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28 October 2020

CAF, Kexim sign $200m project financing facility

The Export-Import Bank of Korea (Kexim) has granted a $200 million revolving uncommitted credit facility to CAF, the Latin American Development Bank.Projects in Latin...

28 October 2020

EBRD to help boost financial stability in Bosnia and Herzegovina

The European Bank for Reconstruction and Development (EBRD) is providing a €30 million standby credit line to the Deposit Insurance Agency of Bosnia and Herzegovina...

28 October 2020
in
IT and telecoms

CDC commits additional $40m to Liquid Telecom

CDC Group, the UK’s development finance institution, has made an additional $40 million equity investment into Liquid Telecom, Africa’s largest independent...

28 October 2020

World Bank prices €2bn 30-year sustainable development bond

The World Bank has priced a 30-year euro-denominated benchmark bond maturing in January 2051, raising €2 billion to support the financing of its sustainable...

28 October 2020

IADB president launches early push for capital increase to $20bn

Mauricio Claver-Carone, the new head of the Inter-American Development Bank, hopes to leverage concerns about Chinese lending to win the support of US lawmakers for...

27 October 2020
in
Waste and water

AFD finances Burkina Faso drinking water project

The Burkina Faso government has launched the Priority Action Program for Drinking Water in the city of Bobo-Dioulasso after securing financing of €20 million from...

27 October 2020
in
Renewable energy

More details on Zhanatas wind DFI-backed loan

Sponsors of the 100MW Zhanatas onshore wind farm in Kazakhstan – China Power International Holding (80%) and Visor Investments Cooperative (20%) – closed the...

27 October 2020
in
Mining

Adriatic Metals raises $28m to complete Vares silver project study

UK-based Adriatic Metals has entered into binding agreements for $28 million financing to complete the feasibility study of its Vares Silver Project, in Bosnia &...

27 October 2020
in
Renewable energy, Traditional energy

Empower issues EoIs for African renewables portfolio

Empower New Energy has issued expressions of interest from prospective advisory firms - for legal, technical, tax and model auditors roles - on the Oslo-based fund...

27 October 2020
in
Social infrastructure

DBSA could co-finance South Africa high-speed rail network expansion

South Africa’s only high-speed rail network is drawing up a multibillion rand plan to expand outside Johannesburg and Pretoria, joining a potential bonanza of...

27 October 2020
in
Waste and water

EIB helps finance drinking water supply projects in Tunisia

The European Investment Bank has agreed financing of €38 million to utility Sonede to fund several drinking water supply projects in Greater Tunis.Sonede will have...

27 October 2020
in
Mining

Danakali to miss out on second AFC loan for Colluli potash project

Australia-based Danakali Limited has revealed that the second tranche of a loan from the Africa Finance Corporation is likely to fall through.The company admitted it was...

27 October 2020
in
IT and telecoms

Bpifrance finances Isocel fiber-optic extension in Benin

Benin’s internet service provider Isocel has received a loan of €6 million from Bpifrance to expand its network.Isocel will extend its fiber-optic network over...

27 October 2020
in
Social infrastructure

IBRD approves 300km road improvement project in Meghalaya

The World Bank has approved a $120 million project to improve and modernize the transport sector of Meghalaya, a hill state located in the north east of India. The...

26 October 2020
in
Mining

IDC looking for Foskor partner

South African state-owned DFI Industrial Development Corporation (IDC) is to finalise a “strategic partner” for Foskor after the phosphate producing...

26 October 2020
in
Social infrastructure, Waste and water

EIB and IFD launch Portugal health investment programme

The EIB and Instituicao Financeira de Desenvolvimento (IFD) are jointly financing a €400 million investment programme aimed at upgrading infrastructure for long-term...

26 October 2020
in
Renewable energy

Atlas delays close for La Pimenta solar project loan

Atlas Renewable Energy is expected to reach full financial close for its 444MW La Pimienta solar project project in Mexico by year-end. The sponsor had initially penciled...

26 October 2020
in
Manufacturing, Traditional energy

PLN nears close on MIGA-backed green loan

Indonesia’s state-owned electricity utility PLN is nearing financial close on a $1 billion MIGA-backed green loan. Proceeds will be used by PLN to make payments...

26 October 2020
in
Mining, Renewable energy

Zhanatas Wind gets major DFI support

The EBRD, AIIB, Industrial and Commercial Bank of China (ICBC) and Green Climate Fund (GCF) are providing around $94 million of debt for the Zhanatas wind project in...

23 October 2020
in
Social infrastructure

AIIB agrees $300m equivalent loan to Russian Railways

The Asian Infrastructure Investment Bank is extending financing to Russian Railways (RZD) in the local currency equivalent of $300 million. RZD owns and operates...