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28 May 2021

Africa’s biggest fund manager loses head of impact investing

Roy Rajdhar, the executive head of impact investing at Africa’s biggest fund manager, has quit. Rajdhar’s departure comes after South Africa’s Public...

28 May 2021
in
Social infrastructure

CABEI signs $50m deal with Kexim to boost fight against COVID

The Central American Bank for Economic Integration has signed a $50 million credit agreement with Export-Import Bank of Korea to strengthen COVID-19 actions in the region...

28 May 2021

Fiera Capital invests in World Bank sustainable development bonds

The World Bank has issued a COP37.275 billion ($10 million), five-year sustainable development bond. The bond was launched as a part of a campaign to raise awareness...

28 May 2021
in
Renewable energy, Traditional energy

AfDB Group signs $140m loan deals for Tanzanian hydropower plant

The African Development Bank Group has signed loan agreements totalling $140 million with the government of Tanzania to finance the construction of the 50MW Malagarasi...

28 May 2021

Afreximbank reports 4% rise in net income

African Export-Import Bank reported a net income of $87.3 million for the three months ended 31 March - a 4% increase over the 2020 performance of $84.2 million, achieved...

28 May 2021
in
Waste and water

World Bank funds project for safe water and sanitation in the Dominican Republic

The World Bank has agreed a $43.5 million loan to expand and improve clean water supply and sanitation services in the municipalities of Moca and Gaspar Hernández,...

27 May 2021
in
Renewable energy

ADB arranges $173m green loan for trio of 48MW wind farms in Vietnam

The Asian Development Bank has signed a $116 million green loan to finance the construction and operation of three 48MW wind farms in Quang Tri Province, Vietnam.The loan...

27 May 2021
in
Social infrastructure

BOAD agrees $177m for infrastructure project financing

The West African Development Bank (BOAD) has approved four new loans totalling XOF95 billion (about $177 million) to finance a series of infrastructure projects.Of the...

27 May 2021

Climate Breakthroughs Summit Highlights Crucial Momentum for Net-Zero Emissions

UN Climate Change News, 27 May 2021 - Today, world leaders convened at the Climate Breakthroughs Summit -- a collaboration between the World Economic Forum, Mission...

27 May 2021
in
Social infrastructure

NIB funds deepening of Port of Ajos sea fairway in Finland

The Nordic Investment Bank has signed a €21 million loan with Kemin Satama Oy to finance the deepening of northern Finland's port of Ajos, including fairway and...

27 May 2021

OeEB, EIB unveil €100m African private sector COVID-19 package

Entrepreneurs and businesses most impacted by the economic, health, and social challenges triggered by COVID-19 will benefit from a new €100 million private sector...

27 May 2021

Lombard Odier picks US boutique impact fund for PrivilEdge platform

Bank Lombard Odier & Co has chosen an impact strategy run by US boutique Atlas Impact Partners for its PrivilEdge fund platform.The PrivilEdge – Atlas Impact...

27 May 2021
in
Waste and water

IDA approves $700m financing for Nigeria water, sanitation project

The World Bank has approved $700 million financing for the Nigeria Sustainable Urban and Rural Water Supply, Sanitation, and Hygiene Program (SURWASH). The credit...

26 May 2021
in
Renewable energy

InfraCo Africa, Solveo Energie sign PPA for Khoumagueli project

InfraCo Africa and Solveo Energie have signed a 25-year Power Purchase Agreement with Electricite de Guinee - marking a significant milestone for the Khoumagueli Solar...

26 May 2021
in
Renewable energy

IFC finances 54.2MW onshore wind farms in Vietnam

The International Finance Corporation is funding the development and construction of two wind power projects in Central Vietnam. IFC is providing a financing package...

26 May 2021
in
Traditional energy

Absa, Investec, DBSA may back Karpowership’s South African energy deal

Absa Group, Investec, and the Development Bank of Southern Africa indicated they could support a bid by a Turkish company to supply emergency power to South...

26 May 2021
in
IT and telecoms

NIB finances roll-out of fibre networks in Finland

The Nordic Investment Bank has signed a five-year loan of €20 million with Finnish Valokuitunen Oy to finance the roll-out of new fibre-to-the-home network...

26 May 2021

Proparco invests in solar group d.light

Solar energy products group d.light has raised $10 million in equity financing from France's Proparco. The latest funding will enable expansion of the company’s...

26 May 2021
in
Social infrastructure

DFC invests in Africa Healthcare Network to boost COVID-19 response

The US International Development Finance Corporation has disbursed a $5 million direct loan to Africa Healthcare Network, the largest operator of dialysis centres in East...

26 May 2021

EIB finances infrastructure recovery in Ukraine

The European Investment Bank has signed a grant agreement of €7 million to be funded by the EU to support the preparation and implementation of the Ukraine Recovery...