Morgan Krone has joined Wilmington Trust as senior associate general counsel for Europe. Krone started at the trustee services firm last week and was previously a partner at Allen & Overy, having been with the law firm since 1996. He was head of A&O's global corporate trust and... More

The World Bank has approved $500 million in funding to create inclusive jobs and revitalise the economy in areas that were devastated by the February 2023 earthquakes in Turkey.Long-standing structural challenges in the labour market were exacerbated by the 2023 earthquakes in the affected... More

IFC and Afriland First Bank Cameroon are partnering to increase access to finance for thousands of smaller businesses in Cameroon.IFC will loan First Bank up to $60 million equivalent in euros, including $20 million from IFC’s own account and $40 million mobilised from other lenders. In... More

EIB and Banca Popolare di Sondrio have signed an agreement aimed at mobilising over €300 million (over $323 million) for SMEs and mid-caps active in the agriculture and bioeconomy sectors in Italy, with a particular focus on green projects. This is the first operation signed by the EIB in... More

AfDB and the Lake Chad Basin Commission (CBLT) have signed a $10.2 million grant agreement to implement the Technical Support Project for the Restoration of the Ecological and Economic Functions of the Lake Chad Basin.The project is funded by the African Development Fund, the bank group’s... More

NORD/LB and European Investment Bank have announced a partnership aimed at accelerating the transition to clean energy across the EU. The new financing will back new small and medium-sized renewable energy projects throughout Europe.Under the initiative, EIB will provide €125 million (almost... More

Azerbaijan is willing to give a $1 billion loan to Pakistan for funding the $1.2 billion Sukkur-Hyderabad motorway (M-6) - but Pakistani government departments remain divided over the mode of financing.Prime Minister Shehbaz Sharif had sought funding for two motorway projects totaling $1.8 billion... More

EBRD is providing an additional loan of up to €72 million to Netherlands-based BIG CEE as part of a €100 million envelope of loans to support its expansion in Serbia and the Western Balkans.The funds will be used to finance the development, upgrade and acquisition of modern retail parks... More

EIB and the government of Ukraine have agreed to direct €50 million of EIB financing to Ukraine’s national railway company, Ukrainian Railways (Ukrzaliznytsia), to upgrade key rail border crossing points with Poland, Slovakia, Hungary and Romania.The upgrade is being co-funded through a... More

MIGA has issued a guarantee of €161.5 million to Erste Group from Austria to cover its investments in Erste Serbia. The guarantee covers against the risk of expropriation of funds of mandatory reserves held at the National Bank of Serbia for up to five years.  The project marks... More

ADB has issued a CNY8.3 billion (about $1.15 billion), three-year bond issue - its largest Panda Bonds to date. The bonds, issued on March 17, 2025, carry a 1.81% coupon. The bonds were well received by both domestic and international investors. The bonds are part of ADB's ongoing efforts... More

The University of Crete will benefit from €95 million in EIB financing to help build affordable student housing and upgrade campus facilities as part of a PPP project awarded to the AKTOR Group. The total long-term financing of €190 million is co-financed equally by EIB and Piraeus... More

Munich-based asset manager Golding Capital Partners has made a final close on its first private equity impact fund of funds, having amassed €115 million in commitments. It is now preparing the launch of a successor fund.The Golding Impact 2021 fund was launched in late 2021, at which point the... More

The Asian Development Bank is preparing a $3 million grant to support emergency and humanitarian needs of the people of Myanmar affected by the 7.7 magnitude earthquake on March 28.The grant, which is being prepared for expedited approval by ADB’s Board of Directors, will be provided through... More

Companies operating in Ukraine are now able to take full advantage of a new war risk insurance instrument, jointly developed by EBRD and Aon.The Ukrainian insurance companies INGO, Colonnade and UNIQA have begun to offer war risk policies backed by the EBRD’s Ukraine Recovery and... More

AfDB has approved a $7.9 million grant to bolster Sao Tome and Principe’s economic recovery. The budgetary support operation aims to strengthen the country’s economic resilience through improved revenue and public expenditure reforms and lay the groundwork for sustainable energy... More

The Asian Infrastructure Investment Bank has opened the nomination process for the election of its next president. The election will be conducted at the 10th Annual Meeting of the bank’s Board of Governors on June 24-26, 2025.Candidates are nominated by AIIB Governors and must be a national of... More

Brazilian data centre group Scala has secured a new line of credit from development bank BNDES.Scala Data Centers will use the BRL180 million($31.3 million) to invest in the acquisition and installation of equipment and materials for the expansion of its data centres.Through the BNDES Machinery and... More