DFIs need to look beyond their comfort zones by working more proactively in the world’s lowest income countries. Their support for transition technologies in high-income...
AfDB has approved a $50 million trade finance transaction guarantee facility to support to trade finance activities of Awash Bank in Ethiopia.This facility will enable...
EIB is lending €20 million to Swedish sustainable-packaging company PulPac to tackle global plastic pollution. The financing will support development and...
ECOWAS Bank for Investment and Development (EBID) has approved a total amount of €174 million and $125 million to finance projects aimed at stimulating economic...
IFC is investing up to $75 million in Colombia's Banco Finandina through a sustainability-linked loan. The operation aims to expand access to financing for hybrid and...
NIB has signed a ten-year NOK800 million (over $79 million) loan with OBOS Eiendom for the Construction City cluster in Oslo. This loan replaces the five-year NOK600...
IDB Invest is providing a $70 million loan to grow the portfolio of Brazil’s Banco Sicoob in sustainable agriculture and energy. The financing package includes...
The government of Jamaica is inviting expressions of interest (EOIs) to establish a national wholesale broadband network through a public-private partnership (PPP).The...
BNDES will be one of the supporters of the Rio AI City project, an initiative led by Elea Data Centres to develop a data centre complex with 1.5GW of capacity and...
Several Egyptian power and renewables project financings are due to close in the next few months, according to sources with knowledge of the matter.A €170 million...
Eurasian Development Bank has issued a private placement bond, denominated in dirham, in the local UAE capital markets.The issuance of AED200 million ($54 million), was...
IDB has approved a $75 million loan to Paraguay to boost agricultural competitiveness and economic and social development by improving rural roads in the Eastern Region....
Andrew Kircher has been appointed World Bank Group resident representative for Honduras.Kircher joined the World Bank Group in 1999 as a communications officer. Since...
Bernard Harborne has become the World Bank Group resident representative for Solomon Islands and Vanuatu.Harborne will lead the programmes of the International Bank for...
IFC has agreed a $50 million follow-on investment in Victory Park Capital Investor Fund W to support financial inclusion and economic resilience in emerging...
Swedish software company DanAds has secured a €21 million venture debt facility from the European Investment Bank. The funds will accelerate the company’s...
Additional detail has emerged on the financing of Scatec ASA’s Obelisk solar and BESS project in Egypt, which closed in June.Of Obelisk's $590 million project...
Spain has partnered with the World Bank to help poorer countries free up money to spend on development and conservation via debt swaps.With rich governments cutting...
AfDB has approved a ZAR2.5 billion (around $139 million) corporate loan to the City of Johannesburg Metropolitan Municipality, marking the bank's first direct lending...
The World Bank Group has named Wendy Werner as its first country manager of Oman, based in Muscat.Most recently, Werner was the country head for the International Finance...