16 January 2018
CDB commits $250bn to Belt and Road
China Development Bank has committed $250 billion in loans to the Belt and Road Initiative. The bank had extended $110 billion in loans to projects along the ancient...
China Development Bank has committed $250 billion in loans to the Belt and Road Initiative. The bank had extended $110 billion in loans to projects along the ancient...
The EBRD is supporting French company Urbasolar SAS in its plans to build a solar power plant in Kazakhstan. The EBRD will provide a loan in local currency, Kazakh tenge,...
Kenya has secured a $750 million syndicated loan for seven years from the Trade and Development Bank to pay off creditors in another two-year syndicated loan that was...
The EBRD is to provide €300 million towards the Bucharest-Otopeni metro project in Romania. At the end of 2017, the Ministry of Transport announced that it had...
Myanmar's Ministry of Construction has signed an advisory services agreement with the IFC to design and implement the public-private partnership transaction for a...
Sasol and Electricidade de Mocambique have closed a DFI-backed refinancing for the 175MW Central Termica Ressano Garcia (CTRG) gas-to-power project in Mozambique which...
The World Bank has approved an additional $170 million to fund projects designed to boost rural incomes and reduce poverty in the Philippines. The projects support the...
Japan and Britain have agreed to provide the most of the financing - a combined $20 billion - for a nuclear power plant project planned by Hitachi on the island of...
The Inter-American Development Bank (IADB) has priced a new $3.75 billion five-year global bond. The transaction pays a semi-annual coupon of 2.500% and matures on...
Asian Development Bank operations - comprising approvals of loans and grants, technical assistance, and cofinancing - reached $28.9 billion in 2017. Approvals of loans...
Egypt’s ministry of power will launch a competitive bidding system for solar projects totalling 500MW in Q1 of this year, with developers scheduled to submit...
Taaleri Group, through its investment fund Taaleri Aurinkotuuli, has acquired a 30% interest from renewable energy company Abu Dhabi Future Energy Company (Masdar) in the...
The Saudi Fund for Development has agreed a $102 million loan with Zambia to finance an 800-bed capacity children's hospital in Lusaka. The project will provide...
The International Finance Corporation has appointed Stephanie von Friedeburg as Chief Operating Officer, a newly created position. She was previously Vice President for...
The Asian Development Bank has signed three project loan agreements with Cambodia to provide support for road network improvement, provincial water supply and sanitation,...
The EBRD has agreed a €28 million loan to support the modernisation and rehabilitation of the Enguri hydro power plant, the largest electricity supplier in Georgia....
The International Finance Corporation is set to loan up to Rs 3.2 billion for a project by Mahindra Renewables Private Limited (MPRL) to build a solar park in Madhya...
The $6 billion Jakarta-Bandung fast train project in Indonesia is facing delays, with major construction by Kereta Express Indonesia China yet to begin and a $4.5 billion...
The European Investment Bank (EIB) will provide financing for Spanish SME and midcap projects with a €400 million loan to Bankia. Bankia will match the loan with the...
Indian SME lending platform Lendingkart Finance has raised $4.7 million in non-convertible debentures from Dutch development bank FMO. The funds will be used towards...