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News
09 November 2020

EIB President Werner Hoyer makes case for an EU development bank

Werner Hoyer, the President of the European Investment Bank, says the European Union needs to reinforce its development financing activities in order to level the playing...

News
23 October 2020
in
Traditional energy

APICORP raises additional $250m from existing bonds

The Arab Petroleum Investments Corporation (APICORP) has raised $250 million through the reopening of existing bonds. Sold at 90 basis points over mid-swaps —...

News
08 October 2020
in
Waste and water

NIB launches SEK1.5bn Nordic–Baltic Blue Bond

The Nordic Investment Bank has issued a five-year SEK1.5 billion Nordic–Baltic Blue Bond focusing on water related investments. Proceeds will be allocated to...

News
07 October 2020
in
Social infrastructure

EIB backs MMI’s robotic system for microsurgery

Medical Microinstruments (MMI), an Italian company aiming to improve clinical outcomes for patients undergoing microsurgery, has signed a €15 million ($17.74...

News
07 September 2020

US Republicans join call to delay IADB presidency vote

Three senior former US officials, all Republicans, have joined a growing chorus calling for a delay in the mid-September vote on the next leader of the Inter-American...

News
01 September 2020
in
Mining

Friedland’s Nimba iron ore project to get World Bank backing

The World Bank is said to be mulling a $135 million investment in the proposed Nimba iron ore mine, in southeastern Guinea. The mine is owned by Canada’s High Power...

News
26 August 2020

CABEI elects new Executive Vice President

The Central American Bank for Economic Integration (CABEI) has elected Jaime Roberto Diaz Palacios as the new Executive Vice President. He will hold the position for the...

News
28 July 2020

AfDB head cleared of ethical misconduct

An independent panel of three experts, headed by former Irish President Mary Robinson, has cleared Akinwumi Adesina, president of the African Bank of Development (AfDB),...

News
02 July 2020

Mary Robinson to lead corruption inquiry into AfDB leader Adesina

Former president of Ireland Mary Robinson will lead a panel to investigate the leader of the African Development Bank.Robinson will lead the probe, alongside Gambia's...

News
15 June 2020

DFC unveils first members of Development Advisory Council

The US International Development Finance Corporation (DFC) has approved the first members of the agency’s inaugural Development Advisory Council. Members will...

News
01 June 2020

Triunfo, Porto Sudeste put off BNDES loan payments

Brazilian infrastructure company Triunfo and port operator Porto Sudeste have both negotiated standstill agreements with national development bank BNDES as revenues fall...

News
14 May 2020

EBRD economies may contract by 3.5% in 2020

Economies across the European Bank for Reconstruction and Development's regions may contract on average by 3.5% this year because of the impact of the coronavirus,...

News
29 April 2020

Italy to set aside €50bn for CDP to boost companies' capital

Italy is preparing measures to give state lender Cassa Depositi e Prestiti (CDP) the financial power to help companies raise capital and strengthen their balance sheets,...

News
09 January 2020

World Bank forecasts slow global growth

Global economic growth is forecast to edge up to 2.5% in 2020 as investment and trade gradually recover from last year’s significant weakness - but downward risks...

News
19 November 2019
in
Waste and water

IBRD launches $208bn bond for clean water awareness

The International Bank for Reconstruction and Development (IBRD), a subsidiary of the World Bank, has launched a seven-year $208 billion Sustainable Development Bond to...

News
22 October 2019

Sweden, Italy, Luxembourg question the need for an EU development bank

Italy, Luxemburg, and Sweden have questioned the need for a new institution to fund development projects outside the EU.The report presented to finance ministers at the...

News
17 October 2019
in
Social infrastructure

European lenders to agree $200m loans for Kenyan bus project

The European Investment Bank, European Union and the Agence Francaise de Developpement are set to lend up to €200 million ($221.4 million) for a proposed bus rapid...

News
25 September 2019

ADB: Asia's economic outlook dims as trade and investment weaken

The Asian Development Bank has released its latest Outlook, highlighting that economic growth in developing Asia remains robust but prospects have further dimmed - and...

News
01 February 2019

Trump interviewed Heidi Cruz for job as World Bank president

US President Donald Trump interviewed Heidi Cruz - wife of Texan senator Ted Cruz - for the job as World Bank president but is not now considering giving her for the...

News
26 September 2018

ADB: Growth holding up in APAC but trade tensions pose risks

A new report by the Asian Development Bank says growth remains stable across most of developing Asia due to robust domestic demand, buoyant oil and gas prices, and a...