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27 March 2024
in
Renewable energy

264MW Pagegiai wind farm secures funding

NIB, KfW IPEX-Bank and Nord/LB have signed a €330 million Euler Hermes-backed loan for a 264MW wind project in Pagegiai, Lithuania. The EU supports €43.5...

27 March 2024
in
Social projects

Quantum Surgical gets EIB loan to advance tumour treatment

French medical robotics company Quantum Surgical is borrowing €30 million (about $32.5 million) from EIB to accelerate the worldwide commercialisation of a...

27 March 2024
in
Finance and other

GEMs publishes report on recovery rates in emerging markets

The Global Emerging Markets Risk Database (GEMs) Consortium - consisting of 25 multilateral development banks and development finance institutions that are pooling and...

27 March 2024
in
Social infrastructure

Philippines receives JPY250bn from JICA for road, metro projects

JICA has signed two loan agreements with the Government of the Philippines, totalling JPY250 billion ($1.6 billion). The loans will be allocated to two projects, namely...

27 March 2024
in
Social infrastructure

NIB finances Vasakronan’s building redevelopments in Sweden

NIB has partnered with Vasakronan to support the redevelopment and refurbishment of two buildings in Sweden with an SEK590 million ($56.5 million) ten-year loan. The aim...

27 March 2024

AfDB veteran Kalidou Gadio joins DLA in DC

DLA Piper has appointed former AfDB executive Kalidou Gadio as new co-chair for its US-Africa practice in Washington, DC.Gadio was recruited from US firm Curtis,...

27 March 2024
in
Social infrastructure

EIB, AfDB fund Bizerte bridge in Tunisia

EIB has agreed €123 million ($133.3 million) for the construction of a new bridge in Bizerte, in partnership with the AfDB, which provided financing of €122...

27 March 2024
in
Social projects

EBRD, DPI and BII exit from KELIX bio

EBRD, DPI, and BII have announced the sale of KELIX bio, a prominent emerging-market biopharmaceutical platform, to Mubadala Investment Company.KELIX bio, established in...

27 March 2024
in
Social infrastructure

EBRD finances Kahramanmaras Piazza shopping centre

EBRD is providing a senior loan of €30 million ($32.6 million) to Kahramanmaras Piazza shopping centre. This shopping centre is owned by Ronesans Gayrimenkul...

27 March 2024
in
Renewable energy

BII and Idemitsu invest in Skye Renewables

BII and Japanese energy group Idemitsu Kosan (IKC) have announced a joint investment into Skye Renewables Energy, a south-east Asia-focused renewable energy...

27 March 2024

EBRD and PBZ sign €75m risk-sharing facility

EBRD is launching a new risk-sharing framework for Croatian banks, with Privredna banka Zagreb (PBZ), part of the Intesa Sanpaolo Group, the first to benefit.The...

27 March 2024
in
Agriculture/food chain, Climate finance

AfDB supports Yobe State climate change resilience and food security

AfDB has approved a $50 million loan for the Yobe State Environmental and Climate Change Action Project to enhance climate change resilience, boost food security, and...

26 March 2024
in
Climate finance

AfDB approves loan for ECCAP

African Development Bank (AfDB) has approved a $50 million loan for the Yobe State Environmental and Climate Change Action Project (ECCAP) in Nigeria.The project cost is...

26 March 2024
in
Finance and other

AFC raises record $1.16bn syndicated loan

Africa Finance Corporation has closed its largest debt facility, a $1.16 billion syndicated loan.Initially launched at $1 billion, the three-year syndicated loan was...

26 March 2024
in
Finance and other

Poland’s economy gets €600m EIB boost

EIB is extending a €600 million (about $651 million) loan to Poland to bolster the country's economy. Investments supported with this financing will spur digital...

26 March 2024
in
Renewable energy, Social infrastructure

I&DBZ aims to raise $79.5m for housing, energy, and transport projects

The Infrastructure and Development Bank of Zimbabwe (I&DBZ) has set its sights on raising $79.5 million to finance a range of planned projects in the areas of...

26 March 2024

Proparco takes 10% stake in Finafrica

Finafrica, a Pan-African provider of microfinance and insurance services and a subsidiary of Groupe Duval, has welcomed Proparco as a strategic investor, acquiring a 10%...

26 March 2024
in
Agriculture/food chain

Afreximbank, CDP support African food security

CDP and Afreximbank have signed a new financing facility worth €100 million ($108.5 million) to support food security and climate-smart agriculture in Africa.The...

26 March 2024
in
Finance and other

World Bank forms multi-donor trust fund for Moldova

The World Bank has established a multi-donor trust fund program aimed at supporting the Government of Moldova in investing and strengthening its institutions to become...

25 March 2024
in
Climate finance

Sindh climate-resilient housing project gets IsDB, World Bank support

IsDB and Pakistan's government have agreed funding for the €188.7 million ($204.5 million) Sindh Flood Emergency Housing Reconstruction Project. The project -...