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10 August 2022
in
Climate finance, Renewable energy

Gulf Energy invests €75m in Lightrock Climate Impact Fund

Thailand's Gulf Energy Development will invest €75 million (about $77.3 million) in Lightrock Climate Impact Fund.LCI Fund is advised by Lightrock and has a fund...

10 August 2022

Balderton appoints first head of impact and sustainable future goals

Balderton Capital has appointed Elodie Broad, an experienced leader in corporate sustainability and sustainable finance, as its first Head of Impact and Sustainable...

10 August 2022
in
Finance and other

JICA mandates lead managers for FILP bonds

JICA has mandated lead managers for the ten-year Fiscal Investment and Loan Program Agency Bonds and the 20-year FILP Agency Bonds. The bonds are denominated in JPY...

10 August 2022
in
Social infrastructure

IDB Invest provides MXN1.5bn for housing in Mexico

IDB Invest is lending MXN1.5 billion ($74 million) to Inmobiliaria Ruba, a leading house developer in Mexico. The project aims to develop low-income and middle-income...

10 August 2022
in
Finance and other

ADB, Japan, Ireland grant $5.25m to Vanuatu

ADB has signed a $3.5 million grant agreement with Vanuatu’s government to address the needs of poor and vulnerable groups affected by the Covid-19 pandemic and to...

10 August 2022
in
Manufacturing

EIB funds electrification of Colle rental machinery

The Netherlands' Colle Rental & Sales has signed a €50 million loan agreement with the EIB. The Sittard-based company will use the financing for the...

10 August 2022
in
Renewable energy, Social projects

EIB lends €92m framework for green energy SMEs in Austria

EIB is providing a framework loan of €92 million to UniCredit Bank Austria to support its goals of generating 100% renewable electricity by 2030. The initial loan...

10 August 2022
in
Finance and other

EBRD, EU provide €3.5m for SMEs in Albania

EBRD is extending a €3 million loan and the EU is providing €450,000 in incentive grants to ProCredit Bank in Albania. The financial package aims to improve the...

10 August 2022
in
Climate finance, Waste and water

EPAP III receives €4m grant from EU

The EU has agreed to grant €4 million to Egypt's Ministry of Environment to finance the third phase of the Industrial Pollution Abatement Programme...

09 August 2022
in
Climate finance, Renewable energy

InfraCo Africa invests $43m in climate-focused fund

InfraCo Africa has signed a $43 million anchor investment into Climate, Energy Access and Resilience (CLEAR), a climate-focused fund advised by Helios Investment...

09 August 2022
in
Waste and water

Cameroon launches call for tenders for Benue River project

Cameroon's government is launching a call for expressions of interest as part of the project to develop the Benue River, a watercourse located in the north of the...

09 August 2022

New AfDB role for Alex Mubiru

AfDB has appointed Dr Alex Mubiru as Director General, Cabinet Office of the President, with effect from 16 August.He brings almost 25 years of experience with track...

09 August 2022
in
Finance and other, Social projects

Bancoagricola receives $70m more from IFC for MSMEs

Bancoagricola has increased its financing to MSMEs led by women and climate-smart investments by 30%. The increase has been achieved through its partnership with the IFC...

09 August 2022
in
Climate finance, Renewable energy

AltaSea launches first funds, totalling $600m

AltaSea, a marine research centre and ‘blue economy’ incubator based in California, is preparing to launch two new investment funds totalling $600 million....

09 August 2022
in
Social projects

World Bank commits further $4.5bn for Ukraine

The World Bank has announced $4.5 billion in additional grant financing will be mobilised for Ukraine under the PEACE Project. The additional grant plans to sustain...

09 August 2022
in
Finance and other, Renewable energy

IDCOL secures $80m loan from KfW for renewables project

Bangladesh’s Infrastructure Development Co. (IDCOL) has secured an $80 million loan from KfW for ‘Renewable Energy Programme II’ which plans to support...

09 August 2022

Russia plans to withdraw majority stake of Eurasian Development Bank

Russia is planning to give up its majority stake in the Eurasian Development Bank (EDB), which was originally formed by six formerly Soviet states, in order to promote...

09 August 2022
in
Social infrastructure

JICA signs ODA loan for Cambodia's port expansion project

JICA has signed an ODA loan agreement with Cambodia for up to JPY41 billion ($303 million) for the Sihanoukville Port New Container Terminal Expansion Project...

09 August 2022
in
Social projects

IDB to lend $80m to Argentina for MSMEs

The Inter-American Development Bank (IDB) has approved an $80 million loan to Argentina which aims to increase the productivity of MSMEs. The project plans to promote...

09 August 2022

Norfund takes stake in Sri Lanka's NDB

Sri Lanka’s National Development Bank (NDB) has announced that Norfund will invest up to 9.9% of equity by taking up unsold shares in a rights issue given to...