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News
21 October 2024
in
Renewable energy

Iberdrola raises R&D loan from EIB

Iberdrola has raised a €120 million ($129.8 million) loan from the EIB. The signed debt facility will partially fund a €250 million research and development...

News
21 October 2024
in
Social projects

CABEI issues its first Mother Health Bond

CABEI has issued a A$210 million ($139.8 million) 15-year bond, the proceeds of which will provide food security through stable nutritional supply support for...

News
21 October 2024
in
Social infrastructure

Jamaica's KiWI project closes on Phase 1 financing

Jamaica has signed a $12 million loan with the IBRD for Phase 1 of the Kingston Waterfront Improvement (KiWI) project. The deal signed on 18 October at the Ministry of...

News
21 October 2024
in
Social projects

AfDB providing $100m for Nigeria YEIB initiative

AfDB has approved a $100 million loan to increase access to finance for youth and women-led SMEs, under the Nigeria Youth Entrepreneurship Investment Bank (YEIB)...

News
21 October 2024
in
Finance and other

TBC Bank raises local currency loan from EBRD

EBRD is extending a $25 million equivalent locally denominated loan to TBC Bank, for on-lending to private businesses in Georgia. The funding will boost local-currency...

News
21 October 2024
in
Finance and other

Second tranche of EIB's Deutsche Leasing facility signed

The EIB and Deutsche Leasing have signed the second tranche of a €200 million approved EIB financing for a €560 million project designed to support small...

News
21 October 2024

EAIF expands mandate and gets new name

The Emerging Africa Infrastructure Fund (EAIF) has expanded its geographic mandate to include South and Southeast Asia. EAIF has consequently been renamed the Emerging...

News
21 October 2024

EBRD to take stake in EfTEN real estate fund

The EBRD is to make an equity commitment of up to €20 million ($21.7 million) in Usaldusfond EfTEN Special Opportunities Fund (EfTEN SOF), a real estate fund managed...

News
21 October 2024
in
Traditional energy

EBRD backing NEPCO transmission project

The EBRD has granted a loan of up to $28.25 million to Jordan's National Electric Power Company (NEPCO) to support its expansion plans.The financing will be directed...

News
21 October 2024
in
Waste and water

JICA backing Toamasina water project

JICA has signed a JPY2.896 billion ($19.3 million) grant agreement with the Government of the Republic of Madagascar to provide grant aid for ‘The Project for the...

News
21 October 2024

Ecobank closes on notes issue

Ecobank Transnational Incorporated (ETI) has closed on $400 million of 10.125% notes due 15 October 2029. Proceeds from the issuance will be used for general corporate...

News
18 October 2024
in
Social infrastructure, Traditional energy, Waste and water

SFD details new loans for Serbia

The Saudi Fund for Development has signed three development loan agreements with Serbia worth $205 million to support agriculture, education and energy. SFD will...

News
18 October 2024
in
Climate finance

El Salvador closes world's largest debt buyback for river conservation

El Salvador has sealed a debt buyback deal where savings generated will be used to fund conservation of the country's main river and its watershed.JPMorgan arranged a...

News
18 October 2024

ECHEM to tap foreign banks for $700m

The Egyptian Petrochemicals Holding Company (ECHEM) is planning to secure $700 million in financing from foreign banks, sources said.The banks include Emirates NBD,...

Perspective
18 October 2024
in
Climate finance

Debt of a naturalist

The pipeline of repeat and debut debt-for-nature swaps is ballooning – a signal that the growth and deal size the market needs for significant environmental impact could...

News
18 October 2024
in
Renewable energy

Liberia breaks ground on first utility-scale solar plant

Construction is underway on Liberia’s first utility-scale solar plant.The 20MW facility is being built in Harrisburg, a district in Montserrado county, at the site...

News
18 October 2024

BeDimensional's new graphene plant gets EIB support

EIB is offering Italian materials manufacturer BeDimensional financial support to expand production of cutting-edge graphene that promises to help Europe bolster its...

News
18 October 2024
in
Social projects

Kenyan SMEs, youth and women supported by EIB, KCB

EIB and KCB Bank Kenya have announced a €230 million (KES32 billion) partnership to support SMEs, youth and women in Kenya. Of the total, €115 million will...

News
18 October 2024
in
Social projects

CAF signs up to alliance against hunger and poverty

CAF has formally joined the Global Alliance against Hunger and Poverty.The initiative was proposed by Brazil during its G20 Presidency, aimed at establishing an...

News
17 October 2024

IDB approves landmark anti-organised crime loan in Ecuador

IDB has approved a $150 million loan and a $5 million grant to support Ecuador in preventing crimes associated with organised crime groups.The loan has a repayment term...