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News
24 July 2024
in
Renewable energy

Recurrent taps EIB for solar debt

Recurrent Energy, has reached financial close on a €50 million ($54 million) loan from the EIB. The facility will support the development and construction of a solar...

News
24 July 2024

Swiss Re and Goodcarbon partner on carbon credits insurance

Swiss Re and the nature-based projects marketplace Goodcarbon have partnered on a new carbon credits insurance programme.  It will initially be available to...

News
24 July 2024

CAF expands shareholder base

CAF is expanding its shareholder base with the incorporation of Antigua and Barbuda as a member with Class C shares. This will allow the country to access the technical,...

News
24 July 2024
in
Traditional energy

EBRD supporting MEPSO transmission project

The EBRD is providing a loan of up to €26.4 million ($28.62 million) to state-owned Macedonian Transmission System Operator AD (MEPSO).The loan will be used to fund...

News
24 July 2024
in
Agriculture/food chain, Climate finance, Finance and other, Health/education programmes, IT and telecoms, Manufacturing, Mining, Renewable energy, Social infrastructure, Social projects, Traditional energy, Waste and water

IDB invests in social services in Haiti

The Inter-American Development Bank (IDB) has approved $110 million from its Grant Facility (established for Haiti in 2007 and financed by income of the Fund for Special...

News
24 July 2024
in
Finance and other

ADB approves policy-based grant to Tajikistan

Asian Development Bank (ADB) has approved a $50 million policy-based grant under the The Enabling Climate-Responsive Business Environment Improvement Program to help the...

News
24 July 2024
in
Finance and other

EBRD providing risk-sharing for Intesa Bosnia loans

The EBRD has signed a first risk-sharing framework facility for Intesa Sanpaolo Banka D.D. Bosna i Hercegovina.The framework is designed to allow the EBRD to share...

News
24 July 2024
in
Social infrastructure

ADB backs Nagpur metro project

Asian Development Bank (ADB) has approved a $200 million loan  to expand metro rail corridors and improve transport connectivity in Nagpur, India.The Nagpur Metro...

News
24 July 2024
in
Renewable energy

MIGA provides cover for loan to Codelco

MIGA has issued a 15-year guarantee to Credit Agricole covering the risk of non-honouring of financial obligations by a state-owned enterprise (NHFO-SOE) on a $532...

News
24 July 2024

BADEA launches AAFC

The Arab Bank for Economic Development in Africa (BADEA) launched the Arab-Africa Financial Consortium (AAFC) on 21 July. The AAFC aims to unite African and Arab...

News
23 July 2024

IFC backs V4C Poland Plus II private equity fund

IFC is investing up to €15 million ($16.25 million) into Value4Capital's new V4C Poland Plus II private equity fund to bolster lower mid-market companies in...

News
23 July 2024
in
Social infrastructure

BNDES announces two major infrastructure financings

BNDES has announced two large financing packages for the equivalent of $2.7 billion to support local infrastructure company CCR and aircraft manufacturer Embraer.BNDES...

News
23 July 2024

IFC provides sustainability-linked loan to Ayala Land

IFC is partnering with Ayala Land Inc. (ALI) on its first sustainability-linked financing package.IFC is investing up to PHP14.5 billion ($250 million) in the form of a...

News
23 July 2024
in
Social infrastructure

JICA provides ODA loan for Cambodian road project

JICA has signed a JPY8.293 billion ($53 million) ODA loan agreement with the Cambodian government for the National Road No.5 Improvement Project (Thlea...

News
23 July 2024
in
Social projects

JICA backs Senegal hospital expansion project

JICA has signed a grant agreement with the Government of Republic of Senegal to provide grant aid of up to JPY3.724 billion ($23.85 million) for the expansion of the...

News
23 July 2024

13 SDGs underrepresented with funds

New research conducted by Oxford Risk, a behavioural finance firm, and ESG data provider Impact Cubed, has found that 13 out of the 17 UN SDGs are significantly...

News
23 July 2024
in
Manufacturing

RE&UP closes on financing for textile recycling project

Proparco has granted RE&UP Recycling Technologies – a circular-tech textile recycling venture of SANKO Group – a €70 million senior loan to finance...

News
23 July 2024
in
Finance and other

IDB and Fedecredito back El Salvador's first social bond

IDB Invest has partnered with Fedecredito, a cooperative of financial intermediaries, to support the issuance of El Salvador’s first social bond. The issuance will...

News
23 July 2024
in
Climate finance

IDB partners with GCF for Caribbean climate program

IDB Invest is partnering with the Green Climate Fund (GCF) to launch the Caribbean Net-Zero and Resilient Private Sector Program, which aims to drive greenhouse gas...

News
23 July 2024
in
Renewable energy

SIDBI gets GCF backing for FMAP

The Small Industries Development Bank of India (SIDBI) has raised a $215.6 million loan from Green Climate Fund for one of its projects. The funding will be used to...