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05 November 2020

IDB Invest issues third domestic bond in Paraguay

IDB Invest, the private sector institution of the Inter-American Development Bank Group, has issued its third bond denominated in Paraguayan guaranies, to finance access...

05 November 2020
in
Waste and water

World Bank debars Berky over Myanmar river basin project fraud

The World Bank Group has debarred Germany-based Berky for two years and six months in connection with collusive, fraudulent, and corrupt practices under the Ayeyarwady...

05 November 2020
in
Renewable energy

Mongolia floats EPC tender for 10MW Altai solar power project

Mongolia has launched an engineering, procurement, and construction tender for a 10MW solar power project in the country’s Altai region.The Mongolian government has...

05 November 2020
in
Waste and water

KfW and Spain help finance Moroccan drinking water projects

The Spanish government has approved a €5 million loan for Morocco to build two seawater desalination plants — in Assa-Zag, in the Guelmim-Oued Noun region, and...

05 November 2020
in
Social infrastructure

EIB mulls ban on funding airport expansions

The European Investment Bank could withdraw support for new airports, according to a draft climate roapmap. The bank, however, is set to keep funding motorways, as well...

05 November 2020

BSTDB, Chexim sign project finance MoU

The Black Sea Trade and Development Bank (BSTDB) and the Import-Export Bank of China have signed a Memorandum of Understanding to finance energy and infrastructure...

05 November 2020
in
Social infrastructure

AFD helps finance Casablanca tramway extension

Agence Francaise de Developpement (AFD) has signed a MAD1.1 billion ($119.8 million) loan deal with Casa Transport en Site Amenage for the construction of two new lines...

05 November 2020
in
Social infrastructure, Waste and water

OPEC Fund finances clean water and 300km road project in DR Congo

The OPEC Fund for International Development (the OPEC Fund) is providing two loans totaling $45 million to help increase the supply of potable water and boost food...

04 November 2020
in
Renewable energy, Traditional energy

Commerz Real unveils real asset-focused impact fund Klimavest

Commerz Real, part of Commerzbank Group, has launched the first impact fund for private investors which focuses on real assets – Klimavest. Over the course of...

04 November 2020

KfW promotional business volume doubles but profit slumps

Germany's KfW Group doubled its promotional business volume in the first nine months of the year compared to the same period in 2019 to reach an all-time high of...

04 November 2020
in
Social infrastructure

Japan, Korea, German firms bid for Chennai Metro project

Seven consortia railroad construction and consultancy firms from Europe, the US, Japan, and Korea have shown interest to work as a general consultant for the construction...

04 November 2020
in
Traditional energy

Mozambique gas-fired power plant financing takes shape

A Globtech-led team is expected to close a heavily DFI-backed loan to finance its $624 million 450MW Temane gas-fired project in Mozambique for Q2 2021. The...

04 November 2020

NDB registers RMB20bn bond programme in China

The New Development Bank has registered its second RMB Bond Programme in the China Interbank Bond Market.The lender has been granted approval to raise up to RMB20 billion...

04 November 2020

Bpifrance fund targets chemicals maker Arkema for first investment

Bpifrance has bought 5.08% of French chemicals group Arkema in the first investment of its new equity investment fund Lac1.Bpifrance, which manages the fund, has put...

04 November 2020

CDC agrees $75m dollar funding to Stanbic IBTC Bank

CDC Group, the UK’s development finance institution, has announced a $75 million debt commitment to Nigeria's Stanbic IBTC Bank, a member of the Standard Bank...

04 November 2020
in
Agriculture/food chain, Social infrastructure

OPEC Fund, AfDB help strengthen Senegal’s food security

The OPEC Fund for International Development has signed a $20 million public sector loan deal with Senegal to co-finance a project that will boost food security and...

04 November 2020
in
Traditional energy

Chariot Oil & Gas receives EOI from AFC over Anchois project

AIM-listed Chariot Oil & Gas has received a non-binding expression of interest from Africa Finance Corporation regarding debt finance for the Anchois gas discovery,...

04 November 2020
in
Traditional energy

InPlay seals $25m Business Development Bank of Canada facility

Calgary-headquartered InPlay Oil Corp has entered into definitive agreements with the Business Development Bank of Canada and its syndicate of lenders for a $25 million...

04 November 2020
in
Renewable energy

IFC, Santander Brasil boost green and SME financing

The International Finance Corporation is partnering with Santander Brasil to boost access to credit for small and medium-sized enterprises and expand green financing in...

03 November 2020

ICIEC, IsDB launch $2bn COVID-19 Guarantee Facility

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and the Islamic Development Bank (IsDB) have jointly launched the COVID-19 Guarantee...