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...
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...
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...
SPE Capital Partners has acquired Saham Pharma - an antibiotics manufacturer and hospital provider in Morocco - alongside Proparco as a minority investor. The deal...
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...
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...
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...
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...
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...
The Asian Infrastructure Investment Bank has agreed a $170 million loan to improve sanitation services in Bangladesh's capital Dhaka.The Dhaka Sanitation Improvement...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
The Multilateral Investment Guarantee Agency has issued guarantees that will support the refinancing of existing power transmission infrastructure in Cambodia’s...