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12 September 2022
in
Social infrastructure, Traditional energy

IsDB approves financing for projects in nine countries

IsDB has approved $1.12 billion in financing for projects in nine member countries. The bank approved funding for projects in sectors as food security, health, transport,...

22 August 2022
in
Climate finance

AFD finances new phase of Salam project

AFD has approved financing for the new phase of the Salam project, a program that supports young civil society actors on the southern shore of the Mediterranean.Focused...

18 August 2022
in
Finance and other, Social projects

EBRD, GCF, MFW sign $2.725m GEFF for Jordan MSMEs

EBRD and Jordan’s Microfund for Women have signed a $2 million Green Economy Financing Facility, including a $500,000 co-financing agreement with GCF. The GEFF...

17 August 2022
in
Climate finance

EBRD, EU, GCF support green investments in Jordan

The EBRD and Bank al Etihad of Jordan have signed a $10 million Green Economy Financing Facility that includes $500,000 of co-financing from the Green Climate...

10 June 2022

DFIs release MENA private sector growth report

The EIB, the EBRD, and the World Bank have published a joint report, Unlocking Sustainable Private Sector Growth in the Middle East and North Africa. The report...

17 May 2022

World Bank agrees $85m financing for Jordan export fund

The World Bank has approved $85 million in financing for the Jordan Support for Industry Development Fund Project, which aims to promote investments and exports in the...

09 May 2022

IFC names new country manager for Afghanistan and Pakistan

IFC has named Zeeshan Sheikh as its new country manager for Afghanistan and Pakistan. Sheikh, a British national, joined IFC in 2010. He has worked extensively on...

31 March 2022
in
Finance and other

EIB backs business investment in Jordan

Access to finance by entrepreneurs and businesses across Jordan will be enhanced by new cooperation between the EIB and Jordan Commercial Bank. The EIB will provide...

23 March 2022
in
Finance and other

Jordan receives $350m Covid support from World Bank

The World Bank has approved $350 million in additional financing for Jordan’s COVID-19 Emergency Response Project to continue cash support to poor and vulnerable...

17 March 2022
in
Waste and water

EBRD considering loan for Ain Ghazal wastewater

The EBRD is considering providing an $8 million loan to finance the upgrade of the Ain Ghazal wastewater treatment project in Jordan. The current plant will be expanded...

28 January 2022

BlueMark raises $3.75m

BlueMark, a provider of impact verification services for investors and companies, has raised $3.75 million in total funding from the Ford Foundation, Radicle Impact, the...

06 January 2022
in
Social infrastructure

World Bank Group sanctions ADP International

The World Bank has announced the 24-month sanction of France-based ADP International S.A, an airport developer, operator, and manager, and a subsidiary of Aeroports de...

07 December 2021
in
Waste and water

EBRD and EU finance upgrade to largest landfill in Jordan

The European Bank for Reconstruction and Development is providing a financing package worth €14.7 million (about $16.6 million) to upgrade Amman’s only...

30 November 2021
in
Waste and water

EBRD and EU upgrade wastewater services in Jordan

The European Bank for Reconstruction and Development has agreed a sovereign loan of €30 million ($34 million) for a project to improve water supply and modernise...

18 November 2021
in
Manufacturing, Renewable energy, Social infrastructure, Traditional energy, Waste and water

EIB unveils €9.2bn in new financing in range of sectors

The European Investment Bank has approved €9.2 billion of new financing for 34 projects to accelerate urban development, deliver climate action, improve health and...

18 November 2021

FMO helps support MSMEs in Jordan

Dutch development bank FMO and Capital Bank of Jordan have signed a $20 million NASIRA guarantee programme. This guarantee is earmarked for MSME loans to...

13 October 2021

Proparco, DEG extend $75m loan to Capital Bank Of Jordan for SMEs

The Capital Bank of Jordan (CBoJ) is set to receive a $75 million faciity from Proparco and DEG to provide capital its trade and export SME lending activities. CBoJ has...

23 September 2021

Iraq and World Bank unite to boost women’s economic empowerment

The government of Iraq - with support from the World Bank - has unveiled a new plan to remove constraints and create more economic opportunities for women.The...

22 September 2021

EBRD fosters trade in Jordan with $50m facility

The European Bank for Reconstruction and Development is providing a $50 million trade facility to the Housing Bank for Trade and Finance under the EBRD’s Trade...

06 September 2021

Proparco participates in first closing of Amethis MENA Fund II

Investment fund Amethis has announced the first closing of the Amethis MENA Fund II at €85 million. Proparco, via FISEA +, the AFD Group facility advised by...