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News
27 September 2023

AFC secures $300m Chexim loan

Africa Finance Corporation has signed a three-year $300 million loan facility agreement with the Export-Import Bank of China. The loan will provide critical...

News
27 September 2023
in
Finance and other

IFC names new country manager for Central Africa Region

IFC has appointed Charlotte Ndaw Sako as its country manager for the Central Africa region. In her Ndaw Sako will lead IFC's strategy and operations to spur...

News
27 September 2023
in
Social infrastructure

EIB funds Bocconi University modernisation

EIB is providing €50 million towards the upgrading and decarbonisation of Bocconi University in Milan to provide modern, sustainable, state-of-the-art facilities for...

News
27 September 2023
in
Social projects

EBRD supports Polish MSMEs

The EBRD has granted a €150 million ($159.4 million) loan to Pekao Leasing, intended to support Polish MSMEs that have been negatively affected by the war in...

News
27 September 2023
in
Finance and other

IsDB tightens price guidance for dollar sukuk

Islamic Development Bank has tightened price guidance for its five-year Islamic bonds to around 54 basis points over mid-swaps from 57 basis points over the same...

News
27 September 2023
in
Social infrastructure

EBRD grants €25m to WAT Motor

The EBRD has provided a €25 million ($26.4 million) loan to WAT Motor in Turkey to finance capacity investment and green initiatives.WAT Motor will utilize the...

News
27 September 2023

ADB, Maxwealth sign deal to expand MSME access to lease financing in China

ADB and Maxwealth Financial Leasing have signed a CNY1 billion ($140 million) senior loan to support lease financing for MSMEs and spur inclusive growth and job creation...

News
27 September 2023
in
Traditional energy

NIB lends to Varanger's hydrogen and power grid projects

The Nordic Investment Bank has signed a seven-year loan agreement with Norwegian utility company Varanger Kraft to upgrade its hydrogen facility for commercial operations...

News
27 September 2023
in
Social projects

IFC, Santander Bank Polska support Forcibly Displaced Persons

IFC is partnering with Santander Bank Polska (SPL) to launch its first investment aimed at assisting Ukrainian Forcibly Displaced Persons (FDPs) as well as Ukrainian...

News
27 September 2023

World Bank funds Solomon Islanders essential services project

The World Bank has approved a new project that will ensure the delivery of resources and improve access to services for thousands of Solomon Islanders in and around the...

News
26 September 2023
in
Renewable energy

AMEA reaches financial close on 120MW solar project in Tunisia

AMEA Power has reached financial close on its 120MW solar PV project in Tunisia. The $86 million project will be the first large-scale, privately financed solar project...

News
26 September 2023
in
Climate finance

AIIB unveils inaugural Climate Action Plan

The Asian Infrastructure Investment Bank has launched its inaugural Climate Action Plan (CAP).Designed to guide AIIB’s climate ambition from 2024-2030, the CAP...

News
26 September 2023

Blended finance key to supporting India’s path to net-zero, says IFC

Blended finance will be key to supporting India's energy transition through its ability to drive more private capital to high-impact climate projects, says an IFC...

News
26 September 2023
in
Social projects

IDB approves $68m loan for education in Florianopolis

The Inter-American Development Bank has approved a loan of $67.8 million to improve education in the municipality of Florianopolis, Brazil. The funds will allow the...

News
26 September 2023
in
Waste and water

Joycot General Contractors debarred by AfDB

AfDB group has announced the 15-month debarment of Kenya's Joycot General Contractors.An investigation conducted by the bank’s Office of Integrity and...

News
26 September 2023
in
Mining

IFC signs $25m loan with Kandil Steel

IFC is partnering with Egypt's Kandil Steel to support the company's operational and financial resilience, support private sector jobs, and help it reduce its...

News
26 September 2023

IFC A/B Loan to Nu Colombia reaches $265m

Nubank, one of the world's largest digital financial services platforms, has announced a significant increase in the A/B loan provided by the International Finance...

News
26 September 2023
in
Finance and other

Sri Lanka approves $200m ADB loan

Sri Lanka's cabinet approved a $200 million loan from the Asian Development Bank as the country focuses on rebuilding its crisis-hit economy. The funds will be...

News
25 September 2023
in
Renewable energy

Sudene okays loan for 360MW wind complex in Brazil

The Brazilian governmental agency Sudene (Superintendency for the Development of the Northeast) has authorised a BRL20.8 million ($4.2 million) loan package for two wind...

News
25 September 2023
in
Renewable energy

EIB's €1.7bn framework financing for Solaria renewable energy rollout

The EIB has approved framework financing of up to €1.7 billion for Solaria to support the construction of some 120 photovoltaic power plants. Mostly located in...