help improve and expand solid waste management services in small urban and rural areas across...

17 April 2020
in
Waste and water

EIB backs creation of €25bn COVID-19 guarantee fund

The Board of Directors of the European Investment Bank have backed the creation of a €25 billion European COVID-19 guarantee fund. The fund will enable the EIB Group...

17 April 2020
in
Waste and water

Newron Pharmaceutical receives third tranche of EIB loan

Italy-based Newron Pharmaceutical has received Tranche 3 under its financing agreement with the European Investment Bank. The tranche consists of €7.5 million and...

17 April 2020
in
Waste and water

World Bank prices SEK11.5bn Sustainable Development Bonds

The World Bank has priced a new SEK benchmark due 23 December, 2022, raising SEK11.5 billion ($1.15 billion). The bond, which the World Bank says is the largest...

16 April 2020

World Bank unveils coronavirus funding in Niger and Malawi

The World Bank has agreed $13.95 million in financing to prevent, detect and respond to the threat posed by COVID-19 and strengthen national systems for public health...

16 April 2020

CAF agrees $50m coronavirus loan to Trinidad and Tobago

CAF, the Latin American development bank, has approved a $50 million loan to mitigate the effects of the COVID-19 health crisis in Trinidad and Tobago. The new loan...

09 April 2020
in
Waste and water

AIIB commits $385m to improve water access in Uzbekistan

The Asian Infrastructure Investment Bank has approved a $385 million loan to provide access to safely managed water and sanitation services and strengthen the operational...

09 April 2020

AfDB launches $10bn Response Facility to curb COVID-19

The African Development Bank Group has unveiled a $10 billion COVID-19 Response Facility to assist regional member countries in fighting the pandemic. The facility...

09 April 2020
in
Renewable energy, Traditional energy

Datong plans 200MW solar project under CRESP

The Chinese city of Datong in Shanxi province is planning to set up a 200MW solar and 6MW energy storage project to be developed under Phase-II of China’s Renewable...

09 April 2020
in
Manufacturing, Traditional energy

MIGA backs refinancing of Cambodian power project

The Multilateral Investment Guarantee Agency has issued guarantees that will support the refinancing of existing power transmission infrastructure in Cambodia’s...