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03 December 2025

AfDB grants full debt relief to Somalia

AfDB Group has approved additional debt relief for Somalia, clearing the way for full cancellation of all African Development Fund loans to the country for the 2024-2039...

03 December 2025
in
Finance and other

AFC raises record $524m Samurai loan

Africa Finance Corporation has closed a $524 million dual-currency Samurai term loan facility to fund infrastructure investment across Africa. The three-year...

03 December 2025
in
Social projects

OPEC Fund signs first loan to Fiji to boost health services

The OPEC Fund has signed a $30 million loan agreement with the government of Fiji to support the “Pacific Healthy Islands Transformation (PHIT) Project”, a...

03 December 2025
in
Renewable energy, Traditional energy

Cabo Verde wind expansion gets EIB, AfDB financing

Cabeolica has signed a €39 million ($41.9 million) loan from the European Investment Bank under the Global Gateway Initiative to expand its wind energy capacity in...

03 December 2025
in
Mining

Vulcan pens €2.2bn package for Lionheart project

Vulcan Energy Resources has signed a €2.2 billion (A$3.93 billion, $2.56 billion) structured financing package to fully fund Phase One of its Lionheart Project in...

03 December 2025
in
Traditional energy

ADB approves $100m loan for Sri Lanka power reforms

ADB has approved a $100 million policy-based loan to support Sri Lanka’s power sector reforms and financial sustainability. The loan marks the second...

03 December 2025
in
Social infrastructure

$300m loan will fund Java road improvement project

ADB has approved a $300 million loan to construct approximately 72km of disaster-resilient roads in southern Java, Indonesia, supporting improved connectivity and...

03 December 2025

LGT Capital Partners launches public equities impact fund

LGT Capital Partners has launched its first impact fund focused on public equities, aiming to deliver measurable positive social and environmental outcomes alongside...

03 December 2025

AfDB approves facility for Cameroon SME trade finance

AfDB has approved a €25 million (about $29 million) trade finance facility for Credit Communautaire d'Afrique-Bank in Cameroon to expand support for SMEs and...

03 December 2025

IDB approves loan for Ecuador procurement reform

IDB has approved a $22.95 million loan to support Ecuador’s National Public Procurement Service in modernising the National Public Procurement System. The...

03 December 2025
in
Finance and other

Graham Macmillan is named IDB Lab general manager

IDB has appointed Graham Macmillan as general manager of IDB Lab, effective 5 January 2026. IDB Lab operates as the innovation and venture capital arm of the IDB...

03 December 2025
in
Social projects

IFC invests $100m in Akbank digital gender bond

IFC has invested $100 million in Akbank’s inaugural digitally native gender bond to expand access to finance for women-owned businesses and mortgages in...

03 December 2025

Uruguay green hydrogen project gets IFC support

IFC has announced a $20 million green loan with Grupo Santander to finance the Kahirós green hydrogen project in Uruguay.The financing will support a system...

03 December 2025

EBRD guarantees €150m loan for Ukraine business

EBRD has extended an unfunded portfolio risk-sharing guarantee to Credit Agricole Ukraine to unlock €150 million ($162 million) in new lending for Ukrainian...

03 December 2025
in
Climate finance

ADB approves grant for Kiribati ocean conservation

ADB has approved a $10 million policy-based grant to Kiribati to strengthen public sector management, promote financial inclusion for women, and support ocean...

03 December 2025
in
Traditional energy

AfDB invests XOF15bn in Cote d'Ivoire social bond

AfDB has approved up to XOF15 billion (approximately $26.6 million) for Phase II of Cote d'Ivoire's Programme Electricite Pour Tous (PEPT), marking its first...

03 December 2025
in
Social projects

Xeltis raises €50m

Xeltis has finalised a financing round of up to €50 million ($54 million) with the European Investment Bank and existing shareholders to advance its aXess vascular...

03 December 2025

AfDB debars two companies

AfDB group has debarred Yessan Sarlu, a company registered in Togo, and its general manager Ayitévi Yao Mawulolo Amadote for 18 months after determining that both...

03 December 2025

CABEI, FONPLATA sign $468m exposure exchange deal

CABEI and the Financial Fund for the Development of the River Plate Basin (FONPLATA) have signed an exposure exchange agreement (EEA) for up to $468 million. This...

02 December 2025
in
Social projects

Proparco projects win 2X Challenge gender certification

Several projects financed by Proparco in 2024 have received the 2X Challenge certification, recognising investments that support women’s economic participation and...