In depth
04 November 2024

TXF, Proximo and Uxolo mourn the loss of Sean Keating

Exile Group is devastated to announce the death of our editor, Sean Keating. More

News
06 November 2024

Verdane closes Idun II at €700m hard cap

European specialist growth investment firm Verdane has announced final close of the Verdane Idun II fund at its €700 million hard cap. Idun funds back companies that are helping to bring about a more sustainable future as they scale. Idun II, which is classified as an “Article... More

News
06 November 2024

Genneia secures funding for 2 solar PV plants in Argentina

Argentinian wind and solar power producer Genneia has secured a $100 million syndicated facility from Dutch development bank FMO, FinDev Canada, and France's Proparco.Acting as lead arranger and facility agent, FMO contributed $30 million as lender. FinDev Canada and Proparco participated as... More

In depth
01 November 2024

Euro gigafactories: Parking debt

Europe’s gigafactory bubble is bursting with battery makers Northvolt and ACC halting schemes amid waning demand for EVs. With project sponsors reviewing business models, debt parking arrangements are underway. Have Europe’s EV hopes lost charge? More

News
06 November 2024

IDB Invest and Danper boost Peru's agro-export chain

IDB Invest has provided a loan of up to $35 million to Danper, a Peruvian agro-industrial company, to increase agricultural production and drive export growth. The project will support Danper's efforts to strengthen its supply chain by increasing purchases from local suppliers, including... More

News
06 November 2024

IFC participates in Bajaj Finance’s $ 1bn fund raise

IFC has partnered with Bajaj Finance Limited (BFL) to invest $400 million out of a $1 billion fundraising exercise to help improve and expand access to climate finance for electric vehicles and energy efficient consumer goods, as well as support women-owned microenterprises and women micro-borrowers... More

News
06 November 2024

CEB funds over 350 cooperative housing units in Catalonia

CEB has approved a €31 million ($33.3 million) loan, backed by the InvestEU guarantee programme, to Sostre Cívic, Catalonia’s largest housing cooperative. The loan will finance the construction of more than 350 cooperative housing units on publicly owned land, increasing... More

News
06 November 2024

EBRD and Quds Bank support Palestinian MSMEs

EBRD is supporting Palestinian MSMEs by providing a $8 million loan to Quds Bank, one of the largest local banks in the West Bank and Gaza.The Palestinian economy has been severely impacted by the war in Gaza, suffering an estimated 35% contraction as of June 2024 and an unprecedented unemployment... More

News
06 November 2024

Vietnamese sustainable development is supported

The Swiss government and the World Bank have signed an agreement to promote green and resilient growth in Vietnam's major cities. The $5 million grant initiative, financed by the Swiss State Secretariat for Economic Affairs, also aims to strengthen the ongoing partnership between... More

News
05 November 2024

OCP partners with ECA, DFI to support decarbonisation

Morocco’s fertilizer giant OCP is working with Bpifrance and Agence Francaise de Developpement to help decarbonise the country's industry.The partnership is part of the three groups’ commitment to support strategic projects developed by OCP in collaboration with French companies... More

News
05 November 2024

Nepal gets ADB funds for electricity transmission upgrade

ADB has approved a $311 million loan to improve and modernize electricity transmission and distribution infrastructure in Nepal.The project will finance a total of 290km of power transmission lines from Dailekh to Jumla, New Butwal to Lamahi, Nijgadh to Ramauli, and Teenpiple and Okharpauwa. It will... More

News
05 November 2024

Public funding for nature conservation stalls at COP16

Wealthy nations appeared to hit a limit with how much they are willing to pay to conserve nature around the world, instead shifting their focus at the two-week UN biodiversity summit toward discussions of private money filling the funding gap.At the COP16 negotiations in Cali, Colombia, countries... 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
05 November 2024

BII, Stan Chart pen $350m risk participation deal

BII and Standard Chartered have signed a $350 million risk participation agreement to bolster the trade finance needs of SMEs and corporates across Africa and South Asia.Since the initial agreement in 2013, Standard Chartered and BII have enabled over $10 billion in trade volumes in over ten... More

News
05 November 2024

Paraguay strengthens tax and custom admin with IDB support

Paraguay will promote the digital transformation of its tax and customs administration with a $30 million loan from IDB.The program will support the National Tax Revenue Directorate (DNIT, for its Spanish acronym) to enhance the efficiency of domestic tax and customs revenue collection and improve... More

News
05 November 2024

First EBRD portfolio risk sharing facility to support Moldova trade

EBRD is extending an unfunded portfolio risk-sharing facility to Moldova’s OTP Bank to unlock €30 million ($32.6 million) of new finance for the country's business sector, with a focus on agriculture and trade.  This is the first such facility signed in Moldova, building on EBRD... More

News
05 November 2024

Samoa's digital transformation gets World Bank support

A new $20.05 million World Bank grant to support the Digitally Connected and Resilient Samoa Project is expected to benefit an estimated 215,000 Samoans by increasing access to essential government services, education, healthcare, and economic opportunities.The project aims to accelerate Samoa's... More

News
05 November 2024

$100m ADB loan to strengthen Armenia’s fiscal sustainability

ADB has approved an €89.47 million ($100 million) policy-based loan as Subprogram 2 of Armenia’s Fiscal Sustainability and Financial Markets Development Program.  The reforms promoted under this programmatic approach, supported by ADB in partnership with AFD, strengthen... More

News
04 November 2024

Cimsa's cement decarbonization targets backed by IFC

IFC has agreed a $70 million green loan to Cimsa Cimento (Cimsa), a leading cement manufacturer in Turkiye, to support its decarbonization project.IFC’s investment will help fund Cimsa’s decarbonization plans, which include energy efficiency investments, modernization, and the... More

News
04 November 2024

New EIB-CDP deal to provide €1bn in support for public sector

EIB and Italy's CDP are strengthening their cooperation to promote public sector investment in key sectors of the Italian economy. Up to €1 billion in new funds will support sustainable regional growth and public sector investment in various sectors with a positive impact on... More

News
04 November 2024

Kazakhstan secures €365m syndicated loan for hospital project

Kazakhstan has secured a €365 million (about $396 million) syndicated international loan, organized by EBRD, to build a 630-bed hospital in Kokshetau.The syndicate includes the AIIB, DEG, the Islamic Corporation for the Development of the Private Sector, Proparco, and the Development Bank of... More