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16 April 2018
in
Renewable energy

First African floating solar tender to be launched in the Seychelles

The Seychelles Energy Commission (SEC) is holding an information session on April 26 in advance of launching Africa's first floating solar tender. The 4MW of...

16 April 2018

IFC makes largest ever microfinance investment in Kazakhstan

The International Finance Corporation is providing a senior syndicated loan of $82 million equivalent in Kazakh tenge to microfinance organisation KMF to boost lending to...

16 April 2018
in
Renewable energy, Traditional energy

EBRD and GCF agree $88m loan to boost Tajikistan hydro power

The EBRD and the Green Climate Fund (GCF) are providing an $88 million financing package to complete the rehabilitation of the Qairokkum hydro power plant to help...

16 April 2018

Egyptian SME group and development bank sign SME loan deal

The Egyptian Small and Medium-Sized Enterprises Association has signed a cooperation agreement with the Export Development Bank of Egypt to facilitate loans to small and...

13 April 2018
in
IT and telecoms

Open Fiber goes ahead with €3.5bn project financing

Open Fiber has approved the €3.5 billion ($4.32 billion) seven-year project financing that it mandated last year to back its broadband roll-out in Italy. The...

13 April 2018
in
Traditional energy

JBIC signs Nghi Son 2 loan

JBIC has signed a $560 million loan with Nghi Son 2 Power Limited Liability Company (NS2PC) to part fund the Nghi Son 2 coal-fired power generation project...

13 April 2018

EIB and CEB provide €280m for Portugal irrigation projects

The European Investment Bank (EIB) is a providing €200 million loan, alongside Council of Europe Development Bank (CEB) financing of €80 million to the National...

13 April 2018
in
Social infrastructure

Kenya's $3.5bn road project delayed by debt concerns

Kenya's planned $3.5 billion inter-city expressway, the country's second-biggest infrastructure project since independence five decades ago, will be delayed amid...

13 April 2018
in
Agriculture/food chain

AfDB signs soft commodity financing with Export Trading Group

The African Development Bank (AfDB) has signed a loan agreement for a soft commodity finance facility with the Export Trading Group (ETC). The facility is structured as...

13 April 2018

EIB agrees €5.8bn investment in EU, Africa and LatAm

The European Investment Bank (EIB) has approved a total of €5.8 billion in new financing for 29 projects in the European Union, Africa, and Latin America. It...

12 April 2018

IADB considers 'guarantee fund' to back LatAm investments

The Inter-American Development Bank (IADB) may create a 'guarantee fund' to attract investments to Latin America, which needs financing for infrastructure...

12 April 2018

JBIC and Vale agree MoU to boost cooperation

JBIC has signed a memorandum of understanding to boost cooperation with Brazilian metals and mining group Vale. Japanese companies are expected to expand and diversify...

12 April 2018
in
Waste and water

JICA to loan $283m for Chennai's fourth desalination plant

Japan International Cooperation Agency (JICA) has agreed a $283 million loan to build a seawater desalination plant in Chennai, India. The plant will be...

11 April 2018
in
Renewable energy

MIGA debuts in Namibia with solar project guarantees

MIGA has provided its first guarantees in Namibia - up to $18 million in support of the construction, operation and maintenance of two 5MW solar projects. The Ejuva One...

11 April 2018

EIB provides €130m for University of Bologna modernisation

The European Investment Bank is supporting the five-year investment plan of the University of Bologna with €130 million investment. This covers over half of the...

11 April 2018

EAIF raises $385m for African infra projects

The Emerging Africa Infrastructure Fund (EAIF) has completed a $385 million round of fundraising for investment in infrastructure in Africa's most fragile economies....

11 April 2018

ADB hires Kessler from Swiss Re for disaster risk insurance role

The Asian Development Bank has hired Thomas Kessler, a long-time Swiss Re executive, into a newly created role of Principal Disaster Risk Insurance & Finance...

11 April 2018

ADB: Exports, domestic demand deliver solid growth in Asia and the Pacific

High demand for exports and rapidly expanding domestic demand helped growth pick up across most of the economies in developing Asia, according to the Asian Development...

10 April 2018
in
Renewable energy

Redstone CSP financing underway

Following the signing of a 20-year PPA with Eskom last week for the 100MW Redstone Solar Thermal Power project in South Africa, project sponsors SolarReserve...

10 April 2018
in
Manufacturing, Renewable energy, Traditional energy

SBI agrees loan for 900MW Arum III hydro project in Nepal

The SJVN consortium awarded the construction of the 900MW Arun III hydropower project in Nepal has made an informal agreement with the SBI for a Rs80 billion loan. The...