EIB has signed an initial €450 million tranche of a €1.34 billion loan with Portugal to co-finance construction and renovation of around 12,000 affordable housing units. The framework loan aims to address housing needs in Portugal by supporting an investment programme that promotes... More

Infinity Power has secured financing for its first greenfield wind farm in Egypt. The company received a $74.1 million financing package from EBRD for the 200MW project. The package includes a senior loan of up to $60.7 million, a concessional loan of up to $3.38 million from the Green Climate... More

Australia’s Clean Energy Finance Corporation (CEFC) is to receive an additional A$2 billion ($1.3 billion) and a new mandate to accelerate wind and solar deployments.The funding is designed to break recent financial bottlenecks that have resulted in a lack of new wind and insufficient solar... More

IDB has approved a loan of up to $177.3 million to the ministry of justice and human rights of Peru for the comprehensive improvement of social reintegration services. The funding aims to modernise prison system management, professionalise personnel, and expand rehabilitation, educational,... More

IDB has approved a $170 million loan to El Salvador for improving public services and urban infrastructure in Santa Tecla and La Libertad. The financing will be used to revitalise municipal markets in both districts, ensuring they are fully accessible and climate-resilient. Additional proceeds... More

IFC has provided a $100 million loan to FirstRand Bank to expand access to finance for MSMEs in South Africa, targeting businesses in sectors that have traditionally struggled to access funding. The funding, equivalent to 1.8 billion South African rand, will be deployed by First National Bank,... More

DenizBank in Turkiye has issued a $270 million green bond with IFC investing $100 million to support renewable energy, energy efficiency, and carbon reduction projects. The five-year bond will enable DenizBank to increase financing for climate-linked activities, such as circular economy... More

IDB Invest has signed a $130 million financing package with Dinvertech for the installation and operation of 50 hectares of high-tech greenhouses for mini pepper production in Mexico. The funding structure includes a $120 million long-term loan, of which $80 million is provided by IDB Invest... More

Mirova has committed up to $10 million to ARC Ride to scale electric mobility in Kenya. This transaction marks Mirova Gigaton Fund’s1 first electric vehicle's investment in Sub-Saharan Africa, supporting the large-scale deployment of electric two-wheelers and battery-swapping... More

AIIB and Industrial Development Bank of Turkiye (TSKB) have provided $65 million in senior debt financing for a 100MW solar PV project in Hatay Province.The financing package, with each lender contributing $32.5 million, will support the YEKA Erzin-2 Hatay Solar PV Project, developed under... More

DFC has approved a $75 million equity investment in the US-Ukraine Reconstruction Investment Fund to support initial investments in Ukraine’s critical minerals, hydrocarbons, and infrastructure. The Ukrainian government will match DFC’s contribution for a combined $150 million in... More

ADB has approved a $179 million loan for the Sikkim Integrated Urban Development Project to support urban service improvements in seven towns in Sikkim, India.The borrower is the government of India, with proceeds allocated to enhance water supply, sanitation, mobility, and disaster resilience in... More

EIB has agreed a €450 million (around $488.5 million) loan to Thales to finance its research and development programme in aeronautics and radar technologies through to 2027. The proceeds will fund Thales’ projects aimed at enhancing the safety and efficiency of civil and military... More

The Texel Group, an independent credit and political risk insurance broker, has announced two additions to its broking team in London: Josh McCann and Axel Swiderski. McCann has joined as a director. He was previously at International Finance Corporation, where he spent more than a decade in... More

EBRD has signed a €10 million (to be provided in local currency) loan to Fondation Arrawaj to support MSMEs owned or led by young entrepreneurs in Morocco, with a focus on regions affected by the 2023 earthquake. The financing package, arranged under the EBRD’s Youth in Business... More

AfDB has approved a $25 million equity investment in The Currency Exchange Fund (TCX) to expand local currency financing solutions across Africa. The transaction will reinforce TCX's capital base, increase its risk-bearing capacity, and enable an expanded offering of hedging products for... More

IFC has anchored a GEL350 million (approximately $130 million) healthcare social bond issuance by Georgia Healthcare Group to expand oncology and outpatient care in Georgia. The social bond is the first of its kind in the healthcare sector in the Caucasus and represents the largest corporate... More

The World Bank has named Han Fraeters as division director for Papua New Guinea, Solomon Islands and Vanuatu.Based in Port Moresby, Fraeters will oversee the lender’s $3.4 billion portfolio in the three Pacific nations. The appointment marks the first time the World Bank has established a... More