Afreximbank's shareholders have approved an increase in the authorised share capital from $5 billion to $25 billion. The bank says the increase recognizes its growth...

The European Investment Fund and the NATO Innovation Fund (NIF) are partnering to support the long-term growth of the defence, security, and resilience sectors across...

ING has appointed Cindy Jia as Head of Sustainable Finance for the Americas, effective immediately.In her new role, based in New York, Jia will be responsible for...

Ayla Oasis Development Company has received a financing package to support the development of the Marina Village, a major tourist attraction in Aqaba, Jordan's only...

South Africa is seeking to alter the terms of a landmark agreement under which it promised to cut its reliance on coal in exchange for access to financing.The government...

The World Bank Group guarantee platform - which brings together products offered by the World Bank, IFC and MIGA - has been officially launched. It aims to boost WBG...

EIB and Madrid's Empresa Municipal de Transportes (EMT) have signed a €50 million ($54 million) loan to finance the expansion of EMT's zero-emissions bus...

PAIX Data Centres has announced the expansion of its facility in Accra to 1.2MW.The expansion comes at a pivotal time as the demand for reliable and scalable data centres...

Sjamsu Rahardja has been named as the World Bank Group Resident Representative for Mauritius, a position that will unify country-level leadership across the institution...

IFC is providing a $150 million sustainability-linked loan to FIBRA Macquarie Mexico for the development of new green industrial parks in Mexico.The loan will support the...

EBRD is boosting energy efficiency in Morocco by providing a MAD150 million ($15 million million) loan to Procaneq, a subsidiary of Procan Group, which serves the mining...

The African Development Fund approved a $19.95 million grant for an initiative to provide livelihood for Sierra Leone’s women and youth.The "Job Creation for...

Diletta Doretti has been appointed World Bank Group Resident Representative for Guyana.Since joining in 2002, Doretti has held various positions at the World Bank,...

AfDB has approved a grant of $17 million to Mauritania to implement the Project for Promotion of Gender-Sensitive Agricultural Value Chains and Women's...

BSTDB is investing €5 million (about $5.4 million) to the EOS Hellenic Renaissance Fund II. This investment aims to provide growth capital for Greek SMEs and small...

ACWA Power has completed the dry financial close for the $533 million Tashkent Riverside project in Uzbekistan.The greenfield development will involve the development of...

Anna Akhalkatsi has been named as the World Bank’s new Country Director for the EU, based in Brussels.Akhalkatsi will lead the bank's dialogue with EU client...

EIB has announced support for a €271 million ($290 million) businesses financing scheme to enable industrial companies across Egypt to cut pollution, improve energy...

EIB and Italy's Snam have signed a financing agreement for €100 million to support energy improvement projects in public buildings and energy efficiency measures...

EIB is supporting a new $350 million regional private sector investment fund managed by SPE Capital.The fund is expected to unlock large-scale equity investments in...