Cairo-headquartered B2B e-commerce platform Maxab has raised $40 million in a Series A round led by RMBV, a North Africa-focused impact investor. The deal also included...

Mirova, an affiliate of Natixis Investment Managers, has reached a $208 million-plus final close on its Land Degradation Neutrality Fund (LDN Fund) – an impact fund...

Divercity Urban Property Fund (Divercity), an affordable housing platform focused on the regeneration of South African cities, has raised a combined $36 million of...

The African Development Bank (AfDB) has launched its Strategy for Economic Governance in Africa (SEGA) – a set of proposals for public reforms aimed at fostering...

Kragujevac, the fourth-largest city in Serbia, will make a big leap in its transition away from coal, thanks to an €18 million loan provided by the EBRD for the...

The European Bank for Reconstruction and Development (EBRD) is extending a €3.03 million sovereign loan to the Municipality of Tbilisi City in Georgia for...

In 2018 the G7 development finance institutions (DFIs) made a commitment to deploy $3 billion before the end of 2020 in emerging markets private sector investments that...

On 30 June the Eastern and Southern African Trade and Development Bank (TDB) Group signed a $122.5 million financing agreement with Agence Francaise de Developpement...

Technological advances combined with big data, artificial intelligence and distributed ledger technologies are opening new avenues for Islamic finance to achieve its...

The UK's Foreign, Commonwealth & Development Office (FCDO) has provided GuarantCo, a Private Infrastructure Development Group (PIDG) company, with an additional...

The Central American Bank for Economic Integration (CABEI) has approved $50 million in financing for the Fondo Social para la Vivienda (Social Housing Fund) for the...

The IFC, the French Development institution Proparco, DEG - the German development finance institution, and the US International Development Finance Corporation (DFC) has...

The Sri Lankan government has granted approval to the Ministry of Finance to obtain a $150 million loan from the Asian Development Bank (ADB) to roll out the...

Hyderabad-based renewables developer Fourth Partner Energy has raised $125 million in equity funding from Norwegian investment fund Norfund and existing shareholder The...

Bengalaru-based Niramai Health Analytix has received a research grant from the UK’s CDC Group for its Covid-19 screening solution FeverTest. Launched last year, the...

Injaro Agricultural Capital Holdings (IACH), an impact investment fund managed by Injaro Investments, has sold its 30% stake in seed producer M&B Seeds and...

Heritas Capital (Heritas) has reached a $60 million first close on its third private equity fund, Heritas Growth Fund III (Fund III). The planned $150 million Fund III...

The EBRD has recognized the top banks under its Green Trade Facilitation Programme (Green TFP) with awards for their performance in 2020. The Green TFP allows partner...

Brazil's National Bank for Economic and Social Development (BNDES) has signed a contract with the Angra Eurobras NES consortium for structuring the project to...

Climate finance committed by major multilateral development banks (MDBs) rose to a total of $66 billion last year from $61.6 billion in 2019, according to the 2020 Joint...