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29 March 2018

DIT announces cybersecurity export strategy

The Department for International Trade (DIT) has highlighted its commercial and national security objectives under its new strategy to support cybersecurity exports.

28 March 2018
in
Agriculture/food chain

Olam International signs $163m loan with ADB and JICA

Olam International has signed a $163 million facility with ADB and JICA to support 20,000 smallholder farmers in Indonesia, Papua New Guinea, Timor-Leste and...

28 March 2018
in
Social infrastructure

FDN ups locally denominated lending to 4G

Colombian development bank Financiera de Desarrollo Nacional (FDN) has signed its first loan under its peso funding line initiative – a $200 million equivalent...

28 March 2018
in
Traditional energy

Endeavor reaches financial close on 50MW Te Power project in Guinea

Financial close has been reached on the 50MW Tè Power greenfield thermal power plant in Conakry, Guinea developed by majority owner Endeavor...

28 March 2018

IFC advising Bank Alfalah on SCF programme

The IFC has been mandated to provide supply chain finance advisory services to Bank Alfalah to help the local lender adopt best practise and boost access to finance for...

27 March 2018
in
Social infrastructure

TPP closes DFI-backed port project financing

Terminal Portuario Paracas (TPP) – a consortium comprising Servinoga, Pattac Empreendimentos e Participacoes, Tucuman Engenharia e Empreendimentos and Fortesolo...

27 March 2018
in
Renewable energy

Banco Galicia considers second green issue

Banco Galicia is considering a follow-up tranche to the $100 million seven-year green bond it placed last week with sole subscriber the IFC. The deal is the first green...

27 March 2018

FMO releases 2017 results

Dutch development bank FMO has published its 2017 annual results. Net profit jumped to €255 million from €176 million in 2016, and €3...

27 March 2018

EIB and Piraeus Bank energy initiative in Greece

Energy bills for companies across Greece will be reduced by new energy efficiency investment backed by a new €100 million initiative by the European Investment Bank...

27 March 2018
in
Social infrastructure

IFC to invest in Myanmar ports

KM Terminal and Logistics Limited Myanmar (KMTL), backed by Hong-Kong based Asian third-party logistics firm Kerry Logistics Network (KLN), is likely to receive an...

27 March 2018
in
Renewable energy

12 pre-qualify for Ethiopia's first Scaling Solar tender

Twelve bidders have pre-qualified for Ethiopia’s first Scaling Solar tender. Up to 250MW is on offer, split between two 125MW PV projects. The bidders are:...

26 March 2018
in
Manufacturing, Traditional energy

Canada grants $1.6bn funding to Wataynikaneyap transmission project

The Government of Canada and the Province of Ontario will provide $1.6 billion of funding to support the development of the 1,800km Wataynikaneyap Power Transmission...

26 March 2018
in
Renewable energy

Supreme Energy Rantau Dedap signs on project funding

Supreme Energy Rantau Dedap (SERD) – a joint venture between PT Supreme Energy, Marubeni Corporation, Tohoku Electric Power and ENGIE – has raised a $490...

26 March 2018
in
Waste and water

Gaza desal project secures €456 million funding

The EIB is to issue a tender for the Gaza Central Desalination Plant and Associated Works Project on 15 April 2018. The project - a 150,000 m3/d capacity...

26 March 2018
in
Renewable energy

Scatec Solar closes Mozambique‘s solar plant financing

Scatec Solar, KLP Norfund Investments and Electricidade de Mozambique (EDM) have closed debt financing and initiated construction of a 40 MW solar plant in Mozambique....

26 March 2018

ADB ups supply chain finance support for SMEs

Asian Development Bank (ADB) has approved $100 million in additional financing to extend the scope of its Supply Chain Finance Program (SCFP) for SMEs in the APAC region....

23 March 2018
in
Mining

Ma'aden seeks to refinance $1bn MBAC loan

Saudi Arabian Mining Company (Ma’aden) has hired BNP Paribas and National Commercial Bank to advise on refinancing $1 billion of debt for its...

23 March 2018
in
Agriculture/food chain, Renewable energy, Traditional energy

Neoen reaches financial close on Bulgana Green Power Hub

Neoen Australia has reached financial close on the $350 million Bulgana Green Power Hub project located near Stawell in Western Victoria, with long term debt...

22 March 2018

EBRD extends support to SMEs in Georgia, Moldova and Ukraine

The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) has agreed to put up €1.15 billlon ($1.42 billion) to support SMEs in...

22 March 2018

African trade deal to boost region’s credit profile, says Moody’s

A crucial free-trade treaty is expected to be signed at the African Union Summit in Kigali this week, with Moody’s expecting the deal to improve the credit profile...