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04 June 2021
in
Waste and water

DBSA signs ZAR5.5bn loans for Lesotho Highlands Water Project Phase II

The Trans-Caledon Tunnel Authority and the Development Bank of Southern Africa (DBSA) have sealed two loan facility deals totalling ZAR5.5 billion for Phase II of the...

04 June 2021

Afreximbank's Kofi Asumadu Addo, Director Guarantees and Specialized Finance, on Covid 19

Sam McManus, Director at Uxolo Development Finance speaks with Kofi Asumadu Addo, Director Guarantees and Specialized Finance at Afreximbank on how after being mandated...

04 June 2021

ADB and JSCB Hamkorbank boost MSME financing

The Asian Development Bank and JSСB Hamkorbank have signed a loan for $20 million equivalent in Uzbek sum to expand access to credit for micro, small, and medium-sized...

04 June 2021
in
Mining

EDB to finance Eurasian Resources Group’s iron ore division

The Eurasian Development Bank is mulling extending a credit facility to Kazakhstan's Sokolov-Sarbai Mining Production Association - part of the Eurasian Resources...

04 June 2021

Citi expands Impact Fund portfolio with 5 new investments

Citi has announced its next round of investments through the Citi Impact Fund, a $200 million fund launched in 2020 to invest in companies that are addressing some of the...

04 June 2021
in
IT and telecoms

Uganda secures $200m for internet access project

The World Bank has approved $200 million financing to expand access to high-speed and affordable internet, improve efficiency of digitally enabled public service...

03 June 2021
in
Waste and water

KfW finances upgrade of Namibia wastewater treatment plant

German development agency KfW is providing a grant of NAD10.96 million (about $795,000) to the municipality of Windhoek, in Namibia, to finance the upgrade of the Gammams...

03 June 2021

BSTDB boosts SME finance with loan to Ameriabank

The Black Sea Trade and Development Bank (BSTDB) is providing a five-year €23 million ($28 million) loan to Ameriabank to expand access to finance for Armenian...

03 June 2021

OPEC Fund loan to Ipoteka Bank will support SMEs and private sector development

The OPEC Fund for International Development has signed a $30 million private sector loan agreement with the Joint Stock Commercial Mortgage Bank, in Uzbekistan. The loan...

03 June 2021

DFC supports refugees through Near East Foundation financing

The US International Development Finance Corporation has agreed $10 million in financing for the Near East Foundation (NEF) UK to help support refugees and host...

03 June 2021

ADB sells $5.5bn dual tranche global benchmark bonds

The Asian Development Bank returned to the US dollar bond market with the pricing of a three-year global benchmark bond worth $4 billion and a seven-year global benchmark...

03 June 2021
in
Social infrastructure

CABEI finances new road access to Tegucigalpa

The Central American Bank for Economic Integration (CABEI) is financing a project to improve access to Tegucigalpa, the capital city of Honduras.CABEI is providing $44.2...

03 June 2021

IFC invests $20m in Kandeo 3D

The International Finance Corporation is investing $20 million in Kandeo 3D, a private debt fund managed by Kandeo Investment Advisors that will provide financing to...

02 June 2021
in
Renewable energy

BNDES agrees $41.5m loan for 63MW wind park

BNDES has approved a BRL216.7 million ($41.5 million) loan to support the construction of a 63MW wind park in Rio Grande do Norte state, part of the initial 504MW phase...

02 June 2021
in
Mining, Renewable energy, Traditional energy

FMO to phase out direct investments in fossil fuels

Dutch development bank FMO has vowed to phase out fossil fuels in direct investments from its portfolio.The lender launched its Position Statement on Fossil Fuels in...

02 June 2021
in
Agriculture/food chain, Mining

EBRD and GCF to boost climate action with new $1bn programme

The European Bank for Reconstruction and Development and the Green Climate Fund are launching the new $1.01 billion “High impact programme for the corporate...

02 June 2021

CDB to sell $2bn onshore bond amid greenback glut

China Development Bank is to sell its first dollar-denominated onshore bond in nearly six years as Chinese banks struggle with a mountain of dollars on deposit. CDB is...

02 June 2021

IDB Invest unveils guide to drive regional push into thematic bonds

IDB Invest has published an executive guide to help companies and banks in Latin America and the Caribbean meet the growing international demand for thematic bonds.The...

02 June 2021
in
Renewable energy

IFC, Proparco, EIB finance solar PV plants in Senegal

Almost 540,000 people in Senegal will get access to clean and affordable power following the launch of two solar photovoltaic plants, financed by the International...

02 June 2021

NDB and Chexim sign sustainable development project MoU

The New Development Bank and the Export-Import Bank of China have signed a Memorandum of Understanding which provides a framework for strategic, technical and operational...