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02 June 2021

World Bank supports flood-risk reduction project in Senegal

The World Bank has given the green light to $155 million financing to support Senegal to reduce flood risks in peri-urban areas of Dakar and improve capacity for...

02 June 2021

EIB helps finance expansion of startup Red Points

The European Investment Bank has signed the first venture debt operation in Spain under the Pan-European Guarantee Fund – part of the €540 billion EU response...

02 June 2021

Arcano Impact Private Equity Fund raises over €200m

Arcano Asset Management has raised over €200 million to date for the Arcano Impact Private Equity Fund (AIPEF) and has already completed ten transactions, including...

02 June 2021
in
Manufacturing, Traditional energy

AfDB finances project to boost electricity access in Rwanda

The African Development Bank Group has approved $84.22 million in loans and grants to electrify nearly 80,000 rural households in south Rwanda. The funds comprise a loan...

02 June 2021

Canadian impact fund debuts new model for financing indigenous entrepreneurs

The $150 million IGF fund—run by and for Indigenous communities—reached first close at the end of April. The innovative Canadian social impact scheme uses public sector...

01 June 2021
in
Social infrastructure

Heritas Growth Fund III reaches first close of $60m

Singapore-based Heritas Capital (Heritas) has held the first close of its third private equity fund, Heritas Growth Fund III, at $60 million. The close was anchored by...

01 June 2021

Roland Siller to become new CEO of DEG

Roland Siller has been appointed as the new CEO of Deutsche Investitions- und Entwicklungsgesellschaft (DEG) for three years.He will succeed Christiane Laibach, who will...

01 June 2021
in
Social infrastructure

Romania prepares €480m EIB loans for hospitals

The Romanian Government has approved an in-principle agreement for two loans of about €480 million from the European Investment Bank to partly finance the building...

01 June 2021
in
Renewable energy, Traditional energy

AIIB commits $50m to SUSI Asia Energy Transition Fund

The Asian Infrastructure Investment Bank is commiting $50 million to the SUSI Asia Energy Transition Fund, contributing to its first closing held this week. The fund...

01 June 2021
in
Agriculture/food chain

EIB and Euralis sign €44m loan deal for new seed varieties research

The European Investment Bank and French agricultural and food cooperative Euralis Group have signed a €44 million financing deal.The operation covers financing for...

01 June 2021
in
IT and telecoms

EIB helps finance 5G, fibre optic network project in Italy

The European Investment Bank is supporting Italy's TIM in the development of state-of-the-art network infrastructure with two loans totalling €350...

01 June 2021

Black Economic Development Fund hits $250m goal

The Black Economic Development Fund, managed by the Local Initiatives Support Corporation, has reached its $250 million goal for capital to invest in Black-led banks,...

01 June 2021

BSTDB loan helps Turkish Hayat Kimya expand in Russia

The Black Sea Trade and Development Bank (BSTDB) has provided a seven -year €75 million ($91.6 million) loan to the Turkish Hayat Kimya Group for the construction of...

01 June 2021

NIB signs loan with ESS for materials science research

The Nordic Investment Bank and the European Spallation Source ERIC have signed an eight-year loan agreement of SEK507.5 million (€50 million) for the initial...

01 June 2021
in
Agriculture/food chain

ADB to improve water resources management in Xichuan, China

The Asian Development Bank has approved a $200 million loan to improve water resources management and sustainability of agricultural production systems in Xichuan county...

01 June 2021
in
Agriculture/food chain

GuarantCo guarantees domestic bond issuance by PRAN Agro

GuarantCo has provided Bangladesh-based PRAN Agro with a 100% guarantee of a BDT2.1 billion (about $25 million) on-shore bond with a seven year tenor to attract domestic...

01 June 2021
in
Social infrastructure

IFC, Proparco, Cerba Lancet Africa partner to expand diagnostic capacity

The International Finance Corporation, France's Proparco, and Cerba Lancet Africa have announced a partnership to strengthen diagnostic capacity and the health...

01 June 2021
in
Social infrastructure

IFC, Proparco, DEG, DFC support vaccine rollout in Africa

The International Finance Corporation, Proparco, DEG, and the US International Development Finance Corporation have announced a partnership to support vaccine...

28 May 2021
in
Social infrastructure

$200m ADB loan continues support for Sri Lankan road project

The Asian Development Bank has signed a $200 million loan agreement with the Sri Lankan government for the Second Integrated Road Investment Program Tranche 3 to upgrade...

28 May 2021
in
Agriculture/food chain

EBRD helps Indorama introduce advanced cotton farming tech in Uzbekistan

The European Bank for Reconstruction and Development is supporting the modernisation of agriculture and enhanced economic opportunities for the local population in...