The French government has published a new policy that restricts public finance for fossil fuels from its export credit agency, Bpifrance.The policy is meant to implement France’s commitment to end international public finance for fossil fuels by the end of 2022, which it made at the UN Climate... More

FMO and ILX Management have signed a Participation Agreement to increase private sector mobilization of funds in SDG and climate finance-related projects in emerging markets. Through the agreement, Amsterdam-based ILX has become the participant in the facility agreements FMO has with two... More

The Inter-American Development Bank has voted to fire its president Mauricio Claver-Carone, the bank said.The decision follows an investigation which showed that the only American president in the bank’s 62-year history had an intimate relationship with a subordinate.The bank's 14... More

The Fund for Export Development in Africa has announced its first close of $670 million across its four fund strategies. Of the $670 million raised, $270 million is earmarked for FEDA Direct Equity Fund I, which will provide equity and quasi-equity financing to businesses aligned with... More

EBRD and IFC are investing in the Horizon Capital Growth Fund IV.EBRD has committed up to $40 million in the fund, managed by Horizon Capital, a leading private-equity manager in Ukraine and Moldova, while IFC is investing $30 million.The investments will support tech and export-oriented... More

JICA has signed a grant agreement with Bhutan to provide aid of up to JPY2.994 billion ($20.7 million) for the construction of the Royal Centre for Infectious Diseases.The project aims to realise the proper diagnosis and treatment of serious infectious diseases, prevent the spread of infection... More

EBRD is providing a sovereign loan of up to €18.5 million to the Kyrgyz Republic to finance the reconstruction and rehabilitation of a small HPP units.The units are owned by Chakan GES, a local power plant operation with a total installed capacity of 38.5MW, which is a fully-owned subsidiary of... More

Standard Chartered Bank and the IFC are proposing a funded 50:50 risk-sharing facility in a portfolio of trade-related assets for up to $700 million. IFC plans to invest up to $350 million into the project which falls under the 2009 Global Trade Liquidity Program (GLTP), a global initiative that... More

Afreximbank has commended the governments of Niger and Burkina Faso for adopting a factoring law to support the business activities of SMEs.The enactment of the factoring law by these two countries will support the emergence and growth of factoring, which in turn will support SMEs in these... More

BDC has launched its $500 million Thrive Venture Fund and Lab for Women during the Elevate Festival in Toronto. Building on the success of BDC Capital’s Women in Technology Venture Fund, launched in 2017, Thrive will be the largest investment platform of its kind in the world, supporting... More

EIB and Autonom signed $15 million financing to accelerate the transition to low emission vehicles in Romania and help businesses to reduce carbon emissions.The EIB’s first financing for the vehicle leasing and car hire company, Autonom, will allow companies to use electric and hybrid vehicles... More

ADB plans to provide at least $14 billion over 2022-2025 to ease the worsening food crisis and improve long-term food security in APAC.The funds will be drawn from across ADB’s sovereign and private sector operations, and seek to leverage an additional $5 billion in private sector co-financing... More

EIB is providing €4 billion for Romania’s National Resilience Recovery Plan which will support health and transport investments across the country.The minister of finance Adrian Caciu formally requested EIB co-financing for priority investment during a meeting in Bucharest on September... More

The World Bank has approved additional financing of $335 million to support Tanzania’s grid extension and grid densification.The new International Development Association credit to the Tanzania Rural Electrification Expansion Program will facilitate an additional 1,000,000 last-mile grid... More

The EBRD has appointed a new head of its operations in Estonia, Latvia and Lithuania.Tomas Kairys, currently a senior lawyer at the bank, will formally assume the position of EBRD Head of the Baltic States on October 15. 2022. Kairys will be based in Vilnius, Lithuania, and report to Elisabetta... More

DFC and USAID have announced a $15 million financing for Conservation International Foundation’s impact investment fund Conservation International Ventures.The financing will provide capital for investments that will help conserve, restore, and sustainably manage critical ecosystems in Mexico,... More

EIB has lent its first Green Loan in France of €130 million to Loxam to support its energy transition and CSR commitments.With the EIB Green Loan funding, Loxam will be able to continue and expand its proactive policy of acquiring low-carbon electric equipment to gradually replace its leasing... More