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News
16 December 2025

AfDB seeks $25bn for ADF amid US cutbacks

The African Development Bank has launched a donor-pledging conference in London to raise $25 billion for its African Development Fund, following a reduction in US...

News
16 December 2025
in
Social infrastructure

Nis-Dimitrovgrad railway link receives fresh funding

EIB Global has signed a €100 million (about $116 million) loan and secured a €34 million EU grant to support the modernisation and electrification of the...

News
16 December 2025
in
Traditional energy

Egypt pens €200m grid upgrade deal

EBRD has signed a €200 million ($217 million) financing package with Egyptian Electricity Transmission Company (EETC) to support grid upgrades under the...

News
16 December 2025

World Bank approves $150m loan for Togo private sector

The World Bank has approved a $150 million International Development Association operation for Togo to support a package of structural reforms aimed at boosting private...

News
16 December 2025

EBRD agrees $70.5m loan for Turkish SMEs

EBRD has closed a €60 million (about $70.5 million) loan facility with Turkiye’s Sekerbank, targeting women- and youth-led SMEs through dedicated on-lending...

News
16 December 2025
in
Social infrastructure

PNG gets $275m for finance, clean energy, transport

ADB has approved three projects totalling $275 million for Papua New Guinea, targeting access to finance, clean energy and rural transport. The package includes a...

News
16 December 2025
in
Agriculture/food chain

EIB signs $27m loan for Romania agri SMEs

Agricover Credit IFN secured a €25 million (about $27 million) loan from the European Investment Bank to expand credit access for micro agricultural businesses in...

News
16 December 2025
in
Social infrastructure, Social projects

EIB Group and BBVA mobilise €1.3bn

EIB Group has invested €714 million ($768 million) in two securitisation transactions with BBVA, enabling the bank to provide around €1.3 billion in financing...

News
16 December 2025
in
Social projects

Uzbekistan inks $100m MSME financing

The World Bank has approved a $100 million loan and a $5 million grant to Uzbekistan for the Access to Finance for Jobs and Growth Project (FINGROW).The project aims to...

News
16 December 2025

ADB approves grant for women-led MSMEs in Tonga

ADB has approved a $9 million grant to expand credit access and unlock business opportunities for women entrepreneurs in Tonga. The Women Entrepreneurs Leveraging...

News
16 December 2025

ADB approves fiscal and disaster finance for Vanuatu

ADB has approved $20 million in financing to support fiscal resilience and disaster response in Vanuatu. The package includes a $10 million policy-based grant aimed...

News
15 December 2025
in
Social infrastructure

Key Algerian rail project receives €747m funding

AfDB has approved a €747.32 million ($877.7 million) loan to Algeria’s government for the first phase of the Laghouat–Ghardaia–El Menea...

News
15 December 2025
in
Renewable energy

BNDES backs $71m Brazil BECCS project

BNDES has approved a BRL384.3 million ($71 million) loan to FS Industria de Biocombustíveis to finance Brazil’s first industrial-scale bioenergy with carbon...

News
15 December 2025
in
Social infrastructure

ADB agrees $240m loan for Chennai metro expansion

ADB has approved a $240 million loan for the Chennai Metro Rail Investment Project in India.The amount represents the second tranche under a $780 million multitranche...

News
15 December 2025
in
Social infrastructure

Hassan Allam awarded $250m Egypt trade centre contract

Hassan Allam Construction has been awarded a $250 million contract by Afreximbank for the construction of the African Trade Centre, which will also house the bank’s...

News
15 December 2025
in
Social infrastructure

AfDB lends $316m to Morocco for World Cup airport upgrades

AfDB will lend Morocco $316 million to upgrade airport infrastructure ahead of the 2030 FIFA World Cup. The use of proceeds includes upgrades to passenger terminals...

News
15 December 2025

EBRD agrees $100m Iraqi trade finance facility

EBRD has provided a $100 million trade finance facility to the National Bank of Iraq, marking its first investment in the country.The facility supports National Bank of...

News
15 December 2025
in
Traditional energy

Benin receives €173m for electricity access project

Societe Beninoise d’Energie Electrique (SBEE), Benin's national power distribution utility, has received funding from EBRD, Agence Française de...

News
15 December 2025
in
Finance and other

EIB lends to Grupo Oesia for Spanish defence R&D

EIB has signed a €30 million ($32.25 million) loan with Grupo Oesía to finance research, development and innovation in advanced technology in Spain. The...

News
15 December 2025
in
Finance and other

Ben Black sworn in as DFC CEO

Ben Black has been sworn in as chief executive of the US International Development Finance Corporation following Senate confirmation in October. Black participated...