Ukraine has finalised all of the steps that are necessary to establish the US-Ukraine Reconstruction Investment Fund.The Ukrainian Agency for Public-Private Partnerships (PPP) and the US International Development Finance Corporation (DFC) recently signed two more agreements related to the... More

Impact investor Acumen has appointed Carsten Stendevad as its new president and chief investment officer. He will work alongside founder and CEO Jacqueline Novogratz. Stendevad has held numerous leadership positions among leading global financial and non-profit institutions. He joins Acumen... More

EBRD is expanding its partnership with Quds Bank via a revolving credit agreement under its Trade Facilitation Programme (TFP). The new arrangement will allow Quds Bank to utilise the existing trade finance framework to issue revolving trade loans which can be lent on to sub-borrowers. The new... More

EIB has priced a new €4 billion three-year EARN benchmark due August 14, 2028. The bond pays an annual coupon of 2.250% and has an issue price of 99.998%, providing a spread of +27.0bps over the OBL 2.200% due April 13 2028. Joint lead managers are BAML, NatWest, Societe Generale, UBS.The... More

EBRD is providing €195 million (about $218 million) to two key infrastructure projects in Turkey's earthquake-hit cities of Adiyaman and Hatay.Of the total EBRD financing, €95 million will cover the construction of wastewater and stormwater networks and facilities in Adiyaman. The... More

ICF, the public development bank of the government of Catalonia, has signed a €100 million loan with EIB to promote the construction and rehabilitation of social infrastructures in Catalonia, Spain. ICF has also signed a €50 million loan with the CEB with the same aim. These... More

Africa50, Gabon Power Company, Wartsila Development & Financial Services and Melec PowerGen have signed a shareholders’ agreement to partner as co-developers of the 125MW Orinko gas-to-power project in Gabon. The plant project is located in Owendo, near Libreville, and will play a... More

The World Bank has approved $270 million financing to bolster Bangladesh's flood recovery efforts and enhance its resilience to future disasters, including support for constructing and rehabilitating critical infrastructure, strengthening agricultural system and improving livelihoods in areas... More

Metrotel has sealed a $50 million secured A/B loan from IDB Invest and Itau Unibanco to expand its fibre optic infrastructure and telecommunications services in Argentina.The financing is secured by guarantees from a set of Argentine and cross-border guarantors, with Citibank and its Argentine... More

EBRD and Evocabank have signed agreements totalling €19.4 million (almost $22 million) aimed at strengthening support for enterprises in Armenia and accelerating the country’s transition to a green economy.The package consists of three facilities: a senior loan of up to €10 million... More

EBRD is organising a financing package of up to $145 million for Mongolia’s biggest lender, Khan Bank, in what is its largest bilateral transaction with a Mongolian financial institution to date.The funding will support the introduction of technologies to enable climate adaptation and improve... More

IFC has agreed a $40 million package to Astarta, a Ukrainian agricultural group, to support the construction of the country's first soy protein concentrate plant. The plant will also produce soybean molasses, a byproduct of production, for its own biogas needs. The investment is in line... More

Kazakhstan's National Atomic Company Kazatomprom has announced that Development Bank of Kazakhstan and Taiqonyr Qyshqyl Zauyty (TQZ) have opened a credit line to finance the construction of a sulphuric acid plant with a capacity of 800,999 tonnes per year in Taikonur, Turkestan region. The... More

Four European DFIs have jointly committed $80 million to BluePeak Private Capital Fund II (BPCF II), a pan-African private credit fund focused on addressing the financing needs of mid-sized businesses in Africa.British International Investment ($30 million), FMO ($15 million), Swedfund ($20 million)... More

EBRD has secured a €10 million contribution to the International Chernobyl Cooperation Account (ICCA) from France.These funds will be used to support the restoration of the key functions of the New Safe Confinement following the Russian drone attack in February 2025. That strike rendered... More

AIIB and Gavi, the Vaccine Alliance are to scale and improve sustainable financing for health and immunisation systems across low-income and lower middle-income countries.The two groups signed a letter of intent outlining concrete ways in which the organisations will collaborate on strategic... More

EBRD is providing a financial package of up to $23 million to Demir Bank to support trade and green innovation in the Kyrgyz Republic. These funds will help to stimulate trade and address pressing environmental issues in a country badly affected by climate change.The package involves a senior loan... More

Finnfund, Finland’s DFI, has completed a multi-tranche green and sustainable bond issuance totalling almost €200 million.This is Finnfund’s first multi tranche issuance and includes the longest ever maturity bond issued under the DFI’s Sustainability Bond Framework, set up in... More