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09 December 2022
in
Social infrastructure

SACE backs EIB loan for new tram line in Padua

SACE is backing a €34 million EIB loan to fund the construction of the new SIR3 tram line in the Italian city of Padua.The financing, supported by Italian ECA...

09 December 2022
in
Agriculture/food chain

EU reaches deal to ban products linked to deforestation

Many products that contribute to deforestation will no longer be importable and sellable in the EU, under a provisional deal struck by EU legislators.The agreement...

09 December 2022

Vanguard quits Net Zero Asset Managers initiative

Vanguard has pulled out of the Net Zero Asset Managers initiative, stating that the move was necessary to provide “clarity” to investors and show that the...

09 December 2022
in
Social infrastructure

More details emerge on $69m Fontibon e-buses PPP

The $69 million Fontibon project involves the acquisition of a fleet of 172 electric buses and associated recharging infrastructure for six bus routes in the Fontibon...

09 December 2022
in
Mining, Traditional energy

Canada ends direct financing of foreign fossil fuel projects

The Canadian government has announced that it will end new direct subsidies for fossil fuel investments and projects abroad.The policy applies to the extraction,...

09 December 2022
in
Social projects

Development Bank of Wales backs biotech firm

Jellagen has closed an £8.7 million ($10.6 million) Series A equity financing round which will allow it to continue the development of a jellyfish-derived...

09 December 2022

Egypt in talks with AIIB and AfDB for Panda bond guarantee

Egypt is in talks with the Asian Infrastructure Investment Bank (AIIB) and the African Development Bank (AfDB) over a guarantee for the Panda bond to be issued soon....

09 December 2022
in
Climate finance

GEF approves $65m for biodiversity

GEF has approved $65 million for its eighth funding cycle, out of which almost half is for biodiversity projects.The Biodiversity Finance Plan Development Support...

09 December 2022

CABEI increases funding for non-founding countries

CABEI has approved a modification to the regulations that increases the maximum limit of financing for non-founding regional and extra-regional member countries.This...

09 December 2022
in
Finance and other

Final close for Creation V impact fund

Creation Investments has announced the final close of Creation Investments Social Ventures Fund V, the most recent portfolio in its flagship private equity fund...

09 December 2022
in
Mining

More details on Trafigura's united $600m loan with TDB

Trafigura has closed on the syndication of a $600 million financing to Eastern and Southern Trade and Development Bank (TDB) - alongside a consortium of other...

09 December 2022

InterOpera completes WB bond tokenization

InterOpera has completed a World Bank bond tokenisation exercise to showcase how advanced blockchain technology can be applied to capital markets products.Alongside IFC,...

09 December 2022
in
Climate finance

British Embassy Algiers climate fund makes call for bids 2022/2023

British Embassy Algiers has announced a call for bids for its climate fund 2022/2023.Activities should focus on the following thematic areas: supporting efforts to raise...

08 December 2022
in
Social infrastructure

Bangladesh mandates ADB to advise on N3 road project

Bangladesh has mandated the ADB's Office of Public–Private Partnership to provide transaction advice on the Joydebpur-Mymensingh Road project to be built along...

08 December 2022
in
IT and telecoms

$200m World Bank loan will boost digital inclusion in Argentina

The World Bank has approved a $200 million loan to support Argentina's digital transformation.The financing will help close the digital divide by expanding the...

08 December 2022

SMEs in Lebanon supported by EBRD and EU

EBRD and European Union are supporting Lebanon’s private sector with a new advisory program to help SMEs to innovate, grow and become more competitive.The new...

08 December 2022
in
Manufacturing, Social infrastructure

AD Ports and AFC unite to address infrastructure gaps

AD Ports Group and Africa Finance Corporation have signed a deal to address infrastructure gaps across the continent.The two organisations will join forces on...

08 December 2022
in
Social infrastructure

ADB provides $780m for rail network in Chennai

ADB has approved a $780 million loan to build new lines and improve the connectivity of the metro rail system at Chennai, the capital of Tamil Nadu state.The project will...

08 December 2022
in
Renewable energy

Indonesia Investment Authority partners with Denmark's IFU

The Indonesia Investment Authority has signed an agreement with Denmark's Investment Fund for Developing Countries for potential joint investments of up to $500...

08 December 2022
in
Manufacturing

NIB funds greener logistic services with PostNord

NIB and the Nordic communications and logistics company PostNord have signed an SEK1.2 billion (about $115 million) loan agreement for the renewal of the company’s...

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