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27 September 2022
in
Mining, Traditional energy

France restricts oil and gas finance to meet climate commitments

The French government has published a new policy that restricts public finance for fossil fuels from its export credit agency, Bpifrance.The policy is meant to implement...

27 September 2022

FMO, ILX to increase private sector mobilization of funds in SDG initiatives

FMO and ILX Management have signed a Participation Agreement to increase private sector mobilization of funds in SDG and climate finance-related projects in emerging...

27 September 2022
in
Finance and other

IDB fires president Mauricio Claver-Carone

The Inter-American Development Bank has voted to fire its president Mauricio Claver-Carone, the bank said.The decision follows an investigation which showed that the only...

27 September 2022

FEDA announces first close of $670m

The Fund for Export Development in Africa has announced its first close of $670 million across its four fund strategies. Of the $670 million raised, $270 million is...

27 September 2022
in
IT and telecoms

Horizon Capital Growth Fund IV receives DFI investments

EBRD and IFC are investing in the Horizon Capital Growth Fund IV.EBRD has committed up to $40 million in the fund, managed by Horizon Capital, a leading private-equity...

27 September 2022
in
Social infrastructure

JICA funds Bhutan infectious diseases centre

JICA has signed a grant agreement with Bhutan to provide aid of up to JPY2.994 billion ($20.7 million) for the construction of the Royal Centre for Infectious...

27 September 2022
in
Renewable energy

EBRD to lend €12m for Kyrgyzstan small HPP units

EBRD is providing a sovereign loan of up to €18.5 million to the Kyrgyz Republic to finance the reconstruction and rehabilitation of a small HPP units.The units are...

27 September 2022

Standard Chartered, IFC ink $700m risk-sharing facility

Standard Chartered Bank and the IFC are proposing a funded 50:50 risk-sharing facility in a portfolio of trade-related assets for up to $700 million. IFC plans to invest...

27 September 2022

Afreximbank welcomes adoption of factoring laws in Niger and Burkina Faso

Afreximbank has commended the governments of Niger and Burkina Faso for adopting a factoring law to support the business activities of SMEs.The enactment of the factoring...

27 September 2022
in
Social projects

BDC launches $500m Thrive Venture Fund and Lab for Women

BDC has launched its $500 million Thrive Venture Fund and Lab for Women during the Elevate Festival in Toronto. Building on the success of BDC Capital’s Women...

27 September 2022
in
Social infrastructure

EIB, Autonom sign $15m financing deal

EIB and Autonom signed $15 million financing to accelerate the transition to low emission vehicles in Romania and help businesses to reduce carbon emissions.The...

27 September 2022
in
Agriculture/food chain, Social projects

ADB announces $14bn financing to ease APAC food crisis

ADB plans to provide at least $14 billion over 2022-2025 to ease the worsening food crisis and improve long-term food security in APAC.The funds will be drawn from across...

27 September 2022
in
Social infrastructure

EIB providing €4bn for Romania's health and transport

EIB is providing €4 billion for Romania’s National Resilience Recovery Plan which will support health and transport investments across the country.The minister...

27 September 2022
in
Traditional energy

World Bank approves additional $335m IDA credit for Tanzania's grid

The World Bank has approved additional financing of $335 million to support Tanzania’s grid extension and grid densification.The new International Development...

26 September 2022

Tomas Kairys to lead EBRD operations in Baltic states

The EBRD has appointed a new head of its operations in Estonia, Latvia and Lithuania.Tomas Kairys, currently a senior lawyer at the bank, will formally assume the...

26 September 2022
in
Climate finance

DFC, USAID announce $15m for Conservation International Ventures

DFC and USAID have announced a $15 million financing for Conservation International Foundation’s impact investment fund Conservation International Ventures.The...

26 September 2022
in
Climate finance

Loxam receives EIB green loan of €130m

EIB has lent its first Green Loan in France of €130 million to Loxam to support its energy transition and CSR commitments.With the EIB Green Loan funding, Loxam will...

26 September 2022
in
Agriculture/food chain

EBRD promotes green innovation in Uzbekistan’s agribusiness

The EBRD is promoting green innovation in the agribusiness sector of Uzbekistan by supporting operations of the country’s leading brewer UzCarlsberg.A senior EBRD...

26 September 2022
in
Social infrastructure

AfDB approves €28m loan for Senegal's road and transport network

AfDB has approved a €28.8 million loan for improving the road and transport network linking six municipalities in Senegal.The financing will be sourced from savings...

26 September 2022
in
Finance and other, Social projects

EBRD invests €80m in AT1 notes to be issued by NLB

EBRD is investing €80 million in Additional Tier 1 notes issued by Nova Ljubljanska Banka Ljubljana to support the financial sectors and MSMEs in Slovenia.The notes...