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02 April 2024
in
Finance and other

World Bank to issue $1bn hybrid note

The World Bank is set to make its debut in the capital markets this year with a hybrid note issue worth up to $1 billion.The move comes as development banks face...

02 April 2024
in
Social infrastructure

NIB finances campus developments at Aalto University

Nordic Investment Bank (NIB) and the Aalto University Foundation have signed a 15-year loan agreement worth €45 million ($49.35 million) to support the construction...

02 April 2024
in
Social projects

ADB approves $24.9m to enhance health services in Laos

ADB has given the green light to a financing package of $24.9 million for Laos, which includes a $4.95 million grant from the Asian Development Fund. This funding aims to...

02 April 2024
in
Climate finance

ADB provides $2.8m climate-related grant to Mongolia

ADB is providing a $2.8 million grant to the Mongolian government to support the relief efforts for dzud, a climate-related disaster that has caused significant...

28 March 2024

IsDB backs Pengerang Energy Complex

Islamic Development Bank has approved a $100 million financing for ChemOne's $4.4 billion Pengerang Energy Complex project in Malaysia.ChemOne started looking into...

28 March 2024
in
Finance and other

World Bank approves $1.5bn loan to Ukraine

The World Bank has approved a Development Policy Loan (DPL) worth $1.5 billion to support Ukraine's reforms and economic growth.The funds will be guaranteed by the...

28 March 2024
in
Climate finance

World Bank finances the upgrade of PMD's services

The World Bank has released the first tranche of its $50 million loan for the restructuring and upgrade of the Pakistan Meteorological Department (PMD). This loan aims to...

28 March 2024
in
Climate finance

Brazil and France launch €1bn plan for climate change and deforestation in the Amazon

Brazil and France have announced a €1 billion ($1.08 billion) investment plan to address climate change and deforestation in the Amazon.The investment plan seeks to...

28 March 2024
in
Agriculture/food chain, Social infrastructure, Social projects

BOAD approves nine new loans

BOAD has approved nine new totalling CFA169.483 billion ($280.2 million), bringing the total commitments of BOAD to 8.561.4 trillion ($14.1 billion).The new loans are...

28 March 2024
in
Renewable energy

Proparco finances Taspinar Hybrid SPP project

Galata Wind has signed a loan agreement worth $25 million with Proparco. The funds will support Galata Wind's Taspinar Hybrid SPP project, which has an overall...

28 March 2024
in
Finance and other

EBRD, Ukreximbank partner to unlock €40m in financing for Ukrainian private sector

EBRD has stepped in to support Ukraine's private sector by providing a €10 million ($10.8 million) unfunded portfolio risk-sharing instrument to Ukreximbank....

28 March 2024
in
Finance and other

Zimbabwe to join NDB

Zimbabwe's aspiration to join New Development Bank (NDB) has received a significant boost with declarations of support from Russia, South Africa, and now...

28 March 2024
in
Finance and other

ADF to receive new funding commitments

In May, donor governments are expected to announce new funding commitments for the grant-financing window of the ADB, known as the Asian Development Fund (ADF)....

28 March 2024
in
Finance and other

ANAVA backing Janngo fund

ANAVA – a fund of funds backed by the World Bank, CDC and KfW – is investing €4 million ($4.3 million) in Africa’s Janngo Capital Start-up Fund...

28 March 2024

Thiebot new head of sustainable and positive impact finance at Societe Generale

Societe Generale has Paul-Antoine Thiebot as head of sustainable and positive impact finance for Asia Pacific.Based in Singapore, Thiebot most recently held the role of...

28 March 2024

Wanted: More data

Synthetic securitisations, risk transfers, programmatic approaches – the MDB toolkit is growing. But, as voiced by attendees and speakers at the recent Texel DevFIns...

27 March 2024
in
Renewable energy

Serbia's 94MW Pupin wind farm receives €91m funding

Enlight Renewable Energy has received a €91.4 million ($99 million) financing package to fund construction of a wind farm in Serbia.EBRD and Erste will provide...

27 March 2024
in
Social infrastructure, Social projects, Waste and water

CEB approves 11 new loans totalling €1.3bn

Council of Europe Development Bank (CEB) has approved 11 new loans across as many countries and a variety of sectors totalling €1.3 billion.In Bosnia and...

27 March 2024
in
Renewable energy

264MW Pagegiai wind farm secures funding

NIB, KfW IPEX-Bank and Nord/LB have signed a €330 million Euler Hermes-backed loan for a 264MW wind project in Pagegiai, Lithuania. The EU supports €43.5...

27 March 2024
in
Social projects

Quantum Surgical gets EIB loan to advance tumour treatment

French medical robotics company Quantum Surgical is borrowing €30 million (about $32.5 million) from EIB to accelerate the worldwide commercialisation of a...