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31 January 2018

EIB agrees credit line to finance SMEs in Portugal

The European Investment Bank (EIB) will grant a €100 million loan to Instituição Financeira de Desenvolvimento under an established €250 million...

31 January 2018

UAE banks lead arrangers for dual syndicated term facility to TDB

UAE-based banks, including Emirates NBD, First Abu Dhabi Bank and Mashreq Bank, along with the Bank of Tokyo-Mitsubishi, were the lead arrangers of a $332 million dual...

30 January 2018
in
Social infrastructure

Vinci sounding out lenders for Belgrade airport concession

Vinci is said to be sounding out bank appetite for debt to finance its Belgrade Nikola Tesla Airport upgrade and operate concession in Serbia. Vinci was appointed...

30 January 2018

Turkey's Peyman expands with EBRD loan

Peyman, a Turkish producer of dried fruit, nuts, seeds and popcorn is set to expand its business with a €32 million loan from the EBRD. The company is building a new...

30 January 2018

ADB appoints new country director for the Philippines

The Asian Development Bank (ADB) has appointed Kelly Bird as its new Country Director for the Philippines. He was previously Director of Public Management, Financial...

30 January 2018

Aenergy joins Afreximbank shareholding

Angola-based pan-African conglomerate Aenergy has joined the African Export-Import Bank (Afreximbank) as a shareholder, following its successful subscription to Class...

29 January 2018
in
Waste and water

JICA provides ODA loan for Bangaluru water project

Japan International Cooperation Agency (JICA) has signed a 30-year ¥45 billion ($414 million) ODA loan agreement with the Indian government for the Bengaluru...

29 January 2018
in
Renewable energy

AFDB issues EOI for legal services on Namaacha wind project

The AFDB has issued an EOI for legal counsel for the 120MW Namaacha wind project in Mozambique. AFDB is providing funding for the scheme which is sponsored by...

29 January 2018
in
Agriculture/food chain

Agricultural Bank of Egypt to up lending in 2018

Agricultural Bank of Egypt has announced plans to inject new loans worth EGP4.5 billion ($255 million) this year, bringing the bank’s total loan portfolio to EGP28...

29 January 2018

IFC extends $62m loan to South Africa's Mercantile Bank

The International Finance Corporation (IFC) is to extend a seven-year loan of 740 million rand ($62 million) to South Africa's Mercantile Bank to boost lending to...

26 January 2018
in
Manufacturing, Traditional energy

EU to invest €873m in 17 energy infrastructure projects

The Connecting Europe Facility (CEF) Coordination Committee has approved the European Commission proposal for a €873 million investment in 17 key energy...

26 January 2018

RDIF, AIIB to invest in China-EU ‘digital bridge’ through Russia

The Russian Direct Investment Fund (RDIF) and the Asian Infrastructure Investment Bank (AIIB) may jointly invest in the 'digital bridge' - a broadband internet...

26 January 2018

ADB partners with Yoma Bank to support SMEs in Myanmar

The Asian Development Bank's Trade Finance Program and Yoma Bank have signed an agreement to provide guarantees of at least $10 million annually to support trade,...

26 January 2018

EIB agrees loan to boost fire-hit SMEs in Portugal

The European Investment Bank has agreed a €75 million loan to Banco Comercial Portugues (Millennium bcp) to finance SMEs and midcaps affected by forest...

25 January 2018

IsDB cancels $175m Bangladesh projects over deadline failure

The Islamic Development Bank (IsDB) has withdrawn $175.5 million fund commitments for two projects in Bangladesh as the country failed to meet with policy...

25 January 2018
in
Agriculture/food chain

IFC, Natixis, Rabobank arrange $295m PXF to boost Argentina's agri-exports

The International Finance Corporation (IFC), Natixis, and Rabobank arranged a $295 million pre-export financing package for Argentinian agribusiness company Vicentin to...

25 January 2018
in
Traditional energy

EBRD finances combined heat and power plants in Belarus

The EBRD is financing the construction of four biogas combined heat and power plants across Belarus with a loan of up to $15 million to three special purpose companies...

25 January 2018

NIB issues $1bn three-year global benchmark

The Nordic Investment Bank has priced a new three-year global $1 billion benchmark issue. The transaction is NIB's first public USD benchmark of the year. The...

25 January 2018

South Korea seeks to join CABEI

South Korea is set to to join the Central American Bank for Economic Integration (CABEI) to tap deeper into the region's infrastructure projects. The country...

25 January 2018

Climate insurance programme for smallholder farmers is launched

VisionFund International, World Vision's microfinance arm, and Global Parametrics have launched a new climate insurance programme, the African and Asian Resilience in...