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10 November 2020

EBRD loan helps SMEs in Bosnia and Herzegovina amid COVID-19

The European Bank for Reconstruction and Development is providing a loan of up to €15 million to Intesa Sanpaolo Banka d.d. BiH in support of SMEs facing the...

10 November 2020

ADB to fund green finance development in Hebei

The Asian Development Bank has approved a $198.51 million equivalent loan to fund green finance development in Hebei province, China. The loan will be provided via...

09 November 2020
in
Manufacturing, Traditional energy

Additional IDB Invest funds in the pipeline for El Salvador LNG project

IDB Invest is to review a financing request next month for the regasification component of Energía del Pacífico’s LNG to power project in El...

09 November 2020

EIB President Werner Hoyer makes case for an EU development bank

Werner Hoyer, the President of the European Investment Bank, says the European Union needs to reinforce its development financing activities in order to level the playing...

09 November 2020
in
Renewable energy, Traditional energy

GreenCo gets funding to set up Zambian renewable energy intermediary

Africa GreenCo, through its Zambia-based subsidiary GreenCo Power Services, has received an investment of $1.5 million to complete its operational establishment in Lusaka...

09 November 2020

The world’s first outcomes-driven gender bond

IDB Invest, which structured the bond for Colombian bank Davivienda, believes the landmark issuance will catalyse the wider gender-linked bonds market in Latin America.

09 November 2020
in
Traditional energy

South African investors exit Thabametsi coal project on climate concerns

South African investors have pulled out of a multi-billion dollar coal-fired power plant project in northern Limpopo province, putting its construction at risk as...

09 November 2020
in
Agriculture/food chain

Romania's Agricover to launch €40m bonds

Romanian agribusiness Agricover Holding is preparing to launch a €40 million bond issue on the Bucharest Stock Exchange.The bonds will have a face value of...

09 November 2020

IFC, HKMA unveil new alliance to address climate change

The International Finance Corporation has signed a new partnership with the Hong Kong Monetary Authority (HKMA) to encourage commercial banks in Asia to adopt strategies...

09 November 2020

Bilateral DFIs and EIB launch €280m COVID-19 support scheme

Eleven members of the Association of European Development Finance Institutions (EDFI) are strengthening cooperation with the European Investment Bank to create a new...

09 November 2020

IDB Invest, Banco W support microenterprises through bond

IDB Invest structured and subscribed a social bond with a gender focus issued by Banco W and registered in the Colombian Stock Exchange. The four-year tenor bond of...

09 November 2020

EIB supports projects linked to human rights violations, NGOs claim

The European Investment Bank has been using taxpayer cash to support infrastructure projects linked to alleged human rights violations, an investigation by NGOs...

06 November 2020
in
Waste and water

Bangladesh out to AIIB for solid waste PPP project financing

Bangladesh is out to the AIIB for support for its series of proposed solid waste management PPP projects in selected municipalities in the country. Local Government...

06 November 2020
in
Renewable energy

ATI backs $67m Nkhotakota solar project in Malawi

The African Trade Insurance Agency (ATI) is supporting a $67 million solar plant in Malawi.The Nkhotakota Solar Power Plant, one of Malawi’s first commercial scale...

06 November 2020

Development bank loan books 'risk hit from nature loss'

The world’s development finance institutions are exposed to potential nature-related losses across more than a quarter of their investments and should carry out...

06 November 2020
in
Manufacturing, Mining, Renewable energy, Traditional energy

Development bank group lent $197bn in green finance in 2019

The International Development Finance Club, a group of 26 national and regional development banks, said its members supplied $197 billion in green finance in 2019. The...

06 November 2020
in
Social infrastructure

EBRD funds €65m bridge and road projects in Ukraine

The European Bank for Reconstruction and Development has agreed to provide loans to Ukraine to finance regional-level road infrastructure projects. The pilot projects...

06 November 2020
in
Manufacturing, Mining, Traditional energy

European DFIs vow to cease fossil fuel investments by 2030

The Association of European Development Finance Institutions (EDFI), which has a combined $50 billion under management in emerging and frontier markets, has announced...

06 November 2020

Mexico becomes member of Development Bank of Latin America

Mexico has been accepted as a full fledged member of the Development Bank of Latin America (CAF).The Mexican finance ministry said CAF "has provided financing to the...

05 November 2020

Report highlights potential of Islamic finance in Saudi Arabia

With almost $900 billion assets, Islamic finance can be a catalyst to Saudi Arabia's Vision 2030, according to a new report by The Islamic Research and Training...