Makhtar Diop has been appointed Managing Director and Executive Vice President of the International Finance Corporation. He is currently serving as the World...
The UK's CDC Group has invested in a $300 million fund from Adjuvant Capital focused on accelerating the development of medical innovations for historically...
After four year's of Trump's America First policies, what will be Biden’s approach to development finance? Uxolo caught up with David Baxter, a 25-year international...
Member States of The International Fund for Agricultural Development (IFAD) have reappointed Gilbert Houngbo as President for a second term.IFAD says his second mandate...
The World Bank Group has announced the six-month conditional non-debarment of Golden Maritime Technology (GMT) in connection with a fraudulent practice under the World...
Spain's government and the Inter-American Development Bank have expanded their partnership with a new Spanish contribution of €13.7 million ($16.7 million) to...
The Eurasian Development Bank has signed preliminary indicative terms of financing for the development of the model range and the upgrade of production facilities of...
IDB Invest has provided a senior loan of up to $20 million to Colombian pharmaceutical company Procaps to support its expansion plan.The loan will be used to increase the...
The African Development Bank (AfDB) says Japan has signed a JPY73.6 billion ($668 million) loan agreement to help replenish the lender’s main development fund.The...
The Territorial Development Bank - Findeter - and the German development KfW have signed an $84.9 million loan to finance water, basic sanitation and solid waste projects...
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...