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10 July 2024
in
IT and telecoms

NIB funds Swedish data centre expansion

Nordic Investment Bank (NIB) has signed a SEK280 million ($26.5 million) five-year loan with EcoDataCenter to finance the 24MW expansion of the Falun data centre in...

10 July 2024
in
Social infrastructure

ADB-funded Manu Sina is launched in Tuvalu

ADB, the government of Tuvalu, and representatives from the Honda Heavy Industries have launched a new passenger and cargo ship in Saiki. The new ship, the Manu Sina,...

10 July 2024
in
Finance and other

World Bank ups support for drought-hit Zambians

Over 1.6 million vulnerable Zambians, badly affected by the severe drought, are set to benefit from a new World Bank grant meant to address the adverse effects of the...

10 July 2024
in
Finance and other

World Bank names new country director for the Maghreb and Malta

The World Bank has appointed Ahmadou Moustapha Ndiaye as its new Country Director for the Maghreb and Malta. He succeeds Jesko Hentschel, who has served in the position...

10 July 2024
in
Traditional energy

Serbian renewable heat generation boostd by EBRD

EBRD is providing a loan to Serbia of up to €30 million ($32.5 million) to finance investments in renewable heat generation in several district heating companies in...

10 July 2024

IFC arranges $75m package for TerraPay

IFC has announced a financing package for TerraPay, an Africa-focused digital payments provider, to boost access to affordable remittances and support livelihoods and...

10 July 2024

EIB and Banca Sella agree €200m SME financing

EIB and Banca Sella have signed a €100 million (about $108 million) financing agreement to support investments and the working capital and liquidity needs of SMEs...

10 July 2024

EBRD supports small businesses in Kosovo

EBRD is boosting SMEs in Kosovo by extending a loan to Raiffeisen Leasing Kosovo.The bank’s financing of up to €5 million under the SME Reboot Programme will...

10 July 2024

EBRD signs grant agreement with Serbian Ministry of Mining and Energy

EBRD has signed a grant agreement for technical assistance with the Ministry of Mining and Energy under an European Union-funded project “Support for the operation...

09 July 2024
in
Renewable energy

Uxolo Athens: DEG's DeWit on upping DFI support

Uxolo spoke with Natalie DeWit, DEG Invest's head of strategy to outline how the German DFI is backing small-scale projects and gender-based SME lending to its first...

09 July 2024
in
Agriculture/food chain, Social infrastructure, Social projects

​IFC invests in Mongolia's first social bond

IFC is investing up to $100 million in the country's first social bond, which will be issued by Khan Bank.The total amount of the bond is up to $130 million, which...

09 July 2024

BSTDB supports Albanian MSMEs

BSTDB has signed a new €7 million MSME facility with NOA, a microfinance institution in Albania. This funding injection will be on-lent to private enterprises,...

09 July 2024

Natura sells bonds to lift use of sustainable Amazon ingredients

Brazil’s Natura & Co Holding sold BRL1.33 billion ($244 million) in local notes, with two multinational development banks snapping up almost half of the...

09 July 2024
in
Finance and other

AFC appoints Banji Fehintola as executive director, financial services

AFC has appointed Banji Fehintola as its new Executive Director of Financial Services, effective August 1. Fehintola succeeds Sanjeev Gupta, who completes the final term...

09 July 2024

EBRD and FATEN boost support to West Bank SMEs

EBRD is supporting MSMEs in the West Bank and Gaza with a $5 million loan to microfinance institution the Palestine for Credit and Development (FATEN). The facility will...

09 July 2024
in
Social infrastructure

IFC funds Togo textile manufacturing centre

Star Garments Group has received a financing package to help the company build Togo's first large-scale, export-focused apparel manufacturing centre.IFC's $15...

09 July 2024

EBRD and Banca Intesa Beograd to boost Serbian SME trade

EBRD has signed a financing package of €72 million (about $78 million) with Banca Intesa Beograd that aims to boost the competitiveness and trade potential of...

08 July 2024

JICA issues final tranche of Mumbai Metro Line 3 loan

JICA has issued the fifth and final tranche of its INR44.7 billion ($545.6 million) ODA loan for the Mumbai Metro Line 3 Project. Line 3, the last remaining part of the...

08 July 2024
in
Renewable energy

R.Power gets BGK loan for solar portfolio

Polish solar developer R.Power has secured a PLN231 million ($58.5 million) loan from state-owned DFI Bank Gospodarstwa Krajowego (BGK) to finance construction of a 72MWp...

08 July 2024

Uxolo Athens: ADB’s abundant green horizons

Bart Raemaekers, head of guarantees and syndications at ADB, discusses how the bank’s $13 billion pipeline is leveraging de-risking elements to meet a strong commercial...