Sponsors of the $647 million 216MW Upper Trishuli hydropower project in Nepal - Korea South-East Power (50%), Daelim Industrial (15%), Kyeryong Construction Industrial...
According to Uzbekistan’s Ministry of Energy, 54 bidders have responded to its call for expressions of interest in a 200MW solar project in Sherabad, in the (for a...
Senegal is expected to sign a DFI-backed loan to finance the $295 million Senegal Municipal Solid Waste Management (SWM) project, which spans several regions of the West...
The International Finance Corporation has arranged a €303 million financing package for a new €404 million gas fired power project in Côte...
Nigeria’s Senate has approved President Muhammadu Buhari’s plan to borrow $22.7 billion from development banks and creditors to finance infrastructure...
Somalia has cleared its arrears to the International Development Association, part of the World Bank Group. The payment was made possible through a $365.9 million...
The Asian Development Bank has officially opened its new office in Singapore. The office is led by Sonali Tang, who has worked at ADB for five years in various senior...
China is close to giving the go-ahead for some of its biggest state-owned companies to develop the giant Simandou iron ore mine in Guinea, potentially paving the way for...
Brazil plans to push for its own candidate to lead the Inter-American Development Bank, vying with Argentina for the regional lender’s top job, as President Jair...
Tunisia’s Societe Nationale d'Exploitation et de Distribution des Eaux (SONEDE) has received final offers from just two of the six prequalified bidding groups...
Venezuela will sell some of its shares in the CAF Latin American development bank to pay down its debt with the lender.The sale was approved at a meeting of the...
The World Bank has priced a $3.5 billion five-year global benchmark bond that matures on 11 March, 2025. The bond pays a semi-annual coupon of 0.75% with an issue...
CAF - the deveopment bank of Latin America - has approved a $200 million loan to support Trinidad and Tobago’s management, planning and investment of tourism...
Mozambique's state-owned electricity utility Electricidade de Mocambique (EdM) is expected to launch an EPC tender for the $130 million Mozambique-Malawi regional...
African Development Bank (AfDB) has appointed Dr Kevin Kanina Kariuki as vice president for Power, Energy, Climate & Green Growth, effective from 16 April.Kariuki is...
Albania has secured an additional loan of $22 million from the kuwait Fund for Arab Economic Development to finance the construction of a road section along the Vlora...
The World Bank Group is making $12 billion avaiable to assist countries coping with the health and economic impacts of the coronavirus outbreak.The COVID-19 support...
The World Bank has approved an €89.10 million ($100 million) loan to China to improve rural water supply and sanitation services in Sichuan Province through a public...
The African Development Bank has appointed Solomon Quaynor as the Vice President for the Private Sector, Infrastructure and Industrialization Complex, effective from 1...
The Asian Infrastructure Investment Bank (AIIB) will lend $200 million to Bangladesh to increase access to electricity and improve service efficiency in the capital of...