Afreximbank has announced an investment of $1.3 billion to support projects in Angola.These funds will be invested in priority projects for the country, notably the...
IDB Invest has structured a $967 million package of financial solutions to provide liquidity to 15 electricity generators in Chile that are subject to a law on tariff...
CAF, the development bank of Latin America, has issued a total of $300 million in bonds on the Japanese market as part of its strategy to maintain financing for member...
The Eurasian Development Bank has announced its financial results for 2020, revealing that its balance-sheet project portfolio hit $3 billion, a year-on-year increase of...
The UK's CDC Group has teamed up with Finnfund, the Finnish development financier and impact investor, to provide a $25 million senior unsecured loan facility to...
The World Bank has approved a grant of $97.50 million from the International Development Association to provide regular and predictable cash support to Afghans affected...
ADB approved a financing package of up to $16.4 million to finance the construction of Thailand-based energy producer Prime Road Alternative’s 60MW Chhnang solar...
The Japan International Cooperation Agency (JICA) has approved funding of $37 million to finance the Yumbe-Manibe road upgrade project in Uganda.The project will mainly...
The Black Sea Trade and Development Bank (BSTDB) has extended a €50 million loan to One United Tower to help finance the development of business infrastructure in...
The African Development Bank has debarred Global Interjapan (Kenya) Limited for 36 months, with effect from 24 August, 2020.An investigation conducted by the bank’s...
The Eurasian Development Bank (EDB) has signed a €101.2 million (about $122.9 million) loan deal with Belarus-based Minskenergo to finance the supply of power...
ACWA Power has signed US dollar-denominated 25-year PPAs for its Bukhara and Navoi wind farms in Uzbekistan. Financial close on the DFI-backed debt package funding the...
French battery manufacturer Forsee Power has raised €105 million in capital, including a €50 million loan from the European Investment Bank.The company says...
The Nordic Investment Bank paid out €4.853 billion in loans during 2020, compared to €2.676 billion in 2019. Of this, €1.470 billion were Response...
The European Bank for Reconstruction and Development is considering a loan of up to €30 million ($36.3 million) to finance the construction of a new 24,750 cubic...
Saudi Arabia-headquartered Islamic Development Bank has signed an Agency Agreement with the Islamic Corporation for the Development of the Private Sector (ICD) to benefit...
The OPEC Fund for International Development has signed a $20 million public sector loan agreement with Kenya to increase regional connectivity, enhance trade and improve...
Africa Finance Corporation has appointed Sameh Shenouda as its new Executive Director and Chief Investment Officer.Shenouda brings over 27 years of experience in...
Ruslan Dalenov has been appointed Deputy Chairman of the Management Board of the Eurasian Development Bank. He also became a member of the Management Board.Before joining...
The European Investment Bank is partnering with Housing Bank to support the Jordanian economy with a €100 million line of credit to local private sector businesses...