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07 September 2021

IFC invests in BCI Holding to help finance expansion

The International Finance Corporation will help BCI Holding, a UAE-headquartered manufacturer and distributor of polyurethane raw materials, systems and specialities, to...

06 September 2021

FMO arranges €100m syndicated loan for QNB Finansleasing

Turkey-based QNB Finansleasing will receive a €100 million (about $118.6 million) syndicated loan, for which Dutch development bank FMO acted as originator, arranger...

06 September 2021

SWEN Capital Partners launches Blue Ocean impact fund

SWEN Capital Partners, a provider of unlisted sustainable investment solutions, has launched a second European impact fund, Blue Ocean. The fund's ambition is to...

06 September 2021
in
Agriculture/food chain

EBRD and XacBank support Mongolian dairy producer

The European Bank for Reconstruction and Development and the local lender XacBank are contributing to the development of dairy farming and processing in Mongolia by...

06 September 2021

Proparco participates in first closing of Amethis MENA Fund II

Investment fund Amethis has announced the first closing of the Amethis MENA Fund II at €85 million. Proparco, via FISEA +, the AFD Group facility advised by...

06 September 2021

EBRD and EU boost competitiveness of firms in Georgia

The European Bank for Reconstruction and Development and the European Union are providing fresh funding to support the green transition of micro, small and medium-sized...

06 September 2021

ADB approves $150m loan to improve urban housing in India

The Asian Development Bank has approved a $150 million loan to provide access to inclusive, resilient, and sustainable housing for the urban poor in Tamil Nadu,...

03 September 2021
in
Social infrastructure

$135m ADB loan to upgrade Timor-Leste’s Gateway Airport

The Asian Development Bank has approved a $135 million loan to help Timor-Leste expand the country’s gateway airport by extending the runway and constructing a new...

03 September 2021
in
Renewable energy, Traditional energy

CDC Group to invest up to $1bn in climate finance in India

CDC Group has unveiled plans to invest up to $1 billion in climate funding to India over the next five years (2022-2026). The commitment from the UK’s development...

03 September 2021

UAE, Uruguay, Bangladesh join New Development Bank

The New Development Bank has approved the admission of the United Arab Emirates, Uruguay, and Bangladesh as its first new member countries. Once admitted, a...

03 September 2021

Afreximbank sees net income rise

The African Export-Import Bank (Afreximbank) has released its audited financial statements for the six months ended 30 June 2021, showing a net income of $168.9 million...

03 September 2021

Egypt top recipient of IsDB financing last year

Egypt received the most financing from the Islamic Development Bank in 2020, getting funds of $1.13 billion in value, according to the bank’s annual report. This...

03 September 2021

AIIB’s first Jordan investment supports climate resilient economic growth

The Asian Infrastructure Investment Bank has approved a $250 million investment in Jordan to accelerate economic recovery from the COVID-19 pandemic. AIIB’s...

03 September 2021
in
Renewable energy, Traditional energy

USTDA supports Benin clean energy access

The US Trade and Development Agency has announced grant funding for technical assistance to help Beninese company Sherlock Grids SAS expand and improve clean energy...

03 September 2021

Giant Leap raises $15m in a month to launch 2nd impact fund

Australian impact VC fund Giant Leap has raised more than $15 million in less than four weeks for a second fund, Giant Leap II. Many of the backers in the original fund,...

03 September 2021

EBRD pledges fresh funds to expand operations of IMON International

The European Bank for Reconstruction and Development is continuing its support for microlending institution IMON International, which is responsible for a quarter of...

02 September 2021
in
Renewable energy

Eskom to invest $7.3bn in solar and wind farms

South African state-owned company Eskom intends to invest $7.3 billion to begin its energy transition over the next nine years. The funds - which will be partly raised...

02 September 2021

Global coalition unveils $80m fund for energy protection

A first-of-its-kind relief fund has been launched with a first close of $68 million and a target of over $80 million to protect energy access for at least 20 million...

02 September 2021

IFC partners with BMCE Bank International Plc UK to support trade in Africa

The International Finance Corporation and BMCE Bank International Plc UK have unveiled a partnership designed to support cross-border trade in Africa and prevent...

02 September 2021

EBRD appoints new head of Morocco

The European Bank for Reconstruction and Development has named Antoine Sallé de Chou as its new head of operations in Morocco. Based in Casablanca, Sallé de...