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News
20 December 2024
in
Renewable energy

SACE backs EIB loan for Sicily solar PV plant

SACE has backed a €100 million (about $104 million) green loan between EIB and Iberdrola to fund a new photovoltaic plant in Italy. The deal represents EIB's...

News
20 December 2024
in
Renewable energy

Chad solar project receives AfDB financing

AfDB has approved funding worth €28 million ($29 million) to build solar power plants in Gassi and Lamadji, Chad. This is part of the bank's Desert to Power...

News
20 December 2024
in
Finance and other

Montenegro sets up development bank

The Montenegrin government has adopted a decision on the establishment of a development bank.The Development Bank of Montenegro has a founding capital of €107.5...

News
20 December 2024
in
Traditional energy

MIGA supports rural electrification in Burundi

MIGA has issued a $10.9 million guarantee to Anzana Electric Group of Mauritius for its investments in Weza Power. The guarantee covers the risk of breach of contract for...

News
20 December 2024
in
Renewable energy, Traditional energy

EIB and EDP sign €700m renewable energy financing

EIB and EDP SA signed two loans totalling €700 million (about $727 million) to finance the rollout of EDP Renewables’ energy projects in Portugal, Spain and...

News
20 December 2024

EBRD launches portfolio risk-sharing product in Kosovo

EBRD has signed the first portfolio risk-sharing facility in Kosovo with Raiffeisen Bank to unlock €25 million of new finance for MSMEs. Around 20% of the facility...

News
20 December 2024
in
Social infrastructure, Social projects

EIB funds new public transport in wartorn Ukraine cities

EIB has announced €16.5 million in EU-backed funding to renew urban public transport in Kyiv, Mykolaiv, Ivano-Frankivsk and Odesa.The funding will enable the...

News
20 December 2024
in
Social projects

Pandemic Fund announces 3rd round of funding

The Pandemic Fund’s governing board approved a grant envelope of $500 million for its third round of funding to help low- and middle-income countries scale up...

News
20 December 2024
in
Social infrastructure

IFC supports green industrial parks in Mexico

IFC is participating in Vesta’s $545 million Global Syndicated Sustainable Credit Facility to support the development of green industrial parks in Mexico.The credit...

News
20 December 2024
in
Social projects, Waste and water

Bangladesh receives $1.16bn for 3 projects

The World Bank has approved three operations totaling $1.16 billion to help Bangladesh improve health services, boost water and sanitation services and achieve greener...

News
20 December 2024

IDB and BNDES prepare $900m SME financing

IDB has approved a loan to BNDES, creating the BID-BNDES Access to Credit Program for MSMEs and small entrepreneurs in the Brazilian Amazon. In addition to the $750...

News
20 December 2024
in
Renewable energy

Madagascar’s first sustainability bond is launched

Societe Generale Madagasikara issued Madagascar’s first sustainability bond to support renewable energy projects and small business growth in the country. The bond...

News
20 December 2024
in
Agriculture/food chain, Climate finance

Moroccan agricultural industry gets $250m climate funding

The World Bank has approved $250 million for the Morocco Transforming Agri-food Systems Program. The funding is aimed at increasing the Moroccan agri-food system's...

News
20 December 2024

IDB Invest agrees financing package to Grupo Hi-Tec

IDB Invest has provided a financing solution for a total amount of $42 million to Grupo Hi-Tec to strengthen the manufacturing sector in Mexico. The financing is...

News
20 December 2024
in
Social infrastructure

Amaravati City gets $800m for sustainable development

The World Bank has approved the $800 million Amaravati Integrated Urban Development Program in India. The project is aimed at establishing the city as a...

News
20 December 2024

EBRD lends in local currency to ProCredit Bank Ukraine

EBRD is lending €20 million in local currency to ProCredit Bank Ukraine (PCBU) to bolster the bank’s medium-term lending to Ukrainian private businesses. The...

News
19 December 2024
in
Climate finance

Ecuador completes $1.5bn debt swap for Amazon conservation

Ecuador has completed its second debt-for-nature swap, this time unlocking $460 million to protect and manage the forests and wetlands of its Amazon rainforest.By...

Perspective
19 December 2024
in
Renewable energy

Azerbaijan's gradual conversion to renewables

With 1.2GW of wind and solar projects now financed, Azerbaijan has made substantial progress in procuring renewables projects. A consistent project pipeline will be...

News
19 December 2024
in
Social infrastructure

Ukrainian Railways gets €300m for electric trains

EBRD is lending €300 million ($312 million) to Ukrainian Railways to finance the acquisition of electric locomotives. The loan will be co-financed by a parallel...

News
19 December 2024
in
Renewable energy

AFRIGREEN pens $15m deal with Watt Renewable

AFRIGREEN Debt Impact Fund has entered into a $15 million facility with several project companies owned by Watt Renewable, an independently-owned provider of hybrid solar...