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News
03 July 2025
in
IT and telecoms

Jamaica invites EOIs for broadband PPP

The government of Jamaica is inviting expressions of interest (EOIs) to establish a national wholesale broadband network through a public-private partnership (PPP).The...

News
03 July 2025
in
IT and telecoms

BNDES supports $65bn Rio AI City mega project

BNDES will be one of the supporters of the Rio AI City project, an initiative led by Elea Data Centres to develop a data centre complex with 1.5GW of capacity and...

News
03 July 2025
in
Renewable energy, Traditional energy

Several Egyptian power and renewables financings due to close

Several Egyptian power and renewables project financings are due to close in the next few months, according to sources with knowledge of the matter.A €170 million...

News
03 July 2025
in
Finance and other

EDB raises funds on the UAE Capital Markets

Eurasian Development Bank has issued a private placement bond, denominated in dirham, in the local UAE capital markets.The issuance of AED200 million ($54 million), was...

News
03 July 2025
in
Social infrastructure

IDB funds new roads and bridges in Paraguay

IDB has approved a $75 million loan to Paraguay to boost agricultural competitiveness and economic and social development by improving rural roads in the Eastern Region....

News
03 July 2025
in
Finance and other

Honduras gets new World Bank resident representative

Andrew Kircher has been appointed World Bank Group resident representative for Honduras.Kircher joined the World Bank Group in 1999 as a communications officer. Since...

News
03 July 2025
in
Finance and other

New World Bank role for Bernard Harborne

Bernard Harborne has become the World Bank Group resident representative for Solomon Islands and Vanuatu.Harborne will lead the programmes of the International Bank for...

News
03 July 2025

IFC commits $50m to Victory Park Capital

IFC has agreed a $50 million follow-on investment in Victory Park Capital Investor Fund W to support financial inclusion and economic resilience in emerging...

News
03 July 2025

EIB backs DanAds to accelerate advertising technology

Swedish software company DanAds has secured a €21 million venture debt facility from the European Investment Bank. The funds will accelerate the company’s...

News
02 July 2025
in
Renewable energy, Traditional energy

Further information on Obelisk solar-plus-storage deal

Additional detail has emerged on the financing of Scatec ASA’s Obelisk solar and BESS project in Egypt, which closed in June.Of Obelisk's $590 million project...

News
02 July 2025
in
Climate finance

Spain and World Bank in push for wider use of debt swaps

Spain has partnered with the World Bank to help poorer countries free up money to spend on development and conservation via debt swaps.With rich governments cutting...

News
02 July 2025
in
Renewable energy, Social infrastructure, Waste and water

Johannesburg signs AfDB infrastructure funding

AfDB has approved a ZAR2.5 billion (around $139 million) corporate loan to the City of Johannesburg Metropolitan Municipality, marking the bank's first direct lending...

News
02 July 2025
in
Finance and other

Oman gets first World Bank country manager

The World Bank Group has named Wendy Werner as its first country manager of Oman, based in Muscat.Most recently, Werner was the country head for the International Finance...

News
02 July 2025
in
Traditional energy

Oando upsizes Afreximbank facility to $375m

Nigeria's Oando Oil has completed the upsizing of its reserve-based lending facility with Afreximbank to $375 million.The company’s pay down of the original...

News
02 July 2025
in
Finance and other

Enrique Blanco Armas is new World Bank Lebanon head

The World Bank has appointed Enrique Blanco Armas as country manager for Lebanon.Blanco Armas was most recently the manager for the strategy and operations unit of the...

News
02 July 2025
in
Climate finance

Turkey receives €360m in fight against climate change

The World Bank has approved a guarantee in the amount of €360 million ($389.5 million) for the "Financing Adaptation for Growth Project" in...

News
02 July 2025
in
Social infrastructure

IDB Invest supports affordable housing in Trinidad & Tobago

IDB Invest is supporting Trinidad and Tobago Mortgage Bank (TTMB), in partnership with Republic Bank, by subscribing to social bonds totaling TTD250 million (around $36.8...

News
02 July 2025

Croatian MSMEs get funding boost

EBRD is providing a €25 million loan to PBZ Leasing for on-lending to local MSMEs in Croatia.The loan will help to improve access to financing for Croatia’s...

News
02 July 2025
in
Finance and other

World Bank Group unveils new Bulgaria country manager

Jason Pellmar has started his role as World Bank Group country manager for Bulgaria, a position that will unify country-level leadership across the institution. The role...

News
02 July 2025
in
Finance and other

New Timor-Leste role for Freedman at World Bank

David Freedman has been appointed as the World Bank Group resident representative for Timor-Leste.He will lead the programmes of the International Bank for Reconstruction...