Korea plans $13.9bn strategic industries fund
South Korea plans to launch a KRW20 trillion ($13.9 billion) sovereign wealth fund next year to invest in strategic domestic industries. The fund will be established...
South Korea plans to launch a KRW20 trillion ($13.9 billion) sovereign wealth fund next year to invest in strategic domestic industries. The fund will be established...
ADB will deploy $450 million in loans for Cambodia and Sri Lanka to protect poor households and strengthen economies facing Middle East conflict impacts. The package...
Proparco is providing KMF Bank with a $50 million senior loan to expand financing for micro and small businesses in Kazakhstan. The facility will increase access to...
BNDES has approved access to BRL8 billion ($1.6 billion) of FNAC resources for working capital financing to four Brazilian airlines. The credit is available to Azul...
Impact Fund Denmark is providing a $22.5 million sustainability-linked loan to ETG to support African farmers' access to fertiliser and markets. The financing...
BGK sold PLN2.68 billion ($720 million) of rescue fund bonds for the Covid-19 Response Fund. Demand for the bonds totalled PLN4.19 billion.The four series sold were...
CABEI approved a Global Credit Line of up to $14 million for Banco Promerica Honduras to finance MSMEs and productive sectors. The financing will allow Banco...
AFD approved a €500,000 ($580,000) grant for Serbia's nuclear programme under a partnership with EDF Group. Serbia has signed a partnership agreement with EDF...
EAAIF has signed a senior debt financing agreement of up to $50 million with Ukko Renewable to develop renewable energy projects in Southeast Asia. The facility will...
Porter Aviation Holdings, the parent company of Canadian airline Porter Airlines, has signed financing with BNDES for up to 19 Embraer E195-E2 aircraft. BNDES's...
ADB has approved a $250 million loan for construction of a bypass around Tbilisi to improve road connectivity and ease congestion in Georgia. The financing will...
IFC and HSBC are providing up to $40 million in loans to South Asia Gateway Terminals to modernise operations at the Port of Colombo in Sri Lanka.The package comprises a...
The National Wealth Fund and West Suffolk Council have signed an £8.795 million ($12 million) loan facility for the AME Centre in Bury St Edmunds. The...
BNDES has approved BRL20 billion ($3.9 billion) under BNDES Mais Mobilidade for renewal of heavy vehicle fleets in Brazil. The credit line supports the purchase of...
AfDB's SEFA will provide a $2 million reimbursable grant for two renewable power mini-grids in Ethiopia. The funding was approved under the Distributed Renewable...
The World Bank Group approved $750 million in IBRD financing for Ecuador through a budget support operation to promote growth and job creation. The financing...
Qingfeng Zhang has been appointed Asian Development Bank country director for Bangladesh. His remit includes strengthening ADB's partnership with the government...
CABEI has approved a $50 million increase to the Global Credit Line granted to El Salvador's Social Housing Fund for housing access. The increase brings the...
ADB has approved an $850 million loan to India to accelerate rooftop solar adoption by households. The financing covers subprogram 2 of the Accelerating Affordable...
Polish energy company Tauron has signed new financing worth over PLN1.12 billion ($294 million) for the construction of what will become the country's second-largest...