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30 October 2020
in
IT and telecoms, Traditional energy

DFC announces support for Indo-Pacific projects

The US International Development Finance Corporation has unveiled new plans to support investments in multiple countries across the Indo-Pacific region, including...

30 October 2020
in
Renewable energy, Traditional energy

ADB ramps up support for renewable energy in Maldives

The Asian Development Bank has approved a $7.74 million concessional loan and a $2.73 million project grant to scale up an ongoing renewable energy project in...

30 October 2020
in
Waste and water

OPEC Fund helps finance clean drinking water project in Lesotho

The OPEC Fund for International Development has signed a $30 million loan agreement with Lesotho to finance clean drinking water and improve health and living conditions...

30 October 2020
in
Social infrastructure

ADB, JICA finance road and bridge project in Myanmar

The Asian Development Bank has approved a $483.8 million loan to build a 64km expressway connecting the capital of Bago region and the township of Kyaikto in Mon state,...

30 October 2020

Bulgarian Development Bank extends COVID-19 support for SMEs

The Bulgarian Development Bank (BDB) is expanding the scope and extending the application deadline of its loan guarantee scheme for liquidity support to SMEs hit by the...

30 October 2020

IADB launches $500m SOFR Index-linked global bond

The Inter-American Development Bank has priced a new $500 million long four-year benchmark bond linked to the Secured Overnight Financing rate index.Joint lead managers...

29 October 2020

Without the EIB, the UK could reset rules on infrastructure projects

Infrastructure is just one of the many areas that are currently tied up in the UK's relationship with the European Union.It’s difficult to see, for example, how...

29 October 2020
in
Social infrastructure

Anti-corruption probe launched into AirAsia development bank loan

The Malaysian Anti-Corruption Commission is investigating a MYR300 million ($72.1 million) loan from Malaysia's Sabah Development Bank to the country's AirAsia...

29 October 2020
in
Social infrastructure

EBRD mulls €85m loan to support concession of Sofia Airport

The European Bank for Reconstruction and Development is considering providing a project finance loan of up to €85 million ($100 million) to support the concession of...

29 October 2020
in
Waste and water

ADB agrees extra financing for Afghanistan river basin project

The Asian Development Bank has approved an $18.28 million grant as additional financing for a project that aims to enhance agricultural productivity in northeast...

29 October 2020
in
Manufacturing, Traditional energy

World Bank sanctions Chinese companies over project fraud

The World Bank has announced 18-month sanctions against China National Electric Engineering Company (CNEEC) and its wholly owned subsidiary, China Electric Design and...

29 October 2020
in
Mining

DFC may finance Lepidico's Karibib Phase 1 project

Australia-based Lepidico has entered into a formal mandate with the US International Development Finance Corporation (DFC) to undertake an in-depth analysis and...

29 October 2020

AfDB appoints Lamin Barrow to Nigeria senior director role

The African Development Bank has appointed Lamin Barrow as Acting Senior Director – Nigeria Country Office, effective 1 November.Barrow, a Gambian national, joined...

29 October 2020
in
Renewable energy, Traditional energy

IADB finances refit of Honduras hydroelectric dam

The Inter-American Development Bank (IADB) has approved an $18 million loan to help Honduras refit the Francisco Morazán hydroelectric dam and boost the...

28 October 2020

IADB helps finance MSMEs in Espírito Santo state during COVID-19

The Brazilian state of Espírito Santo will support the financial sustainability of micro, small and medium-sized enterprises against the COVID-19 crisis with a $30...

28 October 2020
in
Social infrastructure

IsDB to help finance 100km road improvement project in Uganda

Uganda has commissioned multi-billion road works for the construction of the 100km Rwekunyu-Apac-Lira-Puranga road. The project, which is being part-funded by the...

28 October 2020

Zambia wins deferral on China Development Bank loan repayments

Zambia has reached a deal to defer debt repayments that were due this month on a loan from the China Development Bank.Zambia’s government did not give the size of...

28 October 2020

ADB urged to increase upstream engagements in PPPs

The Asian Development Bank needs to develop a strategic approach toward supporting public–private partnerships - with a focus on upstream engagements - to address...

28 October 2020

Janine Ferretti hired as VP, Compliance Advisor Ombudsman for IFC and MIGA

Janine Ferretti has been appointed as the new Vice President for the Office of Compliance Advisor Ombudsman, the independent accountability mechanism for projects...

28 October 2020

Proparco financing boosts SMEs in rural Sri Lanka

France's Proparco has allocated a $60 million credit line to Hatton National Bank to finance loans for small and medium-sized enterprises in Sri Lanka. At least half...