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13 May 2024

World Bank provides emergency support to Rio Grande do Sul

World Bank is providing emergency support to the state of Rio Grande do Sul, heavily impacted by recent rains and floods. Around $125 million in resources from...

13 May 2024
in
Finance and other

NIB renews Municipal Guarantee Board’s revolving credit agreement

NIB and the Municipal Guarantee Board have agreed to extend their €200 million ($215 million) revolving credit agreement for five years. The credit strengthens the...

10 May 2024
in
Climate finance

CDF and OFC team up for Galapagos conservation

The Charles Darwin Foundation (CDF) and Oceans Finance Company (OFC) have announced a strategic partnership aimed at advancing crucial long-term conservation initiatives...

10 May 2024

M&G commits to EFSE blended finance vehicle

M&G Investments has committed €107 million ($115 million) into the €1.3 billion European Fund for Southeast Europe (EFSE), a blended finance vehicle with...

10 May 2024

Blended finance capital charges could be lowered

Capital charges for blended finance products could be cut under plans being discussed by the European Commission.The move would make it cheaper for investors to allocate...

10 May 2024

Summit aims to close clean cooking funding gap for African Women

Development partners gathering in Paris on May 14 are expected to pledge towards the $4 billion needed to provide clean cooking access for 250 million African women by...

10 May 2024
in
Social infrastructure

AFC, CDP form partnership to boost Italian-African infrastructure

AFC and CDP have signed an MoU that sets out to enhance Italian-African business collaboration.The strategic alliance endeavours to bolster African infrastructure,...

10 May 2024

EIB pens €470m green finance loan with Valencia

EIB has signed a €470 million ($506.7 million) loan with the regional government of Valencia to co-finance a series of green, social and digital investments in the...

10 May 2024
in
Renewable energy

Sudene deliberating solar project financing request

Brazilian government agency Sudene has received a request for BRL400 million ($77.7 million) of funding from Rio Alto Energias Renovaveis Group to finance four solar PV...

09 May 2024
in
Renewable energy

DFC, EBID support reliable energy project in Sierra Leone

DFC has agreed up to $412 million in financing and political risk insurance in support of Sierra Leone's plans to address rolling blackouts and expand its power...

09 May 2024
in
Finance and other

New World Bank country director role for Mariam Sherman

World Bank has appointed Mariam Sherman as its new Country Director for Vietnam, Cambodia, and Lao PDR. She brings nearly 30 years of experience to her new role.Based in...

09 May 2024
in
Renewable energy

AFD finances floating solar project in Mexico

CFE has secured a 15-year financing deal of €150 million ($161 million) from AFD to support the construction of a floating solar power plant in the northern states...

09 May 2024
in
Traditional energy

JICA to finance Bistrica hydropower project in Serbia

JICA is to help finance the Bistrica pumped storage hydropower project in Serbia. The project, which will consist of four turbines, is expected to cost €1.2 billion...

09 May 2024
in
Finance and other

EIB steps up support for security and defence industry

EIB has approved an updated definition of dual-use goods and infrastructure eligible for EIB financing, with a focus on supporting the security and defence industry. As...

09 May 2024

IFC supports Turkish SMEs with TEB investment

A new IFC investment in Turk Ekonomi Bankası (TEB) aims to bolster access to finance for SMEs, with a focus on climate mitigation and adaptation projects, women-owned...

08 May 2024
in
Renewable energy

REC turns to ECA and DFIs ahead of rise in demand for loans

India's state-run REC is planning to tap overseas ECAs and DFIs for funds as it prepares itself for a jump in demand for loans from all segments of the power industry...

08 May 2024
in
Renewable energy

EBRD mulls Bulgarian merchant solar project loan

The EBRD is considering providing a €50 million ($53.8 million) senior secured loan to Tenevo Solar Technologies to partially finance a €161.7 million 238MWp PV...

08 May 2024
in
Renewable energy

responsAbility invests up to $35m in AMPIN

responsAbility will invest up to $35 million in Indian renewable energy transition company AMPIN Energy Transition. The deal is part of its broader $500 million climate...

08 May 2024
in
IT and telecoms, Renewable energy, Social infrastructure

Finance agreements signed on 3 US-Angolan infra projects

Final agreements for three US Ex-Im-supported Angolan projects under President Biden’s flagship Partnership for Global Infrastructure and Investment (PGII) have...

08 May 2024
in
Social projects

JICA provides grant to strengthen Kenya's healthcare capacities

JICA has signed a JPY3.056 billion ($19.87 million) grant agreement with the government of Kenya to support the project for strengthening the research capacity of Kenya...