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08 January 2025

IsDB supports SMEs in Uzbekistan

Uzbekistan has launched a project to bolster the financial resilience of SMEs with funding from the Islamic Development Bank (IsDB).IsDB will provide $30 million for the...

08 January 2025
in
Social infrastructure

BNDES approves funding for Brasília subway extension

BNDES has approved financing of BRL400 million ($65 million) to expand line No. 1 of the subway in capital Brasília by 3.6km.The project, which requires total...

08 January 2025
in
Finance and other

IDB issues $150m in notes

The Inter-American Development Bank has issued $150 million worth of notes under its Global Debt Program. The notes carry a fixed interest rate of 4.21% and are set to...

08 January 2025
in
Social projects

T1D Fund appoints Elizabeth Mily as CEO

The T1D Fund, an impact investment fund with a focus on accelerating solutions to treat, prevent, and cure type 1 diabetes, has appointed Elizabeth Mily as Chief...

07 January 2025
in
Finance and other

EIB fears ‘reputational disaster’ over revised EU green reporting

The European Investment Bank fears a “reputational disaster” this year if the EU applies reporting rules that would shatter its climate-friendly credentials,...

07 January 2025
in
Climate finance

Chile receives funds for cutting carbon emissions

Chile has received $5.1 million from the World Bank’s Forest Carbon Partnership Facility (FCPF) for reducing 1.03 million tonnes of carbon emissions from...

07 January 2025
in
Finance and other

KfW Group names new chief economist

Dirk Schumacher has been appointed as the new Chief Economist of KfW Group. A doctor of economics, he will assume the role on 1 April, 2025.Schumacher will become the...

07 January 2025
in
Renewable energy

Dominica geothermal project gets CDB funding

Caribbean Development Bank has approved a $34.8 million loan to fund the construction of a 10MW geothermal power project in Dominica. CDB’s funding –...

07 January 2025
in
Finance and other

Nordic Investment Bank hires new Chief Risk Officer

Jacob Kooter Laading has been appointed as Vice-President, Chief Risk Officer, and Head of Risk & Compliance of NIB. He will join NIB's Executive Committee...

07 January 2025
in
Mining

Syrah Resources secures loan waiver amid Mozambique unrest

Australia's Syrah Resources has secured a waiver for default events under its United States International Development Finance Corporation (DFC) loan of $150 million,...

07 January 2025
in
Social infrastructure

AfDB funds Tunisian road upgrade project

AfDB is providing €80.16 million ($83.6 million) to Tunisia to implement the next phase of the country’s road improvement scheme.The project for Phase 3 of the...

07 January 2025
in
Renewable energy, Social infrastructure

NDB approves new infra deals totalling $776m

New Development Bank has released details of four new project proposals with loans totalling around $776 million.The lender approved a loan of up to $490 million to India...

07 January 2025

EBRD, Credit Agricole Ukraine support Ukrainian firms

EBRD and Credit Agricole Ukraine (CAU) have penned a Risk Sharing Framework for €50 million.The deal will enhance the capacity of the bank to make loans to a greater...

07 January 2025

IDB Invest supports Victory Park Capital debt fund

IDB Invest approved an investment of up to $50 million in Victory Park Capital (VPC) Investor Fund, a dedicated debt fund in Latin America and the Caribbean committed to...

06 January 2025
in
Finance and other

IBRD prices A$1.75bn five-year bond

IBRD has priced its first benchmark of 2025 – a A$1.75 billion five-year bond due January 10, 2030.The transaction received over 70 orders, totaling more than A$3.1...

06 January 2025
in
Traditional energy

Rogun Hydropower Project gets AIIB financing

The Rogun Hydropower Plant Project in Tajikistan has received further DFI support in the form of a multiphase program with a total financing envelope of $500 million, and...

06 January 2025

KfW supports Chile in mobilising green hydrogen private investment

KfW will provide €100 million ($103.5 million) to Chile to support the country's green hydrogen economy. The loan is part of the European Global Gateway...

06 January 2025

OTP Bank Ukraine receives fresh EBRD support

EBRD is extending a new, unfunded portfolio risk-sharing facility to OTP Bank Ukraine (OTPU) to enable €200 million of new financing to the country's private...

06 January 2025
in
Social infrastructure

BNDES finances Natal airport expansion

BNDES has approved financial support of BRL185 million (almost $30 million) for the Concessionaire of Natal International Airport in Brazil. The funding is alongside two...

06 January 2025
in
Waste and water

EIB helps fund water and sanitation upgrades in Ecuador

EIB is partnering with the Development Bank of Ecuador (BDE) to improve water supply and sanitation networks across the country. EIB’s $100 million loan will...