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04 April 2024
in
Finance and other

MDBs introduce tool for assessing electronic government procurement systems

Procurement officials from various MDBs have joined forces to develop a comprehensive and user-friendly tool designed to assess electronic government procurement (e-GP)...

04 April 2024
in
Finance and other

Adenia closes fifth fund at $470m

Adenia Partners has concluded the fundraising for its fifth fund, Adenia Capital V (AC(V)), at its hard cap of $470 million. The fund saw strong demand and attracted...

04 April 2024
in
Mining

Euro Manganese receives environmental permit for Chvaletice project

Euro Manganese has received environmental and social impact assessment approval for its Chvaletice Manganese project from the Czech Ministry of Environment.The project...

04 April 2024
in
Renewable energy

Husk Power secures $20m debt financing from EIB

Husk Power Systems has obtained $20 million in corporate debt from the EIB as part of its plans to scale operations in Nigeria. The deal is the largest EIB debt financing...

03 April 2024
in
Renewable energy

Ampin gets OeEb backing

Ampin Energy Transition has raised €25 million of long-term financing from Austrian development bank OeEB. Proceeds will support Ampin in further expanding its...

03 April 2024
in
Finance and other

DBK planning new bond issues

Development Bank of Kazakhstan (DBK) is meeting investors this week ahead of issuing a three-year Reg S/144A dollar senior unsecured bond.DBK is also considering issuing...

03 April 2024

IDB Invest backing for Ueno Bank MSME loan in the pipeline

IDB Invest is considering a PYG73,000 million ($9.9 million) loan for Ueno Bank in Paraguay for on-lending to SMEs.The facility will comprise a committed tranche of up to...

03 April 2024

IFC, DBS launch $500m facility to promote trade flows in emerging markets

IFC and DBS Bank have joined forces through the signing of a $500 million facility under IFC's Global Trade Liquidity Program (GTLP). The primary objective of this...

03 April 2024
in
Finance and other

Afreximbank, Sterling Bank launch Payables Finance product in Nigeria

Afreximbank and Sterling Bank have introduced an innovative supply chain finance product called Payables Finance in Nigeria. Branded as Afreximbank Tradelink, this...

03 April 2024

OECD publishes anti-corruption and integrity outlook report

According to a new OECD report, anti-corruption and integrity frameworks have shown improvement globally, but there is still a need for renewed efforts to strengthen...

03 April 2024
in
Social infrastructure

Construction begins on Nis-Dimitrovgrad railway section with EU and EIB support

Construction has commenced on the Nis-Dimitrovgrad railway section near the Serbian city of Pirot, marking an important step in the modernisation of Serbia's rail...

03 April 2024

World Bank report reveals $18.5bn damage to Gaza's critical infrastructure

According to a joint report by the World Bank and the United Nations, with support from the European Union, the cost of damage to critical infrastructure in Gaza is...

03 April 2024
in
Climate finance, Renewable energy

World Bank approves $750m to Colombia to advance renewables and climate resilience

World Bank has given its approval for a loan of $750 million to Colombia with the aim of strengthening the country's resilience to climate change and promoting...

03 April 2024

MONETA secures €100m loan from EIB to support SMEs

MONETA has obtained a €100 million ($107.5 million) loan from the EIB aimed at fostering economic opportunities for small and mid-sized businesses in Czechia. At...

03 April 2024
in
Finance and other

World Bank to approve $1.2bn financing for Kenya budget

The World Bank is set to approve $1.2 billion of budget financing to Kenya by the end of April. This funding will provide crucial financial support to Kenya as it aims to...

02 April 2024
in
Social infrastructure

Velindre Cancer Centre reaches financial close

The ACORN consortium has achieved financial close on the £180 million Velindre Cancer Centre project in Cardiff, Wales.Velindre University NHS Trust appointed ACORN...

02 April 2024
in
Waste and water

Grande Cote desal progresses

ACWA Power has signed a SAR3 billion ($800 million) agreement with Senegal’s Ministry of Water and national water company SONES to develop a desalination plant...

02 April 2024

Proparco signs second credit line for Ipak Yuli

Proparco is providing Ipak Yuli Bank with senior debt of up to $30 million to support the bank’s MSME financing strategy.Ipak Yuli, which was set up in 1990, is the...

02 April 2024
in
Finance and other

World Bank and AIIB in guarantee talks

The World Bank and AIIB are considering increasing cooperation in a bid to make the most of their balance sheets. The pair are in talks about AIIB providing a second...

02 April 2024
in
Renewable energy

SFD backs hydro projects in Pakistan

The Saudi Fund for Development (SFD) has signed agreements to finance two hydro power projects in Pakistan.The $101 million of funding will support the 44MW Shounter and...