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09 December 2020
in
Agriculture/food chain

ADB, Olam sign $93m support smallholder farmers hit by COVID-19

The Asian Development Bank and Singapore-based agribusiness company Olam International Limited (Olam) have signed a $93.75 million loan agreement to support the...

09 December 2020

ADB appoints Bruce Gosper as new vice-president

The Asian Development Bank has appointed Bruce Gosper as Vice-President for Administration and Corporate Management. He will succeed Deborah Stokes, whose term ends on 17...

09 December 2020
in
Renewable energy

Proparco, ADB finance 200MW Gujarat solar project

France's Proparco has agreed a loan of INR1.066 billion (about $14.2 million) as part of INR4.66 billion (about $62 million) loan extended by the Asian Development...

09 December 2020
in
Social infrastructure

Italy's F2i in talks with CDP over Atlantia motorway assets

Italian infrastructure fund F2i is in talks with state-backed lender CDP to become a key investor in a consortium working on a bid for the motorway assets of...

09 December 2020

$500m ADB will expand financial inclusion in Indonesia

The Asian Development Bank has approved a $500 million policy-based loan to support the Government of Indonesia’s efforts to expand financial access among micro,...

09 December 2020
in
Social infrastructure

BSTDB finances new private school building in Kyiv

The Black Sea Trade and Development Bank (BSTDB) has extended a nine-year €10 million (about $12.1 million) loan for the construction of a new building for the...

08 December 2020
in
Renewable energy, Traditional energy

IDB Invest helps finance Jilamito Hydroelectric Project in Honduras

IDB Invest has approved a $20.25 million loan to support the development, construction and operation of the Jilamito Hydroelectric Project, a run-of-river plant in...

08 December 2020
in
Mining

Sigma secures development bank financing for Grota do Cirilo project

Sigma Lithium Resources has received a binding commitment for a C$18,750,000 (about $14.7 million, BRL75 million) credit line from the Development Bank of the State of...

08 December 2020
in
Mining, Traditional energy

Court overturns approval for Thabametsi coal-fired power project

The Pretoria High Court has overturned the environmental approval of the 1,200MW Thabametsi coal-fired power station, which was to be built in the Limpopo province of...

08 December 2020

EIB provides €15m of funding to IDnow

The European Investment Bank will provide €15 million of growth funding to the German identity verification platform IDnow - a group involved in secure, remote auto...

08 December 2020

ADB agrees extra financing for microenterprises in Bangladesh

The Asian Development Bank has approved a $50 million loan to help restore the economic activities of microenterprises in Bangladesh, which have been severely affected by...

08 December 2020

KfW extends €2bn COVID-19 support by six months

The German government has authorised the country's development bank, KfW, to extend the €2 billion package of measures for start-ups and SMEs until 30 June, 2021...

08 December 2020
in
Social infrastructure

CABEI issues second COVID-19 vaccine bond

The Central American Bank for Economic Integration (CABEI) has issued a second COVID-19 vaccine bond, this time with the participation of Japanese regional...

08 December 2020
in
Social infrastructure

ADB agrees $500m loan to expand metro rail network in Bengaluru

The Asian Development Bank has approved a $500 million loan to construct new metro rail lines in Bengaluru, India. The project will build two new metro lines, mostly...

07 December 2020
in
Social infrastructure, Waste and water

EBRD and Greece establish new €20m PPP facility

The European Bank for Reconstruction and Development is joining forces with the Ministry of Development and Investments of Greece to establish a new public-private...

07 December 2020

AfDB launches $50m facility to support energy access companies amid COVID-19

The African Development Bank has approved a $20 million concessional investment from the Sustainable Energy Fund for Africa to establish the COVID-19 Off-Grid Recovery...

07 December 2020

EBRD and National Bank of Moldova promote local currency lending

Moldovan companies can now benefit from loans denominated in the local currency, leu, provided by the European Bank for Reconstruction and Development and its partner...

07 December 2020
in
Renewable energy, Traditional energy

DFIs and PT SMI join forces on sustainable infrastructure project in Indonesia

PT Sarana Multi Infrastruktur and the European Union, together with German development bank KfW and Agence Française de Développement are uniting to achieve...

07 December 2020

Eurasian Development Bank lists debut USD bond on AIX

The Eurasian Development Bank has successfully listed its debut $100 million 12-months bond on the AIX. First Heartland Securities JSC was acting as adviser of the...

07 December 2020

IDB Invest supports Barbados, Guyana, Suriname through trade finance programme

IDB Invest has incorporated three subsidiaries of Republic Financial Holdings Limited in Barbados, Guyana and Suriname into its Trade Finance Facilitation Program...