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07 October 2021

Africa’s free-trade area to get $7bn in support from AfDB

The African Development Bank said it will support trade valued at $7 billion over the next five years in a bid to spur the growth of the world’s biggest free-trade...

07 October 2021

EU gears up to become world’s largest green bond issuer

The European Commission has adopted a new framework aimed at reassuring investors of the environmental credentials of its upcoming €250bn green bonds programme.

07 October 2021

Afreximbank establishes fund with Gateway Partners

The African Export-Import Bank has announced that the Fund for Export Development in Africa, its development impact-oriented subsidiary, has entered into a Joint Venture...

07 October 2021
in
Renewable energy

Bulgarian Development Bank to fund small PV plants

The Bulgarian Development Bank has agreed to finance the construction of photovoltaic plants for the needs of local businesses.The new financial product will be launched...

07 October 2021
in
Mining

EDB lends RUB3bn to copper producer UMMC

The Eurasian Development Bank has agreed financing of RUB3 billion ($41.5 million) to copper producer Ural Mining and Metallurgical Company as part of a syndicated loan...

07 October 2021

EIB, Rabobank provide €500m extra funding for sustainable entrepreneurs

Dutch lender Rabobank and the European Investment Bank are launching the sixth in their series of “impact loans” to support sustainable entrepreneurship in...

06 October 2021
in
Renewable energy, Traditional energy

Further details emerge on CEOG financing

Further details have surfaced on the project financing of the West Guiana Power Plant (CEOG) in French Guiana. Sponsored by Meridiam (60%), Hydrogene de France (HDF)...

06 October 2021
in
Traditional energy

APICORP raises $750m through debut green bonds

The Arab Petroleum Investments Corporation (APICORP) has raised $750 million from its debut green bonds. The US-denominated five-year benchmark issuance, the first green...

06 October 2021
in
IT and telecoms

NIB finances first major orbital launch site in continental Europe

The Nordic Investment Bank and the Swedish Space Corporation (SSC) have signed a €12 million (about $13.9 million) loan agreement for the final construction of a new...

06 October 2021
in
Agriculture/food chain

Origo Commodities to raise $20m from DFC

Indian agri-tech company Origo Commodities will raise $20 million (Rs145 crore) from US International Development Finance Corporation. The Gurugram-based firm said the...

06 October 2021
in
Social infrastructure

UBS clients raise $650m for biggest biotech impact fund

UBS's wealthy clients have raised $650 million for the biggest biotechnology impact fund ever. The Oncology Impact Fund 2, run by biotechnology investment firm MPM...

06 October 2021
in
Renewable energy

A.P. Moller Capital seals Cabeolica stake from AFC

A.P. Moller Capital has, through the Africa Infrastructure Fund, completed the acquisition of a 44% stake in Cape Verdean wind energy producer Cabeolica from Africa...

06 October 2021
in
Traditional energy

JICA finances Iraq refinery upgrade project

The Japan International Cooperation Agency is providing an ODA loan of up to JPY32,700 million for the Basrah Refinery Upgrading Project (III) in Iraq.This project will...

06 October 2021
in
Social infrastructure

EBRD provides new €23.5m loan to Moldovan Railways

The European Bank for Reconstruction and Development is providing Moldova’s national railway operator Calea Ferată din Moldova with an additional €23.5 million...

06 October 2021
in
Mining, Traditional energy

Australia urged to support ADB plan to end fossil fuel financing

The Australian government is being urged to support an end to the financing of fossil fuel projects as the Asian Development Bank prepares to signs off on a new energy...

06 October 2021

CDC commits $100m to African Development Partners III

CDC, the UK’s development finance institution and impact investor, has announced a $100 million commitment to African Development Partners III, the Fund advised by...

06 October 2021

Co-Impact Fund to advance gender equality and women's leadership

Co-Impact, a global philanthropic collaborative, has reiterated its commitment to raising and deploying $1 billion through its Gender Fund to initiatives working to...

06 October 2021

IADB supports Amazon region’s sustainable growth

The Inter-American Development Bank has approved a $20 million loan and $2 million in nonreimbursable investment financing from the France-IDB Natural Capital Lab Trust...

06 October 2021

EIB boosts Slovenian SMEs with €30m funding

The European Investment Bank will provide €30 million (about $34.6 million) to the Slovenian Regional Development Fund and contribute to the creation of a new credit...

05 October 2021

Africa50 launches new African infra fund

Africa50 has launched the Africa50 Infrastructure Acceleration Fund. The new fund will be led by Vincent Le Guennou and is looking at raising $500 million in multiple...