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News
04 April 2024
in
Social projects

EIB finances Wandercraft's personal exoskeleton development

Wandercraft has secured €25 million ($27.67 million) in funding from the EIB to advance the development of its Personal Exoskeleton - the first self-balancing...

News
04 April 2024
in
Renewable energy

Capital raising for HAU Energy underway

The EBRD, in collaboration with Meridiam and Hassan Allam Utilities (HAU), are raising capital in HAU Energy BV, a new platform established to invest in renewable energy...

News
04 April 2024
in
Mining

Caledonia Mining looking to African development banks

Caledonia Mining Corporation claims its upcoming $250 million gold mine in Zimbabwe is likely to receive funding from African development banks. The company, which owns...

News
04 April 2024
in
Finance and other

EBRD backs Tasaheel Microfinance

The EBRD has approved a senior unsecured loan of up to EGP700 million ($14.7 million) for Tasaheel Microfinance under the Egypt Women in Business programme to support...

News
04 April 2024

JICA supports Bangladesh's fisheries communities

JICA has signed a grant agreement with the Government of Bangladesh to provide a grant aid of up to JPY2.294 billion ($15.1 million). The grant will be allocated to the...

News
04 April 2024
in
Climate finance

Brazilian government signs contract for BRL10.4 bn from the Climate Fund

Brazil's Ministry of the Environment and Climate Change (MMA) and BNDES have entered into a contract for the management of resources from the Climate Fund. The...

News
04 April 2024
in
Finance and other

ADB to launch ASEAN climate finance policy platform

ADB has announced its plans to establish the ASEAN Climate Finance Policy Platform, aimed at supporting finance ministry leaders in Southeast Asia to collectively combat...

News
04 April 2024
in
Renewable energy

GuarantCo supports Africa GreenCo to boost renewables

GuarantCo has provided Africa GreenCo with a $27 million guarantee facility to bolster purchases of renewable power. Guarantees have been issued directly to the...

News
04 April 2024
in
Finance and other

MDBs introduce tool for assessing electronic government procurement systems

Procurement officials from various MDBs have joined forces to develop a comprehensive and user-friendly tool designed to assess electronic government procurement (e-GP)...

News
04 April 2024
in
Finance and other

Adenia closes fifth fund at $470m

Adenia Partners has concluded the fundraising for its fifth fund, Adenia Capital V (AC(V)), at its hard cap of $470 million. The fund saw strong demand and attracted...

News
04 April 2024
in
Mining

Euro Manganese receives environmental permit for Chvaletice project

Euro Manganese has received environmental and social impact assessment approval for its Chvaletice Manganese project from the Czech Ministry of Environment.The project...

News
04 April 2024
in
Renewable energy

Husk Power secures $20m debt financing from EIB

Husk Power Systems has obtained $20 million in corporate debt from the EIB as part of its plans to scale operations in Nigeria. The deal is the largest EIB debt financing...

News
03 April 2024
in
Renewable energy

Ampin gets OeEb backing

Ampin Energy Transition has raised €25 million of long-term financing from Austrian development bank OeEB. Proceeds will support Ampin in further expanding its...

News
03 April 2024
in
Finance and other

DBK planning new bond issues

Development Bank of Kazakhstan (DBK) is meeting investors this week ahead of issuing a three-year Reg S/144A dollar senior unsecured bond.DBK is also considering issuing...

News
03 April 2024

IDB Invest backing for Ueno Bank MSME loan in the pipeline

IDB Invest is considering a PYG73,000 million ($9.9 million) loan for Ueno Bank in Paraguay for on-lending to SMEs.The facility will comprise a committed tranche of up to...

News
03 April 2024

IFC, DBS launch $500m facility to promote trade flows in emerging markets

IFC and DBS Bank have joined forces through the signing of a $500 million facility under IFC's Global Trade Liquidity Program (GTLP). The primary objective of this...

News
03 April 2024
in
Finance and other

Afreximbank, Sterling Bank launch Payables Finance product in Nigeria

Afreximbank and Sterling Bank have introduced an innovative supply chain finance product called Payables Finance in Nigeria. Branded as Afreximbank Tradelink, this...

News
03 April 2024

OECD publishes anti-corruption and integrity outlook report

According to a new OECD report, anti-corruption and integrity frameworks have shown improvement globally, but there is still a need for renewed efforts to strengthen...

News
03 April 2024
in
Social infrastructure

Construction begins on Nis-Dimitrovgrad railway section with EU and EIB support

Construction has commenced on the Nis-Dimitrovgrad railway section near the Serbian city of Pirot, marking an important step in the modernisation of Serbia's rail...

News
03 April 2024

World Bank report reveals $18.5bn damage to Gaza's critical infrastructure

According to a joint report by the World Bank and the United Nations, with support from the European Union, the cost of damage to critical infrastructure in Gaza is...