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11 May 2020
in
Social infrastructure

$25m EBRD loan will fund Georgia Healthcare Group's working capital needs

The European Bank for Reconstruction and Development has agreed a $25 million loan to Georgia Healthcare Group (GHG) to fund working capital and operational expenditure...

11 May 2020

DEG agrees $15m loan to ACLEDA to support SME financing in Cambodia

Deutsche Investitions- und Entwicklungsgesellschaft (DEG) is providing Cambodian ACLEDA Bank with a long-term loan of $15 million to help fund SMEs and private clients...

11 May 2020

World Bank prices $4bn 10-year global bond

The World Bank has priced a $4 billion ten-year global benchmark bond that matures on 14 May, 2030. The benchmark pays a semi-annual coupon of 0.875% and has an issue...

11 May 2020

NIB finances energy efficient commercial buildings in Lithuania

The Nordic Investment Bank and the Lithuanian commercial real estate company UAB Baltisches Haus have signed a €10 million loan agreement for financing investments...

07 May 2020
in
Renewable energy

MIGA backs solar and wind power projects in South Africa

The Multilateral Investment Guarantee Agency has issued guarantees in support of the construction, ownership and operation of two solar photovoltaic power plants in South...

07 May 2020

IsDB signs $100m facility with Turk Eximbank to boost SMEs

The Islamic Development Bank (IsDB) and Turk Eximbank have signed a syndicated ten-year murabaha deal of $100 million to finance small and medium-sized enterprises and...

07 May 2020

Impact assessment: Covid-19 and the global development agenda

In the second of a series of insights on the impact of Covid-19 on the global economy, Orbian CEO Tom Dunn interviews Judith Tyson, a fellow at the Overseas Development...

07 May 2020
in
Waste and water

CEB to finance IREN's sustainable water management project

The Council of Europe Development Bank (CEB) and Italy's IREN S.p.A have signed an €80 million Public Finance Facility to partially finance the company's...

07 May 2020

European Commission approves €5.2bn Czech guarantee scheme

The European Commission has approved a Czech guarantee scheme of approximately CZK142 billion (€5.2 billion) for large companies with export activities affected by...

07 May 2020
in
Waste and water

BOAD helps finance new phase of Benin drinking water project

The West African Development Bank (BOAD) is to help finance the second phase of a drinking water supply project in Parakou, Benin.The overall cost of the project is about...

07 May 2020
in
Agriculture/food chain

EBRD provides $175m financing package to Turkey’s DenizBank

Turkey's DenizBank will scale up its trade finance activities and lending to smaller municipalities and agricultural firms amid the coronavirus pandemic thanks to a...

07 May 2020

IsDB helps launch global legislative framework for Islamic finance

The Islamic Development Bank, the Dubai Islamic Economy Development Centre, and the UAE Ministry of Finance have launched a new initiative to create a unified global...

07 May 2020
in
Social infrastructure

EIB adds €1.7bn to EU COVID-19 support package for Western Balkans

The European Investment Bank Group will provide €1.7 billion to support the social and economic recovery of the Western Balkans from the COVID-19 pandemic.National...

07 May 2020
in
Manufacturing, Traditional energy

Uzbekistan invites EPC tenders for ADB-financed 500kV power project

Tender offers for the engineering, procurement and construction of a 500kV electricity transmission line between Uzbekistan and Tajikistan are being invited.The single...

07 May 2020
in
Agriculture/food chain

IFC agrees $100m loan to Colombia's Banco Davivienda

The International Finance Corporation has provided a $100 million loan to Colombia's Banco Davivienda to boost the bank’s ability to increase its lending for...

07 May 2020

BNDES to provide $704m to finance SMEs during virus crisis

Brazilian development bank BNDES is to invest BRL4 billion ($703.52 million) in asset managers focused on financing small companies.The lender said it will invest in up...

07 May 2020

IFC signs development impact deal with DEG, Proparco

The International Finance Corporation has signed an agreement with France's Proparco and Germany's Deutsche Investitions- und Entwicklungsgesellschaft (DEG) to...

06 May 2020
in
Manufacturing, Traditional energy

China's LEEEC debarred by World Bank over Zambian power project fraud

The World Bank has announced the 20-month debarment of China-based Liaoning-EFACEC Electrical Equipment Company Limited (LEEEC) in connection with fraudulent practices as...

06 May 2020
in
Social infrastructure

CAF agrees $100m financing for Paraguay road and port project

CAF, the Latin American development bank, has approved financing of $100 million for a road and port project in Paraguay.The project reduces the logistical costs of using...

06 May 2020

World Bank warns Iraq is ill-equipped to manage a multi-faceted crisis

Iraq’s economic outlook has markedly worsened over the past six months, with GDP growth projected to contract by 9.7% in 2020, down from a positive growth of 4.4%...