The Development Bank of Southern Africa (DBSA) has agreed financing worth almost $615 million for a highway project in Kenya to connect Lamu with Isiolu. The highway...
The European Bank for Reconstruction and Development has appointed Francis Malige as Managing Director, Financial Institutions. He will assume his new duties in August,...
Egypt is in talks with a number of banks, including the European Bank for Reconstruction and Development, French Development Agency, and the European Investment Bank, to...
The Maldives is to get a MVR 616.8 million ($40 million) concessional loan from the OPEC Fund for International Development (OFID). The loan will be used for harbour...
The Bank of Ghana has annulled the acquisition of shares of the Agricultural Development Bank held by Belstar Capital, Starmount Development company, SIC Financial...
The African Trade Insurance Agency has approved the first ever payments to shareholders. ATI has earmarked an initial $2.5 million in payments to its shareholders...
Acciona and Tuto Energy, owners of the 404MW Puerto Libertad photovoltaic complex in Sonora, Mexico, have signed a $264 million 18-year financing for the project. North...
The China Development Bank (CDB) and the Export-Import Bank of China (Chexim) are in talks with other international lenders over cooperation on overseas projects after a...
Russia is in talks with the New Development Bank - set up by Brazil, Russia, India, China and South Africa - on raising four loans worth more than $1...
The International Finance Corporation, in partnership with Vietnam Prosperity Commercial Joint Stock Bank (VPBank), is extending a commodity financing facility of up to...
Nordic Investment Bank has priced a new five-year global $1 billion benchmark issue. The transaction is NIB's second USD benchmark in 2018. The issue has a final...
The International Finance Corporation has issued its first sterling green bond, raising £350 million to fight climate change. It represents IFC's first...
The African Development Bank (AfDB), through its Trade Finance operations, has signed a Grant Agreement with African Export-Import Bank (Afreximbank) to support the...
Nippon Export and Investment Insurance is providing loan insurance to support commercial bank loans for a natural gas power plant to be built in Lebap province,...
The World Bank has approved the Electricity Access and Renewable Energy Expansion Project in the Solomon Islands, which includes new or improved electricity services,...
Independent power producer Globeleq - which is owned by UK development finance institution CDC (70%) and Norfund (30%) - has raised a $50 million, 16-year loan from sole...
India has become the 69th shareholder of the European Bank for Reconstruction and Development (EBRD), paving the way for more joint investment with Indian companies...
The International Finance Corporation is providing a $100 million financing package to Yapi Merkezi Holding, the parent company of Turkish construction company Yapi...
Indonesian energy company Pertamina and joint venture partner Bumi Sarana Migas have decided not to proceed with an $800 million LNG terminal project, citing a decline in...
The International Finance Corporation is providing a syndicated loan of $100 million to Vietnam's TienPhong Commercial Joint Stock Bank (TPBank). The IFC-led...