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16 March 2018

EIB agrees €8bn financing for 34 projects across the globe

The European Investment Bank has approved a total of €8 billion of new financing for 34 projects in the European Union, Africa, Asia and Latin America. It includes...

16 March 2018
in
Renewable energy

Alten completes financing of Hardap solar project in Namibia

Alten Energias Renovables has completed financing for its $70 million 45.5MWp Alten Hardap solar project in the Mariental municipality of Namibia....

16 March 2018

EBRD issues first trade finance line in Lebanon

The European Bank for Reconstruction and Development is supporting the expansion of international trade in Lebanon for the first time with a $50 million trade finance...

16 March 2018

Caribbean Development Bank to open first office in Haiti

The Barbados-based Caribbean Development Bank will establish its first country office in Haiti later this year. The country became a member of the bank in 2007. To date,...

16 March 2018

IFC, Credit Agricole CIB seal $2bn Synthetic Risk Transfer

The International Finance Corporation and Credit Agricole CIB have closed a Synthetic Risk Transfer transaction that will allow the bank to expand its trade finance...

15 March 2018

TXF Development and Agency Finance: Book your Early Bird tickets now

The Early Bird Discount of our upcoming TXF Development and Agency Finance conference, taking place in Washington on 18 April, 2018, is expiring this Friday so don't...

15 March 2018

ECCB to pilot blockchain tech for KYC, AML with Bitt

The Eastern Caribbean Central Bank (ECCB) and Barbados-based fintech group Bitt are planning to conduct a fintech pilot using blockchain technologies in the ECCB eight...

15 March 2018

CAF approves $300m loan to boost Trinidad and Tobago fiscal sustainability

The Development Bank of Latin America (CAF) has agreed a $300 million loan to Trinidad and Tobago to support public policy reforms aimed at strengthening fiscal...

15 March 2018

AfDB Economic Outlook shows decline in regional economies

The African Development Bank has expanded its flagship publication, the African Economic Outlook, with five regional reports: North Africa, West Africa, Central Africa,...

15 March 2018
in
Social infrastructure

NIB finances new motorway connection in western Norway

Nordic Investment Bank and the Norwegian toll-road operator Bergen-Os Bompengeselskap have signed a €156.7 million, 21-year loan for the construction of a new...

15 March 2018

Jamaica Exim and DBJ expand offerings to SMEs

The Development Bank of Jamaica (DBJ) and the National Export-Import Bank of Jamaica (Jamaica Exim) are to expand the provision of new financial services to the micro,...

15 March 2018
in
Social infrastructure

ADB agrees $140m loan for Pakistan road improvements

The Asian Development Bank (ADB) has agreed a $140 million loan for Khyber Pakhtunkhwa Provincial Roads Improvement Project in Pakistan. The project will seee 214km of...

14 March 2018
in
Renewable energy

IFC, MIGA, IBRD support landmark solar energy plant in Gaza

The International Finance Corporation, Multilateral Investment Guarantee Agency, and International Bank for Reconstruction and Development are supporting a $12 million...

14 March 2018

Chexim, CDB lent more to global energy projects than the World Bank

The China Development Bank and Export-Import Bank of China (Chexim) spent more money on global energy projects than the emerging markets lending arm of the World Bank,...

14 March 2018
in
Traditional energy

JBIC considers funding PetrolVietnam’s $10bn gas project

The Japan Bank for International Cooperation may fund the Block B&52/97 project of the Vietnam Oil and Gas Group (PetrolVietnam) using loans without a government...

14 March 2018

NIB finances construction of a new Norwegian dairy for Tine

Nordic Investment Bank (NIB) and the Norwegian dairy company Tine have signed a €42 million 12-year loan to finance the construction of the company's new dairy...

14 March 2018

ADB sells $3.25bn global benchmark bonds

The Asian Development Bank (ADB) returned to the US dollar bond market with the pricing of a $3.25 billion five-year global benchmark bond issue. The bond, with a coupon...

14 March 2018

ADB says $66bn to be invested in Greater Mekong Sub-region

The Greater Mekong Sub-region (GMS) is expected to receive $66 billion in investment to strengthen regional economic cooperation in the next five years - with $7 billion...

13 March 2018
in
Traditional energy

Bapco tests bank appetite for $4.2bn expansion

Bahrain Petroleum Company (Bapco) is testing bank appetite for its $4.2 billion Sitra expansion project. Financial close is expected by Q4 of 2018. The...

13 March 2018

China spending on Belt and Road energy projects drops 28% to $14bn

China's financing for Belt and Road energy projects dropped 28% to $14.3 billion last year, from $19.9 billion. The slowdown in spending came as the government...