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03 July 2025
in
Renewable energy, Traditional energy

Several Egyptian power and renewables financings due to close

Several Egyptian power and renewables project financings are due to close in the next few months, according to sources with knowledge of the matter.A €170 million...

03 July 2025
in
Social infrastructure

IDB funds new roads and bridges in Paraguay

IDB has approved a $75 million loan to Paraguay to boost agricultural competitiveness and economic and social development by improving rural roads in the Eastern Region....

02 July 2025
in
Renewable energy, Traditional energy

Further information on Obelisk solar-plus-storage deal

Additional detail has emerged on the financing of Scatec ASA’s Obelisk solar and BESS project in Egypt, which closed in June.Of Obelisk's $590 million project...

02 July 2025
in
Renewable energy, Social infrastructure, Waste and water

Johannesburg signs AfDB infrastructure funding

AfDB has approved a ZAR2.5 billion (around $139 million) corporate loan to the City of Johannesburg Metropolitan Municipality, marking the bank's first direct lending...

02 July 2025

Croatian MSMEs get funding boost

EBRD is providing a €25 million loan to PBZ Leasing for on-lending to local MSMEs in Croatia.The loan will help to improve access to financing for Croatia’s...

02 July 2025
in
Finance and other

World Bank Group names new country manager for Qatar

The World Bank Group has appointed Holly Welborn Benner as country manager for Qatar, based in Doha.Most recently, Benner was the resident representative for Jordan,...

01 July 2025
in
Social infrastructure

World Bank okays $400m loan for Guatemala rural roads

The World Bank has approved a $400 million operation for Guatemala’s Rural Infrastructure and Mobility for Well-Being Programme to upgrade 640km of rural roads and...

01 July 2025
in
Finance and other

World Bank appoints new country director for Pakistan

Bolormaa Amgaabazar is the new World Bank country director for Pakistan, effective 1 July. She is succeeding Najy Benhassine in this role. Amgaabazar, a Mongolian...

30 June 2025
in
Finance and other

Afreximbank appoints George Elombi as new president

African Export-Import Bank has appointed Dr George Elombi as the next president and board chairman.He succeeds Professor Benedict Oramah, who has served as president and...

30 June 2025
in
Social infrastructure

CAF unveils record $5.2bn in new deals

CAF, the development bank of Latin America and the Caribbean, has approved a record $5.2 billion for 16 operations in ten countries in the region. The funds will be...

30 June 2025

IDB approves $2bn Brazilian fiscal management credit line

IDB approved a conditional credit line of $2 billion to support the third phase of the Fiscal Management Modernisation Programme in Brazil, known as PROFISCO III. This...

30 June 2025

Mauritania SMEs supported by AfDB facility

AfDB has approved a €25.5 million trade finance facility for the Generale de Banque de Mauritanie (GBM) to enhance its financial offerings to large corporates, SMEs,...

27 June 2025

Ecuador gets $400m to help tackle organised crime

IDB has approved a $400 million loan to Ecuador to strengthen the country’s institutional capacity to prevent and tackle criminal violence and illicit financial...

27 June 2025
in
IT and telecoms

S-I signs PLN3.7bn financing for Polish fibre optic rollout

Swiatłowod Inwestycje (S-I), Poland’s largest wholesale-only fibre infrastructure operator, has secured a syndicated debt financing package of PLN3.7 billion...

27 June 2025
in
Social infrastructure, Social projects

World Bank funds Sri Lankan education project

An estimated 500,000 students and 150,000 teachers across Sri Lanka are set to benefit from a new $50 million additional financing package approved by the World Bank...

27 June 2025
in
Social infrastructure

Chile receives urban development financing

IDB approved a $50 million financing package to support Chile’s efforts to revitalise emblematic heritage neighbourhoods and promote safe, inclusive urban...

27 June 2025

Ariel Re secures Titania Re 2025-1 cat bond at upsized $150m

Ariel Re, the Bermuda-headquartered global reinsurer, has secured the upsized $150 million of multi-peril retrocessional reinsurance protection from its fifth catastrophe...

26 June 2025

MIGA backs expansion of credit to businesses in Argentina

MIGA has issued a guarantee of $500 million to Spain's Banco Santander for its investments in Santander Argentina. The guarantee covers the risk of expropriation of...

26 June 2025

IDB issues $250m to improve Costa Rica's care system

IDB has approved a $250 million loan to improve quality of life for people in Costa Rica who need care, such as the elderly and people with disabilities, and to increase...

25 June 2025
in
Waste and water

IBRD agrees $426m loan for Bengaluru water security

The International Bank of Reconstruction and Development has approved a new programme to improve water security for more than four million residents in India’s tech...