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24 April 2025

DOGE to shut down Millennium Challenge Corporation

A US federal agency that focuses on fostering economic growth in developing countries is being effectively shut down as part of efforts by Elon Musk’s Department of...

24 April 2025
in
Social infrastructure, Social projects

Bangladesh secures 2 loans worth $850m from IDA

Bangladesh and the International Development Association have signed two financing agreements totaling $850 million to help the country develop the Bay Terminal deep sea...

24 April 2025
in
Social infrastructure

NIB funds refurbishment of Biomedicum building in Helsinki

Nordic Investment Bank has signed a €8 million ($9.1 million) loan agreement with Kiinteisto Oy Biomedicum Helsinki to finance the refurbishment of a key research...

24 April 2025
in
Finance and other

EBRD takes further step towards geographical expansion

EBRD's shareholders have accepted an amendment to Article 1 of the bank’s statutes, enabling the expansion of its operations to selected countries in...

24 April 2025

KDB to invest KRW1.7trn in start-ups

Korea Development Bank (KDB) has unveiled plans to invest KRW1.7 trillion (about $1.19 billion) in Korean start-ups this year. The investment marks an increase of up to...

24 April 2025

ADB deploys almost $40bn for development across APAC in 2024

ADB committed $24.3 billion from its own resources in 2024, coupled with $14.9 billion in co-financing in collaboration with its partners, to help Asia and the Pacific...

23 April 2025
in
Social infrastructure

China to upgrade gas networks in 5 provinces

ADB has signed a $125 million loan package (in yuan equivalent) with Henan Tian Lun Gas Group to reduce methane leakage by rehabilitating aging gas distribution networks...

23 April 2025
in
Social infrastructure

IFC partners with Grupo Equatorial to advance Brazil’s energy transition

IFC is partnering with Grupo Equatorial to enhance Brazil’s energy access, improve system reliability, and reduce environmental impacts amid rising energy demands...

23 April 2025
in
Social infrastructure

NIB finances new trains for Arlanda express

Nordic Investment Bank has signed a loan deal with A-Train to finance the acquisition of new trains for the Arlanda express rail connection between Stockholm Arlanda...

23 April 2025
in
Traditional energy

Palisades Nuclear Plant receives 3rd loan disbursement

The US Department of Energy has released the third loan disbursement to Holtec for the reopening of the Palisades Nuclear Plant. The disbursement is for $46,709,358 of...

23 April 2025
in
Social infrastructure

Thailand okays ADB, AIIB infrastructure loans

Thailand's government has approved the borrowing of loans for two infrastructure projects. The finance ministry has been assigned to secure a loan from the Asian...

23 April 2025
in
Social projects

CAF to help combat malaria in Amazon border regions

The Pan American Health Organization (PAHO) and Latin American development bank CAF are partnering to strengthen malaria control activities in the Amazon border regions...

23 April 2025

EIB adds $60m support for LeapFrog Investments

EIB is accelerating the use of green technologies in Africa and Asia with a $60 million pledge for private equity firm LeapFrog Investments. The funding is for a...

22 April 2025

Kyrgyzstan MSMEs supported by IDA, AIIB

The International Development Association and Asian Infrastructure Investment Bank have approved funding for developing a sustainable finance market for MSMEs in the...

22 April 2025
in
Waste and water

Kyrgyzstan receives water supply project financing

The first phase of the Kyrgyz Republic Water Supply and Sanitation Universal Access Program has received funding from a number of development banks.The International...

22 April 2025
in
Social infrastructure

Ronesans closes financing for Turkish PP plant and terminal

Turkish conglomerate Ronesans Holding has closed an ECA-backed financing to progress the development of a new polypropylene (PP) production plant and terminal facility....

22 April 2025
in
Renewable energy, Social infrastructure

Caribbean countries strengthen energy resilience via new facility

The International Development Association has approved the Caribbean Resilient Renewable Energy Infrastructure Investment Facility for Grenada, Saint Lucia, and Saint...

22 April 2025
in
Mining

AAK to boost production of copper cables

EBRD is lending up to €20 million to Uzbekistan’s leading manufacturer of copper cable and wire products, Artikul Aziya Kabel (AAK).EBRD’s loan will be...

22 April 2025

Exiled: Beatriz Perez Perazzo, Global Recovery Group

Today’s Exile is Beatriz Perez Perazzo, Managing Director of the Latin American Portfolio at Global Recovery Group.

22 April 2025
in
Mining, Social infrastructure

Argentina’s balancing act amid World Bank and agency support

Argentina has secured a major investment programme with the support of the World Bank, the IMF and the IDB. This is a step on from the economic crisis that engulfed the...