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17 December 2024
in
Waste and water

Jamaican water treatment plant gets financing

IDB Invest provided long-term financing of up to $79 million for the Rio Cobre Water Treatment Plant in Kingston, Jamaica. This includes a $30 million loan from IDB...

17 December 2024

IFC supports Kucukcalik's sustainability

IFC is investing $50 million in Kucukcalik Tekstil Sanayi ve Ticaret, a home textiles manufacturer operating in Turkiye and Egypt, to support its capacity expansion...

17 December 2024
in
Social infrastructure

World Bank approves $500m Nigerian road project

The World Bank has approved $500 million in concessional financing for the Rural Access Agricultural Marketing Project- Scale Up (RAAMP-SU) in Nigeria. The...

17 December 2024
in
Renewable energy

ERG receives €243m wind, solar project financing

EIB is providing €243 million ($255 million) in financing to independent clean wind and solar energy operator ERG Group to promote the development of renewable...

17 December 2024
in
Social infrastructure, Traditional energy

SEFA invests in West African sustainable infrastructure

AfDB has approved a $10 million concessional equity investment in the ARM-Harith Successor Infrastructure Equity Fund to increase access to reliable electricity and...

17 December 2024

ADB, PNG sign loan to improve governance across public sector

ADB and the government of Papua New Guinea have signed a $100 million policy-based loan to improve governance and accountability across the public sector.The...

17 December 2024
in
Agriculture/food chain

ADB supports climate resilience of APAC coffee value chain

ADB has signed a $100 million loan agreement with ECOM Agroindustrial Corporation and ECOM Agroindustrial Asia to enhance the climate resilience of the region's...

16 December 2024
in
Traditional energy

Polish nuclear power plant attracts French interest

Bpifrance Assurance Export and Sfil have joined the growing list of overseas financial institutions expressing interest in helping to fund Poland's first nuclear...

16 December 2024
in
Mining

EDB rejects loan for Amulsar gold mine

Armenian Economic Minister Gevorg Papoyan has revealed that discussions are ongoing with commercial banks after the Eurasian Development Bank rejected a loan to operate...

16 December 2024
in
Traditional energy

Surkhandarya CCGT closes €1.2bn ECA/DFI-backed loan

A consortium known as SCE-Quvvat - comprised of QuWatt, Siemens Energy, Nebras Power and EDF - has closed a €1.2 billion ($1.26 billion) ECA and DFI-backed project...

16 December 2024
in
Traditional energy

Surkhandarya CCGT closes €1.2bn ECA/DFI-backed loan

A consortium known as SCE-Quvvat - comprising QuWatt, Siemens Energy, Nebras Power and EDF - has closed a €1.2 billion ($1.26 billion) ECA and DFI-backed project...

16 December 2024
in
Mining, Renewable energy

Marcegaglia's decarbonisation supported by EIB

EIB has announced €100 million in financing for Marcegaglia, a Mantua-based steel group in Italy. The operation will support the group’s €170 million...

16 December 2024
in
Finance and other

China contributes $300m to AIIB Special Fund Window

AIIB has signed a grant agreement with China, confirming a $300 million contribution to the bank’s Special Fund Window for less developed members. The Special...

16 December 2024
in
Finance and other

IDB receives fresh financial backing from UK

The UK has announced a support package to the Inter-American Development Bank.The package includes support for IDB Invest’s “Originate to Share”...

16 December 2024
in
Social projects

IDB Invest, Proparco support Ecuador's first sustainability-linked bond

IDB Invest and Proparco supported pharmaceutical distributor DIFARE in the issuance of Ecuador's first sustainability-linked bond and the first in the pharmaceutical...

16 December 2024

Bulgaria gets €250m EIB loan

EIB is lending Bulgaria €250 million to co-finance EU-backed projects and accelerate development in areas ranging from energy efficiency and water to transport and...

16 December 2024
in
Traditional energy

EDB becomes financial partner in HPP Cascade Project

Eurasian Development Bank, the Ministry of Economy and Commerce and the Ministry of Energy of the Kyrgyz Republic have signed a trilateral Memorandum of Cooperation on...

16 December 2024
in
Social infrastructure

Moroccan ports boosted by EBRD loan

EBRD is investing in Morocco’s maritime sector with a loan of up to MAD690 million (almost $70 million) to Marsa Maroc.The loan will finance increases in the...

16 December 2024
in
Climate finance

ADB to improve climate resilience and rural livelihoods in Timor-Leste

ADB has approved a $6 million grant, as part of a total project cost of $16.6 million, to help improve climate resilience, water and food security, and livelihood...

16 December 2024
in
Climate finance

IDB Invest supports sustainable tourism in Colombia

IDB Invest has approved financing for On Vacation, a leading group in the hotel and tourism industry in Colombia, through a committed line of up to $12 million to foster...