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14 May 2018
in
Agriculture/food chain

IFC may extend $20m debt to boost Sri Lankan agri SMEs

The International Finance Corporation has proposed to extend up to $20 million local currency equivalent loan facility to Sri Lanka-based Central Finance Company. The...

11 May 2018

ADB and Citi agree $100m trade finance deal to help SMEs

The Asian Development Bank's Trade Finance Programme has signed a $100 million deal with Citi to share risk on a funded basis underlying trade finance...

11 May 2018

EBRD trade finance awards honour partner banks

The European Bank for Reconstruction and Development's Trade Facilitation Programme (TFP) has named its most successful partner banks in 2017 in an award ceremony at...

11 May 2018

EBRD partners with Turkey’s credit guarantee fund to unlock €300m for women-led firms

The European Bank for Reconstruction and Development and Turkey's Kredi Garanti Fonu (KGF) - a credit guarantee institution - are joining forces to expand financing...

11 May 2018

EBRD partners with Bank Al Etihad in Jordan

The European Bank for Reconstruction and Development and Jordan's Bank Al Etihad are joining forces under a $20 million risk-sharing agreement. The EBRD will share...

10 May 2018
in
Renewable energy

Galloper offshore wind farm tests bank appetite for refi

Sponsors of the £1.8 billion ($2.43 billion) 336MW Galloper offshore wind farm project in the UK – RWE, Siemens, Sumitomo and Green Investment Group –...

10 May 2018
in
Traditional energy

GuarantCo backs Quantum Terminals' landmark Ghana bond

GuarantCo has signed a deal with Quantum Terminals in support of Quantum's LPG storage business in Ghana. Quantum Terminals is issuing a GHS 45 million ($10 million),...

10 May 2018
in
Waste and water

EBRD, EU finance waste management project in Ulaanbaatar

The European Bank for Reconstruction and Development (EBRD) is providing a €7.9 million loan to Ulaanbaatar municipality to improve the Mongolian capital city's...

10 May 2018

IFC provides first loan in Egyptian pounds

The International Finance Corporation is providing a $15 million loan mainly in Egyptian pounds to Vinavil Egypt for Chemicals, a manufacturer of construction-related...

10 May 2018

EBRD-backed United Group plans €600m investment in Western Balkans

The European Bank for Reconstruction and Development-backed United Group will invest over €600 million in south-eastern Europe over the next five years. The private...

10 May 2018
in
Renewable energy

MIGA backs 3 wind farms in South Africa

The Multilateral Investment Guarantee Agency has announced guarantees of $73 million to support the construction, operation and maintenance of Noupoort, Khobab, and,...

09 May 2018

Iraq requests EBRD bank membership and support

Iraq has made a formal request to become a member of the European Bank for Reconstruction and Development. If the country is successful in its bid, it would take the...

09 May 2018

EBRD and UK finance upgrade of Amman's solid waste operations

The European Bank for Reconstruction and Development and the UK - through its Department for International Development (DFID) - are providing a financing package...

09 May 2018

ECAs, MDBs to help finance Argentina's $150bn infrastructure projects

Argentina is planning $150 billion in infrastructure investments in areas such as transportation, water and sanitation, irrigation, public housing and the power sector....

09 May 2018

Armenia's Ardshinbank secures funding from Commerzbank and ADB

Armenia's Ardshinbank has received $10 million from Germany's Commerzbank, with a guarantee from the Asian Development Bank's Trade Finance Program. The...

09 May 2018

AIIB approves membership of Papua New Guinea and Kenya

The Asian Infrastructure Investment Bank has approved the membership of Papua New Guinea and Kenya. The approvals bring the bank's membership to 86. The two countries...

09 May 2018

Can Sutken joins ADB'S Trade Finance Program team

Asian Development Bank's Trade Finance Program has announced that Can Sutken will join the team as Relationship Manager for Vietnam, Indonesia and the...

09 May 2018

BCP and AfDB agree $100m deal for Moroccan exporters

Moroccan banking group Banque Centrale Populaire (BCP) and the African Development Bank (AfDB) have signed a $100 million agreement to boost intra-African trade. The two...

08 May 2018
in
Waste and water

JICA to finance water and irrigation projects in Iraq

The Japan International Cooperation Agency has signed loan agreements with Iraq to provide Japanese ODA loans of up to a total of 34.88 billion yen for two...

08 May 2018

FMO pitches first Honduran currency-linked offshore note

Dutch development bank FMO, in partnership with The Currency Exchange Fun), has issued the first Honduras Lempira-linked note in the off-shore market for a notional...