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21 May 2018

Trump takes aim at Chinese development loans

China’s secretive lending practices in developing nations are drawing increased objections from the Trump administration, the World Bank and the IMF, who want...

21 May 2018

Will the CFTA boost intra-African trade finance?

Forty-four African countries signed the long-awaited African Continental Free Trade Area (CFTA) earlier this year. The bloc is expected to boost intra-African trade...

21 May 2018
in
Waste and water

WASA awards Grandharbpur water project

Dhaka Water Supply and Sewerage Authority (WASA) has awarded a DBO contract to Veolia and Suez for the €275 million Gandharbpur drinking water treatment...

18 May 2018
in
Renewable energy

Baikonur Solar gets DFI backing

Baikonur Solar – a 100% subsidiary of United Green – has raised a $56 million equivalent facility from the EBRD, Clean Technology Fund and the ADB to finance...

18 May 2018

EBRD agrees €50m financing to Bulgaria's ProCredit Bank

The European Bank for Reconstruction and Development (EBRD) is providing €50 million to Bulgaria's ProCredit Bank to expand access to finance for small and...

18 May 2018
in
Agriculture/food chain

AfDB approves $100m loan to boost Nigerian fertilizer production

The African Development Bank (AfDB) has approved a $100 million senior loan to Nigeria's Indorama Eleme Fertilizer & Chemicals to support the company's plans...

17 May 2018
in
Social infrastructure

KfW IPEX finances two A330s for RwandAir

Germany's KfW IPEX-Bank and Deutsche Pfandbriefbank are participating in the financing of two Airbus A330s for the African airline RwandAir. The loan will be passed...

17 May 2018
in
Social infrastructure

Uganda drags out award of road projects as bidders threaten withdrawal

The Uganda National Roads Authority (Unra) has failed to award contracts for the Busega-Mpigi expressway and the Masaka-Bukakata road despite one year having elapsed...

17 May 2018
in
Renewable energy

Angola plans to join Scaling Solar program

The Angolan Ministry of Energy and Water has invited representatives of the World Bank to discuss ways of increasing the share of solar energy in the African country...

17 May 2018
in
Renewable energy

EBRD arranges financing of 50MW Baikonur solar power plant

The European Bank for Reconstruction and Development is organising a loan together with the Clean Technology Fund and the Asian Development Bank to fund the...

17 May 2018

AfDB approves facility to boost lending to SMEs in Liberia

The African Development Bank (AfDB) has approved a $20 million facility to boost lending to small and medium-sized enterprises in Liberia. The loan is a trade finance...

17 May 2018

Belarus development bank agrees credit line to boost exports to Africa

The Development Bank of Belarus will open a $70 million credit line to finance Belarusian exports to Africa. The agreement was signed by the Development Bank of Belarus...

17 May 2018

Welsh development bank reveals 2017/2018 results, sees rise in applications

The Development Bank of Wales invested £68 million in 285 businesses in the country during the period from 1 April 2017 to 31 March 2018, new figures show. A total...

16 May 2018

Katipult adds Qatar Development Bank

Fintech group Katipult Technology has added Qatar Development Bank to implement its software into the lender's operations. The goal was to provide users with a...

16 May 2018

NIB and Brage Finans sign SME leasing financing deal

Nordic Investment Bank and Norway’s Brage Finans have signed a €18 million loan agreement for financing equipment leasing for small and medium-sized...

16 May 2018

Bahrain Development Bank launches $100m VC Fund

Bahrain Development Bank has launched a $100 million venture capital "fund of funds" to support startups in Bahrain and across the Middle East. The Al Waha...

15 May 2018

BNDES profit rises with sale of Petrobras shares

Brazilian state-run development bank BNDES posted an increase in profits in the first quarter as it reversed loan-loss provisions and sold shares in oil giant...

15 May 2018

ADB hires Amy S.P. Leung as Director General for East Asia

The Asian Development Bank has appointed Amy S.P. Leung as the new Director General of its East Asia Department, where she will lead ADB's engagement with China, Hong...

15 May 2018
in
Renewable energy

EIB and China Exim agree €300m climate projects loan

The European Investment Bank will provide a €300 million framework loan in new climate finance partnership with the Export-Import Bank of China. The initiative is...

14 May 2018

IFC: Wiebke Schloemer is new Director for the Europe and Central Asia

The International Finance Corporation has appointed Wiebke Schloemer as its new Director for the Europe and Central Asia region. The former IFC regional infrastructure...