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News
15 March 2018

AfDB Economic Outlook shows decline in regional economies

The African Development Bank has expanded its flagship publication, the African Economic Outlook, with five regional reports: North Africa, West Africa, Central Africa,...

News
15 March 2018
in
Social infrastructure

NIB finances new motorway connection in western Norway

Nordic Investment Bank and the Norwegian toll-road operator Bergen-Os Bompengeselskap have signed a €156.7 million, 21-year loan for the construction of a new...

News
15 March 2018

Jamaica Exim and DBJ expand offerings to SMEs

The Development Bank of Jamaica (DBJ) and the National Export-Import Bank of Jamaica (Jamaica Exim) are to expand the provision of new financial services to the micro,...

News
15 March 2018
in
Social infrastructure

ADB agrees $140m loan for Pakistan road improvements

The Asian Development Bank (ADB) has agreed a $140 million loan for Khyber Pakhtunkhwa Provincial Roads Improvement Project in Pakistan. The project will seee 214km of...

News
14 March 2018
in
Renewable energy

IFC, MIGA, IBRD support landmark solar energy plant in Gaza

The International Finance Corporation, Multilateral Investment Guarantee Agency, and International Bank for Reconstruction and Development are supporting a $12 million...

News
14 March 2018

Chexim, CDB lent more to global energy projects than the World Bank

The China Development Bank and Export-Import Bank of China (Chexim) spent more money on global energy projects than the emerging markets lending arm of the World Bank,...

News
14 March 2018
in
Traditional energy

JBIC considers funding PetrolVietnam’s $10bn gas project

The Japan Bank for International Cooperation may fund the Block B&52/97 project of the Vietnam Oil and Gas Group (PetrolVietnam) using loans without a government...

News
14 March 2018

NIB finances construction of a new Norwegian dairy for Tine

Nordic Investment Bank (NIB) and the Norwegian dairy company Tine have signed a €42 million 12-year loan to finance the construction of the company's new dairy...

News
14 March 2018

ADB sells $3.25bn global benchmark bonds

The Asian Development Bank (ADB) returned to the US dollar bond market with the pricing of a $3.25 billion five-year global benchmark bond issue. The bond, with a coupon...

News
14 March 2018

ADB says $66bn to be invested in Greater Mekong Sub-region

The Greater Mekong Sub-region (GMS) is expected to receive $66 billion in investment to strengthen regional economic cooperation in the next five years - with $7 billion...

News
13 March 2018
in
Traditional energy

Bapco tests bank appetite for $4.2bn expansion

Bahrain Petroleum Company (Bapco) is testing bank appetite for its $4.2 billion Sitra expansion project. Financial close is expected by Q4 of 2018. The...

News
13 March 2018

China spending on Belt and Road energy projects drops 28% to $14bn

China's financing for Belt and Road energy projects dropped 28% to $14.3 billion last year, from $19.9 billion. The slowdown in spending came as the government...

News
13 March 2018
in
Renewable energy, Traditional energy

IFC, MIGA agree Bujagali hydro refinancing

The IFC and MIGA have approved a plan to refinance more than $400 million of loans to Bujagali Energy and provide up to $423 million in guarantees in support of the...

News
13 March 2018

Japan International Cooperation Agency opens Cuba office

The Japan International Cooperation Agency (JICA) has opened an office in the Cuban capital, Havana. JICA established the office in response to a request for support...

News
13 March 2018

KDB launches due diligence on GM's troubled South Korean unit

Korea Development Bank (KDB) has launched due-diligence proceedings of General Motors' local unit to decide whether to provide funds for the unit's troubled...

News
13 March 2018
in
Renewable energy, Traditional energy

EBRD supports Entek Elektrik hydro acquisition

The EBRD has issued a $55 million dual-currency loan – $35 million in US dollars and $20 million equivalent in Turkish lira – to Entek Elektrik Uretimi,...

News
13 March 2018

KDB to launch $2.3bn support program for SMEs

Korea Development Bank (KDB) is to offer a new $2.3 billion financial aid program - called KDB Global Challengers 200 - for small and medium-sized enterprises. It will...

News
13 March 2018

Nordic Investment Bank reveals loans and profits for 2017

The Nordic Investment Bank signed 55 loans totalling €3,665 million in 2017, down from 58 loans worth €4,220 million in 2016, new figures show. Net profit...

News
12 March 2018
in
Agriculture/food chain

IFC agrees $55m loan to Brazilian sugarcane group Jalles Machado

The International Finance Corporation has provided $55 million in long-term financing to Jalles Machado, a Brazilian sugarcane processor and a biomass producer. The...

News
12 March 2018

NIB and BillerudKorsnäs agree €78.5m new board machine loan

Nordic Investment Bank and the Swedish pulp and paper manufacturer BillerudKorsnäs have signed a €78.5 million seven-year loan to finance part of the...