AfDB has approved a €747.32 million ($877.7 million) loan to Algeria’s government for the first phase of the Laghouat–Ghardaia–El Menea...
BNDES has approved a BRL384.3 million ($71 million) loan to FS Industria de Biocombustíveis to finance Brazil’s first industrial-scale bioenergy with carbon...
ADB has approved a $240 million loan for the Chennai Metro Rail Investment Project in India.The amount represents the second tranche under a $780 million multitranche...
Hassan Allam Construction has been awarded a $250 million contract by Afreximbank for the construction of the African Trade Centre, which will also house the bank’s...
AfDB will lend Morocco $316 million to upgrade airport infrastructure ahead of the 2030 FIFA World Cup. The use of proceeds includes upgrades to passenger terminals...
EBRD has provided a $100 million trade finance facility to the National Bank of Iraq, marking its first investment in the country.The facility supports National Bank of...
Societe Beninoise d’Energie Electrique (SBEE), Benin's national power distribution utility, has received funding from EBRD, Agence Française de...
EIB has signed a €30 million ($32.25 million) loan with Grupo Oesía to finance research, development and innovation in advanced technology in Spain. The...
Ben Black has been sworn in as chief executive of the US International Development Finance Corporation following Senate confirmation in October. Black participated...
ADB has signed a $75 million loan and a $3 million grant with the government of Timor-Leste to rehabilitate a key national road corridor linking the eastern region to the...
Afreximbank has pledged $1.1 million to the governments of Jamaica and Haiti to support recovery following Hurricane Melissa. Under the commitment, $600,000 will be...
The World Bank has closed and settled its $200 million Clean Cooking Outcome Bond.Proceeds will be used to finance the distribution and use of cleaner cooking stoves in...
The World Bank has approved a $250 million loan to Uzbekistan’s Ministry of Economy and Finance to support the EduImkon Programme, which will expand access to...
EBRD has signed a sovereign loan of up to €150 million (approximately $162 million) with Morocco to finance the third and final phase of the Saiss Water Conservation...
EBRD has approved a financing package of up to $20 million for Golomt Bank, Mongolia's third largest commercial bank. The facility is structured across three...
The African Development Fund has approved a $21 million grant to support upgrades to urban infrastructure and climate adaptation measures in Djibouti. The financing...
ADB has approved a $108 million loan to the state of Mizoram, India, to support the roll-out of its new universal healthcare scheme. The results-based financing will...
ADB has closed a $19 million financing package with Armeconombank to expand access to finance for MSMEs and households in Armenia, prioritising women-led businesses and...
ADB has approved a $24.4 million grant to Vanuatu to rehabilitate Port Vila’s wharf road following severe earthquake damage. The grant, funded through...
Hae Kyong Yu has been appointed vice-president (administration and corporate management) at the Asian Development Bank for a three-year term, effective from 2 February...