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08 May 2024
in
Agriculture/food chain, Social projects

JICA, CAF provide $150m for MSMEs and agriculture in Brazil

JICA has signed a $100 million loan agreement with Banco Cooperativo Sicredi.. The loan is co-financed with CAF, which has also signed an agreement to provide up to $50...

08 May 2024

Four global development partners pledge new support to LLF 2.0

IsDB, ADFD, BMGF, and KSrelief have joined forces to provide an additional $219 million in donor support for a total of 37 projects in 22 IsDB member countries through...

08 May 2024
in
Waste and water

EIB agrees water services funding to Valle Umbra Servizi

EIB and Valle Umbra Servizi have signed a €35 million ($37.6 million) agreement to boost water service resilience and efficiency in 22 municipalities of the province...

08 May 2024

IFC, M bank boost Mongolian SMEs

IFC and M bank are partnering to expand digital lending for SMEs in Mongolia.IFC will provide up to $30 million in financing to M bank, with 25% of the funding earmarked...

08 May 2024
in
Climate finance

Credit Agricole Egypt secures $20m loan for GCF initiative

Credit Agricole Egypt has secured a senior unsecured loan of up to $20 million under the Green Climate Fund Green Economy Financing Facility Regional Egypt II framework....

08 May 2024
in
Social infrastructure

CABEI agrees $96m for road project in Honduras

CABEI has granted a financing package of $96.3 million for the construction of the Tranche B-1 Bypass El Progreso highway in Honduras. The financing was provided on...

08 May 2024
in
Traditional energy

World Bank approves energy project in Namibia

World Bank has approved an energy project in Namibia, aimed at improving the reliability of the country's transmission network and enabling increased integration of...

08 May 2024

Nadia Calviño appointed as EIF chair

European Investment Fund has appointed Nadia Calvino as Chair of the EIF Board. Calvino, who has served as President of European Investment Bank since January 1, succeeds...

07 May 2024
in
Social infrastructure

IFC funds new hospital in Cumbaya

IFC granted a $25 million loan to Grupo Conclina for the construction of a new hospital in Cumbaya, a new urban growth area located at east of Quito, to promote more...

07 May 2024

EIFO invests in The Footprint Fund I

The Footprint Firm has launched its inaugural venture fund, totalling DKK375 million ($54.1 million). Backed by established investors including EIFO, North-East Family...

07 May 2024
in
Agriculture/food chain

EIFO finances agricultural projects in Ukraine

EIFO has signed a loan agreement with Nibulon, an agricultural company based in Ukraine, for DKK100 million ($14.4 million). This initial draw is part of a total loan of...

07 May 2024
in
Renewable energy

Romania's Urleasca wind farm receives EBRD funds

EBRD is lending over €46 million ($38.8 million) as part of a €93 million package co-financed by OTP Bank to fund development of a 102MW onshore wind farm in...

07 May 2024
in
Finance and other

COFIDE issues social bond for $300m

COFIDE, the development bank of Peru, returned to the international capital market with the issuance of a socially labeled bond for $300 million.The demand obtained...

07 May 2024

AFESD joins IFC's Master Cooperation Agreement

The Arab Fund for Economic and Social Development has joined IFC's Master Cooperation Agreement, becoming the third signatory from the Arab region.AFESD is an Arab...

07 May 2024
in
Social projects

EBRD and Green Climate Fund provide $10m for investments in Armenia

Armenian businesses are set to benefit from a $10 million loan provided by EBRD and Green Climate Fund. The loan, facilitated through Inecobank, will support corporates...

07 May 2024
in
Finance and other

KfW to issue new blockchain-based digital bond

KfW is making strides in embracing cryptocurrency technology within the financial sector by preparing to issue its first blockchain-based digital bond.KfW has already...

07 May 2024
in
Finance and other

EIB and Bank Respublika to boost finance access for MSMEs in Azerbaijan

EIB has partnered with Bank Respublika to provide a €10 million ($10.8 million) loan to support MSMEs in Azerbaijan. This agreement aims to promote financial...

07 May 2024
in
Social projects

ADB and Citi to boost trade financing for SMEs in APAC

ADB and Citi have joined forces to sign a master risk participation agreement aimed at improving access to supply chain financing for SMEs. This collaboration is set to...

07 May 2024
in
Finance and other

ADB approves $1.42bn in 2023 allocable net income

ADB has approved the bank's financial statements for the year, which include a net income allocation of $1.42 billion. This allocation marks the highest in the...

07 May 2024
in
Climate finance

Korea commits $2bn co-financing for ADB projects

Korea has solidified its support for the ADB by signing a MoU that allocates $2 billion in co-financing for ADB sovereign operations over the next three years. The...