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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...

22 February 2021

ADB appoints new sustainable development managing director general

The ADB has appointed Um Woochong as the DFI’s managing director general of its sustainable development and climate change department. The news marked the first...

22 February 2021

EAIF commits to Liquid Telecommunications bond offering

The Emerging Africa Infrastructure Fund (EAIF), a Private Infrastructure Development Group (PIDG), has committed to buy up to $50,000,000 of a bond issue by Liquid...

22 February 2021

ITFC and BCEAO explore digital currencies

The Central Bank of West African States (BCEAO) and the International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group,...

22 February 2021
in
Renewable energy

Zhejiang puts refi on hold for Indonesian geothermal plant

Zhejiang Kaishan Compressor Co has put on hold the $360 million refinancing of its 140MW Sorik Marapi geothermal plant in Indonesia as the project has been suspended for...

19 February 2021
in
Renewable energy

Cambodia invites bids for solar park phase two

Cambodia's electricity utility company Electricite du Cambodge (EDC) opened the bids for the tender of the 40MW National Solar Park project phase two on 17 February,...

19 February 2021
in
Social infrastructure

ADB approves Indian road loan

Asian Development Bank disclosed this week that it had approved an Rs3.7921 billion ($55 million) loan to Dilip Buildcon’s project company of the under-construction...

19 February 2021

EIB finances Avril's research in plant protein and biosource materials

The European Investment Bank has agreed a €50 million loan to French agro-food group Avril to finance innovative projects in the fields of plant proteins and...

19 February 2021
in
Manufacturing, Traditional energy

JICA supports power sector reform in Japan with $237m loan

The Japan International Cooperation Agency has signed a loan agreement with Egypt to provide an ODA loan of up to JPY25 billion ($237.3 million) for power sector...

19 February 2021

EBRD provides $100m loan to Turkey’s Denizbank

The European Bank for Reconstruction and Development is providing $100 million in new funds to Turkey's Denizbank to finance companies’ investments in green...

19 February 2021

EBRD hires new green economy, climate action MD

The European Bank for Reconstruction and Development has appointed Harry Boyd-Carpenter as Managing Director, Green Economy and Climate Action. The role is a key position...

19 February 2021

IFC appoints Makhtar Diop as new MD, executive VP

Makhtar Diop has been appointed Managing Director and Executive Vice President of the International Finance Corporation. He is currently serving as the World...

19 February 2021
in
Social infrastructure

CDC invests in Adjuvant Capital’s $300m venture fund

The UK's CDC Group has invested in a $300 million fund from Adjuvant Capital focused on accelerating the development of medical innovations for historically...