In depth
15 November 2024

Colombian infrastructure: Slow lane, not dead end

Colombia’s Petro administration has not shown much enthusiasm for concession-based road financings. But the financing record of the last two years suggests that its hostility is fairly muted, and the procurement pipeline is changing rather than closing. More

In depth
11 November 2024

ADB’s Surtani on using the tools for climate mitigation and finance in Asia

Jackie B Surtani, regional director, head of ADB Singapore Office, talks about the ADB’s toolbox for meeting its climate finance goals, and how it, like other MDBs, plans to mobilise private sector capital. Where are we with the ambitious attempts to engage its coal-fired power energy transition... More

News
20 November 2024

MDBs 'failing to attract enough private money in climate fight'

As officials from around the world strive this week to reach a deal on funding for poorer countries to tackle climate change, investment manager Rob Drijkoningen is the sort of person they're hoping will help get them there.Drijkoningen is head of emerging market debt at US asset manager... More

News
20 November 2024

EIB funds construction of Finnish schools

EIB is lending the Municipality of Tuusula in Finland €105 million (about $110 million) to construct school complexes, marking the bank's first venture with smaller Finnish municipalities.The municipality will use the loan to build new facilities for pre-primary, primary and secondary... More

News
20 November 2024

BNDES funds export of Embraer jets to Paraguay

BNDES signed a deal with Paraguay's government to provide BRL600 million ($103.9 million) in financing for the export of six Embraer's Super Tucano fighter planes. BNDES said the deal was its first approved financing operation for exports of defense products in more than 13 years.Brazilian... More

News
20 November 2024

Ukraine gets more EIB funds for critical infrastructure

As part of its Ukraine Solidarity Urgent Response package, EIB is providing €14.5 million in EU guarantee-backed funds to enhance critical municipal infrastructure. This includes water supply and wastewater treatment systems in Mykolaiv and public lighting in Dnipro.Of the funding, €7.8... More

News
20 November 2024

Mini-grid group Hydrobox seals debt investment

Hydrobox, which builds, owns and operates mini-grids in underserved regions, has secured a $9 million debt investment.The funding was provided by FMO and ElectriFI, an EU impact investment facility focused on clean energy access in developing countries.The financing will support eight small hydro... More

News
20 November 2024

NADBank supports sustainable green projects in Mexico

NADBank and Grupo KELQ, a subsidiary of Grupo DINERCAP, have signed a loan agreement for MXN80 million (around $4 million) to support the financing of sustainable green projects within the northern border region of Mexico. Specifically, the loan will support an urban re-densification project in... More

News
20 November 2024

IFC invests $40m in Tanner Servicios Financieros

IFC has made an equity investment of $20 million (in Chilean pesos equivalent) in Tanner Servicios Financieros to strengthen its capital base and support growth, including the creation of a fully licensed and regulated commercial bank subsidiary. Additionally, IFC has provided a long-term... More

News
20 November 2024

Egyptian SMEs boosted by EBRD facility

EBRD is extending an unfunded portfolio risk-sharing facility for up to €25 million to Commercial International Bank to promote on-lending to SMEs in Egypt.  The EBRD facility will help cover up to 50% of the credit risk on as much as €50 million in financing for Egyptian SMEs... More

News
20 November 2024

Kyiv gets EU, EBRD, US funds amid ongoing war

EBRD is lending €50 million to the Ukrainian capital, Kyiv, to help ensure the provision of vital municipal services in the city and mitigate the effects of the ongoing war.A first loss risk cover guarantee from the EU will cover 25% of the loan. This guarantee is vital to the transaction,... More

News
20 November 2024

IDB Invest partners with University of the West Indies

IDB Invest has provided $11 million in long-term financing to the International School for Development Justice (ISDJ), part of The University of the West Indies. This includes a $5 million loan from IDB Invest and $6 million mobilized from Blue Like an Orange Sustainable Capital Fund.The ISDJ... More

News
20 November 2024

EBRD, EU, Bank Respublika support Azerbaijani MSMEs

EBRD is extending a loan of up to $7.5 million in local currency to Azerbaijan’s Bank Respublika. The partner bank will lend the proceeds on to MSMEs.The financing is being provided under the Eastern Partnership SME Competitiveness and Inclusion Programme (SMECI). That programme is supported... More

News
19 November 2024

Red Sea Wind Energy signs Gulf of Suez 2 financing

Red Sea Wind Energy has secured ECA-backed financing for the expansion of the Gulf of Suez 2 onshore wind farm project in Egypt.JBIC provided up to $51 million, with co-financing by EBRD, SMBC, Norinchukin Bank, and Societe Generale bringing the total amount to around $106 million. NEXI is backing... More

Event
Mar 31 - Apr 2, 2025

Americas 2025: Agency, Energy & Infrastructure Finance

EAST Miami Brickell, Florida

Join leading lights from across development, project and export finance for a fast-track to new leads and deals across Latin America.

Full details
News
19 November 2024

Sao Paulo state gets water and sanitation financing

A new investment by IFC aims to improve water quality and expand access to services in low-income communities, while also addressing biodiversity loss and promoting climate mitigation in the State of Sao Paulo.IFC is providing a sustainability-linked loan of up to BRL1,060 billion (about $184... More

News
19 November 2024

Sao Paulo state gets water and sanitation financing

A new investment by IFC aims to improve water quality and expand access to services in low-income communities, while also addressing biodiversity loss and promoting climate mitigation in the State of Sao Paulo.IFC is providing a sustainability-linked loan of up to BRL1,060 billion (about $184... More

News
19 November 2024

AFC secures $300m syndicated loan

AFC has closed a $300 million India-focused syndicated loan, marking a significant milestone in its ongoing strategy to diversify its international investor base. Bank of Africa UK acted as the sole MLA and bookrunner, assembling a syndicate of seven leading Indian banks. This group included... More

News
19 November 2024

Tuvalu seals water and sanitation funding from ADB

ADB and the government of Tuvalu have penned a $16.53 million deal to support the improvement of water supply and sanitation management in Funafuti.The Funafuti Water Supply and Sanitation Project is funded by a $7.34 million grant from the Asian Development Fund. The Global Environment Fund’s... More

News
19 November 2024

Caja 18 receives $45m financing package

IFC has approved a $45 million financing package for Caja 18 to help the group expand its social credit portfolio, targeting retirees and low-income women workers in Chile.The package consists of a $10 million loan, a $30 million loan syndicated by Blue Orchard, ResponsAbility and ILX, and a $5... More

News
19 November 2024

NIB funds Gothenburg’s sustainability investments

NIB and the City of Gothenburg have agreed on an uncommitted credit facility of SEK1.2 billion (almost $110 million), earmarked for investments in sustainable public transport, as well as the city’s climate change adaptation project at the Packhus quay. The 20-year framework agreement... More