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News
10 May 2021
in
Renewable energy, Traditional energy

The OPEC Fund boosts renewable energy and access to finance in Nepal

The OPEC Fund for International Development has signed a $15 million loan with NMB Bank Limited in Nepal to finance MSMEs and renewable energy projects. The loan...

News
10 May 2021
in
Agriculture/food chain

Development banks pledge billions to increase African food security

A coalition of multilateral development banks and development partners has pledged over $17 billion in financing in a bid to address rising hunger on the African...

News
10 May 2021
in
Agriculture/food chain

CDC Group commits $100m to ETG Group

CDC Group, the UK's DFI and impact investor, has announced a $100 million debt commitment to ETG, an agricultural conglomerate connecting smallholder farmers to...

News
10 May 2021

KDB, Kexim to invest in new South Korean fund

South Korea's financial regulator is to set up another fund of KRW1 trillion ($896 million) to help companies seeking to restructure. State-run banks, including the...

News
10 May 2021

EIB and OP bring €300m of new financing to Finnish mid-caps

The European Investment Bank has signed a guarantee agreement with OP Bank in Finland to allow OP to bring new financing worth €300 million to mid-size Finnish...

News
07 May 2021
in
Renewable energy

IDB Invest agrees $150m financing for Atlas Renewable solar projects in Brazil

IDB Invest has granted $150 million worth of financing to subsidiaries of Atlas Renewable Energy for the design, construction, commissioning and operation of six bifacial...

News
07 May 2021
in
Social infrastructure

Philippines seeks Cebu Bus Rapid Transit loans extension

The Philippines Department of Transportation is seeking an extension on the validity of the $198 million loans for the construction of the Cebu Bus Rapid Transit from...

News
07 May 2021

NIB issues inaugural SOFR index-linked global benchmark

The Nordic Investment Bank has issued a $700 million five-year benchmark bond linked to the Secured Overnight Financing Rate Averages index. The issue is the...

News
07 May 2021

Belarus development bank reports record-high financial support

The Development Bank of the Republic of Belarus (DBRB) registered a record-high financial support for the country's exports in Q1 2021.During the period, the bank...

News
07 May 2021

G7 DFIs unveil plan to boost investments in adaptation and resilience.

The Group of G7 development finance institutions working together under the DFIs+ Adaptation and Resilience Collaborative has put forward a plan to the G7 on actions to...

News
06 May 2021
in
Traditional energy

BSTDB loan supports Romania’s Ana and Doina gas fields projects

The Black Sea Trade and Development Bank (BSTDB) has provided a €15 million loan for the Midia Gas Development Project to develop the Ana and Doina gas fields,...

News
06 May 2021
in
Renewable energy

EIB, Bank of Ireland to finance €100m Bord na Móna wind farm

The Bank of Ireland and the European Investment Bank have agreed to finance a €100 million wind farm project by climate solutions company Bord na Móna that...

News
06 May 2021
in
Mining

Lucara Diamond seals credit approved $220m package for Karowe Mine expansion

Lucara Diamond has received credit approved commitments from a syndicate of five mandated lead arrangers for a senior secured project financing debt package of up to $220...

News
06 May 2021

Golding hires impact investing team

Germany-based Golding Capital Partners is expanding into impact investing with the appointment of an experienced team of impact investors.  Andreas Nilsson and Nina...

News
06 May 2021
in
Renewable energy, Traditional energy

IFC and Absa Bank partner on Africa’s first certified green loan

Africa's first certified green loan - from the International Finance Corporation to Absa Bank - will increase funding for biomass and other renewable energy projects...

News
06 May 2021

Sudan secures $425m loan to clear AfDB arrears

Sudan has cleared its arrears to the African Development Bank through a $425 million bridge loan provided by Britain, Sweden and Ireland, opening it up to new funding,...

News
06 May 2021
in
Social infrastructure

World Bank agrees $200m financing to boost Ukraine's higher education system

The World Bank has approved a $200 million project to support the Government of Ukraine’s efforts to strengthen efficiency, quality, and transparency of the...

Perspective
05 May 2021
in
Mining

How development banks can lead trade finance’s blockchain transition

In a deal that will save weeks in processing time, African development bank TDB is using blockchain technology to finance $400 million-worth of fertiliser trade finance...

News
05 May 2021

Goodwell Investments launches new $60m fund to support African SMEs

Netherlands-based Goodwell Investments has launched a new €50 million ($60 million) fund that will channel capital from private investors, family offices and...

News
05 May 2021

Gene Leon begins as Caribbean Development Bank President

Dr Hyginus ‘Gene’ Leon has taken office as President of the Caribbean Development Bank (CDB) becoming the sixth chief executive of the regional multilateral...