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21 March 2024
in
Social infrastructure

JICA finances Abidjan port cereal berth project

JICA has signed a loan agreement with the Government of Cote d'Ivoire, providing a Japanese ODA loan of up to JPY2.455 billion ($16.4 million) for the Abidjan port...

21 March 2024
in
Climate finance

Vietnam receives World Bank payment for reducing emissions via forest preservation

Vietnam has received a $51.5 million payment for verified emissions reductions for reducing deforestation and forest degradation and for enhancing carbon stored in...

21 March 2024
in
Social projects

EBRD supports Palestinian MSMEs

EBRD is committed to assisting MSMEs in Palestine by providing a financing package of $30 million to the Bank of Palestine.MSMEs play a vital role in the Palestinian...

21 March 2024
in
Finance and other, Social projects

Norfund invests $9.2m in AwanTunai

Norfund has invested $9.2 million in AwanTunai, which is helping to improve access to capital for MSMEs in the supply chain of fast-moving consumer goods (FMCG). The...

21 March 2024
in
Social projects

Investment of $55m needed to improve child nutrition in Timor-Leste

Timor-Leste has the potential to make great strides in reducing hunger and malnutrition, as well as lowering childhood stunting rates. A recent report by the World Bank...

21 March 2024
in
Finance and other

IDB provides $20m to Chile for public procurement enhancement

IDB has greenlit a $20 million loan to Chile aimed at bolstering the efficiency and transparency of the nation’s public procurement processes.The program is poised...

21 March 2024

Sustainable bond market posts strong growth in ASEAN+3 economies

The sustainable bond market of member economies of the Association of Southeast Asian Nations, China, Japan, and South Korea expanded 29.3% last year, outpacing the 21%...

21 March 2024

Ringkjobing Landbobank and EIB support Danish SMEs

Ringkjobing Landbobank has signed a DKK745 million (about $108.8 million) loan agreement with the EIB. The funds will be on-lent to eligible Danish small and medium-sized...

21 March 2024
in
Social infrastructure

JICA, IFC grant final tranche of Peru sustainable construction funds

IFC and JICA provided the final tranche of a green financing package for $400 million to BBVA in Peru to promote sustainable construction and energy efficiency projects...

20 March 2024
in
Traditional energy

US pledges $4bn to support Romania's Doicesti SMR project

The US says it will pump $4 billion into supporting Romania's bid to build its first small modular reactor plant.The proposed Doicesti SMR project, 90km northwest of...

20 March 2024
in
Climate finance

EIF commits €25m to Sound Senior Private Debt Fund 1

EIF has agreed to commit €25 million as a cornerstone investor in Sound Senior Private Debt Fund 1. The fund aims to attract a total of €80 million in...

20 March 2024
in
Social infrastructure

EDB to fund $1bn projects in Kazakhstan this year

Eurasian Development Bank plans to invest at least $1 billion in Kazakhstan in 2024, with priority sectors listed as transportation, industry, energy and environmental...

20 March 2024
in
IT and telecoms

IFC supports early-stage tech entrepreneurs in Africa

IFC has made a $5 million equity investment in P1 Ventures, a pan-African venture capital fund focused on pre-seed and seed stage investments in fintech, health,...

20 March 2024
in
Finance and other

Angola agrees lower monthly debt payments to CDB

Angola will pay up to $200 million less each month to service its loans with China Development Bank (CDB), its biggest Chinese creditor.The oil producing country owes...

20 March 2024
in
Climate finance

How DEG funded deforestation in Paraguay

DEG has invested €25 million ($27 million) in the Paraguayan Agricultural Corporation (PAYCO) which, between 2013 and 2020, deforested at least 7,000 hectares of...

20 March 2024
in
Climate finance, Finance and other

IDB Invest and BOAD looking to mirror CLIMA

IDB Invest and BOAD are reportedly both in talks for the development of their own CLIMA initiatives, an innovative programme currently being piloted by IDB.IDB's...

20 March 2024
in
Social infrastructure

EIB agrees €100m to modernise educational institutions in Brandenburg

EIB has earmarked €100 million ($107.8 million) to facilitate the modernisation of educational institutions in the German state of Brandenburg. This framework loan...

20 March 2024
in
Finance and other

IDB Invest prices COP and MXN bonds

IDB Invest issued two sustainable bonds in local currency: one worth MXN2.5 billion (around $150 million) with a tenor of three years in Mexico, and a bond worth COP40...

20 March 2024
in
Climate finance

CABEI, KfW, and EU launch regional sustainable mobility competition

CABEI, in partnership with KfW and the Green Mipymes Initiative II, has launched the Regional Sustainable Mobility Competition. Targeted specifically at MSMEs across...

20 March 2024
in
Social infrastructure

How development banks can catalyze South American infrastructure

A new report looks at how development bank support for infrastructure investments in South America could unlock unlimited growth and development opportunities for the...