The World Bank has appointed Marjorie Mpundu as its new Country Manager for Zimbabwe. She joined the bank in 2005 as a legal associate in the Legal Vice Presidency. She...
The package includes commitments to provide guarantees for climate-related projects in Africa and India, and new green funds for UK development financiers CDC Group and...
The World Bank has approved a $150 million credit to support climate resilience projects in all rural constituencies in Kenya. The funding from the International...
The African Development Bank has approved a $57.67 million loan to Eskom Holdings, South Africa’s public electricity utility, to harness battery storage technology...
Remon Zakaria has been appointed Head of Montenegro for the European Bank for Reconstruction and Development. Zakaria, who will be based in Podgorica, will succeed Jaap...
The Societe Nationale des Eaux du Senegal (SONES) has selected Yokogawa Solution Service Corporation and Toyota Tsusho Corporation to implement a project to strengthen...
The US International Development Finance Corporation has announced the financial commitment of $37 million via a 20-year direct loan to support the construction of...
G20 countries are backing at least $63 billion per year in oil, gas, and coal projects between 2018 and 2020 - 2.5 times greater than their $26 billion a year in support...
The European Investment Bank, the lending arm of the EU, has vowed to close a loophole that allows it to lend money to oil and gas firms despite a ban on financing fossil...
Funding of €620 million has been secured through the European Investment Bank and a syndicate of Irish and international lenders for the second phase of SIRO’s...
The Japan Bank for International Cooperation has announced that it will stop financing new unabated coal power projects by the end of this year to align with an agreement...
A new multilateral climate action development bank is needed to help get money to emerging markets more effectively, analysts at US bank Citigroup said ahead of an...
Canada's TwinRiver Capital Group, in partnership with Cidel Asset Management, has unveiled the new Cidel-TwinRiver Global Impact Fund, which offers exposure to...
The Islamic Development Bank has signed an agreement with Senegalese authorities to reallocate $75.2 million in financing to development projects. The 2020 loan will be...
CDC Group has committed a $30 million trade finance loan to Bangladesh's Prime Bank. The loan from the UK’s development finance institution and impact investor...
The Asian Infrastructure Investment Bank has launched its inaugural Sustainable Development Bonds Impact Report that offers investors a view of the sustainable nature and...
More financing for climate-friendly solutions adopted by SMEs in Poland will be available thanks to a €75 million (around PLN350 million, $87.5 million) loan granted...
The European Investment Bank will support Prosegur, a Spain-based global security industry company, with €57.5 million to finance its digital...
Benin has obtained additional funding of more than €35.5 million for its Cotonou Stormwater Sanitation Program from Agence Française de Developpement (AFD)....
Private equity fund Amber Capital Armenia, supported by the European Bank for Reconstruction and Development and the European Union, has acquired Armenian solar plant...