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14 February 2024
in
Climate finance

TNC upgrades US coral reef insurance policy

The Nature Conservancy has purchased a new coral reef insurance policy that expands coverage around the main Hawaiian islands and increases payouts after qualifying...

13 February 2024

BII and Blue Earth Capital seal landmark secondary transaction

Blue Earth Capital and British International Investment have announced an agreement for the acquisition of part of BII’s stake in three funds across Africa and...

02 February 2024
in
Finance and other

Sanchez sworn to reform

Cabei’s new president doesn’t believe in coincidence and believes her private sector career has readied her to lead central America’s development bank. The timing of her...

31 January 2024
in
Finance and other

AfDB sells hybrid note in development finance first

AfDB has sold its long-awaited hybrid capital note, the first financing of its kind for multilateral development banks, which are under increasing pressure to find ways...

29 January 2024

EIB, ABN AMRO to make €500m available to Dutch businesses

ABN AMRO has secured €250 million ($270.5 million) in financing from the EIB, with the funds to be used for loans and leases to Dutch businesses. ABN AMRO will match...

29 January 2024

Growth Investment Partners Ghana details first investment

Growth Investment Partners Ghana, a platform created by British International Investment has announced details of its first investment in Ghanaian Business Process...

29 January 2024

Five banks finance over 210,000 projects with $898.8m under ‘Mashrou’ak’ initiative

Five banks have provided EGP27.8 billion (almost $900 million) in financing to over 210,000 MSMEs under the National Project for Community, Human and Local Development,...

25 January 2024
in
Agriculture/food chain

Partial Credit Guarantee Fund in Agriculture is launched

The EU and the World Bank Group, together with the government of Ukraine, has launched the Partial Credit Guarantee Fund in Agriculture (PCGF). The initiative is designed...

10 January 2024

EIB Global makes new investment in Seedstars Africa Ventures I

Innovative businesses and start-ups across Africa will benefit from better access to risk capital thanks to a $30 million equity investment by EIB Global in the Seedstars...

09 January 2024
in
Traditional energy

EIB agrees funds for ELMED DC connection project

ELMED, set to become the first direct current connection between Europe and North Africa, has secured €45 million (almost $50 million) in funding from the European...

22 December 2023
in
Renewable energy

EIB, Santander support energy efficiency projects in Spain

The EIB Group participated in a synthetic securitisation transaction by Santander, providing a €163 million (about $180 million) unfunded guarantee to boost green...

21 December 2023
in
Social infrastructure

SJ to purchase 25 new trains with EIB funds

EIB has signed a SEK1.75 billion loan (about $170 million) agreement with SJ AB to support the acquisition of 25 high-speed trains with maximum speed of up to 250 km/h to...

11 December 2023
in
Social projects

EIB backs Vivium to further improve elderly care services

The EIB and the Netherlands' Vivium Zorggroep have signed a €70 million loan agreement supporting the company’s investment plans running up to...

05 December 2023
in
Climate finance

GuarantCo, StanChart pen Vietnam climate action MoU

GuarantCo and Standard Chartered have signed an MoU during COP28 to develop a climate-focused deal framework that aims to increase funding opportunities in Vietnam and...

04 December 2023

ECAs launch net-zero alliance at COP28

Eight ECAs have used COP28 to launch the UN-convened Net-Zero Export Credit Agencies Alliance in a bid to decarbonise global trade and facilitate joint action from public...

23 November 2023
in
Climate finance

Will COP28 speed up change?

With COP28 due to kick off at the end of month and, based on previous COP outcomes, expectations of progress low, Uxolo takes a look at what progress MDBs have been...

22 November 2023
in
Social projects

Africa Healthcare Network secures $20m

Africa Healthcare Network, which provides dialysis services in Africa, has secured $20 million in equity and debt funding from Africa50 and AfricInvest and Tokyo-based...

10 November 2023
in
Climate finance

World Bank supports greening of Turkish firms

The World Bank has approved a $155 million loan for the greening of firms through equity financing and mobilized private capital, and expand climate financing in...

09 November 2023

Reimagining MDBs: ODI’s initial findings on callable capital

MDB callable capital represents an eye-watering $1.2 trillion in nominal terms, although it has yet to be properly quantified or harnessed. ODI, with funding from the MDB...

30 October 2023
in
Waste and water

ADB approves $90m for water infra, Bangladesh

ADB has approved $90 million for the development of drinking water, sanitation and solid waste management (SWM) services for three towns in the Chattogram Hill Tracts...