Filter results

Search results

Show:
Results found: 16945

11 December 2020
in
Renewable energy, Traditional energy

MDBs launch first joint report on financing SDGs

Twelve multilateral development banks and the International Monetary Fund have launched a first-ever joint report on financing the Sustainable Development Goals.The...

11 December 2020
in
Renewable energy, Traditional energy

FMO supports sustainable development in Turkey with AKLease facility

Dutch development bank FMO has signed a five-year $25 million facility to AKLease - a subsidiary of AKBank - which will be used to provide financing of renewable energy...

11 December 2020
in
Social infrastructure, Waste and water

ADB, China sign Inner Mongolia border project finance loan

The Asian Development Bank and Chinese government have signed a loan deal and project agreements for the Inner Mongolia Sustainable Cross-Border Development Investment...

11 December 2020
in
Waste and water

World Bank finances Maputo Urban Transformation Project

The World Bank has approved a $100 million grant from the International Development Association in support of Maputo Urban Transformation Project, in Mozambique. The...

11 December 2020
in
Social infrastructure

NIB provides COVID-19 response l

The Nordic Investment Bank has signed a seven-year loan agreement of SEK500 million ($59.1 million) with Swedish airport operator Swedavia to cope with the challenges...

10 December 2020
in
Renewable energy

EBRD and TAQA Arabia promote private-to-private renewable energy in Egypt

The European Bank for Reconstruction and Development (EBRD) is supporting one of the first green private-to-private projects in Egypt, with an initial $4.2 million loan...

10 December 2020
in
Traditional energy

UTE GNA II LNG-to-power financing signed

The debt backing the BRL6.042 billion ($1.1 billion) UTE GNA II 1.7GW LNG-to-power project in Brazil signed on 30 November. Sponsored by Prumo Logistica (45,49%) BP...

10 December 2020

InfraCo Africa invests in InfraCredit to unlock Nigerian infrastructure finance

InfraCo Africa, part of the Private Infrastructure Development Group, has completed an equity investment of about $27 million into InfraCredit - a specialised local...

10 December 2020
in
Renewable energy, Traditional energy

Honduras hydro project financing nears close

Local developer Inversiones de Generacion Electricas (Ingelsa), controlled by manufacturing firm Hermacasa, is expected to sign a $20.25 million loan with IDB Invest to...

10 December 2020

ADB: Developing Asia to contract 0.4% in 2020, grow by 6.8% in 2021

Economic activity in developing Asia is forecast to contract by 0.4% this year, before picking up to 6.8% in 2021 as the region moves toward recovery from the effects of...

10 December 2020

World Bank Group debars Singapore's Jason Electronics

The World Bank Group has debarred Singapore-based Jason Electronics, a wholesale retailer of marine equipment, in connection with a fraudulent practice regarding the...

10 December 2020
in
Social infrastructure

Zimbabwe border project closes DFI-backed loan

The Zimborders consortium has signed a $71 million DFI-backed financing to back the Beitbridge border post upgrade PPP on Zimbabwe’s border with South Africa....

10 December 2020
in
Social infrastructure

EBRD lends Ankara's EGO €57m to renew bus fleet

The European Bank for Reconstruction and Development has agreed a €57.1 million loan to EGO, the public transport company of Turkish capital Ankara, to replace...

10 December 2020
in
Waste and water

IADB finances water and sanitation project in La Guajira

The Inter-American Development Bank has approved two grants and a loan - totalling $62.75 million - for the drinking water and sanitation program of the Department of La...

10 December 2020

China takes the lead in development finance

China now finances overseas development at nearly the same level as the World Bank, according to new estimates.With countries currently struggling to combat COVID-19,...

10 December 2020
in
Renewable energy, Traditional energy

IRENA, AfDB partner to scale up renewable energy investments in Africa

The International Renewable Energy Agency (IRENA) and the African Development Bank have agreed to jointly support investment in low carbon energy projects.The two...

10 December 2020
in
Renewable energy, Traditional energy

World Bank Group unveils 35% climate financing target

The World Bank has announced a target for 35% of its financing to have climate co-benefits, on average, over the next five years. The plan replaces an earlier target...

10 December 2020
in
Manufacturing, Traditional energy

Brazil's BNDESPar hires BTG to sell Copel stake

BNDESPar, the investment arm of Brazilian state development bank BNDES, has selected investment bank Banco BTG Pactual SA to coordinate a secondary offering of its stake...

10 December 2020
in
Manufacturing, Traditional energy

ADB increases financing for power distribution in Bangladesh

The Asian Development Bank has approved a $200 million loan as additional financing to the ongoing Bangladesh Power System Enhancement and Efficiency Improvement Project...

09 December 2020
in
Social infrastructure

EIB agrees €640m infrastructure loans to Ukraine

The European Investment Bank and the Government of Ukraine have signed three loans totalling €640 million.A €340 million loan will support infrastructure...