04 December 2023
EIB’s EU for Ukraine Fund finances its first project
The EU for Ukraine Fund managed by the EIB hosted its initial Contributors’ Committee meeting, with Member States greenlighting the fund’s first project...
The EU for Ukraine Fund managed by the EIB hosted its initial Contributors’ Committee meeting, with Member States greenlighting the fund’s first project...
The Emerging Market Climate Action Fund (EMCAF), initiated by the EIB and Allianz Global Investors, has secured new capital commitments. The United Kingdom Foreign,...
IDB Invest and DFC are co-investing a combined $23 million in equity in the micro-mobility platform Tembici, to support the expansion of bicycle-sharing services in Latin...
Gisela Sanchez Maroto has began her five-year term as executive president of the Central American Bank for Economic Integration. She becomes the first woman president of...
The African Development Bank Group has approved a loan of $252.83 million to Uganda to fund the construction of the Laropi-Moyo-Afoji and Katuna-Muko-Kamuganguzi road.The...
IFC is partnering with Al Baraka Bank Egypt to increase access to finance for MSMEs in Egypt, including women-owned businesses, helping catalyse economic activity and job...
In response to the alarming decline in global climate finance for adaptation efforts, the IFAD and partners have unveiled the Africa Rural Climate Adaptation Finance...
A new €100 million ($109.2 million) climate finance initiative is set to enhance the climate resilience of farmers and agricultural businesses in Rwanda, providing...
At the COP28 UN climate summit in Dubai, the US has announced a contribution of $50 million to the Vision for Adapted Crops and Soils (VACS) initiative. The multi-donor...
The AIIB has formalized a strategic collaboration by signing a MoU with FONPLATA. The MOU, inked during COP28 in Dubai, signifies a commitment to strengthen collaboration...
The AIIB and the Food and Agriculture Organization (FAO) of the UN have formalized their partnership through a MoU. This collaboration aims to assist countries in...
EIB Global, the arm of the EIB for activities outside the European Union, has signed a Joint Declaration on the Just Transition Investment Platform for North...
The world's top multilateral development banks are set to launch a global "task force" at the COP28 climate summit in the coming days to scale up the number...
InfraZamin Pakistan, in collaboration with Kashf Foundation, has closed South Asia and Pakistan’s first-ever gender bond. This landmark initiative signifies a step...
Agence Francaise de Developpement will release €80 million to Credit agricole du Maroc to promote sustainability and climate resilience in Morocco’s...
The newly established Dhamana Guarantee Company is expected to seal a $10 million equity commitment from AfDB and $15 million from InfraCo Africa in Q1 2024.The company...
The AfDB has provided financial support of €73.44 million ($80.6 million) to Cameroon for the construction of a bridge over the River Ntem. The bridge is part of the...
British International Investment (BII) has signed a ZAR125 million ($6.6 million) investment in two wind farms in South Africa. The investment is part of BII's...
The EBRD, with support from the EU and Sweden, is extending a $10 million loan to Acba Bank in Armenia to enhance financing for SMEs led by women. The funding, part of...
The Public Development Banks of the Green Coalition aim to mobilize resources between $10 billion and $20 billion by creating a sustainable development platform. These...