Global Infrastructure Hub is joining the World Bank’s Infrastructure Practice Group as an associated trust fund to the Public Private Infrastructure Advisory...
The World Bank Group’s Multilateral Investment Guarantee Agency (MIGA) has issued a $16.29 million guarantee to Konexa Power Holdings PCC of Mauritius.The guarantee...
A coalition of environmental and animal welfare groups is urging the World Bank to discontinue its financial support for large-scale industrial livestock operations,...
Colombian development bank FDN signed a COP700 million ($185 million) MIGA-covered loan on 12 February this year. Proceeds will be used for funding relevant financing...
NIB has signed a nine-year loan with Latvian air transport infrastructure company Latvijas Gaisa Satiksme to co-finance its 2024–2026 investment programme for air...
IFC is investing $30 million in Pran Dairy Limited (PDL) and Habiganj Agro Limited (HAL), two subsidiaries of the PRAN Group, a prominent player in the Bangladesh's...
Brazilian President Lula is considering appointing Aloizio Mercadante, currently the president of BNDES, as the replacement for Jean Paul Prates at the helm of...
EBRD is contributing to greater food security in Mongolia by extending an $8 million loan to the country’s leading flour producer, Ulaanbaatar Flour (UBF).The...
IFC and Citizens Development Business Finance (CDB) have joined forces to catalyse the growth of CDB's green portfolio, promoting sustainable and inclusive economic...
BRD Groupe Societe Generale and IFC have concluded a synthetic significant risk transfer transaction. The purpose of this transaction is to unlock capital for BRD,...
Leslie Maasdorp is stepping down as Vice President of the New Development Bank after serving for nine years.Maasdorp was appointed Vice President by the Cabinet in July...
Final offers for a 30-year concession to run Montenegro’s two international airports, in Podgorica and Tivat, are expected to be submitted by this summer. IFC is...
The state-owned 37MWp Boundiali solar project – Côte d'Ivoire's first solar power plant, which has been operational since June 2023 – has been...
CentraleSupelec has obtained a €45 million ($49.3 million) 25-year financing from EIB to support the rehabilitation of the Breguet building rehab project. The...
JICA has entered into a partnership with the Southern African Power Pool (SAPP) for a project to strengthen the regional power system of Southern African Power Pool.The...
IDB Invest, alongside Blue Earth Capital, has granted a total of $14 million in financing to Quasar Expeditions, a renowned tourism exploration company specializing in...
AfDB and JP Morgan Chase are exploring potential collaboration in the areas of trade, the private sector, climate change and project funding operations.In response to JP...
In the second quarter of fiscal year 2024, DFC has green-lighted 22 new projects, amounting to over $697 million. The projects focus on critical areas such as...
British Business Bank has agreed a facility increase of £29.4 million to Time Finance through its existing ENABLE Funding programme.This additional funding brings...
Carbon capture at scale is unproven and one of the more controversial technologies of the energy transition. But the IEA considers it an essential part of its Net Zero by...