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27 May 2020

FMO agrees facility to Palestine microfinance company Vistas

Dutch development bank FMO has agreed a $5 million finance facility with Vistas, a microfinance company which operates in the Palestinian Territories.Vitas aims to...

27 May 2020
in
Renewable energy, Traditional energy

ADB eyes Pakistan's Balakot hydropower plant financing

ADB is eyeing up a $300 million loan to back the $755 million 300MW Balakot run-of-river hydropower plant in Pakistan. While the DFI is the lead co-financier on the deal,...

27 May 2020

DBSA may turn to multilateral lenders to plug funding gap

The Development Bank of Southern Africa (DBSA) is in talks with multilateral lenders and commercial banks to help plug a funding gap as disruptions in debt capital...

27 May 2020

EIB approves €25bn COVID-19 Pan-European Guarantee Fund

The European Investment Bank (EIB) has agreed on the structure and business approach of the new Pan-European Guarantee Fund to tackle the economic consequences of the...

27 May 2020

ADB agrees $400m loan to support Philippines' capital market development

The Asian Development Bank has approved a $400 million policy-based loan to support the Philippine government’s efforts to strengthen domestic capital markets and...

27 May 2020

IADB launches A350m Sustainable Development Bond

The Inter-American Development Bank has priced a new ten-year fixed rate Sustainable Development Bond in Australian dollar, vauled at A$350 million ($226 million...

26 May 2020
in
Social infrastructure

ADB approves $250m support for Nepal's COVID-19 response

The Asian Development Bank has approved a $250 million concessional loan to help the Government of Nepal fund its response to the COVID-19 pandemic, which includes...

26 May 2020
in
Renewable energy

Djibouti geothermal project receives extra AfDB funding

The African Development Bank has agreed additional funding of $3.22 million for a geothermal project in Djibouti.The bank had already granted two other loans - $6.83...

26 May 2020

EIB agrees €200m loan to Gestampt for development of greener cars

Spanish multinational Gestamp, which specialises in the development and manufacture of metal components for the automotive industry, is to receive a €200 million...

26 May 2020
in
Manufacturing, Traditional energy

EIB helps finance improvements to Maribor's electricity supply

The European Investment Bank has signed a €31 million loan with Elektro Maribor, an electricity distributor from Slovenia`s second largest city of Maribor.The loan...

26 May 2020

US demands investigation into AfDB's Adesina decision

US Treasury Secretary Steven Mnuchin rejected plans by the African Development Bank's board to end an investigation into its president, Akinwumi Adesina, and called...

26 May 2020
in
Renewable energy, Traditional energy

African Development Fund helps finance Sahofika hydropower project

The African Development Fund (AFD) has approved a €4.02 million loan with a grant component to finance the Government of Madagascar’s €30 million equity...

26 May 2020

Garanti BBVA signs first ESG-linked syndicated facility

Turkey's Garanti BBVA has rolled over the syndicated loan it received from international markets and signed loan agreements totalling about $700 million. Both the...

26 May 2020

EBRD agrees €40m Serbian SME financing to Eurobank

Small and medium-sized enterprises in Serbia will benefit from better access to finance thanks to a €40 million loan provided by the European Bank for Reconstruction...

26 May 2020

IDB Invest agrees credit line to Colombia's Bancoldex

IDB Invest has issued a COP2.3 billion ($612 million) 13-month Standby Letter of Credit to Colombia's Bancoldex.The deal aims to provide access to financing to seven...

26 May 2020

BSTDB, OeEB agree €30m financing deal

The Black Sea Trade and Development Bank (BSTDB) has signed a €30 million deal with the Development Bank of Austria (OeEB) aimed to finance private sector projects...

26 May 2020

AfDB agrees €188m loan to help Kenya's COVID-19 fight

The African Development Bank has approved a €188 million loan to support the Government of Kenya’s efforts to respond to the COVID-19 pandemic and mitigate the...

22 May 2020
in
Renewable energy

Engie’s Grand Bara solar project approved by Djibouti

The Djiboutian government has approved and validated the €360 million Grand Bara solar photovoltaic power project.The plant will be developed, built and operated by...

22 May 2020

CAF sets up social bonds in euros

Latin American development bank CAF is holding calls with investors and setting up a benchmark-sized sale of social bonds denominated in euros, a source said.The lender...

22 May 2020
in
Social infrastructure, Waste and water

World Bank supports Belarus’ COVID-19 response with €90m financing

The World Bank has approved a €90 million package to help Belarus respond to the COVID-19 pandemic by strengthening the country’s national healthcare...