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12 December 2024
in
Mining

DFC mulls $550m financing for Piaui Nickel Project

Brazilian Nickel has received a letter of interest from the US International Development Finance Corporation (DFC) for a potential loan of up to $550 million for the...

12 December 2024
in
Renewable energy

Origo secures distributed generation project financing

Origo Energia has received IFC funding to construct a portfolio of 22 small, ground-mounted distributed generation projects across four states in Brazil with an aggregate...

12 December 2024
in
Social infrastructure

Port of Bilbao upgrade project secures €80m

EIB has signed an €80 million (about $84 million) loan to finance the expansion and electrification of the port of Bilbao.The project by the Port Authority of Bilbao...

12 December 2024
in
Social infrastructure

AfDB leads $1.2bn financing syndication for Tanzania's SGR project

AfDB has signed a coordination letter with Deutsche Bank and Societe Generale to establish a syndication strategy to mobilise up to $1.2 billion for Tanzania's...

12 December 2024
in
Renewable energy

20MW Ugandan solar project reaches financial close

A 20MW solar PV plant in north-western Uganda has reached financial close after receiving an $18 million investment from the Emerging Africa & Asia Infrastructure...

12 December 2024

African trade gets AfDB, Standard Bank Group support

AfDB has approved two financial facilities for South-Africa based Standard Bank Group to support economic development in Africa. The first is a $200 million trade...

12 December 2024

IFC, HSBC partner to support emerging market trade flows

IFC and HSBC have signed a $1 billion risk-sharing facility that will help banks in emerging markets increase their lending to support trade.IFC and HSBC will equally...

12 December 2024
in
Social infrastructure

Adani Ports scraps $553m DFC loan for Colombo terminal

Adani Ports and SEZ has cancelled a $553 million US International Development Finance Corporation (DFC) loan for the Colombo Terminal project in Sri Lanka. The loan was...

12 December 2024
in
Mining, Renewable energy, Social infrastructure, Waste and water

€15.6bn in new financing unveiled by EIB

EIB has approved €15.6 billion of new financing in areas ranging from security and defence to energy supply and flood protection.The board approved new financing to...

12 December 2024
in
IT and telecoms

CV Telecom announces tender for inter-island fibre project

State-owned service provider Cabo Verde Telecom has announced an international public tender for replacing inter-island optical fibre, allowing broadband internet to be...

12 December 2024
in
Mining

Syrah Resources defaults on DFC mine loan

Australian miner Syrah Resources has declared force majeure for its Balama graphite mine in Mozambique due to ongoing civil unrest, causing it to default on US...

12 December 2024
in
Traditional energy

EBRD funds green investments in Kosovo

EBRD is scaling up green investment in Kosovo through a partnership with NLB Banka Prishtina.The bank is providing up to €10 million in loans for green investments...

12 December 2024
in
Social infrastructure

Panama City public transport project gets IDB funding

IDB has approved a $38 million loan and a $9 million grant to boost electric and inclusive mobility and resilience in Panama City’s public transportation.The loan...

12 December 2024

IDB Invest, CCP partner to mobilise private capital

IDB Invest is collaborating with Colabora Capital Partners to create a new investment management platform focused on Latin America and the Caribbean. The two groups...

12 December 2024

Romanian SMEs boosted by BSTDB funding

BSTDB is strengthening its support for Romanian SMEs through a new €20 million loan to Garanti BBVA Leasing. The funds will enable Romanian SMEs to invest in capital...

12 December 2024

EBRD signs green portfolio guarantee facilities for Bulgaria’s Postbank

EBRD is partnering with Eurobank Bulgaria (Postbank) to provide guarantees of €135 million in total under the EU's InvestEU programme. The guarantees will...

11 December 2024
in
Climate finance

Privium launches new biodiversity impact fund

Privium Fund Management is launching a biodiversity impact fund seeking to raise €500 million to help preserve and restore ecosystems.The Biodiversity Impact Fund,...

11 December 2024
in
Agriculture/food chain

EIB unveils record €3bn for farmers and bioeconomy

EIB Group has announced a €3 billion financing package for agriculture, forestry and fisheries across Europe along with moves to bolster farm insurance. The...

11 December 2024
in
Waste and water

Navarra wastewater projects receive EIB funds

A project to construct and modernise wastewater treatment facilities in the Spanish region of Navarra has received a €36.5 million ($38.3 million) EIB loan.The...

11 December 2024

Zumtobel's innovative lighting solutions get EIB funding

EIB has granted a €50 million loan to Austria's Zumtobel Group to boost its research and development of innovative lighting solutions. The funding will...