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30 June 2021

EBRD, EU, GCF expand funding for SMEs in Armenia

Armenia’s private sector will benefit from new resources for green financing thanks to a $10 million financial package put together by the EBRD in cooperation with...

30 June 2021
in
Agriculture/food chain

FMO supports Sartawi to increase climate resilience of Bolivian smallholder farmers

Dutch development bank FMO announced this week its support to Bolivian microfinance institution Sembrar Sartawi (Sartawi) with a $6 million facility, to be fully funded...

30 June 2021
in
Manufacturing, Renewable energy, Traditional energy

AFDB and Kexim sign African energy co-financing agreement

The African Development Bank (AfDB), the Korean Ministry of Economy and Finance and Kexim have signed an agreement under which Korea will provide $600 million in...

30 June 2021

EDB and FAB launch SME lending programme

Emirates Development Bank (EDB) has signed a memorandum of understanding) with First Abu Dhabi Bank (FAB) for credit guarantee and co-lending programs for SMEs in the...

29 June 2021
in
Traditional energy

IFC invests in Basrah Gas Company for gas flaring reduction project

The International Finance Corporation is investing in Iraq's Basrah Gas Company (BCG) to support one of the largest gas flaring reduction projects in the...

29 June 2021

IFC appoints new regional manager for South Caucasus

The International Finance Corporation has appointed Ivana Fernandes Duarte as its new Regional Manager for the South Caucasus. Based in Tbilisi, she will be overseeing...

29 June 2021
in
Mining

Poland's KGHM signs additional €98m EIB financing

Polish miner KGHM Polska Miedź (KGHM) has entered into an agreement with the European Investment Bank for an additional loan of PLN440 million (about €98 million) to...

29 June 2021
in
Manufacturing, Renewable energy, Social infrastructure, Traditional energy

BOAD unveils funding for nine projects

The West African Development Bank has approved funding worth a total of XOF102.549 billion ($186 million) for nine projects.The projects include the Wassoulou integrated...

29 June 2021

EDB extends $30m syndicated loan to Sovcombank

The Eurasian Development Bank took part in a $30 million syndicated loan to Russia's Sovcombank. The funds will be used to finance trade contracts of...

29 June 2021

EBRD and Aklease expand climate finance in Turkey

The European Bank for Reconstruction and Development is providing €25 million in new funds to Ak Finansal Kiralama to finance green investments by small and...

29 June 2021
in
Manufacturing, Traditional energy

World Bank agrees $800m for Pakistan power, human capital projects

The World Bank has approved $800 million in financing for two programs in Pakistan: the Pakistan Program for Affordable and Clean Energy and the Second Securing Human...

29 June 2021

IFC partners with Southeast Asia Commercial Joint Stock Bank

The International Finance Corporation is providing a $40 million loan to Southeast Asia Commercial Joint Stock Bank. The first phase of an up to $150 million financing...

29 June 2021
in
Renewable energy

Togo solar project gets additional funding from BOAD

The West African Development Bank (BOAD) has disbursed an additional CFA5 billion ($9 million) of funding for Amea Togo Solar's Sheik Mohamed Bin Zayed solar project...

29 June 2021
in
Manufacturing, Traditional energy

Consultancy EOI out for Ethiopia-Djibouti Second Power Interconnection project

The governments of Ethiopia and Djibouti have applied for financing from the African Development Bank (AfDB) and the World Bank, towards the cost of the Ethiopia-Djibouti...

28 June 2021
in
Social infrastructure

EBRD supports Poland’s Polpharma

The European Bank for Reconstruction and Development (EBRD) is providing Poland's largest pharmaceuticals producer polpharma with a PLN200 million (€45 million...

28 June 2021

Bahrain Development Bank launches new digital banking platform

Bahrain Development Bank has announced the launch of “tijara” – a new digital banking platform for SMEs that enables businesses to apply for loans...

28 June 2021

Liontrust partners with ABN Amro IS on global impact fund

UK-headquartered Liontrust has partnered with ABN AMRO Investment Solutions (AAIS) to launch a global impact fund. The ABN AMRO funds Liontrust Global Impact Equites fund...

28 June 2021
in
Manufacturing, Traditional energy

World Bank supports Uzbekistan transmission project

Uzbekistan's Electricity Sector Transformation And Resilient Transmission Project has been approved by the World Bank.The project will improve the performance of the...

28 June 2021

IADB agrees $300m SME credit to Peru

The Inter-American Development Bank (IADB) has approved a $300 million conditional credit line for Peru to support investment in business innovation and help close the...

28 June 2021

New regional EBRD head role for Ayten Rustamova

Ayten Rustamova has been appointed Regional Head of the Kyrgyz Republic, Tajikistan and Turkmenistan for the European Bank for Reconstruction and Development. She will be...