The World Bank has appointed Ousmane Dione as its new VP for the MENA region.In Dione’s most recent position as Country Director for Eritrea, Ethiopia, South Sudan,...
SBM Bank (Mauritius) and the Eastern and Southern African Trade and Development Bank Group (TDB) have signed a memorandum of understanding (MoU) to collaborate on joint...
Atlante has been granted funding for the third time from the EU's Alternative Fuels Infrastructure Facility (AFIF) financing program. The latest grant amounts to...
IFC is increasing access to finance for SMEs in Georgia through a new $10 million loan agreement with Isbank Georgia.According to the World Bank's Enterprise Surveys...
EIB has announced the approval of €4.3 billion in new financing to support various sectors including regional transport, energy distribution, business innovation,...
According to a United Nations report titled Aid under Pressure, global Official Development Assistance (ODA) reached a record high of $287 billion in 2022, marking a 22%...
IDB Invest has signed an agreement to provide $25 million to Unicomer Guyana through its real estate division, Redstart Guyana. The funds will be used to construct a...
IFC has announced the appointment of Matilde Bordon as the new IFC Country Manager for Peru, Ecuador, and Bolivia. With 15 years of experience in development, Bordon...
Lviv, a city in western Ukraine, has completed an urban mobility project that involved the acquisition of ten low-floor trams. The project, made possible through...
The devastating impact of the pandemic on the world’s poorest countries has brought poverty reduction to a halt and led to a widening income gap with nations in the...
The World Bank has approved a new loan to upgrade transportation systems in the state of Santa Catarina in Brazil.The Foz do Rio Itajai Region Integrated Sustainable...
The World Bank (WB) will provide $1 billion in support of Pakistan's 2160MW Dasu hydropower project. The project financing package, which will be administered...
Kyrgyzstan has signed a law to ratify an agreement with JICA aimed at improving irrigation canal equipment. JICA will award the Kyrgyz Cabinet of Ministers JPY1.087...
The IDB Invest-backed Mendubim solar project in Brazil has been inaugurated.The project is an example of IDB Invest's new originate-to-share business model, focused...
Impact investment manager WaterEquity has appointed Marlene Hormes as its new chief investment officer (CIO).Hormes brings two decades of experience in international...
British International Investment (BII) and FMO have made a joint loan commitment of $50 million to BECIS, a Singapore-based energy-as-a-service (EaaS) provider in South...
BNDES has launched another call for project proposals for the BNDES Azul programme. Unlike its previous BRL50 million programme in 2023, which was aimed at mangroves...
The EBRD and other MDBs have published reports summarising the outcomes of reviews of their callable capital subscriptions.The reviews are part of multilateral...
The Center for Global Development (CGD) has released its 2024 MDB Reform Tracker – just ahead of the IMF and World Bank Spring Meetings next week.According to the...
EIB Group plans to strengthen its support for Europe's security and defence industry by updating its lending policies and framework. This includes revising the...