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22 June 2022
in
Social infrastructure

IFC helps finance rollout of electric motorbikes

Mobility start-up Gozem will deploy a fleet of 6,000 electric motorbikes by 2023 in Togo and Benin with $10 million of funding by the IFC.West Africa is experiencing...

22 June 2022
in
Climate finance, Waste and water

EIB, EC support water management, clean oceans

The EIB and the European Commission are finalising the terms of a contribution agreement for a Caribbean Investment Facility envelope of €17.6 million to support the...

21 June 2022

NDB names new leader of Gift City regional office

The New Development Bank has appointed former bureaucrat Dr D J Pandian as the Director-General of its India Regional Office in Gujarat International Finance Tec-City...

21 June 2022
in
Climate finance

ADB supports launch of AVPN's Sustainability Seed Fund

AVPN has launched the APAC Sustainability Seed Fund in a bid to mitigate the effects of climate change.This $3 million fund has been made possible through the support of...

21 June 2022
in
Waste and water

Tanzania water supply project receives AFD financing

The government of Tanzania and Agence Francaise de Developpement have agreed a €75 million (about $79 million) concessional loan aimed at improving water supply and...

21 June 2022
in
Social infrastructure

CABEI and Germany support sustainable urban mobility

CABEI and Germany have signed a financial cooperation agreement for up to €132 million (about $139.5 million) to promote Sustainable Urban Mobility projects in...

21 June 2022

New AfDB role for Simon Mizrahi

AfDB has appointed Simon Mizrahi as Acting Vice President, Technology and Corporate Services Complex.Mizrahi is currently the Director for Delivery, Performance...

21 June 2022
in
Social infrastructure

CABEI financing aims to cut housing deficit in El Salvador

CABEI has made a third disbursement of $10 million of the total $50 million in order to achieve the goal of reducing the quantitative housing deficit in El Salvador by...

21 June 2022
in
IT and telecoms, Renewable energy, Social infrastructure

DFC and 3SIIF agree term sheet for up to $300m in financing

DFC and the Three Seas Initiative Investment Fund (3SIIF) have agreed to a term sheet that will form the basis of an agreement under which DFC will provide up to $300...

21 June 2022
in
Waste and water

World Bank issues $220m for Madagascar water, sanitation project

The government of Madagascar and the World Bank have signed a $220 million National Water Project financing. The project seeks to increase access to water services...

21 June 2022
in
IT and telecoms

EIB and G+D Ventures to invest in cybersecurity and trust tech start-ups

The EIB and G+D Ventures, the venture capital arm of the Munich-based global security group G+D, will invest €25 million (about $26.4 million) each into a new...

21 June 2022
in
Waste and water

KfW, EU finance sewage plant in Rwanda

The EU and Germany's KfW are financing the construction of a sewage sludge treatment plant in the city of Kigali, Rwanda.Rwandan water and sanitation company WASAC...

20 June 2022
in
Renewable energy

Mirova seals deal for clean energy group SunFunder

Mirova has announced the acquisition of SunFunder, a specialist in emerging market clean energy and climate investment.Mirova and SunFunder’s first objective is to...

20 June 2022

ADB hires Warren Evans as Climate Change Special Senior Advisor

ADB has appointed Warren Evans as Special Senior Advisor (Climate Change), Office of the President.Evans will function as a climate envoy and provide broad oversight and...

20 June 2022
in
Social projects

USAID provides more humanitarian assistance to Ukraine

The US, through USAID, is providing more than $225 million in additional humanitarian assistance to Ukraine amid Russia’s unprovoked war.The additional funding will...

20 June 2022
in
Social infrastructure

KfW issues €500m for Bengaluru rail project

KfW has committed to fund €500 million (Rs4,000 crore, about $527 million) for the Bengaluru Suburban Rail Project. France's AFD is also set to support the...

20 June 2022

Dunas holds first close of Absolute Impact FCR

Dunas Capital has completed the first closing of its Dunas Absolute Impact FCR impact fund, with almost €10 million (about $10.5 million) in capital commitments,...

20 June 2022
in
Renewable energy

IADB funds Guyana energy matrix diversification

Guyana will boost its energy matrix diversification by promoting climate-resilient renewable energy sources use in electricity generation to avoid deforestation and...

20 June 2022

Afreximbank appoints new exec VP, Intra-African Trade Bank

Afreximbank has appointed Kanayo Awani as Executive Vice President of the Intra-African Trade Bank, with effect from July 1, 2022. Previously, Awani was Director of...

20 June 2022
in
Agriculture/food chain

EBRD lends €24m to Ukraine’s agribusiness company MHP

The EBRD is extending €24 million (about $25.2 million) to its agribusiness client in Ukraine, MHP. The financing will provide MHP with working capital to support...