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15 June 2022

NIB finances AFRY’s business expansion

NIB and the Swedish engineering, design, and advisory services company AFRY have agreed on a seven-year SEK500 million (about $49.4 million) loan. NIB’s financing...

15 June 2022

Maslin Capital to launch Tk100cr impact fund

Maslin Capital, a fund management company belonging to City Group, has initiated a process to launch a Tk100 crore impact fund.  City Bank Capital Resources, a...

15 June 2022
in
Finance and other, Social infrastructure

World Bank agrees $162m for Indian RIGHTS project

The World Bank has approved financing of $162 million for the RIGHTS project to strengthen the social protection systems and capability of the state of Tamil Nadu, in...

14 June 2022
in
Social infrastructure

GuarantCo agrees landmark financing for Cameroon toll plazas

GuarantCo is providing a $38.4 million guarantee solution to Societe Generale Cameroun and Societe Commerciale de Banque Cameroun to finance TollCam, a project company...

14 June 2022
in
Climate finance, Renewable energy

BII and Symbiotics partner on Green Basket Bond

British International Investment (BII) has subscribed to a $75 million Green Basket Bond arranged by Symbiotics, an markets access platform and financial lender. The...

14 June 2022

IFC, Vista Bank boost West African trade finance

IFC, through its Global Trade Finance Program, is partnering with Vista Bank, which serves clients across West Africa with a wide range of financial services. The aim is...

14 June 2022
in
Climate finance

World Bank supports diversification of tourism in The Gambia

The World Bank has approved a $68 million grant from the International Development Association to support the diversification and climate resilience of the tourism sector...

14 June 2022
in
Social projects

IFC and Avacare partner to improve healthcare in Africa

To increase access to high quality, affordable healthcare products and services across Africa, IFC has announced a partnership with Avacare Global to help the company...

14 June 2022

ADB boosts access to finance for MSMEs in Kazakhstan

The ADB and microfinance organization KMF have signed a loan of up to $15 million equivalent to expand access to credit for MSMEs in Kazakhstan. The funds will be used to...

13 June 2022
in
Traditional energy

Alsons secures DBP loan for hydroelectric power project

Alsons Power Group has secured a PHP3.3 billion (about $62 million) loan from the Development Bank of the Philippines to complete the company’s first renewable...

13 June 2022
in
Social infrastructure

IBRD issues $245m for Indian Railways modernisation

The IBRD has agreed a $245 million loan to support India’s efforts to modernise rail freight and logistics infrastructure. The $245 million loan has a maturity of...

13 June 2022

IFC supports SMEs in Paraguay with $100m Sudameris loan

The IFC has agreed a new loan of up to $75 million to Paraguay's Sudameris Bank. The loan will increase access to finance for SMEs in Paraguay, which in turn will...

13 June 2022
in
Agriculture/food chain, Climate finance, Social infrastructure

DFC unveils $100m health, agriculture, financial inclusion deals

DFC has announced the commitment of five financing projects throughout Latin America, totaling more than $100 million. The new projects in Brazil, Paraguay, Honduras, and...

13 June 2022
in
Social projects

$44m World Bank loan will boost education in Guyana

The World Bank has approved financing of $44 million for the Guyana Strengthening Human Capital through Education Project. The project will focus on expanding access...

13 June 2022
in
Finance and other

OPEC Fund, World Bank fund Kosovo public finances program

The OPEC Fund is extending a $40 million loan to Kosovo to support the Public Finances and Economic Growth Program.The comprehensive plan will improve fiscal...

13 June 2022

Africa Fertilizer Financing Mechanism helps farmers in Ghana

The Africa Fertilizer Financing Mechanism will extend a $2 million partial trade credit guarantee to ETG Inputs Ghana to support delivery of fertilizer to 200,000...

13 June 2022
in
Social infrastructure

EBRD supports Ukraine rail company UkrZaliznytsya

The EBRD has repurposed part of an existing loan to provide €50 million ($52.4 million) of liquidity to UkrZaliznytsya (UZ) - Ukraine’s railway company known...

13 June 2022

New ADB country director arrives in Turkmenistan

ADB's new country director for Turkmenistan, Artur Andrysiak, has arrived in Ashgabat following his appointment. Andrysiak will oversee ADB’s local operations...

13 June 2022
in
Finance and other

NIB launches second GBP benchmark of 2022

The Nordic Investment Bank has priced a four-year £350 million (about $428 million) benchmark bond. The transaction is the bank’s second GBP denominated...

10 June 2022
in
Renewable energy

Ghana seals funds for mini-grids and solar PV projects

The government of Ghana has signed a grant agreement with the African Development Fund, and a financing deal with the government of Switzerland, for the Ghana Mini Grid...