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20 December 2024
in
Renewable energy

Madagascar’s first sustainability bond is launched

Societe Generale Madagasikara issued Madagascar’s first sustainability bond to support renewable energy projects and small business growth in the country. The bond...

20 December 2024
in
Agriculture/food chain, Climate finance

Moroccan agricultural industry gets $250m climate funding

The World Bank has approved $250 million for the Morocco Transforming Agri-food Systems Program. The funding is aimed at increasing the Moroccan agri-food system's...

20 December 2024

IDB Invest agrees financing package to Grupo Hi-Tec

IDB Invest has provided a financing solution for a total amount of $42 million to Grupo Hi-Tec to strengthen the manufacturing sector in Mexico. The financing is...

20 December 2024
in
Social infrastructure

Amaravati City gets $800m for sustainable development

The World Bank has approved the $800 million Amaravati Integrated Urban Development Program in India. The project is aimed at establishing the city as a...

20 December 2024

EBRD lends in local currency to ProCredit Bank Ukraine

EBRD is lending €20 million in local currency to ProCredit Bank Ukraine (PCBU) to bolster the bank’s medium-term lending to Ukrainian private businesses. The...

19 December 2024
in
Climate finance

Ecuador completes $1.5bn debt swap for Amazon conservation

Ecuador has completed its second debt-for-nature swap, this time unlocking $460 million to protect and manage the forests and wetlands of its Amazon rainforest.By...

19 December 2024
in
Social infrastructure

Ukrainian Railways gets €300m for electric trains

EBRD is lending €300 million ($312 million) to Ukrainian Railways to finance the acquisition of electric locomotives. The loan will be co-financed by a parallel...

19 December 2024
in
Renewable energy

AFRIGREEN pens $15m deal with Watt Renewable

AFRIGREEN Debt Impact Fund has entered into a $15 million facility with several project companies owned by Watt Renewable, an independently-owned provider of hybrid solar...

19 December 2024
in
Traditional energy

Afreximbank to lead DRC hydropower project financing

Afreximbank has signed a project preparation facility financing agreement for its private-sector renewable energy project in DRC.Partnering with Kipay Investments,...

19 December 2024
in
Traditional energy

EBRD funds to help reduce Ukraine electricity shortages

EBRD is lending €180 million to Ukrainian Railways to install small-scale generators at sites around the country, aiming to mitigate the widespread electricity...

19 December 2024
in
Social infrastructure

Honduras highway project funded by World Bank

The World Bank has approved an operation to construct a new road corridor between the northwestern region of Honduras, from the CA-4 highway near Macuelizo, and Corinto,...

19 December 2024
in
Renewable energy

IFC partners with Sol Agora to expand access to solar financing

IFC invested $20 million (BRL115 million) to support the growth of Sol Agora, a fintech provider of long-term financing for micro and mini-distributed solar power...

19 December 2024
in
Traditional energy

Latvenergo receives solar farm funding from NIB

NIB and the Latvian power utility company Latvenergo have agreed on a €230 million ($240 million) loan to finance the company’s investments in energy...

19 December 2024

IFC mobilises $3bn from global insurers

IFC signed a $3 billion credit insurance policy with 14 global insurance companies under its Managed Co-Lending Portfolio Program (MCPP) to support investments in real...

19 December 2024
in
Traditional energy

Romania’s electricity distribution network to be upgraded

EIB is lending Distributie Energie Electrica Romania (DEER) €200 million to upgrade its electricity distribution network covering 40% of Romania and serving...

19 December 2024
in
Social infrastructure

ADB finances sustainable transport in Indonesia

ADB signed a $10 million financing agreement with PT TBS Energi Utama Tbk (TBS) to increase the supply of electric motorcycles and battery swapping stations in...

19 December 2024

AfDB supports Cote d’Ivoire's economic growth

AfDB granted a loan of €30.5 million to Cote d’Ivoire to implement the first phase of an economic growth programme through increasing competitiveness of the...

19 December 2024

EBRD lends €46m to CIMEX Group

EBRD is lending €46.8 million to CIMEX Group, a hospitality operator in the Czech Republic. The financing is being provided as part of a €140.4 million...

19 December 2024
in
Agriculture/food chain

Valency's agri-business expansion backed by DFIs

Proparco, DEG and FMO have signed a syndicated financing to support Valency in expanding its agricultural and food processing operations in Africa. The partnership...

18 December 2024

Bahamas signs DFI-backed loan

The government of the Bahamas signed a 15-year door-to-door $200 million DFI-backed loan on 7 November. Proceeds will be used to fund the public tender offer for project...