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News
08 April 2024
in
Finance and other

Leslie Maasdorp to step down as VP of NDB

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...

News
05 April 2024
in
Social infrastructure

Montenegro airports final bids progressing

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...

News
05 April 2024
in
Renewable energy

Boundiali Solar to be expanded

The state-owned 37MWp Boundiali solar project – Côte d'Ivoire's first solar power plant, which has been operational since June 2023 – has been...

News
05 April 2024
in
Social infrastructure

CentraleSupelec secures €45m from EIB for Breguet project

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...

News
05 April 2024
in
Renewable energy

JICA partners with SAPP on enhancing power system in Southern Africa

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...

News
05 April 2024
in
Climate finance

IDB Invest, Blue Earth Capital provide $14m to Quasar Expeditions

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...

News
05 April 2024
in
Climate finance

AfDB and JP Morgan exploring collaboration

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...

News
05 April 2024
in
Finance and other, Social projects

DFC approves $697m in projects across the globe

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...

News
05 April 2024

British Business Bank ups Time Finance support

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...

Perspective
04 April 2024
in
Renewable energy

Is CCUS getting enough focus from development finance?

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...

News
04 April 2024
in
Renewable energy

Akfen adding solar to Ucpinar wind

Akfen Renewable Energy is adding a 40MWp hybrid solar plant as an auxiliary source to its 99MW Ucpinar wind project in Cannakale, Turkey. ASUNIM has been awarded the EPC...

News
04 April 2024

Kramer joins SFL

Brenda Kramer, who last month left her role as senior sustainable finance adviser at PGGM Investments, has been appointed to lead the Sustainable Finance Lab (SFL).Kramer...

News
04 April 2024
in
Social projects

EIB finances Wandercraft's personal exoskeleton development

Wandercraft has secured €25 million ($27.67 million) in funding from the EIB to advance the development of its Personal Exoskeleton - the first self-balancing...

News
04 April 2024
in
Renewable energy

Capital raising for HAU Energy underway

The EBRD, in collaboration with Meridiam and Hassan Allam Utilities (HAU), are raising capital in HAU Energy BV, a new platform established to invest in renewable energy...

News
04 April 2024
in
Mining

Caledonia Mining looking to African development banks

Caledonia Mining Corporation claims its upcoming $250 million gold mine in Zimbabwe is likely to receive funding from African development banks. The company, which owns...

News
04 April 2024
in
Finance and other

EBRD backs Tasaheel Microfinance

The EBRD has approved a senior unsecured loan of up to EGP700 million ($14.7 million) for Tasaheel Microfinance under the Egypt Women in Business programme to support...

News
04 April 2024

JICA supports Bangladesh's fisheries communities

JICA has signed a grant agreement with the Government of Bangladesh to provide a grant aid of up to JPY2.294 billion ($15.1 million). The grant will be allocated to the...

News
04 April 2024
in
Climate finance

Brazilian government signs contract for BRL10.4 bn from the Climate Fund

Brazil's Ministry of the Environment and Climate Change (MMA) and BNDES have entered into a contract for the management of resources from the Climate Fund. The...

News
04 April 2024
in
Finance and other

ADB to launch ASEAN climate finance policy platform

ADB has announced its plans to establish the ASEAN Climate Finance Policy Platform, aimed at supporting finance ministry leaders in Southeast Asia to collectively combat...

News
04 April 2024
in
Renewable energy

GuarantCo supports Africa GreenCo to boost renewables

GuarantCo has provided Africa GreenCo with a $27 million guarantee facility to bolster purchases of renewable power. Guarantees have been issued directly to the...