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13 September 2024

BlackRock to close two impact strategies

BlackRock is set to close the BlackRock Global Funds China Impact fund and BlackRock Funds I ICAV Global Impact fund due to an expectation that the funds will not raise...

13 September 2024
in
Finance and other

AfDB launches $2bn social global benchmark

AfDB has priced a new $2 billion five-year Social Benchmark transaction due 18 September, 2029. The bond pays a coupon of 3.500% with a re-offer yield of 3.574% and a...

13 September 2024
in
Climate finance

SADC countries call for international blended investment facility

Thirteen Southern African Development Community (SADC) Member States have called for the establishment of an international blended investment facility to unlock...

13 September 2024
in
Climate finance

World Bank supports plan to cut Black Sea pollution

The World Bank approved a $6.39 million grant from the Global Environment Facility for the Blueing the Black Sea GEF Regional Project. This grant will support the...

13 September 2024
in
Social infrastructure, Social projects

DFC funds Indian housing, healthcare projects

DFC has unveiled details of several new investments in India’s private sector designed to advance top priorities of the US and Indian governments, including...

13 September 2024
in
Renewable energy

South African renewable energy gets €400m boost

Renewable energy projects developed by independent power producers in South Africa have received a €400 million (ZAR7.9 billion) boost via a joint initiative between...

13 September 2024
in
Finance and other

AFC leads Nigeria’s inaugural domestic dollar bond, raising over $900m

Africa Finance Corporation has announced the issuance of an inaugural domestic dollar bond from the Nigerian government, raising $900 million.AFC acted as global...

13 September 2024
in
Social infrastructure

OPEC Fund approves almost $1.2bn in new development funding

The OPEC Fund is significantly stepping up its development support with nearly $1.2 billion in new funding since June.The latest projects approved by the Governing Board...

13 September 2024

IDB, WTO pledge to step up trade support

IDB and the World Trade Organization have agreed to deepen their collaboration and work towards better trade. Both organizations will join efforts to foster digital...

13 September 2024
in
Social infrastructure

ADB approves $320m for Pakistan road projects

ADB has approved a $320 million loan to support the rehabilitation of roads in the province of Khyber Pakhtunkhwa in Pakistan.The Khyber Pakhtunkhwa Rural Roads...

12 September 2024
in
IT and telecoms

BNDES launches funding line for data centre projects

The National Bank for Economic and Social Development (BNDES) has launched a BRL2 billion ($355 million) line of credit for investment in data centres. The measure...

12 September 2024
in
Climate finance

IFC issues SEK2.6bn green bond

IFC has issued a five-year, SEK2.6 billion ($243 million) green bond designed to promote ocean-friendly projects and improve access to clean water and sanitation in...

12 September 2024
in
Renewable energy

EIB supports Irish offshore wind port investment

EIB and the Irish Department of Transport are cooperating to assess capacity, demand and financing strategies required for the development of ORE port infrastructure,...

12 September 2024
in
Renewable energy

EIB, DBSA up support for private sector renewable energy

EIB and DBSA have upped their support for renewable energy projects in the private sector.A €100 million (ZAR1.98 billion) loan from the EIB, matched by the DBSA,...

12 September 2024
in
Social infrastructure

NIB finances Bonnier Fastigheter’s refurbishing of buildings in Sweden

NIB and Bonnier Fastigheter have signed an eight-year loan agreement to finance the refurbishment of three properties in Stockholm and two in Uppsala.  The SEK200...

12 September 2024
in
Social infrastructure

SFD finances Bahamas airport expansion project

Saudi Arabia is investing $55 million to expand North Eleuthera International Airport (ELH) in the Bahamas.The airport serves the northern part of Eleuthera Island in the...

12 September 2024
in
Agriculture/food chain

Foodtech start-up MATR gets EIB loan

Danish food innovator MATR Foods signed a €20 million loan agreement with EIB to expand production of plant-based meat-alternatives. The EIB funding, supported...

12 September 2024
in
Social infrastructure

Philippines to construct 3 new airports

Three new greenfield airports are set to be built in the Visayas and Mindanao over the next decade to boost the Philippines' tourism and aviation sectors.The...

12 September 2024
in
Social projects

EBRD helps Ukraine’s banks unlock €690m of new lending

EBRD is providing new guarantees to Ukraine’s banking sector and unlocking €690 million of new financing to critical industries in wartime Ukraine.The bank is...

12 September 2024
in
Mining

And debt shall have no dominion

ECAs, DFIs and banks to Madagascar’s Ambatovy nickel mine project financing are facing a wipeout of $1.66 billion loans under a new shareholder restructuring proposal....