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17 February 2025
in
Social infrastructure

NIB mulls funding for Icelandic bridge project

Nordic Investment Bank is considering providing financing for a bridge construction project in Iceland.The project will involve the construction of a 330-metre-long...

17 February 2025
in
IT and telecoms

Um Telecom turns to BNDES for data centre funding

Brazilian B2B-focused operator Um Telecom will submit a project to development bank BNDES in the coming days to finance the next phases of its first data centre, in...

17 February 2025

China-IFAD facility for agricultural projects gets funding boost

China has renewed its $10 million funding to the China-IFAD South-South and Triangular Cooperation (SSTC) Facility for agricultural projects.Launched in 2018 with an...

17 February 2025

EIF invests €40m in Fonds Strategique des Transitions

The European Investment Fund in investing €40 million in the Fonds Stratégique des Transitions (FST), a private equity fund managed by ISALT.With a target...

17 February 2025
in
Renewable energy, Traditional energy

AFD, SIDBI pen MSME green finance deal

Small Industries Development Bank of India (SIDBI) and AFD have signed a $100 million credit facility agreement to scale up green finance solutions for Indian MSMEs. The...

14 February 2025
in
Social infrastructure

AFC, Chexim vow to up infrastructure deals

Africa Finance Corporation and the Export-Import Bank of China have signed an agreement to deepen collaboration in financing strategic infrastructure and trade projects...

14 February 2025
in
Mining

ESG disclosures have become a de facto requirement in Zimbabwe

Disclosures on a business’ operations and risks in environmental stewardship, social responsibility and corporate governance play an important part in how it is seen by...

14 February 2025
in
Renewable energy

ONGPL acquires Ayana Renewable Power in $2.3bn deal

ONGC NTPC Green Private (ONGPL) - a 50:50 JV between ONGC Green Limited and NTPC Green Energy - is acquiring a 100% equity stake in Ayana Renewable Power for INR195...

14 February 2025
in
Renewable energy

BNP Paribas, EIB form €8bn wind energy partnership

BNP Paribas has signed an agreement with EIB that will stimulate up to €8 billion of funding for wind energy projects across the EU. This initiative will unlock...

14 February 2025

EBRD and Citi Ukraine sign new revolver

EBRD and Citi Ukraine have signed a $100 million revolving credit facility in Ukrainian hryvnia to increase the availability of the national currency to local businesses...

14 February 2025
in
Traditional energy

Two more lenders shun $10bn PNG LNG project

Italy’s largest banking group, Intesa Sanpaolo, and the Asian Development Bank have vowed to not finance a $10 billion LNG project in Papua New Guinea by...

14 February 2025
in
Social infrastructure

IDB Invest funds El Salvador industrial parks projects

IDB Invest provided $50 million in financing to Aristos Inmobiliaria to support the development of the second phase of Orion Industrial Park, the first airport free trade...

14 February 2025
in
Traditional energy

World Bank funds Eswatini energy access project

The World Bank has agreed funding for a project to help set Eswatini on the path to universal energy access by 2030.  The Accelerating Sustainable and Clean Energy...

14 February 2025
in
Social projects

DFIs invest in I&P Afrique Entrepreneurs 3 fund

EIB and Investisseurs & Partenaires (I&P) have penned a financial partnership worth €15 million for the new I&P Afrique Entrepreneurs 3 (IPAE 3) fund....

14 February 2025
in
Social projects

Polish SMEs, female entrepreneurs supported by EIB

EIB, the European Investment Fund, Santander Bank Polska and Santander Leasing have signed a new agreement to support lending to SMEs in Poland. The deal has a particular...

13 February 2025
in
Renewable energy

AFRIGREEN Debt Impact Fund closes at €100m

RGreen Invest and Echosys Invest have announced the final closing of the AFRIGREEN Debt Impact Fund, having successfully reached its €100 million target. The...

13 February 2025

Germany backs OCP's green hydrogen project

Germany has granted €30 million ($31.26 million) to a green hydrogen project in Morocco that aims to produce 100,000 tonnes of green ammonia annually once...

13 February 2025
in
Traditional energy

Funding approved for Uganda-South Sudan interconnection project

African Development Fund has approved several loans and grants to Uganda and South Sudan to implement an electricity interconnection project between the two neighbouring...

13 February 2025

Malta receives €260m EIB funds for sustainable growth

EIB has approved a financing package of €260 million to support the Maltese government’s investments aimed at fostering a smarter, greener, and more resilient...

13 February 2025
in
Social infrastructure

IFC invests in landmark Indian road infrastructure bond

IFC has invested ₹860 crore (about $98.35 million) in India’s first sustainability-linked bond in the road sector.The bond, issued by Cube Highways Trust, will...