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07 July 2021

CABEI inaugurates first office outside region in Taiwan

On 6 July, the Central American Bank for Economic Integration (CABEI) officially opened its first office outside Central America in Taipei as it looks to expand its reach...

07 July 2021

EBRD and Raiffeisen Bank support expansion of Romania’s online retailer eMAG Group

The EBRD is arranging alongside Raiffeisen Bank a debt financing package for the leading Romanian online retailer eMAG. The syndicated loan package of €37.55 million...

07 July 2021
in
Traditional energy

EBRD supports private Ukrainian gas trader ERU Trading

The EBRD has extended a €10 million two-year working capital facility to privately-owned gas trader ERU Trading to support gas market development in Ukraine....

06 July 2021
in
Renewable energy

Green Tie raises quasi equity from EIB

Spanish renewables developer Green Tie Capital has raised €60 million of quasi equity from the EIB to part fund its solar development project pipeline. The loan will...

06 July 2021
in
Manufacturing, Social infrastructure, Traditional energy, Waste and water

ADB appoints Cauchois as new Nepal country director

The Asian Development Bank (ADB) has appointed Arnaud Cauchois as new Country Director for Nepal. As country director, Cauchois will lead ADB operations in the country...

06 July 2021
in
Manufacturing, Traditional energy

InfraCo Africa takes stake in Kenyan mini-grid project

PIDG affiliate InfraCo Africa and Rural Village Energy Solutions (RVE.SOL) – a social entrepreneurship for profit, operating as a green mini-grid developer in...

06 July 2021

EDB launches new infra investment strategy

The Eurasian Development Bank (EDB) plans to invest $10.9 billion in cross-border infrastructure projects over the next five years, according to the bank’s new...

06 July 2021

Nedbank Mozambique joins IFC's GTFP

Nedbank Mozambique has joined the IFC’s Global Trade Finance Program (GTFP) and raised a debut $10 million trade finance facility guarantee under the scheme.The...

06 July 2021
in
Agriculture/food chain

TADB and AGF team up on Tanzanian agri loans

Tanzania Agricultural Development Bank (TADB) has signed a memorandum of understanding (MoU) with African Guarantee Fund for Small and Medium-sized Enterprises (AGF) to...

06 July 2021
in
Social infrastructure

IDB provides loan for healthcare programmes in Bahamas

The Inter-American Development Bank (IDB) has approved a $40 million loan for primary healthcare programmes in The Bahamas. This latest loan approval follows a separate...

06 July 2021

EIB backs Bavarian tech start-up fund

Wachstumsfonds Bayern 2  – a venture capital fund for tech start-ups in Bavaria – has raised €50 million of new funding from the EIB (guaranteed by...

06 July 2021

Crowdfunding platforms win IsDB annual impact achievement awards

The Islamic Development Bank (IsDB) has selected two crowdfunding platforms as winners of the IsDB Prize for Impactful Achievement in Islamic Economics for 1422H...

06 July 2021

Pakistan raises $4.5bn from Islamic Development Bank

Pakistan has signed a $4.5 billion loan with Islamic Development Bank (IDB) in a bid to offset its current energy crisis. The loan will be used to pay for crude oil,...

06 July 2021

CAF appoints new executive president

Sergio Diaz-Granados has been elected executive president of CAF for the next five years. He will take office on 1 September 2021.A lawyer by training, Diaz-Granados is...

05 July 2021
in
Renewable energy, Traditional energy

Kinguélé Aval hydropower plant reaches financial close

Meridiam and Gabon Power Company (GPC), a subsidiary of the Gabonese Strategic Investment Fund (FGIS), have reached financial close on the project financing of the...

05 July 2021
in
Agriculture/food chain

BNDES and FIDA launch sustainable agriculture programme in Brazil

BNDES, the International Fund for Agricultural Development (FIDA) and Brazil’s Ministry of Economy have launched the Sowing Climate Resilience in Rural Communities...

05 July 2021
in
Manufacturing, Traditional energy

NIB backs grid upgrading investments in the Arctic region of Norway

Nordic Investment Bank (NIB) has signed a seven-year NOK400 million ($46.6 million) loan with the Norwegian grid operator and electricity distributor Arva to upgrade the...

05 July 2021

ADB proposing new type of SDG bond

Asian Development Bank (ADB) has proposed a new kind of sustainable development goals (SDGs) bond – the SDG Accelerator Bond – in its latest publication...

05 July 2021
in
Manufacturing, Traditional energy

BlackRock to launch emerging markets green infra fund

BlackRock is planning to launch a JPY55 billion ($500 million) fund aimed at developing infrastructure for the transportation of green energy in emerging markets. The...

05 July 2021
in
Renewable energy, Traditional energy

KfW looking for South African hydrogen proposals

The Council for Scientific and Industrial Research (CSIR) and Meridian Economics, on behalf of German development bank KfW, have issued an RFI on potential green hydrogen...