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03 May 2018
in
Social infrastructure

Quito Line 1 gets further $250m from IADB

Empresa Publica Metropolitana Metro De Quito has raised another $250 million 25-year loan from the Inter-American Development Bank (IADB) to fund works on the $1.6...

03 May 2018

ADB, UK launch fund to improve trade, connectivity in APAC

The Asian Development Bank and the UK's Department for International Development (DFID) have launched the Asia Regional Trade and Connectivity Fund. DFID will provide...

03 May 2018

World Bank agrees $180m loan guarantee for Kenya's energy sector

The World Bank has approved a $180 million loan guarantee for Kenya Electricity Generation Company. The guarantee will help in long-term commercial financing of up to...

02 May 2018
in
Social infrastructure

IADB and CAF finance $560m Transchaco road project in Paraguay

Loans totalling $560 million have been secured to finance rebuilding work on the Transchaco road in Paraguay. CAF is providing a $400 million loan, and the...

02 May 2018
in
Agriculture/food chain

FMO, Proparco finance production of green energy from sugar residue in Uganda

France's Proparco and Dutch development bank FMO have provided financing to Ugandan sugar manufacturing group SCOUL to fund a new 26MW cogeneration power plant....

01 May 2018

Pinelopi Koujianou Goldberg is new World Bank Chief Economist

Pinelopi Koujianou Goldberg has been appointed as Chief Economist at the US-headquartered World Bank Group. She is Vice-President of the American Economic Association and...

01 May 2018
in
Social infrastructure

EIB agrees €150m loan for Bosnia and Herzegovina motorway

The European Investment Bank has signed two loans totalling €150 million for the construction of a motorway through Bosnia and Herzegovina. The loans will finance...

01 May 2018

IsDB considers debut euro-denominated sukuk

Saudi Arabia's Islamic Development Bank (IsDB) has hired banks to explore the possibility of a euro-denominated sukuk issue. It would represent the bank's first...

01 May 2018

Bancomext seeks to boost ties with EIB and Atradius

Mexico's Bancomext is in talks to secure a €100 million line of credit from the European Investment Bank (EIB) to support the country's exporters. Bancomext...

30 April 2018
in
Renewable energy

Forestalia signs EIB debt for Spain’s first zero-subsidy wind project

Spanish renewables developer Forestalia has signed the DFI-backed portion of the €170 million ($205 million) of project debt backing the construction of the 300MW...

30 April 2018
in
Renewable energy

Largest solar farm in Texas reaches financial close

Solar developer 174 Global Power has closed a $195 million DFI-backed facility to finance the 182MW Midway solar project – the largest solar project in...

30 April 2018
in
Traditional energy

ENH hires advisors for $2bn gas projects refinancing

Mozambique’s national oil company Empresa Nacional de Hidrocarbonetos EP (ENH) has hired two advisers for the $2 billion fund raise to...

30 April 2018
in
Renewable energy

IFC and EBRD back first Lebanon green bond issue

The EBRD and IFC have taken $15 million and $45 million respectively of a $60 million green bond debut by Fransabank – the first green bond issue in Lebanon and...

30 April 2018
in
Social infrastructure

EU approves Italian toll road extensions

The European Commission has approved, under EU State aid rules, plans to extend two Italian  motorway concessions by four years. The plan is designed to enable the...

26 April 2018

NIB launches €500m environmental bond

The Nordic Investment Bank (NIB) has launched a 7.5 year, €500 million NIB Environmental Bond. Proceeds from the transaction will be allocated to a separate...

26 April 2018
in
Social infrastructure

Paraguay delays deadline for financing of $527m highway

Paraguay’s Ministry of Public Works and Communications (MOPC) is allowing an extension to the April 14 deadline to complete the $527 million financing of the 149km...

26 April 2018

LMA unveils results of its Developing Markets Survey

The Loan Market Association has released the results of a survey of its membership on the opportunities and challenges facing increasingly active developing market...

25 April 2018
in
Manufacturing, Traditional energy

MiDA selects Meralco consortium to run Electricity Company of Ghana

Following a competitive procurement process, the Ghanaian government organisation Millennium Development Authority (MiDA) has selected a Meralco-led consortium of the...

25 April 2018
in
Traditional energy

JBIC to offer loans to boost US LNG exports to Asia

The Japanese government said it will promote the exports of US liquefied natural gas to Asian countries to help slash Washington's trade deficit. The Japan Bank for...

25 April 2018
in
Traditional energy

Japan's Itochu pulls out of Turkish nuclear power plant project

Japanese trading house Itochu is pulling out of a 4,500MW nuclear power plant project in Sinop, Turkey, over a surge in safety-related costs. The move casts uncertainty...