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25 February 2021
in
Waste and water

AFD finances water purification project in Gaza

FCG Finnish Consulting Group has been chosen to develop a water supply project in Gaza. The project is worth around €900,000 and is funded by Agence Francaise de...

25 February 2021
in
IT and telecoms

IFC agrees first loan for Kyrgyzstan's telecom sector

Households, businesses, and public institutions in the Kyrgyz Republic will gain improved access to high-speed broadband thanks to a pioneering investment by the...

25 February 2021

ADB sells $2bn 10-year global benchmark bond

The Asian Development Bank has priced a $2 billion ten-year global bond, proceeds of which will be part of ADB’s ordinary capital resources.The ten-year bond, with...

25 February 2021
in
Waste and water

EBRD helps finance water and wastewater upgrades in Bulgaria

The European Bank for Reconstruction and Development and the European Union are financing upgrades to water supply and wastewater systems in Bulgaria’s Stara Zagora...

25 February 2021
in
Renewable energy, Traditional energy

BSTDB raises $85m through first ESG notes

The Black Sea Trade and Development Bank (BSTDB) has issued its first Environmental, Social and Governance notes, raising $85 million in a private placement with an Asian...

24 February 2021

Total EIB Group financing in Poland hit €5.2bn in 2020

The EIB Group provided €5.2 billion of overall financing to Poland's public and private sectors in a year heavily marked by the COVID-19 pandemic.Volumes...

24 February 2021
in
Manufacturing, Traditional energy

AIIB agrees $304m loan for Assam electricity upgrade project

The Asian Infrastructure Investment Bank has signed a $304 million loan agreement to fund the Assam Intra-State Transmission System Enhancement Project, in India.The...

24 February 2021

World Bank finances project to protect landscapes in Lao PDR

The World Bank has approved a $57 million project to help Lao PDR promote sustainable forest management and improve protected area managemen in eight provinces across the...

24 February 2021

ADB appoints Bruno Carrasco to lead sustainable development role

The Asian Development Bank has appointed Bruno Carrasco as Director General and Chief Compliance Officer of its Sustainable Development and Climate Change Department,...

24 February 2021
in
Mining

BNDES closes out its stake in miner Vale, raising $2bn

Brazilian development bank BNDES has closed out its stake in miner Vale, selling 188.5 million shares and raising around BRL11 billion ($2 billion).The sale of the 3.6%...

23 February 2021

China’s overseas energy lending tumbles to lowest since 2008

China’s overseas energy financing dropped to the lowest level since 2008 after the pandemic hampered deal-making in developing nations. Financing for foreign...

23 February 2021

DEG commits €1.4bn from own funds in 2020

Germany's DEG made commitments from its own funds totalling approximately €1.4 billion for financing private investment in developing and emerging countries in...

23 February 2021
in
Renewable energy

Qotto receives financing for Benin, Burkina Faso solar project

The Off-Grid Energy Access Fund of the Energy Inclusion Facility (EIF OGEF) is providing French start-up Qotto with €2 million in financing for the extension of its...

23 February 2021

Development Bank of Wales to get £270m extra funding

The Welsh Government is to boost the Development Bank of Wales with £270 million additional funding to back the growth of SMEs.This will take its funding to back...

23 February 2021
in
Manufacturing, Traditional energy

EIB finances rollout of smart meters in Flanders by Fluvius

The European Investment Bank has agreed a lending facility to Belgian network operator Fluvius for the rollout of smart metering systems in Flanders. A first tranche of...

23 February 2021

CABEI lowers interest rates on loans granted to member countries

The Central American Bank for Economic Integration (CABEI) is to lower by 0.10% the interest rate applicable to current and new sovereign public sector loans that have a...

23 February 2021

Dhaka needs to pay $460m to join NDB

Bangladesh will have to pay about $460 million in subscription fee to become a member of the New Development Bank. Of the sum, $92 million shall be contributed to the...

23 February 2021
in
Manufacturing, Traditional energy

World Bank, AFD support Angola's electrification project

The World Bank has approved a $250 million loan to improve the operational performance of the electricity sector utilities and increase electricity access in selected...

23 February 2021
in
Agriculture/food chain, Social infrastructure, Waste and water

OPEC Fund extends $50m for poverty reduction in Tanzania

The OPEC Fund for International Development has signed a $50 million loan with Tanzania to finance the Fourth Tanzania Poverty Reduction Project. The project will...

22 February 2021

EIB extends tightly priced loan to support Ukrainian SMEs

Ukraine is expected to receive a €700 million ($850 million) loan from the EIB to back the improvement of SMEs in the country, according to Ukrainian prime minister...