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11 February 2021
in
Renewable energy

ADB and Energy Absolute sign $47m green loan

The Asian Development Bank and Energy Absolute Public Company Limited have signed a THB1.5 billion ($47.62 million) green loan to finance ongoing renewable energy...

11 February 2021
in
Renewable energy, Traditional energy

IFC supports India’s Continuum in first green bond offering in Singapore

Continuum Green Energy, an Indian renewable energy developer, has tapped the International Finance Corporation to anchor its first green bond.IFC has subscribed to 10% of...

10 February 2021
in
Renewable energy

World Bank, AfDB finance hybrid solar mini-grids in Nigeria

The Nigerian company Acob Lighting has signed a grant from the Rural Electrification Agency of Nigeria . The funding - from the World Bank and the African Development...

10 February 2021
in
Traditional energy

APICORP’s latest benchmark $750m bond achieves lowest-ever spread

The Arab Petroleum Investments Corporation (APICORP) has issued a benchmark $750 million dollar-denominated five-year bond aimed at further bolstering the multilateral...

10 February 2021
in
Social infrastructure

EBRD supports new dry port development in Egypt

The European Bank for Reconstruction and Development is supporting the construction of a dry port and logistics centre in 10th of Ramadan City, Egypt, with a €1...

10 February 2021

ADB issues first gender bond in Kazakhstan tenge

The Asian Development Bank raised KZT8.4 billion (about $20 million) from the first gender bond issued in Kazakhstan.Proceeds of the bond will help finance the KZT38...

10 February 2021
in
Mining

IDC agrees to extend repayment date of MC Mining loan

Junior coal miner MC Mining, which is developing South Africa's only hard coking coal mine, says the Industrial Development Corporation has agreed to push back...

10 February 2021

EIB Group engagement in Greece reaches record €2.8bn

Annual financing provided by the European Investment Bank Group and the amount approved for future investment plans reached record levels in Greece last year. Some...

10 February 2021
in
Renewable energy

Hitachi ABB Power Grids partners on Africa’s largest solar project

Hitachi ABB Power Grids has joined forces with Sun Africa and M. Couto Alves, part of the EPC conglomerate, to supply the main electrical infrastructure to connect...

10 February 2021

IFC appoints Martin Spicer to lead LatAm, Caribbean role

The International Finance Corporation has appointed Martin Spicer as director for Latin America and the Caribbean.Spicer has over 25 years of experience with IFC. He was...

10 February 2021

EIB approves €600m financing for Valeo's research projects

The European Investment Bank has approved a €600 million package for automotive supplier Valeo to finance its research projects focused on reducing CO2 emissions and...

10 February 2021
in
Waste and water

Chilean desal plant funding progresses

Sponsors of a $1.3 billion desalination plant in Northern Chile - Marubeni and Transelec - are re-examining contracts for the scheme with lenders and the offtaker, with...

10 February 2021
in
Manufacturing, Traditional energy

TDB partners with Power Bank to drive energy projects in Africa

The Eastern and Southern African Trade and Development Bank (TDB) and Power Bank have signed a cooperation agreement with the aim to unlock new collaboration in the...

09 February 2021

IADB prices $50m Sustainable Development Bond

The Inter-American Development Bank has priced a $50 million, 15-year fixed-rate Sustainable Development Bond to support its strategic priorities to reduce poverty and...

09 February 2021

IDB Invest and SEAF boost SMEs in the Caribbean

IDB Invest has provided an equity investment in the SEAF Caribbean SME Growth Fund of up to $10 million - or 20% of the fund’s total commitments, or the lesser of...

09 February 2021
in
Renewable energy

AFD finances project to hybridise 23 diesel mini-grids in Kenya

Kenya Power (KPLC) has launched a call for tenders for the hybridisation of 23 diesel mini-grids with renewable sources such as solar and wind power. Companies interested...

09 February 2021

EIB Group provides €443m to Bulgarian economy in 2020

The European Investment Bank Group provided loans, guarantees and equity commitments worth €443 million for projects in Bulgaria in 2020. This represents a 23%...

09 February 2021
in
Social infrastructure

CABEI raises COVID-19 vaccine funding to $800m

The Central American Bank for Economic Integration (CABEI) has approved an increase of up to $400 million for the acquisition and application of vaccines against COVID-19...

09 February 2021
in
Renewable energy, Traditional energy

BNDES agrees $4.4m financing for Brazilian biogas projects

Brazilian development bank BNDES has approved BRL23.4 million ($4.4 million) in loans to finance biogas projects.The lender will disburse BRL13.3 million for an 8.7%...

09 February 2021
in
Social infrastructure

Eurasian Development Bank co-arranges Russian Railways bond

The Eurasian Development Bank has co-arranged a bond issue by Russian Railways.The order book totalling RUB20 billion (about $269.7 million) opened on 29 January with an...