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09 June 2026
in
Renewable energy, Traditional energy

ADB supports 150MW Kondachchi Wind and BESS Project

ADB has signed a cooperation agreement on transaction advisory services with Sri Lanka to support the development of the 150MW Kondachchi Wind and BESS Project.The...

09 June 2026

Women entrepreneurs in Ecuador get $30m boost

Proparco is granting Banco del Austro a $30 million ARIZ portfolio guarantee to expand lending to MSMEs in Ecuador. The guarantee will support new financing for...

09 June 2026
in
Finance and other

IDB Invest achieves 'AAA' credit rating by S&P

IDB Invest has received a AAA credit rating from S&P Global Ratings after completing a $3.5 billion capital increase. The upgrade from AA+ reflects the...

09 June 2026

Marshall Islands gets World Bank support amid energy crisis

The World Bank has approved $9 million of additional financing for Marshall Islands to respond to higher energy costs. The assistance provides immediate budget...

09 June 2026

Serbian MSMEs backed by €100m EBRD-EU deal

EBRD, with EU support, is providing a €100 million ($120 million) portfolio risk-sharing facility to ProCredit Bank Serbia for MSME lending. The transaction...

09 June 2026
in
Finance and other

Akhalkatsi appointed EBRD head of Tunisia

EBRD has appointed George Akhalkatsi as its new head of Tunisia, succeeding Nodira Mansurova. Akhalkatsi will take up the position on 1 September and will be based...

09 June 2026
in
Finance and other

Zakaria appointed head of EBRD Yerevan office

Remon Zakaria will become head of the EBRD's Yerevan Resident Office on 1 September. He replaces George Akhalkatsi and will be responsible for the EBRD's...

09 June 2026
in
Climate finance

Mayotte lagoon protection initiative is launched

AFD, the French Ministry for Overseas Territories, the Aga Khan Foundation and the Ismaili Imamat have signed an MoU for a Mayotte lagoon and coastal resilience...

08 June 2026

Hygenco receives $105m equity investment

IFC, Siemens Financial Services and Fullerton Carbon Action Fund have signed definitive agreements for a $105 million equity investment in India's Hygenco. The...

08 June 2026

Palestinian MSMEs get €400m EIB, EU support

The EIB and European Commission have launched a €400 million ($460 million) facility for Palestinian MSMEs. The facility is being implemented through sub-MSME...

08 June 2026
in
Traditional energy

AfDB approves €103m Cote d'Ivoire electricity access funding

AfDB has approved €103.14 million ($120 million) in financing for Cote d'Ivoire to expand electricity access. The approval was granted for the second phase...

08 June 2026
in
Social infrastructure

World Bank approves €191.5m Turkish infrastructure loan

The World Bank Group has approved a €191.5 million ($220 million) loan to Turkiye to modernise urban infrastructure and services in Antalya and Konya. The...

08 June 2026
in
Social infrastructure

EIB mobilises 2nd tranche of €500m for Morocco post-earthquake reconstruction

The EIB is mobilising a second €500 million ($580 million) tranche to Morocco for post-earthquake reconstruction. The financing is part of the EU bank's...

08 June 2026
in
Finance and other

Solovova appointed EBRD head of Montenegro

Ekaterina Solovova has been appointed associate director, head of Montenegro at the EBRD, effective 1 September. Solovova will lead the bank's activities in...

08 June 2026
in
Social infrastructure

OPEC Fund signs $150m South Africa infrastructure financing

The OPEC Fund has signed a $150 million policy-based loan with South Africa to support energy and transport infrastructure reforms. The financing will support...

08 June 2026

AfDB, WFP launch $87m Sudan food security project

AfDB and the UN World Food Programme (WFP) have signed an $87 million BOOST project for Sudan. The four-year Boosting Agrifood Systems Resilience in Sudan Project...

08 June 2026
in
Social infrastructure, Social projects

IDB Invest approves Lottus Education equity investment

IDB Invest approved a MXN200 million ($11 million) equity investment in Lottus Education to expand higher education access in Mexico. The transaction is a direct...

08 June 2026

Moldova receives $250m for growth, jobs, resilience

The World Bank has approved a $250 million Growth and Resilience Development Policy Loan for Moldova to support competitiveness, resilience and EU integration. The...

08 June 2026

AfDB approves $20m Madagascar trade finance guarantee

AfDB has approved a $20 million trade finance guarantee facility for BMOI in Madagascar. The guarantee is aimed at accelerating Madagascar's industrialisation...

08 June 2026
in
Finance and other

JICA, EBRD launch $1bn local currency facility

EBRD and JICA have launched a facility of up to $1 billion to expand local currency financing across the EBRD regions. The agreement establishes the Japan-EBRD...