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10 August 2018

World Bank taps Australia's CBA for blockchain bond

Commonwealth Bank of Australia has won a mandate from the World Bank to arrange a pioneering bond issue to be created and run using only blockchain. The World Bank and...

10 August 2018

EBRD boosts MSMEs with $45m loan to Kazakhstan's Bank CenterCredit

The European Bank for Reconstruction and Development is providing a financial package of up to $45 million to Kazakhstan's Bank CenterCredit. More than 60% of the...

09 August 2018
in
Traditional energy

Jawa 1 nears close on DFI/ECA-backed loan

PT Jawa Satu Power – a joint venture between state-owned energy company Pertamina and Japan’s Marubeni and Sojitz Corporation – is expected to sign a...

09 August 2018
in
Renewable energy, Traditional energy

ADB, IFC, Proparco help finance $650m hydropower project in Nepal

The Asian Development Bank has approved $90 million in financing for the 216MW Upper Trishuli 1 hydropower project in Nepal. The project, with a total cost of $650...

09 August 2018

EIB joins landmark funding to Irish agri-tech group Devenish Nutrition

Belfast-based agri technology company Devenish Nutrition has secured €118 million in long-term funding - including €40 million from the European Investment Bank...

09 August 2018

Eurasian Development Bank reveals H1 profits of $37.5m

The Eurasian Development Bank has posted net profits of $37.542 million in the first half of 2018 - beating the target of $32 million for the whole year. The total...

08 August 2018
in
Renewable energy

IADB supports Mexico bid to increase geothermal energy generation

The Inter-American Development Bank (IADB) has approved a modification of a loan totaling $108.6 million that aims to increase private investment in electricity...

08 August 2018

IADB urged to withdraw Guatemala dam funding

The Inter-American Development Bank (IADB) has been urged to withdraw financing from two dams being built in Guatemala which are alleged to have damaged the...

07 August 2018
in
Social infrastructure

Metro de Bogota raises more DFI backing for Line 1 project

Empresa Metro de Bogota has signed loan agreements with the EIB and the International Bank for Reconstruction & Development (IBRD) for $480 million and $600 million...

06 August 2018

EBRD finances green investments at Poland's Millennium Leasing

The European Bank for Reconstruction and Development (EBRD) is providing a loan of PLN 300 million (€71 million equivalent) to Millennium Leasing, a subsidiary of...

06 August 2018

IFC finances green industrial estate in West Java

The International Finance Corporation and PT Surya Semesta Internusa Tbk have signed a $100 million loan package for a new 2,000-hectare green industrial estate in...

03 August 2018
in
Renewable energy

AfDB issues consultancy EOI for Zambian small-scale renewables programme

The AfDB has invited expressions of interest (EoI) from consultants for the role of programme coordinator for the Zambia Renewable Energy Financing Framework. The...

03 August 2018

ITC and Caribbean Development Bank formalise partnership

The International Trade Centre (ITC) and the Caribbean Development Bank (CDB) are strengthening their partnership to boost support for businesses across the Caribbean...

02 August 2018

FMO issues first locally denominated Georgian bond

FMO has issued its first locally denominated Georgian five-year bond via a public placement on the Georgian Stock Exchange. The notes fund a GEL160 million ($65.3...

02 August 2018

​MIGA backs Hyundai assembly plant in Pakistan

The Multilateral Investment Guarantee Agency (MIGA) has issued guarantees worth $66 million in support of the design, construction and operation of a Hyundai motor...

02 August 2018
in
Renewable energy

TCK Solar awarded 26MW solar concession in Kom Ombo

Egypt’s New and Renewable Energy Authority has awarded TCK Solar a 10-year concession for a 26MW solar project in Kom Ombo. The project, to be part financed by...

02 August 2018

AfDB appoints Bajabulile Tshabalala as CFO and Finance VP

The African Development Bank Group has appointed Bajabulile Tshabalala as Vice President for Finance and Chief Finance Officer. She was previously Executive Director of...

02 August 2018
in
IT and telecoms

MIGA covers second Myanmar fibre loan

MIGA has guaranteed a $114.76 million 5.5-year loan from ICBC to Myanmar Fiber Optic Communication Network. The guarantee is supported by $22.95 million from a facility...

02 August 2018
in
Social infrastructure

€605m DFI-backed loan for Cairo Metro upgrade

The European Bank for Reconstruction and Development (EBRD), European Investment Bank (EIB) and Agence Francaise de Developpement (AFD) have signed loans to help finance...

02 August 2018
in
Social infrastructure

IADB agrees $70m loan to for Bogota Metro Liner project

The Inter-American Development Bank (IADB) has approved a $600 million conditional credit line for Bogota First Metro Liner (PLMB) - Segment 1. The elevated metro...