Joost Oorthuizen will become Chief Executive Officer of Invest International, a new state-owned company in which the Dutch government and development bank FMO will become...
The Black Sea Trade and Development Bank (BSTDB) has disbursed close to RUB6 billion under a revolving trade finance facility signed with Sovcombank.The financing will...
The World Bank has approved a grant of $130.8 million from the International Development Association (IDA) to finance the Uganda Roads and Bridges in the Refugee Hosting...
The Korea Development Bank has announced that its chairman Lee Dong-gull has been named to lead the policy lender for another three years. Lee's second term,...
The World Bank has priced a $1.5 billion five-year benchmark bond linked to the Secured Overnight Financing Rate (SOFR) index. It is the largest SOFR Index-linked bond...
The Asian Development Bank has appointed Takeo Konishi as its new Country Director for India.Konishi succeeds Kenichi Yokoyama, who has taken over as Director General of...
The Inter-American Development Bank has approved a $215 million loan for a road infrastructure project on National Route PY12 in Paraguay. The loan is for a 25-year term,...
Brazilian development bank BNDES has hired Banco Bradesco BBI to coordinate a potential secondary offering of up to 214 million local bonds of miner Vale. Banco Citibank,...
The Asian Infrastructure Investment Bank (AIIB) has approved a $40 million loan for the $151.13 million Greater Malé Waste-to-Energy Project in the Maldives.The...
Mauricio Claver-Carone has been elected as president of the Inter-American Development Bank (IADB). He becomes the first US citizen to lead the bank and will take office...
Impact investment platform Bamboo Capital Partners and Palladium, a global impact advisory and management firm, have signed a long-term strategic partnership to mobilise...
The EIB will lend €500 million to the Lazio region in Italy to back SMEs, mid-caps, infrastructure, and the area in its post Covid-19 recovery.The first operation...
A KRW2.5 trillion ($2.1 billion) sale of troubled Asiana Airlines to an HDC Hyundai Development-led consortium has failed. Asiana reported operating losses of KRW268...
Asian Development Bank’s (ADB) Trade and Supply Chain Finance Program, in partnership with Standard Chartered Bank Thailand and the Bank for Investment and...
The African Development Bank (AfDB) has approved $27.33 million in grants to boost the African Union’s (AU) efforts to mobilise a continental response to the...
Development Bank of Belarus and the Belarusian Innovation Fund have signed a cooperation agreement. The pair have implemented and co-financed joint projects in the past,...
Asian Development Bank (ADB) has approved a $127.8 million loan for Cambodia’s Grid Reinforcement Project. The debt will enable state-owned Electricite du Cambodge...
The Almaty Ring Road (BAKAD) PPP financing is a major DFI-backed achievement for Kazakhstan. But are estimations of its impact, beyond meeting the project’s immediate...
The Asian Development Bank and the ENGIE group signed a long-term loan of up to INR4.66 billion (about $65.5 million) to construct and operate a 200MW alternating current...
The Central American Bank for Economic Integration (CABEI) and the Central Bank of Nicaragua have agreed the eleventh renewal of a credit line for $200 million...