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08 July 2024

Uxolo Athens: ADB’s abundant green horizons

Bart Raemaekers, head of guarantees and syndications at ADB, discusses how the bank’s $13 billion pipeline is leveraging de-risking elements to meet a strong commercial...

08 July 2024
in
Climate finance

US, Indonesia sign $35m debt swap deal to support coral reef ecosystems

The US, Indonesia and four NGOs signed debt-for-nature swap and coral reef conservation agreements under the Tropical Forest and Coral Reef Conservation Act.When...

08 July 2024
in
Finance and other

World Bank appoints new country director for Nigeria

The newly appointed Country Director for Nigeria, Ndiame Diop, has started his new position. He is succeeding Shubham Chaudhuri, who completed his term in the same...

08 July 2024

NIB supports SMEs in Faroe Islands and Greenland

Nordic Investment Bank and the Faroese Foroya Banki have signed a DKK300 million ($43.5 million) loan agreement for on-lending to SMEs and small mid-caps, as well as...

08 July 2024

CAF releases Hurricane Beryl humanitarian donations

Latin American development bank CAF has announced a series of donations for humanitarian aid and emergecy assistance in the wake of Hurricane Beryl.The donations were...

08 July 2024

SMEs in Tanzania supported by EIB, EU

EIB and the EU will blend a grant of €15 million (TZS43 billion) from the EU with €350 million (TZS1 trillion) loans from EIB to provide credit to Tanzanian...

05 July 2024
in
Climate finance, Renewable energy

Tanzania: How to grow a green capital market

Tanzania tapped its first ever green bond in 2023 and laid a seedbed for this year's even bigger green issue, and its first municipal bond. The notes are viable routes to...

05 July 2024
in
Waste and water

EIB supports Greece's €2bn water supply project

EIB will provide advisory services to Athens Water Supply and Sewerage Company (EYDAP) in Greece to support the company’s €2 billion, ten-year investment...

05 July 2024
in
Social infrastructure, Social projects, Traditional energy

IsDB agrees $368.98m for Turkiye, Turkmenistan, Suriname projects

Islamic Development Bank has approved $368.98 million to finance new development projects in Turkiye, Turkmenistan, and Suriname.To support Turkiye's rapid delivery...

05 July 2024
in
Finance and other

FMO helps support excluded entrepreneurs in Nigeria

Dutch development bank FMO and Nigeria’s First City Monument Bank signed a $25 million NASIRA guarantee agreement. The guarantee will enable FCMB to expand its...

05 July 2024
in
Climate finance

ADB launches climate-finance program in Thailand

ADB has launched a new climate finance-focused program in Thailand.The technical assistance project — Accelerating Climate Finance in Thailand — supports...

05 July 2024
in
Social infrastructure

IDB and GIF support Trinidad and Tobago's Port of Spain PPP

IDB and the Global Infrastructure Facility are supporting Trinidad and Tobago in the development of a public-private partnership that will improve cargo services at the...

04 July 2024
in
Renewable energy

ENGIE pockets $175.9m for Surendranagar solar project

ADB and the Engie group have signed a long-term local currency loan agreement to construct and operate a 400MW solar PV power plant in Surendranagar District, Gujarat,...

04 July 2024
in
Traditional energy

NIB finances integrated wood pellet and bioenergy plant

Nordic Investment Bank has signed a seven-year loan agreement of NOK300 million ($28.4 million) with Moelven Industrier. The loan will finance a new integrated wood...

04 July 2024
in
Traditional energy

Ukraine ratifies International Chernobyl Cooperation Account agreement

The international community and Ukraine are set to enter a new phase of engagement on long-term nuclear safety and decommissioning, with a particular focus on Chornobyl...

04 July 2024
in
Social projects

Medtech Nyxoah secures €37.5m EIB venture-debt

EIB is providing venture debt financing to Belgian medical-technology company Nyxoah €37.5 million ($40.5 million) to develop treatments against obstructive sleep...

04 July 2024

Afreximbank raises authorised capital

Afreximbank's shareholders have approved an increase in the authorised share capital from $5 billion to $25 billion. The bank says the increase recognizes its growth...

04 July 2024

EIF and NATO Innovation Fund join forces to boost defence

The European Investment Fund and the NATO Innovation Fund (NIF) are partnering to support the long-term growth of the defence, security, and resilience sectors across...

03 July 2024

ING hires Cindy Jia as sustainable finance head, Americas

ING has appointed Cindy Jia as Head of Sustainable Finance for the Americas, effective immediately.In her new role, based in New York, Jia will be responsible for...

03 July 2024
in
Climate finance, Social infrastructure

Jordan's Marina Village development gets funding

Ayla Oasis Development Company has received a financing package to support the development of the Marina Village, a major tourist attraction in Aqaba, Jordan's only...