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26 May 2021

CABEI agrees additional financing for Bio-CLIMA Project

The Central American Bank for Economic Integration has approved a $24.3 million extension to finance the Bio-CLIMA Project: Integrated Climate Action to Reduce...

26 May 2021
in
Agriculture/food chain

IFC supports Mercon Group to strengthen LatAm coffee sector

The International Finance Corporation has renewed its partnership with Grupo Mercon to strengthen the company's operations in Central America and to support coffee...

26 May 2021
in
Social infrastructure

Development finance ‘paramount’ in fight against AMR pandemic

The world is sleepwalking into a post-antibiotic era, where simple infections become deadly. Looking to halt the march of this ‘silent pandemic’, the EIB and BioVersys...

25 May 2021
in
IT and telecoms

DFC set to be able to finance 5G projects in 22 European nations

House lawmakers have reintroduced legislation that would allow the US Development Finance Corporation to fund 5G infrastructure projects in 22 countries in Central and...

25 May 2021
in
Social infrastructure

$260m AIIB loan finances pioneering Bangladesh bridge

The Asian Infrastructure Investment Bank has approved a $260 million loan to Bangladesh for the construction of a bridge that will make use of the latest advances in...

25 May 2021
in
Social infrastructure

DBJ joins Poseidon Principles

The Development Bank of Japan (DBJ) has become a signatory to the Poseidon Principles. The lender joins Japanese banks Shinsei Bank and MUFG Bank in signing up to the...

25 May 2021
in
Social infrastructure

Saudi Fund for Development in talks with Seychelles on education, housing support

The Seychelles' government has opened discussions with the Saudi Fund for Development on possible financial support for infrastructural development in the education,...

25 May 2021
in
Social infrastructure

World Bank signs $500m deal for education scheme in Gujarat

The Government of India, Government of Gujarat and the World Bank have signed a $500 million program to improve education outcomes for children across the state of...

25 May 2021

BSTDB funds energy efficiency upgrade of Romanian homes

The Black Sea Trade and Development Bank is providing a loan of up to €10 million to Garanti BBVA Consumer Finance, to finance energy improvements and resource...

24 May 2021
in
Social infrastructure

CAF and IADB finance $340m road project in Peru

Peru's Ministry of Economy and Finance has signed two loan deals, one with the Inter-American Development Bank and the other with the Development Bank of Latin...

24 May 2021
in
Mining, Traditional energy

G7 agrees to stop international funding for coal

The world’s seven largest advanced economies have agreed to stop international financing of coal projects that emit carbon by the end of this year, and phase out...

24 May 2021
in
Renewable energy, Traditional energy

BSTDB issues £50m ESG notes

The Black Sea Trade and Development Bank (BSTDB) has launched its second issue of ESG notes for the amount of £50 million following the adoption of the Climate...

24 May 2021
in
Renewable energy, Traditional energy

ADB signs $300m loan for Balakot Hydropower Project in Pakistan

The Asian Development Bank and the Government of Pakistan have signed a $300 million loan to finance the construction of a 300MW hydropower plant in Balakot, Khyber...

24 May 2021

IADB provides $150m loan to boost MSME financing in Panama

The Inter-American Development Bank (IADB) has approved a $150 million loan to support the sustainability of Panama’s MSMEs amid the COVID-19 pandemic and promote...

24 May 2021

Germany issues €407m for Central American projects

Germany has approved €406.9 million ($496.1 million) for the benefit of the Central American region to expand ongoing projects and support future ones. The deal came...

21 May 2021
in
Renewable energy

BNDES agrees $278m financing for 700MW Brookfield solar complex

Brazilian development bank BNDES has approved BRL1.47 billion ($277.8 million) in financing to support the construction of the 700MW Janauba solar complex, owned by a...

21 May 2021
in
Renewable energy

Masdar wins tenders for Uzbekistan solar power plants

Uzbekistan has announced the winning bidder of the public-private partnerships for two photovoltaic solar parks in the Jizzakh and Samarkand regions. These PPPs, tendered...

21 May 2021
in
Social infrastructure

AfDB signs $348m deal to finance 'transformative' Ugandan road projects

The African Development Bank and the Ugandan government have signed two financing agreements totaling around $348 million for the improvement of road transport in the...

21 May 2021
in
Social infrastructure, Waste and water

EIB agrees record €140m financing for Benin

The European Investment Bank has €140 million of new support to accelerate health investment and tackle the health and economic impact of climate change in...

21 May 2021

Emirates Development Bank appoints new chief

Emirates Development Bank has appointed Ahmed Al Naqbi as its new chief executive to lead the lender's new strategy that will provide financing to buttress the UAE...