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28 November 2019
in
Social infrastructure

ADB approves $33m loan to design project for Dhaka MRT Line 5

The Asian Development Bank has approved a concessional loan of $33.26 million for a project to design the Dhaka Mass Rapid Transit (MRT) line 5 (Southern Route) that will...

27 November 2019
in
Traditional energy

Gulf Pluak Daeng CCGT plant closes financing

Gulf Energy (70%) and Mitsui & Co (30%) have reached financial close on a ECA/DFI-backed loan to finance the Bt50 billion ($1.655 billion) 2,650MW Gulf Pluak Daeng...

27 November 2019
in
Traditional energy

Tlou Energy progressing Lesedi CBM financing

Tlou Energy is progressing negotiations with Botswana Development Corporation (BDC) to finance its Lesedi coal-bed methane (CBM) project in Botswana. Tlou is looking for...

27 November 2019

IsDB ups support for Turkey

The Islamic Development Bank (IsDB) and various Turkish stakeholders have signed cooperation agreements backing both exporters and the transport sector. The IsDB will...

27 November 2019
in
Traditional energy

EBRD debars GE Power Sweden for six years

The EBRD has imposed a six-year term of debarment on GE Power Sweden following an investigation in cooperation with the UK’s Serious Fraud Office (SFO). The...

26 November 2019

DFIs release joint statement after critical Human Rights Watch report

UK development bank CDC, Belgium's BIO, DEG from Germany, and Dutch development bank FMO have released a joint statement in response to a report by Human Rights Watch...

26 November 2019
in
Social infrastructure

Financial close for Silvertown Tunnel

The RiverLinx consortium has reached financial close with Transport for London (TfL) on the £1 billion Silvertown Tunnel project. The RiverLinx consortium...

26 November 2019
in
Social infrastructure

Silvertown Tunnel closes tightly priced DFI/ECA-backed facility

The RiverLinx consortium – comprising Macquarie Capital (22.5%), Cintra (22.5%), Aberdeen Standard Investments (22.5%), BAM PPP PGGM (22.5%) and SK E&C (10%)...

26 November 2019

EBRD agrees €183m loan to boost EETC network

The EBRD has agreed a €182.9 million loan to the Egyptian Electricity Transmission Company (EETC) to strengthen the transmission network in the country. The funds...

26 November 2019

Tanzania secures $1bn syndicated loan from Trade and Development Bank

Tanzania has received a $1 billion syndicated loan arranged by the Trade and Development Bank for infrastructure projects and is seeking an additional $500 million from...

26 November 2019
in
Renewable energy, Traditional energy

NIB, NEFCO finance renewable energy investments in Eastern Europe

The Nordic Investment Bank and the Nordic Environment Finance Corporation (NEFCO) have signed a new 15-year loan programme of €25 million for financing energy...

26 November 2019
in
IT and telecoms

EIB agrees €350m loan to support 5G network plan in Italy

The European Investment Bank has agreed a six-year €350 million loan with Italian telecommunications company TIM to help it provide faster, higher-capacity...

26 November 2019

IADB: Trade liberalisation has boosted LatAm and Caribbean economies

The Latin America and Caribbean region saw faster economic and wage growth thanks to a lowering of trade barriers, a new report by the Inter-American Development Bank...

26 November 2019

ITFC, Afreximbank sign $100m credit facility

The International Islamic Trade Finance Corporation (ITFC) is to provide a $100 million credit facility to the African Export-Import Bank (Afreximbank) to promote...

25 November 2019
in
Agriculture/food chain

CDC among banks accused of failing to safeguard Congolese workers

UK development bank CDC and three other European lenders have been accused of failing to protect workers from exposure to dangerous pesticides and paying “extreme...

25 November 2019
in
Waste and water

NIB finances water infrastructure capacity increase in Sweden

The Nordic Investment Bank and the Swedish city of Varberg have signed an uncommitted credit facility agreement of SEK600 million (€62 million) for the construction...

25 November 2019
in
Traditional energy

US provides $430m insurance for gas pipeline project in Egypt

The US International Development Finance Corporation is to provide $430 million in insurance for a project to rehabilitate a natural gas pipeline in Egypt and transport...

25 November 2019
in
Social infrastructure

EIB loan of €450m finances road upgrades in Ukraine

The European Investment Bank has agreed to provide a loan of €450 million to finance new road construction and road network rehabilitation along the most important...

25 November 2019

CDB to issue first LPR-linked policy bank bonds

China Development Bank is to issue bonds worth up to 6 billion yuan ($852.41 million) this week, including the first such paper from a policy bank linked to the central...

25 November 2019

ADB helps Bank of Georgia offer SCF to SMEs

The Asian Development Bank has provided a technical assistance grant to the Bank of Georgia, enabling it to offer working capital and other supply chain services to small...