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23 October 2020
in
Social infrastructure

Malaysia's AirAsia secures $72m loan from Sabah Development Bank

Malaysia’s AirAsia Group has approved and disbursed a MYR300 million ($72 million) loan from Sabah Development Bank Berhad to its units as part of the group’s...

23 October 2020

EIB helps finance upgrade to Kryvyi Rih municipal heating system

The European Investment Bank will support the upgrade of the municipal district heating system in the Ukrainian city of Kryvyi Rih with a €31.6 million loan,...

23 October 2020
in
Manufacturing

EBRD and Khan Bank support Mongolian heavy machinery supplier

The European Bank for Reconstruction and Development (EBRD) and Mongolian lender Khan Bank are supporting the operations of the country's leading dealer in heavy duty...

23 October 2020
in
Renewable energy

Atlas seals DFI-backed solar project financing

Atlas Renewable Energy closed an 18-year-and-eight-month $67.2 million-equivalent DFI-backed loan to finance the expansion of its 187MW Juazeiro solar project in Brazil...

23 October 2020

Vietnam signs landmark carbon emissions deal with World Bank

Vietnam has signed a landmark deal with the World Bank’s Forest Carbon Partnership Facility (FCPF), unlocking up to $51.5 million for the country's efforts to...

23 October 2020

EBRD finances Dnipro public buildings energy efficiency project

The energy efficiency of public buildings in the central Ukrainian city of Dnipro will be improved thanks to a €25 million loan by the European Bank for...

23 October 2020

BOAD seals €30m private sector deal with Development Bank of Austria

The West African Development Bank (BOAD) and the Development Bank of Austria (OeEB) have signed a deal to inject €30 million (about $35.5 million) into the West...

23 October 2020

EIB issues €190m support for Romanian companies hit by COVID-19

Hundreds of companies across Romania will benefit from €190 million of new private sector European Investment Bank financing to support industries most impacted by...

23 October 2020

IFC’s $35m investment in Prime Bank boosts Bangladesh SMEs

The International Finance Corporation is investing in Bangladesh's Prime Bank Limited to support SMEs and companies affected by the COVID-19 pandemic. The $35...

23 October 2020
in
Traditional energy

APICORP raises additional $250m from existing bonds

The Arab Petroleum Investments Corporation (APICORP) has raised $250 million through the reopening of existing bonds. Sold at 90 basis points over mid-swaps —...

23 October 2020
in
Social infrastructure

EIB finances construction of three Navy hydro- oceanographic vessels

The European Investment Bank has agreed a loan of €220 million to the Italian Ministry of Defence to finance the construction of three Navy hydro- oceanographic...

22 October 2020
in
Mining

KEFI set to seal $221m funding for Tulu Kapi Gold Project

KEFI Gold and Copper has announced that it has assembled the full consortium and set the conditional terms for the independently reviewed development funding package of...

22 October 2020

EBRD increases trade finance support in Tunisia

The European Bank for Reconstruction and Development is stepping up its efforts to support the Tunisian economy by increasing an existing trade finance limit for Banque...

22 October 2020

MCC and Africa50 unveil new global investment platform

Africa50 and the Millennium Challenge Corporation have signed a Memorandum of Understanding to develop and launch the Millennium Impact for Infrastructure Accelerator...

22 October 2020
in
Renewable energy

World Bank seeks consulting firms for floating solar project in Odisha

The World Bank is inviting expressions of interest seeking consulting firms to help it explore the potential of a floating solar project in Odisha, India.The project...

22 October 2020
in
Waste and water

EBRD releases new funds to complete overhaul of Shymkent water utility

The European Bank for Reconstruction and Development has released fresh funds to complete the refurbishment of water and wastewater facilities in Shymkent,...

22 October 2020

KDB sells $1bn dual-tranche global bonds to fund COVID-19 corporate relief

The Korea Development Bank has raised $1 billion in dual-tranche global bonds to fund COVID-19 corporate relief programs on favourable borrowing conditions amid still-hot...

22 October 2020
in
Renewable energy

EIB and LBBW finance four Polish wind farms with 102.5MW capacity

The European Investment Bank and Germany's LBBW are providing PLN184 million (about €42 million) each to finance the construction and operation of four wind...

22 October 2020

EIB, Erste Bank Serbia signed €30m loan to help SMEs hit by COVID-19

The European Investment Bank and Serbia's Erste Bank AD Novi Sad (EBS) have agreed on a €30 million loan to boost SMEs and mid-caps in Serbia hit by COVID-19.The...

22 October 2020

Bulgarian Development Bank could extend COVID-19 help to larger companies

Bulgaria's economy ministry has suggested to the government to include bigger companies in the loan guarantee scheme of the country's development bank for...