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18 May 2021

Ascent holds first close of Ascent Rift Valley Fund II

African private equity fund manager Ascent has held the first rolling close of its Ascent Rift Valley Fund II (ARVF II) at more than $100 million, significantly exceeding...

18 May 2021

Understanding ECAs: Smoothing an uneasy multi-sourced alliance?

Because of their very different lending and cover mandates, ECAs and DFIs have long been fractious allies in big-ticket multi-sourced project financing in emerging...

18 May 2021

Abu Dhabi Exports Office signs $30m trade finance deal with TDB

Abu Dhabi Exports Office (ADEX), the export finance arm of the Abu Dhabi Fund for Development, has signed a $30 million trade finance agreement with the Eastern and...

18 May 2021

Guinea Signs Establishment Agreement of Fund for Export Development in Africa

Guinea has signed the Agreement for the Establishment of the Fund for Export-Development in Africa (FEDA), a development impact-oriented subsidiary of the African...

18 May 2021

JICA agrees development projects loan to Morocco's FEC

The Japan International Cooperation Agency has agreed a $165 million loan with the Fonds d’Equipement Communal (FEC) to finance development projects of the...

18 May 2021
in
Social infrastructure

World Bank finances FSM road improvement project

The World Bank has approved a $40 million project for the Federated States of Micronesia (FSM) to improve the resilience of the country’s primary road network to...

17 May 2021

AfDB and EBRD partner to unlock sustainable investment opportunities in Africa

The African Development Bank Group and the European Bank for Reconstruction and Development have signed a memorandum of understanding to promote sustainable...

17 May 2021
in
Social infrastructure

CABEI signs deal to finance 2.8 million vaccine doses for Honduras

The Central American Bank for Economic Integration (CABEI) and the government of Honduras have formalized the $35 million financing for the purchase of 2.8 million doses...

17 May 2021

BSTDB raises funding for SME Leasing Finance in Romania

The Black Sea Trade and Development Bank is expanding its support to SMEs in Romania with a €20 million leasing facility to Garanti BBVA Leasing. The financing will...

17 May 2021
in
Social infrastructure

TDB finances expansion of King Faisal Hospital in Rwanda

The Eastern and Southern African Trade and Development Bank (TDB) is financing the expansion of Kigali’s King Faisal Hospital's outpatient facilities in Rwanda...

17 May 2021

IoT-focused fund is launched in Latin America

Indicator Capital, Brazilian development bank BNDES, and Qualcomm Ventures have launced the early-stage venture capital fund Indicator 2 IoT FIP, with a first-close of...

17 May 2021
in
Waste and water

NADB agrees financing for three water projects

The North American Development Bank (NADB) has approved three new projects in the water sector worth a total of $8.26 million.The first project is a drinking water...

17 May 2021
in
Renewable energy, Traditional energy

IFC invests $20m in Romania's first green bond

The first ever green bond to be issued by a financial institution in Romania will boost access to climate finance and help enhance the resilience of the banking sector...

17 May 2021
in
Social infrastructure

Uganda approves $395.5m loan for Kampala-Malaba MGR project

Uganda’s Parliament has approved a $395.5 million loan for the refurbishment of the Kampala-Malaba Meter Gauge Railway (MGR).The project is part of the bigger...

17 May 2021

IDB supports vulnerable populations in Peru

The Inter-American Development Bank has approved a $600 million project for Peru to improve the protection of vulnerable people through social policies. The project...

17 May 2021
in
Social infrastructure, Waste and water

EIB unveils €1.5bn financing for vaccines, clean energy, water projects

The European Investment Bank has approved €1.5 billion of new financing to strengthen support for global distribution of COVID-19 vaccines through the Covax...

14 May 2021

Covid-19 support spurs ADB’s record lending commitment to India

The Asian Development Bank (ADB) committed $3.92 billion in sovereign loans for 13 projects to India in 2020, including $1.8 billion in projects to support India’s...

14 May 2021
in
Manufacturing, Renewable energy, Social infrastructure, Traditional energy, Waste and water

Private sector participation in developing countries drops in 2020

New data from the World Bank shows that private participation in infrastructure (PPI) in developing countries, while taking an historic plunge in the first half of 2020...

14 May 2021

FPIP raising A$250 million impact investment vehicle

For Purpose Investment Partners (FPIP) – an impact investor founded last year by former National Australia Bank CEO Andrew Thorburn and ex-Macquarie banker Michael...

14 May 2021

FMO provides sub-debt for Sathapana Bank

FMO is providing Cambodia’s Sathapana Bank with a $20 million subordinated loan to help the bank extend financing to small to medium-sized enterprises (SMEs) and...