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31 January 2019

GI Hub releases new project preparation tool

The Global Infrastructure Hub (GI Hub) has released the new Governmental Processes Facilitating Infrastructure Project Preparation tool to help prepare bankable and...

31 January 2019
in
Social infrastructure

Slovenia approves plan for Koper to Divaca rail line

The Slovenian government has approved a new plan for the financing of the proposed new railway line from the port of Koper to Divaca. Costs for the €1.194 billion...

31 January 2019

IFC: Rufat Alimardanov appointed Resident Representative for Mongolia

The International Finance Corporation has appointed Rufat Alimardanov as Resident Representative for Mongolia. Alimardanov, based in Ulaanbaatar, is responsible for...

31 January 2019

EIB cut lending by 20%, prepares for Brexit

The European Investment Bank cut lending by nearly 20% last year and plans to keep financing at a similar level in 2019 at around €60 billion.The bank is also...

31 January 2019

AfDB projects 4% GDP growth for Africa

The African Development Bank (AfDB) predicts a 4% growth in Africa's Gross Domestic Product this year, which is expected to accelerate to 4.1% in 2020.In its economic...

30 January 2019

Saudi Exports, ITFC launch export finance initiative

The International Islamic Trade Finance Corporation (ITFC) has entered into an agreement with the Saudi Export Development Authority (Saudi Exports) to support the...

30 January 2019

IFC: John Gandolfo appointed Vice President and Treasurer

The International Finance Corporation has appointed John Gandolfo as Vice President & Treasurer.Gandolfo, whose appointment is effective 16 February, 2019, will be...

30 January 2019

Ardshinbank signs $35m trade finance facility with Citi and ADB

Armenia's Ardshinbank has signed a $35 million one-year Club Trade Finance Facility arranged by Citi with Asian Development Bank.Proceeds of this facility will...

30 January 2019

IFC supports Garanti increase lending to SMEs and sustainable energy finance in Romania

The International Finance Corporation (IFC) is providing a €55 million loan to Garanti Bank Romania to help finance small and medium-sized enterprises (SMES) and...

30 January 2019

EIB finances development of Netherlands' Isala Hospital with €150m loan

The European Investment Bank and Isala Hospital, in the Netherlands, have signed a lending agreement for €150 million.The financing will be used for the...

29 January 2019
in
Waste and water

€70m NIB loan finances improved wastewater treatment for Oslo

The Nordic Investment Bank and the Norwegian wastewater treatment company Vestfjorden Avløpsselskap (VEAS) have signed a 15-year loan agreement to finance capacity...

29 January 2019

AIIB, concerned about investment slip, is willing to scale up

The Asian Infrastructure Investment Bank (AIIB) is concerned that a downward trend in project finance could continue as challenging economic and geopolitical conditions...

29 January 2019
in
Renewable energy

UAE's Yellow Door Energy raises $65m for solar projects

UAE-based Yellow Door Energy has raised $65 million in Series A financing to scale its investments in solar energy and energy efficiency solutions in the Middle East and...

28 January 2019
in
Renewable energy, Traditional energy

MIGA backs clean power generation in Cameroon

The Multilateral Investment Guarantee Agency has issued €164.5 million in guarantees to two investors in the Nachtigal Hydropower Company. MIGA guarantees have...

28 January 2019
in
Traditional energy

Romania’s Transgaz gets €138m loans from EIB for key pipeline projects

Romania's natural gas transport company Transgaz is to receive a €100 million loan from the European Investment Bank for bringing Black Sea offshore gas to the...

28 January 2019

Gaia hires manager for African platform

Africa-focused renewable energy developer Gaia Energy has hired Bertrand Belben as its GAIA/IFC Platform Manager to help accelerate the deployment of the platform...

28 January 2019
in
Traditional energy

IsDB agrees $4.5bn oil financing facility to Pakistan

The Islamic Development Bank (IsDB) is providing a three-year $4.5 billion facility to Pakistan to buy oil, which will ease pressure on the country's...

28 January 2019

EIB and ICO create €1.12bn investment platform for Spanish mid-caps

The European Investment Bank (EIB) and the Instituto de Crédito Oficial (ICO) are joining forces to mobilise up to €1.12 billion in financing for Spanish...

28 January 2019
in
Social infrastructure

EBRD to finance low-emission buses for Skopje

The European Bank for Reconstruction and Development is financing 35 new compressed natural gas buses to Skopje, the capital of FYR Macedonia.The new buses will cut CO2...

28 January 2019
in
Social infrastructure

EBRD invests in Jordan’s Queen Alia Airport alongside Meridiam

The European Bank for Reconstruction and Development is taking an indirect equity stake in Airport international Group, the concessionaire operating Queen Alia...