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26 May 2020
in
Renewable energy, Traditional energy

African Development Fund helps finance Sahofika hydropower project

The African Development Fund (AFD) has approved a €4.02 million loan with a grant component to finance the Government of Madagascar’s €30 million equity...

26 May 2020

Garanti BBVA signs first ESG-linked syndicated facility

Turkey's Garanti BBVA has rolled over the syndicated loan it received from international markets and signed loan agreements totalling about $700 million. Both the...

26 May 2020

EBRD agrees €40m Serbian SME financing to Eurobank

Small and medium-sized enterprises in Serbia will benefit from better access to finance thanks to a €40 million loan provided by the European Bank for Reconstruction...

26 May 2020

IDB Invest agrees credit line to Colombia's Bancoldex

IDB Invest has issued a COP2.3 billion ($612 million) 13-month Standby Letter of Credit to Colombia's Bancoldex.The deal aims to provide access to financing to seven...

26 May 2020

BSTDB, OeEB agree €30m financing deal

The Black Sea Trade and Development Bank (BSTDB) has signed a €30 million deal with the Development Bank of Austria (OeEB) aimed to finance private sector projects...

26 May 2020

AfDB agrees €188m loan to help Kenya's COVID-19 fight

The African Development Bank has approved a €188 million loan to support the Government of Kenya’s efforts to respond to the COVID-19 pandemic and mitigate the...

22 May 2020
in
Renewable energy

Engie’s Grand Bara solar project approved by Djibouti

The Djiboutian government has approved and validated the €360 million Grand Bara solar photovoltaic power project.The plant will be developed, built and operated by...

22 May 2020

CAF sets up social bonds in euros

Latin American development bank CAF is holding calls with investors and setting up a benchmark-sized sale of social bonds denominated in euros, a source said.The lender...

22 May 2020
in
Social infrastructure, Waste and water

World Bank supports Belarus’ COVID-19 response with €90m financing

The World Bank has approved a €90 million package to help Belarus respond to the COVID-19 pandemic by strengthening the country’s national healthcare...

22 May 2020
in
Agriculture/food chain

EBRD helps Turkish pulses producer Yayla meet rising demand

The European Bank for Reconstruction and Development has agreed a €25 million working capital loan to Turkey's Yayla Agro to allow it to increase its production...

22 May 2020

IFC provides $116.5m financing to BBVA Leasing Mexico

The International Finance Corporation has agreed a $116.5 million long-term financing package to BBVA Leasing Mexico, a provider of vehicle and machinery leases. The...

22 May 2020
in
Social infrastructure

AIIB, World Bank agree financing to Georgia amid COVID-19 crisis

The Asian Infrastructure Investment Bank has agreed a €91.34 million (about $100 million equivalent) in support of an emergency project to help Georgia deal with the...

22 May 2020
in
Social infrastructure, Waste and water

World Bank finances Caldwell hospital expansion in Liberia

The World Bank has approved a $54 million International Development Association credit to improve health service delivery to women, children, and adolescents in...

21 May 2020
in
Waste and water

EBRD invests in water and sanitation services in Smolyan, Bulgaria

The European Bank for Reconstruction and Development has agreed a €5.8 million loan to the Smolyan Water Supply and Sanitation Company in Bulgaria for a project to...

21 May 2020

South Korea, CABEI sign $50m Trust Fund deal

The Central American Bank for Economic Integration and South Korea have signed a $50 million grant agreement for non-reimbursable financial cooperation to be channeled...

21 May 2020

World Bank backs $274m syndicated loan to Montenegro

Montenegro has received a €250 million ($274 million) syndicated loan from commercial banks to cover budget expenditures related to the measures adopted to limit the...

21 May 2020

World Bank approves $1bn financing for Kenya

The World Bank has approved a $1 billion budget support operation for Kenya, which helps close the fiscal financing gap, while supporting reforms that help advance the...

21 May 2020

NADB raises $352m through Swiss franc green bond sale

The North American Development Bank has raised CHF340 million ($352 million) from a two-part bond deal in the Swiss bond market as part of a liability management...

21 May 2020

SDGs and Paris Agreement can guide recovery from COVID-19, says ADB report

The Asian Development Bank, alongside the United Nations Economic and Social Commission for Asia and the Pacific, and United Nations Development Programme have jointly...

21 May 2020

$55m EBRD loan to Garanti BBVA will boost Turkish SMEs

The European Bank for Reconstruction and Development has agreed a $55 million loan to Turkish lender Garanti BBVA. The EBRD financing, which will be channelled...