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News
09 February 2018
in
Renewable energy

EBRD provides loan for new solar power plant in Jordan

The European Bank for Reconstruction and Development is extending a $22 million loan for the construction and operation of a 50MW photovoltaic plant in the Risha...

News
09 February 2018
in
Renewable energy

EBRD finances 45MW wind farm in Jordan

The European Bank for Reconstruction and Development (EBRD) is providing a $52 million loan for the construction and operation of a 45MW wind farm in the Shobak region of...

News
09 February 2018
in
Agriculture/food chain

World Bank Group unveils new financial tool for Ukrainian farmers

The World Bank Group, in partnership with the Swiss and Ukrainian governments, is rolling out a new financial instrument - crop receipts - across Ukraine to expand access...

News
09 February 2018

AfDB hits highest annual disbursement ever of $7.67bn

The African Development Bank (AfDB) achieved its highest annual disbursement ever of $7.67 billion dollars in 2017. President Akinwumi Adesina said: "Our investment...

News
09 February 2018
in
Renewable energy

EBRD finances 36MW solar plant near Lviv

The EBRD is providing a ten-year loan of €17.3 million to help finance a new 36MW solar plant inear Lviv, in western Ukraine. The Clean Technology Fund, the...

News
08 February 2018
in
Agriculture/food chain

FMO arranges loan to Access Bank to boost Nigerian agribusinesses

Dutch development bank FMO, together with France's Proparco, the Norwegian Investment Fund for Developing Countries, the Finnish Fund for Industrial Cooperation, and...

News
08 February 2018

Africa Re joins African Finance Corporation

African Reinsurance Corporation (Africa Re) has become the first multilateral financial institution to invest in Africa Finance Corporation (AFC) as it becomes a member...

News
08 February 2018

Iran eyes joint bank to promote Latin America ties

Iran intends to establish a joint bank to promote trade ties with Latin America by repurposing its only bi-national bank with that of another country from the region, the...

News
08 February 2018
in
Renewable energy, Traditional energy

Tilt moves forward on two renewable projects in South Australia

Tilt Renewables has announced that its 300MW, 1350MWh Highbury pumped hydro storage project located near Adelaide has moved to the planning approval phase. The company...

News
08 February 2018

Sale of Daewoo E&C flops as bidder Hoban Construction pulls out

South Korea's Hoban Construction has withdrawn its bid for bigger rival Daewoo Engineering & Construction upon discovering massive losses in overseas project....

News
08 February 2018

World Bank agrees loan to Jamaica for MSME credit guarantees

The World Bank has agreed to lend $15 million to the Development Bank of Jamaica to support micro, small and medium-sized enterprises (MSMEs) via partial credit...

News
07 February 2018

EIB backs €6.5bn energy, SME, transport and urban investment

The European Investment Bank has approved a total of €6.5 billion of new financing for 36 projects in 17 European Union countries and schemes in Africa, Asia and...

News
07 February 2018
in
Renewable energy

ERS tenders environmental consultant for Serbian wind project

The Republika Srpska's state-owned power utility Elektroprivreda Republike Srpske (ERS) has tendered environmental advisory services to support the development of the...

News
07 February 2018

AfDB approves loan to African Local Currency Bond Fund

The African Development Bank (AfDB) has approved a loan of ZAR 140 million (about $10 million) to the African Local Currency Bond Fund (ALCB), to further enhance the...

News
07 February 2018

DBP unveils new programs for small businesses

Development Bank of the Philippines (DBP) has intensified its support to the micro, small and medium enterprises sector with the launch of two new initiatives - the DBP...

News
07 February 2018

IFC extends $100m FNB to boost South African SME financing

The International Finance Corporation (IFC) has announced new financing $100 million to support South Africa's FNB's lending to small and medium enterprises. The...

News
06 February 2018
in
Renewable energy

KfW, RMB create debt fund vehicle for small renewables projects

Germany's KfW and South Africa's Rand Merchant Bank (RMB) have signed an agreement to set up South Africa's first specialised debt fund vehicle for...

News
06 February 2018

CDC makes bid for Zambian power company

CDC Group, the UK's development finance institution, has made a bid to acquire a majority stake in the Zambian power transmission, distribution and generation...

News
06 February 2018

Paul Lamontagne is new MD of FinDev Canada

Development Finance Institute Canada has made Paul Lamontagne managing director of the newly branded Montreal-based FinDev Canada. He was the founding CEO and chairman of...

News
06 February 2018

CABEI seeks a billion after completing first quarter efforts

The Central American Bank for Economic Integration (CABEI) is after $1 billion from the debt capital markets this year. In addition to a $214 million trade on January 30,...