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News
09 March 2018

ADB eco projects in Cambodia, Mongolia, Tajikistan secure GCF funds

The Asian Development Bank has secured $190 million in total funding - comprising of $85 million in grants and $105 million in concessional loans - from the Green Climate...

News
09 March 2018
in
Social infrastructure

EIB finances extension of Rabat-Salé tramway

The European Investment Bank has agreed a €40 million loan with Morocco's Rabat-Salé Tramway Company to extend the intercity tramway. The transport...

News
09 March 2018

Afreximbank and BDEAC to work on African trade and projects

The African Export-Import Bank (Afreximbank) and the Development Bank of Central African States (BDEAC) have agreed a memorandum of understanding to improve the promotion...

News
08 March 2018
in
Renewable energy

BNDES reduces interest rate for loans for large-scale solar projects

Brazilian development bank BNDES has reduced the interest rate for loans it will award to solar energy projects from 1.7% to 0.9%. The bank said the same reduction will...

News
08 March 2018
in
Renewable energy

Ergon Peru raises DFI-backed solar project loan

Ergon Peru has raised a $142 million project financing to fund development of a $175 million rural distributed generation solar project across Peru. The 13-year debt is...

News
08 March 2018
in
Renewable energy

Eosol gets Nafin credit for PV projects

Eosol has raised a $70.1 million credit line from development bank Nacional Financiera (Nafin) to part fund the initial stages of three solar PV projects – the TAI...

News
08 March 2018
in
Renewable energy

AfDB bags $52.5m financing for 100MW of Zambian renewables

The Green Climate Fund (GCF) will provide a $50 million loan and a $2.5 million grant to the African Development Bank (AfDB) to support 100MW of primarily...

News
07 March 2018
in
Renewable energy, Traditional energy

Neoen gets state backing for Crystal Brook hybrid hydrogen project

The South Australian state government is to provide a $1 million grant to help renewable energy developer Neoen complete its feasibility study for the 50MW Hydrogen...

News
07 March 2018

EIB agrees €100m SME credit line to Morocco's Attijariwafa Bank

The European Investment Bank (EIB) and Attijariwafa Bank have signed a €100 million credit line to boost support for Moroccan small and medium-sized enterprises and...

News
07 March 2018

NIB and Säästöpankki Optia sign €30m facility for SME finance

Nordic Investment Bank and Säästöpankki Optia have signed a €30 million seven-year loan facility for onlending to small and medium-sized...

News
06 March 2018

Get your super early bird tickets for TXF Africa 2018: Project, Export and Commodities Finance

The super early bird rate for our Pan-African conference expires this Friday, 9 March. To secure a $500 discount and join representatives from Huawei, the Federal...

News
06 March 2018

ADB to extend $5bn for next 3 years in South Asia

The Asian Development Bank plans to extend $5 billion for 26 projects in South Asia between 2018 and 2020. The financing was announced at a meeting of member countries of...

News
06 March 2018

EBRD adds India to membership

The European Bank for Reconstruction and Development (EBRD) has added India to its growing list of members. It represents the lender's latest move to harness...

News
06 March 2018

IFC bets billions on Kenya’s private firms

The International Finance Corporation (IFC) has invested Sh17.7 billion in two Kenyan companies in the first two months of the year. The World Bank's private sector...

News
06 March 2018
in
Waste and water

KfW finances Lake Nakuru wastewater scheme

German development bank KfW is financing a Sh3.5 billion programme on wastewater management for the preservation of biodiversity at Lake Nakuru in Kenya. The scheme will...

News
06 March 2018
in
Renewable energy

Scatec Solar closes financing for Mozambique's first large scale solar plant

The International Finance Corporation and the Emerging Africa Infrastructure Fund have agreed project debt financing with Scatec Solar, KLP Norfund Investments...

News
05 March 2018
in
Waste and water

ADB agrees $200m loan to improve wastewater management in China

The Asian Development Bank (ADB) has signed a loan equivalent of up to $200 million to help China Water Affairs Group Limited improve wastewater management in China. The...

News
05 March 2018

Stella Kilonzo appointed senior director at African Development Bank

Former Capital Markets Authority Chief Executive Stella Kilonzo has been appointed Senior Director, Africa Investment Forum at the African Development Bank. She has 17...

News
05 March 2018
in
Social infrastructure

JICA signs ¥9bn loan for Philippines Bulacan Phase 3 road project

The Philippines has raised a ¥9.399 billion ($87.8 million) 30-year (inclusive of 10-year grace period) loan from JICA to finance Phase 3 of the Arterial Road Bypass...

News
02 March 2018
in
Agriculture/food chain

ADB signs agri loan to boost exports of Armenia's Spayka

The Asian Development Bank (ADB) has signed a $32 million loan agreement with Spayka Limited Liability Company, a food producer and exporter in Armenia, to help the...