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News
19 April 2018
in
Renewable energy, Traditional energy

Greenalia secures EIB funding for 50MW biomass project

Spanish forestry and energy group Greenalia has secured up to €60 million of funding from the European Investment Bank (EIB) for its 50MW Greenalia Biomass Power...

News
19 April 2018

IFC, Swiss Re Corporate Solutions mobilise $500m for emerging markets infrastructure

The International Finance Corporation has teamed up with Swiss Re Corporate Solutions to expand its Managed Co-Lending Portfolio Program by $500 million. The move will...

News
19 April 2018

Bulgarian Development Bank signs MoU with five lenders

The Bulgarian Development Bank has signed a memorandum of understanding with the development banks of Croatia, Hungary and Macedonia, the Black Sea Trade and Development...

News
19 April 2018

Standard Chartered partners with CDC on $150m SCF programme

CDC Group, the UK's development finance institution, and Standard Chartered have signed a memorandum of understanding for a supply chain finance programme that will...

News
18 April 2018
in
Social infrastructure

S'hail Shipping secures $19.2m loan from Qatar Development Bank -

Qatar Development Bank has agreed to extend a $19.2 million creditor facility to Qatari owner S'hail Shipping and Maritime Services. The financing will be used...

News
18 April 2018
in
Social infrastructure

Vietnam terminates pilot PPP expressway project

The Vietnamese Prime Minister has terminated the Dau Giay-Phan Thiet Expressway project which was the first project in the country to be developed under a PPP model....

News
18 April 2018

IADB launches largest-ever bond

The Inter-American Development Bank (IADB) has priced a new $4 billion, three-year global issue - its largest bond ever. The transaction pays a semi-annual coupon of...

News
17 April 2018

IADB highlights growth of fintech in LatAm and Caribbean

Fintech has been gaining strength throughout the Latin American and Caribbean region, according to research by the Inter-American Development Bank (IADB). There are now...

News
17 April 2018

The Development Bank of Southern Africa hires new CFO

The Development Bank of Southern Africa has appointed Boitumelo Mosako as chief financial officer. She previously served as the CFO at the South African Bureau of...

News
17 April 2018

BSTDB to help finance Bulgaria's first Marriott hotel with €58.3m loan

Black Sea Trade and Development Bank (BSTDB) and Bulgaria’s Postbank - a unit of Greece’s Eurobank - will lend €58.3 million for the...

News
16 April 2018

EBRD eyes Africa for next wave of expansion

The European Bank for Reconstruction and Development is eyeing a new wave of expansion into sub-Saharan Africa and new parts of the Middle East in the coming years that...

News
16 April 2018

Is China’s Belt and Road Initiative about to run out of money?

China's ambitious Belt and Road Initiative across Eurasia and Africa is facing a serious financing challenge, according to the country's senior bankers and...

News
16 April 2018
in
Traditional energy

Croatian LNG terminal gets environmental greenlight

Croatia's Ministry of Environmental Protection and Energy has approved the environmental impact study prepared for the floating LNG terminal proposed for the...

News
16 April 2018
in
Waste and water

ADB signs deals worth $375m to improve irrigation, PPPs in Punjab

The Asian Development Bank has signed two loans with Pakistan worth a total of $375 million to improve irrigation services and promote public-private partnerships in...

News
16 April 2018
in
Renewable energy

First African floating solar tender to be launched in the Seychelles

The Seychelles Energy Commission (SEC) is holding an information session on April 26 in advance of launching Africa's first floating solar tender. The 4MW of...

News
16 April 2018

IFC makes largest ever microfinance investment in Kazakhstan

The International Finance Corporation is providing a senior syndicated loan of $82 million equivalent in Kazakh tenge to microfinance organisation KMF to boost lending to...

News
16 April 2018
in
Renewable energy, Traditional energy

EBRD and GCF agree $88m loan to boost Tajikistan hydro power

The EBRD and the Green Climate Fund (GCF) are providing an $88 million financing package to complete the rehabilitation of the Qairokkum hydro power plant to help...

News
16 April 2018

Egyptian SME group and development bank sign SME loan deal

The Egyptian Small and Medium-Sized Enterprises Association has signed a cooperation agreement with the Export Development Bank of Egypt to facilitate loans to small and...

News
13 April 2018
in
IT and telecoms

Open Fiber goes ahead with €3.5bn project financing

Open Fiber has approved the €3.5 billion ($4.32 billion) seven-year project financing that it mandated last year to back its broadband roll-out in Italy. The...

News
13 April 2018
in
Traditional energy

JBIC signs Nghi Son 2 loan

JBIC has signed a $560 million loan with Nghi Son 2 Power Limited Liability Company (NS2PC) to part fund the Nghi Son 2 coal-fired power generation project...