IDB Invest has committed to an ambitious 40% target of ‘climate and green finance’ by 2025. Orlando Ferreira, the bank’s CFO, says that what that means in practical terms...
Deloitte has announced a $1.5 billion investment in social impact focused on three areas: education and workforce development, financial inclusion, and health...
Russia’s war on Ukraine will cause the latter’s economy to shrink by nearly a third in 2022, according to the latest forecast by the EBRD.The bank’s...
Are DFIs crowding out or hindering the private sector on deals that could have been financed without DFI/MDB direct loans? Many in the commercial market believe so and...
Coherent global greenwashing regulation and ESG transparency is as much a problem for the private sector as development finance if the two are to complement each other in...
KfW – on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ) – has approved a €61.8 million ($85.7m) loan to...
In the second part of the inaugural Uxolo Awards we look at the best DFI-backed infrastructure deals of 2021 - projects and funding that are key to wider economic...
Moody’s has assigned the Emerging Africa Infrastructure Fund a foreign currency long-term issuer rating of A2 with a stable outlook.The main factors underpinning...
Since the start of the pandemic only two African countries have defaulted on their sovereign debt, in large part because of remedial action by multilaterals and DFIs. But...
Moody’s has affirmed the Aaa long-term issuer rating for the Islamic Development Bank (IsDB). IsDB’s short-term issuer rating has also been affirmed at...
The World Bank has approved a $100 million support program for the Africa Centres for Disease Control.The funding will help enhance Africa CDC's technical capacity...
The AIIB has approved the establishment of an Interim Operational Hub, the bank’s first overseas office. The preferred location for the hub will be Abu Dhabi,...
As ILX Fund I hits its $1.05 billion target in commitments – diversification of the portfolio, co-financing with MDBs and DFIs, and allocation at scale are some of the...
Anglo American has signed a $100 million sustainability-linked loan with the IFC. The financing is IFC’s first in the mining sector and is understood to be the...
The World Bank has approved $85 million in financing for the Jordan Support for Industry Development Fund Project, which aims to promote investments and exports in the...
The Philippines has signed a PHP17.75 billion (about $338 million) financing deal as part of the first phase of the Metro Manila Subway.The contract package - dubbed...
Bfinance has adopted the Impact Investing Principles for Pensions from the Impact Investing Institute. As part of its commitment, the firm has pledged to support pension...
Gustavo Montezano, President of BNDES, is putting ESG at the heart of the development bank's financing strategy. The policy has refocused the bank on its original core...
AgFunder and agrifoodtech ecosystem catalyst GROW has unveiled its latest GROW Impact Accelerator cohort.The selected companies offer technologies that will drive...
As the UN-led Net Zero Banking Alliance completes a year, UNEP FI Program Officer for Climate Remco Fischer speaks with Uxolo about the need for granularity in climate...