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23 September 2020

City Climate Finance Gap Fund launched by World Bank, EIB

The City Climate Finance Gap Fund has been launched with the aim of unlocking at least €4 billion of investment in climate smart projects and urban climate...

23 September 2020

ADB lending to Indonesia to hit $10.7bn under 5-yr plan

The Asian Development Bank has endorsed its 2020–2024 country partnership strategy for Indonesia.ADB says its operations will support Indonesia’s inclusive...

23 September 2020
in
Agriculture/food chain

DEG finances peanut processor in Nicaragua

Deutsche Investitions- und Entwicklungsgesellschaft (DEG) has agreed a long-term loan of $20 million to Comercializadora de Mani, a peanut-processing company in...

23 September 2020

NDB prices $2bn COVID-19 benchmark bond

The New Development Bank has priced its $2 billion, five-year COVID Response Bond in the international capital markets. This is the NDB’s largest-ever USD benchmark...

23 September 2020
in
Renewable energy

CDC makes joint financing to Greenlight Planet’s solar business

CDC Group, the UK’s development finance institution, has announced a joint commitment of $90 million in partnership with investors to Greenlight Planet, a provider...

23 September 2020
in
Social infrastructure, Waste and water

IsDB approves $320m financing for water, sanitation, road, health projects

The Islamic Development Bank (IsDB) has approved $320.56 million in financing to new development projects in water and sanitation, health, roads and women empowerment in...

23 September 2020
in
Renewable energy

BNDES raises $100m from JBIC to finance wind farms

Brazilian development bank BNDES has secured a $100 million loan from the Japan Bank for International Cooperation. The funds raised will leverage support for the...

22 September 2020

Hellenic Development Bank set to unveil €3bn working capital financing

The Hellenic Development Bank is set to issue an invitation to banks to participate in the second phase of a scheme to unleash €3 billion in working capital for...

22 September 2020

Africa needs urgent trade finance boost in the wake of COVID-19, says report

There is an urgent need for financing to reenergize Africa’s trade in the wake of the COVID-19 pandemic, according to the latest trade finance report released by...

22 September 2020

BSTDB increases Ukraine project financing to €198m

The volume of financing projects of the Black Sea Trade and Development Bank (BSTDB) in Ukraine in the first half of 2020 increased by €34.17 million, or 20.8%, to...

22 September 2020
in
Social infrastructure

IADB agrees $100m loan to boost Jamaican healthcare

The Inter-American Development Bank has approved a policy-based loan of $100 million to support the strengthening of Jamaica’s health systems to better prevent and...

22 September 2020
in
Renewable energy

Ireland to receive €1bn EIB support in 2020

The European Investment Bank expects to provide more than €1 billion to support new COVID-19 and Brexit business financing programmes, climate action, and education...

22 September 2020
in
Traditional energy

Bulgartransgaz borrows €455m to finance key projects

Bulgarian state-owned gas transmission system operator Bulgartransgaz has borrowed a total of €455 million ($539 million) under eight loan agreements, and is...

22 September 2020

CABEI, Costa Rica sign $300m credit to form National Guarantee Fund

The Central American Bank for Economic Integration (CABEI) and the Costa Rican government have signed a $300 million credit that will serve as the basis for the creation...

21 September 2020
in
Renewable energy, Traditional energy

Myanmar's Middle Yeywa hydro PPP feasibility study underway

Norway-based SN Power is conducting feasibility studies for the $705 million 735MW Middle Yeywa hydropower PPP in Myanmar, with more activity expected in the coming...

21 September 2020

EIB to halt lending to Belarus amid Lukashenko unrest

The European Investment Bank - the European Union’s lending arm - is to stop funding new projects in Belarus as part of the bloc’s response to the disputed...

21 September 2020

CAF upsizes dollar bond sale to $750m

Latin American development bank CAF has sold $750 million worth of five-year bonds, increasing the size of the deal after receiving strong demand for the paper.The...

21 September 2020

COFIDE, KfW agree €250m COVID-19 loan

Peru's COFIDE and Germany's KfW have signed a €250 million loan deal (about $296 million) to support micro, small and medium-sized enterprises affected by...

21 September 2020
in
Traditional energy

International lenders 'back $9.5bn financing for Russia's Arctic LNG 2'

International lenders have lined up about $9.5 billion in financial support for Russia's Arctic LNG 2 project, even as such projects come under greater scrutiny over...

21 September 2020
in
IT and telecoms

IDB Invest finances Ecuadorian telecoms project

IDB Invest has agreed an $80 million loan to Phoenix Tower International (PTI) to foster the independent market for telecommunications infrastructure in Ecuador and...