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29 January 2021
in
Agriculture/food chain

ADB, Credo Bank sign deal to support MSMEs in Georgia

The Asian Development Bank and Credo Bank JSC have signed a $4 million loan to support agricultural micro, small and medium-sized enterprises, low-income farm households,...

29 January 2021
in
Social infrastructure

World Bank finances project to improve quality of education in India

The World Bank has signed a $500 million financing deal with the government of India for the Strengthening Teaching-Learning and Results for States Program.The project...

28 January 2021
in
Manufacturing, Mining, Traditional energy

US to end overseas fossil-fuel funding

The United States will produce a plan to end international financing for fossil fuel projects, its special climate envoy John Kerry said, as senior British and UN...

28 January 2021

The role of US finance agencies under Joe Biden

The United States' seven business, infrastructure, and development finance agencies all play important roles in creating jobs and implementing aspects of the new Joe...

28 January 2021

EBRD issues A$280m Green Transition Bond

The European Bank for Reconstruction and Development has issued a A$280 million (about $212.9 million) Green Transition Bond, which was bought in full by Japan Post...

28 January 2021
in
Traditional energy

Afreximbank disburses $250m to support TNOG's OML 17 deal

The African Export-Import Bank has disbursed $250 million of the $1.1 billion that supported the acquisition by Trans Niger Oil and Gas Limited (TNOG) of a 45% stake in...

28 January 2021

ADB sells $4.5bn 5-year global benchmark bond

The Asian Development Bank has priced a $4.5 billion five-year global bond, proceeds of which will be part of ADB’s ordinary capital resources.The five-year bond,...

28 January 2021
in
Mining, Traditional energy

World Bank, EC supports Poland's transition out of coal

The World Bank, in partnership with the European Commission, will assist Poland to ensure a ‘Just Transition’ in the country’s coal regions of...

27 January 2021
in
Mining, Traditional energy

BlackRock threatens to sell shares in worst climate polluters

BlackRock, the world’s biggest investment fund manager, has threatened to sell shares in the worst corporate polluters in a bid to support the goal of net zero...

27 January 2021
in
IT and telecoms

EBRD and WBIF support Serbia to expand broadband to rural areas

The European Bank for Reconstruction and Development is helping to finance a project to give rural areas in Serbia access to fast broadband.The project - involving the...

27 January 2021

OPEC Fund, AFC sign $50m infrastructure finance deal

The OPEC Fund for International Development and Africa Finance Corporation have signed a $50 million loan agreement to help finance and build infrastructure needed for...

27 January 2021
in
Social infrastructure, Waste and water

Matas moves up at IDB Invest

IDB Invest appointed Rafael Matas to run energy and infrastructure investments in the Andean region of South America at the end of last month. He previously worked for...

27 January 2021
in
Social infrastructure

JICA finances Solomon Islands Kukum Highway project

The Japan International Cooperation Agency has signed a grant agreement with the Government of Solomon Islands to provide up to JPY3.159 billion (about $30.4 million) for...

27 January 2021
in
Renewable energy

ADB issues financial advisory EoI for Uzbek solar plant

The Asian Development Bank has issued a request for expression of interest (EoI) from financial advisers for the 300MW Sherabad II solar project in Uzbekistan. Advisers...

27 January 2021

EBRD shareholders approve UAE membership

The United Arab Emirates has taken the first step towards becoming a member of the European Bank for Reconstruction and Development after the lender's Board of...

27 January 2021

EIB appoints Alessandro Bragonzi to head Western Balkans role

The European Investment Bank has appointed Alessandro Bragonzi the new Head of the Regional Representation for the Western Balkans. He is succeeding Dubravka...

27 January 2021

Nepal and World Bank launch $150m Urban Governance and Infrastructure Project

The $150 million Nepal Urban Governance and Infrastructure Project  - financed by the World Bank - has been launched.The four-year project will promote sustainable...

27 January 2021
in
Agriculture/food chain

$200m ADB loan supports green development in Xiangxi

The Asian Development Bank has approved a $200 million loan to help improve the environment and boost green development in rural areas of Xiangxi Prefecture, Hunan...

26 January 2021
in
Social infrastructure

CABEI agrees $500m financing for Costa Rican hospitals project

The Central American Bank for Economic Integration (CABEI) has approved the second largest financing in its history - a $500 million hospitals project in Costa Rica.The...

26 January 2021
in
Renewable energy, Traditional energy

Iberdrola secures €100m from EIB for R&D

The European Investment Bank has signed a €100 million financing deal with Spainish energy company Iberdrola to support the company's innovation, research and...