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News
06 February 2025
in
Renewable energy

Solarcentury and IDC to develop solar project in Zambia

Solar Century Africa and the Industrial Development Corporation Limited (IDC) of Zambia have signed a Heads of Terms agreement to co-develop a 67MWp solar power plant.The...

News
06 February 2025

New report aims to reduce EU taxonomy reporting burdens

An expert group mandated by the European Commission to advise it on the development of sustainable finance policies — the Platform on Sustainable Finance (PSF)...

News
06 February 2025
in
Social infrastructure

EIB provides €466m to Czech Republic for railway upgrades

The EIB is providing a €466 million loan to the Czech Republic to finance the upgrading of key railway lines across the country. The loan covers technological and...

News
06 February 2025

GuarantCo secures $50m standby liquidity facility

GuarantCo, part of the Private Infrastructure Development Group (PIDG), has secured a $50m standby liquidity facility from Standard Chartered. The facility is designed to...

News
06 February 2025
in
Waste and water

ADB, Fiji sign deal for urban waste management

ADB has signed a Transaction Advisory Services Agreement with Fiji’s Ministry of Local Government (MLG) to support the development of a new sanitary landfill and...

News
06 February 2025
in
Social projects

IDB Invest, BBVA Peru support women entrepreneurs

BBVA Peru, in collaboration with IDB Invest, launched its first international private social bond, and the first with performance-based incentives. The funds will boost...

News
06 February 2025

Ameriabank gets EIB funds to support SMEs

EIB has made its first ever agreement with Ameriabank. The development bank will provide the bank with €105 million in financing — its largest direct loan...

News
06 February 2025
in
Social projects

EBRD exits Ibnsina Pharma in Egypt

EBRD has fully exited its remaining 8.8% stake in Ibnsina Pharma through the Egyptian Exchange.The bank acquired a 20% stake in Ibnsina Pharma in 2015 through a...

News
05 February 2025
in
Traditional energy

Belize battery storage project gets IBRD funding

The government of Belize, in partnership with the World Bank and the Government of Canada, has launched a new energy project aimed at strengthening the country’s...

News
05 February 2025
in
Finance and other

EIB prices second USD global of 2025

EIB has priced a new $3 billion ten-year global benchmark due February 12, 2035. The bond pays a semi-annual coupon of 4.625% and has an issue price of 99.565%, providing...

News
05 February 2025
in
Finance and other

Ghana development bank unveils new CEO

Dr. Randolph Nsor-Ambala has been appointed as the Chief Executive Officer of the Development Bank Ghana.Nsor-Ambala is a seasoned development finance professional with...

News
05 February 2025

EU offers €250m to boost Moldova’s energy security

The EU will support Moldova with €250 million ($258 million) this year to help bolster the country’s energy security after the crisis triggered by Russia...

News
05 February 2025

IsDB pens $1.6bn deals with Egypt

The Egyptian government has signed two agreements with the Islamic Development Bank Group, securing $1.6 billion in funding to support trade financing and private sector...

News
05 February 2025

EBRD, EU supports flood recovery in Bosnia and Herzegovina

EBRD and the EU are supporting small businesses in Bosnia and Herzegovina to bounce back after the 2024 floods by providing them much-needed funding for repairs and new...

News
04 February 2025
in
Social infrastructure, Social projects

CEB funds 2 housing projects in Ukraine

CEB has approved an additional €150 million for two housing projects in Ukraine.A new project worth €50 million will help internally displaced persons to obtain...

News
04 February 2025
in
Social infrastructure

NIB funds Hemso’s Finnish and Swedish projects

NIB has signed a SEK700 million (over $63 million) loan agreement with Hemso Fastighets to finance their projects in Finland and Sweden. The company will refurbish...

News
04 February 2025
in
Traditional energy

AFD signs up to Mission 300 energy initiative

AFD has committed to mobilising €1 billion to accelerate access to energy in Africa by 2030. The annoucement is part of the Mission 300 program - launched by the...

News
04 February 2025

IDB Invest backs Mundi Ventures Latam Fund I

IDB Invest committed a $5 million equity investment to Mundi Ventures Latam Fund I, a $100 million early-growth vehicle managed by Mundi Ventures. This investment...

News
04 February 2025
in
Waste and water

BNDES funds water and sewage supply upgrade in Amazonas

BNDES will support the investment plans of Aguas de Manaus, the water and sewage supply concessionaire for the capital of Amazonas. The operation totals BRL1.5 billion...

News
03 February 2025

CEMAC adopts new procurement strategy

The Central African Economic and Monetary Community (CEMAC) has adopted new measures to attract private sector involvement in regional project development.The regional...