Kasada Capital Management says the International Finance Corporation will form a partnership with Kasada Hospitality Fund LP by providing senior loan financing for its...

The Emerging Africa Infrastructure Fund is lending €25 million over 18 years to Ivoire Hydro Energy (IHE), which will build a 44MW hydro electricity generation plant...

The World Bank and the COVAX global vaccine distribution program have unveiled a financing mechanism to speed the supply of doses to developing countries, where COVID-19...

IDB Invest has provided a $35 million equity investment to the BlueOrchard Covid-19 Emerging and Frontier Markets MSME Support Fund SCSp SICAV-RAIF, a move that seeks to...

New global impact investment firm TwinRiver Capital has launched in Toronto and Boston. TwinRiver will source investment opportunities in critical areas such as health,...

The European Investment Bank has approved €10.2 billion of new financing to support business investment and strengthen economic resilience to COVID-19, accelerate...

Tens of thousands of jobs are expected to be created over the next seven years through a new social bond to be issued by one of the Philippines' leading banks to help...

The Philippine government held successful biddings for civil works contracts for a combined 40.5km of viaduct structures for the South Commuter Railway Project, a major...

The Asian Development Bank has signed a $50 million (in Chinese yuan equivalent) loan agreement with Henan Tian Lun Gas Group Limited (HTL) to provide last-mile natural...

Incofin IM has reached first close on its India Progress Fund (IPF) at INR4.5 billion ($60 million). The fund will make private equity investments in the agri food value...

Asian Infrastructure Investment Bank (AIIB) has announced changes to its senior management team.Effective 1 August 2021, Joachim von Amsberg will step down as vice...

Off grid solar electricity access solutions provider MyJouleBox has raised €3 million to fuel its expansion into four countries in West Africa.The funds come from...

AVG Group – which manages the Nordic ESG and Impact Fund SCSp – has made an undisclosed investment in Norwegian renewables developer GreenStat. The two...

African Development Bank (AfDB) has priced a $2.75 billion five-year global benchmark bond due 22 July 2026 at a 0.875% coupon.The bond is the bank’s second issue...

DFIs have reacted quickly and strongly to the short-term fall-out from Covid-19 on Africa – arguably quicker and more strongly than many governments. But the longer term...

John Hancock Investment Management has launched the John Hancock Global Environmental Opportunities Fund, sub-advised by Pictet Asset Management.The new green impact fund...

AfDB is providing the Ethiopian government with a $47 million grant for its 'Productivity Enhancement to Support Agro Industrial Parks and Youth Employment...

Asian Infrastructure Investment Bank (AIIB) has approved a $50 million loan to Enel Green Power to part fund development of a 300MW solar project in Bikaner, Rajasthan....

Asian Development Bank (ADB) has approved a $165 million loan for the Government of Nepal to fund the purchase of around 15.9 million of Covid-19 vaccine doses.The...

Sudan is planning a $640 million programme to rehabilitate its 4,725km rail system. African Development Bank (AfDB) has offered a $75 million grant towards the cost, and...