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News
17 September 2024
in
Climate finance

UK to give ADB guarantee to unlock climate finance

The UK will next month provide a guarantee for the Asian Development Bank to help unlock more than $1 billion of climate finance for developing countries, according to UK...

News
17 September 2024
in
Waste and water

WaterEquity announces $100m+ raised for new impact fund

WaterEquity, an asset manager dedicated to financing water and sanitation solutions in emerging and frontier markets, has achieved a milestone in raising more than $100...

News
17 September 2024
in
Traditional energy

NIB finances Energi's grid investments in southern Norway

NIB and Energi have signed a ten-year loan to enhance and strengthen the distribution networks in southern Norway.The NOK1 billion (about $95 million) loan will help...

News
17 September 2024
in
Mining

Black Rock signs $179m Mahenge financing deal

Black Rock Mining and its 84%-owned Tanzanian subsidiary, Faru Graphite Corporation, have signed a $179 million deal with Development Bank of Southern Africa, the...

News
17 September 2024
in
Finance and other

ADB appoints new country director for Bangladesh

ADB has appointed Hoe Yun Jeong as its new Country Director for Bangladesh.Jeong will lead ADB’s operations in Bangladesh and policy dialogue with the interim...

News
17 September 2024

Kaunas gets EIB funds for district heating project

Kauno Energija, the district utility company in the Lithuanian city of Kaunas, will upgrade and extend its district heating and hot water supply system with €35...

News
17 September 2024
in
Climate finance, Social infrastructure

Moldova receives forest, railway funding

EIB and the government of Moldova agreed a €200 million loan for forest development and a €12 million EU grant for railway infrastructure improvements. The...

News
17 September 2024

Erste Asset Management acquires 100% shares in I-AM

Erste Asset Management has signed a purchase agreement to acquire 100% of the shares in Vienna-based Impact Asset Management (I-AM).The deal, currently awaiting...

News
17 September 2024
in
Finance and other

LuxSE and CEB mark €10bn of Social Inclusion Bonds

CEB has passed the €10 billion mark in total Social Inclusion Bond issuance since its first social bond was issued in 2017.With the social development bank’s...

News
17 September 2024

CDB, IFAD pen project finance partnership

Caribbean Development Bank and the International Fund for Agricultural Development (IFAD) are partnering to enhance the effectiveness of project procurement...

News
16 September 2024

Eiffel raises €777m for impact debt fund

Eiffel Investment Group has raised €777 million (about $864.5 million) for its second impact debt fund from a range of institutional investors.The Paris-based asset...

News
16 September 2024
in
Renewable energy

Sicily wind farm receives EIB, Natixis funding

A project to build a new wind farm in Sicily has received a €97 million loan ($107.8 million) from EIB and Natixis. The green loan financing was structured on a...

News
16 September 2024
in
Traditional energy

Adani, Africa50 get $1.3bn concession for Kenya power lines

The Kenya Electricity Transmission Company (Ketraco) has awarded Adani Group and Africa50 a public-private partnership concession to construct high-voltage power...

News
16 September 2024
in
Agriculture/food chain, Climate finance

Proparco makes 1st VC fund investment in India

Proparco has invested $5 million in Omnivore’s third fund, the Omnivore Agritech & Climate Sustainability Fund. Omnivore supports founders advancing...

News
16 September 2024
in
Social infrastructure

AIIB, ADB fund Indian electric bus project

ADB and AIIB agreed INR7.2 billion (about $85.8 million) to the JBM Group to expand access to electric buses in the Indian states of Haryana and Odisha. ADB was the MLA...

News
16 September 2024
in
Waste and water

OCP gets IFC funds for sustainable water project

IFC has agreed a €100 million (around $108 million) loan to OCP Group to increase the supply of sustainable water for fertilizer production, farmers, and households...

News
16 September 2024

NIB signs sustainability-linked loan with Kesko

NIB and Finnish retailing conglomerate Kesko have signed a €150 million seven-year loan linked to Kesko’s goal of reducing greenhouse gas emissions and food...

News
16 September 2024
in
Renewable energy, Traditional energy

Battolyser Systems closes €30m Series A funding round

Battolyser Systems has raised €30 million ($33.4 million) in Series A funding from Global Cleantech Capital, Innovation Industries, and Invest-NL.The company will...

News
16 September 2024
in
Social infrastructure

Spanish electric motorcycle sector gets EIB boost

EIB and Spain-headquartered Stark Future have signed a €40 million credit facility to finance the company’s research, development and innovation activities in...

News
16 September 2024
in
Finance and other

New ADB role for Xinning Jia

ADB has appointed Xinning Jia as Director General of its Strategy, Policy, and Partnerships Department.As Director General she will lead the planning, implementation, and...