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17 May 2024
in
Renewable energy

10MW Tunisian solar project receives EBRD funds

EBRD is financing the construction of a 10MW solar power plant in the Feriana region of Tunisia.The financing package entails a €3.9 million EBRD loan and up to...

17 May 2024

IFC and Ecobank Transnational support trade finance in 7 African countries

To promote trade and foster economic growth in Africa, IFC announced trade finance facilities with seven Ecobank Transnational Incorporated (ETI) subsidiaries operating...

17 May 2024

EBRD guarantee to Ukraine’s OTP to unlock €80m of new business finance

EBRD is extending an unfunded portfolio risk-sharing facility to Ukraine’s OTP Leasing to unlock €80 million (about $87 million) of new leasing finance for...

17 May 2024
in
Social infrastructure, Traditional energy

Financing last-mile connections in Africa

Low-income household energy projects in Africa are increasingly being financed via securitisation structures. The deals are relatively small, but the impact could prove...

17 May 2024
in
IT and telecoms

BNDES finances expansion of telecommunication services in Brazil

BNDES has approved BRL146.1 million ($28.5 million) in financing to Brisanet Servicos de Telecomunicacoes to support the expansion of telecommunications services in...

17 May 2024
in
Social infrastructure

Bengaluru suburban rail project receives KfW, EIB funds

Bengaluru suburban rail project has received a INR26.9 billion ($322.5 million) loan from EIB to enhance Bengaluru's public transportation. Additionally, KfW has...

17 May 2024

IFC to support private sector-led growth in Rwanda

IFC has announced five new partnerships with the Government of Rwanda to support the country in strengthening its economy and creating jobs. These collaborations are...

17 May 2024
in
Finance and other

EBRD provides €70m risk-sharing facility to ProCredit Bank Ukraine

EBRD is providing an unfunded portfolio risk-sharing facility to ProCredit Bank Ukraine, to unlock €70 million ($76.1 million) of new financing, allowing the bank to...

17 May 2024
in
Social projects

IDB Invest supports Farmacorp to raise access to pharmaceutical products in Bolivia

IDB Invest will provide financing of up to $5 million to Farmacias Corporativas (Farmacorp), one of the largest pharmacy chains in Bolivia, to increase access to medical...

17 May 2024

EBRD and EU boost funding for Armenian firms via Inecobank

EBRD and the EU are stepping up their support for Armenian MSMEs to help them become more competitive, both domestically and internationally, and to reduce their carbon...

17 May 2024

EBRD scales up support for MSMEs in Armenia

EBRD is boosting its support for MSMEs in Armenia by extending new financing to Armeconombank.The EBRD’s loan of up to $10 million (€9.2 million) will be...

16 May 2024
in
Climate finance, Social projects

IMF clears SDRs for hybrid capital

The IMF has approved hybrid capital as an eligible instrument for channeling of Special Drawing Rights (SDRs) in a move to help unlock new lending by multilateral...

16 May 2024
in
Traditional energy

KfW to fund Serbia biomass project

Serbia is set to receive €31.925 million ($35 million) for the development of its biomass market, in a project that aims to ensure consumers are connected to...

16 May 2024
in
Finance and other

Nigeria advances plans for Regional Maritime Development Bank

Nigeria is advancing plans to set up a Regional Maritime Development Bank.With an envisaged capital base of $1 billion, RMDB is set to boost the region’s maritime...

16 May 2024
in
Traditional energy

ADB agrees $148.5m to support Sikkim's power distribution sector

ADB has approved a $148.5 million loan to help strengthen, modernize, and climate-proof the distribution system to enhance reliability, quality, and resilience of...

16 May 2024

IBRD issues new cat bond for Mexico’s Pacific hurricane risk

IBRD issued a new catastrophe bond that finances $175 million of additional insurance protection for the government of Mexico against named storm events occurring on the...

16 May 2024
in
Finance and other

IDB Invest raises A$600m via kangaroo green bond

IDB Invest raised A$600 million ($400.6 million) through a five-year fixed rate green bond. This is IDB Invest’s third public benchmark in the Australian market and...

16 May 2024
in
Traditional energy

EBRD helps finance landfill gas-to-energy facility in Tbilisi

EBRD is extending a €16 million ($17.4 million) sovereign loan to the government of Georgia to continue modernising its solid waste management and financing...

16 May 2024

Khan Bank receives green lending package from EBRD

EBRD is promoting green and inclusive lending in Mongolia by offering funds of up to $20 million (€18.4 million) to the country’s largest commercial lender,...

16 May 2024
in
Traditional energy

NIB finances Icelandic electricity grid project

NIB has signed a 15-year investment loan of $50 million with Iceland's transmission system operator, Landsnet hf. The loan will be used to finance the construction of...