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10 October 2024
in
Finance and other

ADB unveils report on sovereign default and loss rates

ADB has published a comprehensive report detailing its sovereign default and loss rates over a 34-year period. The report reveals that ADB has not lost principal,...

10 October 2024
in
Finance and other

New AfDB role for Nnenna Nwabufo

AfDB has appointed Nnenna Lily Nwabufo as Vice President for Regional Development, Integration and Business Delivery.Nwabufo brings over 33 years of expertise in...

10 October 2024

IDB Invest’s Alvarenga talks change – all $3.5bn of it

Marisela Alvarenga, chief investment officer, Latin America and the Caribbean, at IDB Invest explains how the organisation’s recent $3.5 billion capital increase and its...

10 October 2024

EIB agrees ACP Trust Fund financing with EU nations

EIB has signed agreements with seven EU Member States pledging just over €74 million (about $81 million) to a new envelope under the ACP Trust Fund. This...

10 October 2024

Asia GX Consortium launches

JICA has joined the Asia GX (Green Transformation) Consortium, which announced its official launch on October 2, as one of the original consortium members.The consortium...

10 October 2024
in
Finance and other

World Bank issues SEK3bn 10-year sustainable development bond

The World Bank has issued a Swedish krona-denominated ten-year benchmark bond that raised SEK3 billion (about $288.7 million). The bond matures on October 10, 2034.Nordea...

09 October 2024

GFANZ launches indices consultation paper

Glasgow Financial Alliance for Net Zero (GFANZ) has launched a public consultation paper on voluntary guidance on the development of “transition-informed”...

09 October 2024
in
Renewable energy

Solengy Haiti asks IFC for solar project funds

Solengy Haiti has submitted a financing request to IFC to help deploy additional solar energy systems across the Caribbean country.The financing package includes an IFC A...

09 October 2024
in
Agriculture/food chain

BNDES funds phase 1 of J. Macedo's new complex

BNDES has approved financing of BRL125 million ($22.4 million) to J. Macedo for the construction of the first phase of a new industrial complex in Londrina, Parana,...

09 October 2024

Scatec awarded €30m for Egyptian green hydrogen project

Scatec's €500 million Egypt Green Hydrogen project signed a €30 million grant deal with PtX Development Fund.The deal represents the first grant approved by...

09 October 2024
in
IT and telecoms

BNDES backs Highline tower build-out

Independent telecoms tower company Highline do Brasil, owned by US fund DigitalBridge, has raised BRL65 million ($11.8 million) in financing from BNDES via the BNDES FUST...

09 October 2024
in
Waste and water

BNDES funds Sanepar's water supply expansion project

BNDES will provide BRL194 million ($34.8 million) to the Parana Sanitation Company (Sanepar) for the recovery and expansion of the water supply system in the Metropolitan...

09 October 2024
in
Renewable energy

Iraq to seek IFC finance for blue ammonia project

Iraq is set to hold talks with IFC to seek funds for its first blue ammonia project.The project is part of a “climatic and environment” strategy which...

09 October 2024
in
Agriculture/food chain

Valency secures PXF facility from IFC, Absa

IFC and Absa will provide a commodity trade finance facility to Singapore-based Valency International to support the company’s pre-export of agricultural...

09 October 2024
in
Finance and other

New AfDB role for Mtchera Johannes Chirwa

AfDB has appointed Mtchera Johannes Chirwa Acting Director for the Water and Sanitation Department.Chirwa is currently Coordinator of the African Water Facility, a...

09 October 2024

EIB and IKB partner to support mid-caps

EIB and IKB Deutsche Industriebank have started a new partnership to support investment by Germany’s mid-cap companies. Firms with up to 3.000 employees can...

09 October 2024
in
Renewable energy, Traditional energy

SUSI secures EIF support for fund

SUSI Partners has received a €25 million ($27.3 million) commitment from the European Investment Fund for its SUSI Energy Efficiency & Transition Credit...

09 October 2024
in
Climate finance

DEG joins Amazonia Finance Network

The Amazonia Finance Network has added DEG as its newest member, making it the 48th group to sign up.DEG, a subsidiary of Germany's KfW Group, plays a key role in...

09 October 2024

Nepal gets disaster response and resilience support

The World Bank has approved $150 million in contingent financing for the Government of Nepal to use in the event of a natural or climate-induced hazard or health...

09 October 2024
in
Finance and other

DFC opens Dominican Republic regional office

DFC has opened a regional office in the Dominican Republic.DFC says that, under the guidance of Regional Managing Director Michael McNulty, the office will identify...