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03 February 2021
in
Manufacturing, Traditional energy

EBRD agrees €300m loan to Tunisian utility company STEG

The European Bank for Reconstruction and Development is providing a €300 million financing package to Société Tunisienne de l’Electricité...

03 February 2021

DFC unveils new members of Biden-Harris administration leadership

The US International Development Finance Corporation has unveiled new members of the agency’s leadership team, including DFC’s new Chief Operating Officer,...

03 February 2021

World Bank prices 10-year USD Sustainable Development Bond

The World Bank has priced a $3.5 billion ten-year Sustainable Development Bond, maturing in February 2031.BofA Securities, Citi, JP Morgan, RBC Capital Markets are the...

03 February 2021
in
Mining

Xiamen Xiangyu steel plant closes ECA-covered loan

Obsidian Stainless Steel – a joint venture between China’s state-owned Xiamen Xiangyu (51%) and Jiangsu Delong Nickel Industry (49%) – reached financial...

03 February 2021
in
Renewable energy, Traditional energy, Waste and water

Germany provides €125m for sustainable development in Albania

German development bank KfW has agreed financing to Albania for the rehabilitation of hydropower plant Fierza, waste management projects, and regional development.Germany...

03 February 2021

CEB hails 2020 financial results amid COVID-19 crisis

The Council of Europe Development Bank (CEB) unaudited 2020 results show a net of €74.8 million in 2020 compared to €104.7 million in 2019 (-28.5%) in a period...

03 February 2021
in
Social infrastructure

BNDES approves $549m loan for Sao Paulo highway system

Brazilian development bank BNDES has approved a BRL3 billion ($549 million) loan for construction work on the brownfield Piracicaba-Panorama (PiPa) highway in the state...

03 February 2021

DEG, Proparco boost Mauritian SMEs with $65m deal

France's Proparco and its German counterpart DEG have signed a $65 million loan deal with Mauritius Commercial Bank to support Mauritian businesses affected by the...

02 February 2021

COVID-19 aid boosts KfW’s business volume to an all-time high

German development bank KfW’s promotional business reached a record high of €135.3 billion (+75%) in 2020. The main drivers of the strong growth were the...

02 February 2021

CEB boosts SME financing in Albania

The Council of Europe Development Bank (CEB) has approved a €15 million loan to ProCredit Bank Albania to provide small and medium-sized enterprises with access to...

02 February 2021

IDB Invest launches Sustainable Debt Framework

IDB Invest, the private sector arm of the IDB Group, has published its Sustainable Debt Framework, which it will use to issue green, social and sustainability bonds and...

02 February 2021

AFD sets 2021 funding target at €9bn

France's Agence Française de Développement has approved its 2021 funding program, setting the target at €9 billion. The agency will finance...

02 February 2021

IDB Invest and Banco Davivienda Salvadoreño sign $100m green financing

IDB Invest has signed a financing package for up to $100 million with Banco Davivienda Salvadoreño in El Salvador.The operation, with a tenor of five years, is...

02 February 2021

EBRD, Enda Tamweel and Attijari Bank supporting microfinance in Tunisia

The European Bank for Reconstruction and Development (EBRD) is strengthening access to finance for Tunisian micro, small and medium-sized enterprises (MSMEs). The...

01 February 2021

CDC Group unveils investment committee appointments

CDC Group, the UK’s publicly owned impact investor, has made two hires to its investment committee as it prepares to expand its interests in the sector.Anne Glover,...

01 February 2021
in
IT and telecoms, Social infrastructure

World Bank agrees $500m financing for Bangladesh road project

The government of Bangladesh has signed a $500 million financing agreement to help Upgrade the Jashore-Jhenaidah highway and improve the connecting rural roads and...

01 February 2021

French, Canadian DFIs unveil capacity-building project for women entrepreneurs

FinDev Canada, Agence Française de Développement, and Proparco have announced the launch of a capacity-building project for women entrepreneurs in the...

01 February 2021

Exagon Impact Capital adds to team

Exagon Impact Capital has appointed Cristina Jimenez chief operations and compliance officer. Prior to joining Exagon, Jimenez spent more than 18 years as a founding...

01 February 2021
in
Social infrastructure, Waste and water

CEB approves 10 new loans worth €667m

The Council of Europe Development Bank has approved ten new loans totalling more than €667 million. The financing will support environment and social infrastructure...

01 February 2021
in
Social infrastructure

ADB provides $25m to help Philippines procure COVID-19 vaccines

The Asian Development Bank has allocated $25 million to help the Philippine government purchase vaccines for the coronavirus disease in 2021.The financing will come from...