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20 October 2021
in
Renewable energy, Traditional energy

AGF agrees financing for Kenyan green energy projects

The Co-operative Bank of Kenya has signed a loan portfolio guarantee agreement with the African Guarantee Fund (AGF) for small and medium-sized enterprises with the aim...

20 October 2021
in
Social infrastructure

Ukraine's Chornomorsk Port PPP progresses

The structuring and tendering for a public-private partnership to modernise Ukraine's Chornomorsk Port, on the north-shore of the Black Sea, is progressing. The...

20 October 2021
in
IT and telecoms

IADB finances Argentina internet access project

The Inter-American Development Bank has approved a $100 million loan for a program to promote internet access and digitization in Argentina. The operation seeks to...

20 October 2021

Risk transfer mechanisms can help bridge $3.7trn development finance gap

An OECD report calls for development finance actors to use risk transfer mechanisms to mobilise more private sector funding for the sustainable development goals.

19 October 2021
in
Social infrastructure

Newron Pharmaceuticals receives tranche No.5 from EIB

Italy's Newron Pharmaceuticals, a biopharmaceutical company focused on the development of novel therapies for patients with diseases of the central and peripheral...

19 October 2021

IFC invests in Hamza Textiles to help finance new factory

The International Finance Corporation has invested $22.7 million in Hamza Textiles Limited - a dyeing and finishing company of Dulal Brothers - to help improve global...

19 October 2021

Palisade boosts team to launch Impact investing platform

Australia-based independent infrastructure manager Palisade has hired Steve Gross and Jeremy Wernert to co-found Palisade Impact, a specialist impact investing...

19 October 2021
in
Renewable energy

Qair and STOA unveil first project of new investment platform

Qair, an independent producer of renewable energy, and STOA, the investment holding company created by the Caisse des Dépôts et Consignations and the Agence...

19 October 2021
in
Renewable energy, Traditional energy

BlackRock backs expansion of corporate climate data project

BlackRock has thrown its weight behind a plan to provide free in-depth data on how thousands of companies are adapting to the transition to a low-carbon...

19 October 2021

KDB issues $1.5bn in global bonds

Korea Development Bank (KDB) has successfully issued $1.5 billion worth of bonds to foreign investors. The lender has sold ten-year bonds worth $300 million and five...

19 October 2021
in
Renewable energy

Ninh Thuan wind refi out to lenders

AC Energy and BIM Group – sponsors of the $155 million 88MW Ninh Thuan wind project in Vietnam, which started operations earlier this month – are out to banks...

19 October 2021

$40m ADB loan for Cambodia’s financial sector development

The Asian Development Bank has approved a $40 million policy-based loan to support the Government of Cambodia’s efforts to expand access to credit among micro,...

19 October 2021

CEB signs €60m Tampere infrastructure loan deal

The Council of Europe Development Bank has signed a €60 million framework loan agreement to finance the construction, restoration and extension of municipal...

19 October 2021

CDC backs first private equity fund from Summit Africa

Summit Africa has announced the final close for its impact-focused private equity fund - Summit Private Equity Fund I (SPEF I) - with total commitments of $115 million,...

19 October 2021
in
Social infrastructure

AIIB to co-finance Punjab highway project with ADB

The Asian Infrastructure Investment Bank is considering co-financing the Punjab government’s highway development project with a loan of $321 million to dualise...

19 October 2021

CAF and OPEC Fund sign sustainable development deal

The OPEC Fund and CAF, the development bank of Latin America, have signed a framework cooperation to collaborate on the economic and social reactivation plans being led...

18 October 2021
in
Agriculture/food chain

Rubio Impact Ventures Raises $128 million in second fund

Rubio Impact Ventures has closed its second fund with $128 million, almost 40% more than its initial target. It now manages $174 million of impact capital, four times...

18 October 2021
in
Renewable energy, Traditional energy

Vietnam battery storage pilot project gets $3 million grant from US

The US Consulate General has awarded a grant for $2.96 million towards the construction of a battery energy storage system (BESS), which will be retrofitted to a...

18 October 2021

KfW Development Bank to provide Turkey $82.5 million grant to enable job creation for Syrian refugees

Germany’s state-owned KfW Development Bank will provide Turkey with a grant of $82.5 million to support efforts to create jobs for Syrian refugees.The grant will be...

18 October 2021

Covid-19: Social Investment Business (SIB) to launch new loan fund to support UK charities and social enterprises

Social Investment Business (SIB) is launching a new loan fund to support UK charities and social enterprises in the post-Covid recovery.The charity – which provides...