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23 April 2018

Serbia’s Addiko Bank joins EBRD’s Trade Facilitation Programme

Serbia's Addiko Bank has joined the European Bank for Reconstruction and Development (EBRD) Trade Facilitation Programme to boost its trade finance operations. The...

23 April 2018

One in five German SMEs using digital marketplaces

Digital sales are generating an increasing share of revenues for German small and medium-sized enterprises, according to Frankfurt-based development bank KfW. It found...

20 April 2018

AIIB and AfDB sign MoU on infrastructure and energy

The Asian Infrastructure Investment Bank and the African Development Bank have signed a memorandum of understanding to enhance collaboration on sustainable economic...

20 April 2018

EIB and AfDB back new Development Bank of Nigeria

The European Investment Bank and the African Development Bank (AfDB) have agreed to support the creation of the new Development Bank of Nigeria to strengthen lending for...

20 April 2018
in
Traditional energy

IDB Invest, IFC finance thermoelectric plant in Brazil

IDB Invest, the private sector institution of the IDB Group, is financing the construction and operation of Porto do Sergipe, a 1,516MW combined cycle thermoelectric...

19 April 2018
in
Renewable energy, Social infrastructure, Waste and water

EverSourceCapital to manage Indian green infra fund GGEF

Lightsource BP and Everstone Group have formed the joint venture company EverSource Capital to manage the Green Growth Equity Fund (GGEF), which has £240 million of...

19 April 2018

NAIF investment mandate broadened

The Minister for Northern Australia has announced changes to the investment mandate for the Northern Australia Infrastructure Facility (NAIF). Key changes include...

19 April 2018
in
Renewable energy, Traditional energy

Greenalia secures EIB funding for 50MW biomass project

Spanish forestry and energy group Greenalia has secured up to €60 million of funding from the European Investment Bank (EIB) for its 50MW Greenalia Biomass Power...

19 April 2018

IFC, Swiss Re Corporate Solutions mobilise $500m for emerging markets infrastructure

The International Finance Corporation has teamed up with Swiss Re Corporate Solutions to expand its Managed Co-Lending Portfolio Program by $500 million. The move will...

19 April 2018

Bulgarian Development Bank signs MoU with five lenders

The Bulgarian Development Bank has signed a memorandum of understanding with the development banks of Croatia, Hungary and Macedonia, the Black Sea Trade and Development...

19 April 2018

Standard Chartered partners with CDC on $150m SCF programme

CDC Group, the UK's development finance institution, and Standard Chartered have signed a memorandum of understanding for a supply chain finance programme that will...

18 April 2018
in
Social infrastructure

S'hail Shipping secures $19.2m loan from Qatar Development Bank -

Qatar Development Bank has agreed to extend a $19.2 million creditor facility to Qatari owner S'hail Shipping and Maritime Services. The financing will be used...

18 April 2018
in
Social infrastructure

Vietnam terminates pilot PPP expressway project

The Vietnamese Prime Minister has terminated the Dau Giay-Phan Thiet Expressway project which was the first project in the country to be developed under a PPP model....

18 April 2018

IADB launches largest-ever bond

The Inter-American Development Bank (IADB) has priced a new $4 billion, three-year global issue - its largest bond ever. The transaction pays a semi-annual coupon of...

17 April 2018

IADB highlights growth of fintech in LatAm and Caribbean

Fintech has been gaining strength throughout the Latin American and Caribbean region, according to research by the Inter-American Development Bank (IADB). There are now...

17 April 2018

The Development Bank of Southern Africa hires new CFO

The Development Bank of Southern Africa has appointed Boitumelo Mosako as chief financial officer. She previously served as the CFO at the South African Bureau of...

17 April 2018

BSTDB to help finance Bulgaria's first Marriott hotel with €58.3m loan

Black Sea Trade and Development Bank (BSTDB) and Bulgaria’s Postbank - a unit of Greece’s Eurobank - will lend €58.3 million for the...

16 April 2018

EBRD eyes Africa for next wave of expansion

The European Bank for Reconstruction and Development is eyeing a new wave of expansion into sub-Saharan Africa and new parts of the Middle East in the coming years that...

16 April 2018

Is China’s Belt and Road Initiative about to run out of money?

China's ambitious Belt and Road Initiative across Eurasia and Africa is facing a serious financing challenge, according to the country's senior bankers and...

16 April 2018
in
Traditional energy

Croatian LNG terminal gets environmental greenlight

Croatia's Ministry of Environmental Protection and Energy has approved the environmental impact study prepared for the floating LNG terminal proposed for the...