World Bank to phase out lending to China by 2031
The World Bank will reduce lending to China to zero by 2031 under its new country partnership framework. World Bank lending to China peaked at $2.42 billion in 2017...
The World Bank will reduce lending to China to zero by 2031 under its new country partnership framework. World Bank lending to China peaked at $2.42 billion in 2017...
ADB has approved a $182.89 million loan to India to strengthen Karnataka's public school system and improve learning access. The loan, denominated in yen...
ADB has approved $200 million in emergency assistance for Sri Lanka's post-Cyclone Ditwah recovery and reconstruction. The financing package comprises a $100...
The World Bank Group announced new financing, partnerships, and risk-sharing initiatives that will help mobilise billions in public and private investment to create jobs,...
GuarantCo has provided a payment default guarantee for VND792 billion ($30 million) of green bonds issued by Verdant Energy's Vietnam C&I solar...
AFC has appointed Fola Fagbule as director and head of its regional office in Nairobi. Fagbule will lead AFC's activities across East and Central Africa,...
IFC has appointed Imad N. Fakhoury as regional vice-president for the Middle East and Central Asia, effective 1 July.Fakhoury will be based in Dubai, UAE, and will lead...
ADB has approved a $50 million policy-based loan to Nepal to modernise customs administration, boost trade and support job creation. The financing supports...
ADB has approved a $70 million concessional loan to support fiscal and governance reforms in the Kyrgyz Republic. The financing is for subprogram 2 of the...
NOTUS energy has signed a €162 million ($184 million) debt package for a 123.9MW wind farm in Ukraine. The IFC and the EBRD are each providing €70 million...
MIGA has issued a guarantee of up to €13.05 million ($15 million) to Aeolus for a 100MW solar plant in Tunisia. The 20-year guarantee supports Aeolus'...
BNDES and Instituto Ekloos have launched a BRL17 million ($3.3 million) call to support social organisations and informal collectives in northeast Brazil. The BNDES...
EBRD is lending €25 million ($28 million) to Turkiye's Besler Gida ve Kimya Sanayi ve Ticaret for production capacity and efficiency upgrades. The loan will...
JICA has signed a JPY24.237 billion ($150 million) ODA loan with Cambodia for a southwest Phnom Penh irrigation and drainage project. The project targets Kampong...
ADB has approved a $160 million ordinary capital resources loan to scale up solar power generation in Bhutan. The project will deploy at least 310MW of new solar...
Turkiye's VakifBank has signed $250 million in trade finance facilities guaranteed by MIGA, with JP Morgan as sole funding bank. The facilities will increase...
Eiffel Investment Group has launched Eiffel Impact Debt III with €500 million ($570 million) raised at first close for mid-sized European companies. The impact...
Egypt has issued JPY80 billion ($500 million) of sustainability samurai bonds supported by an African Development Bank partial credit guarantee. The issuance...
Afreximbank and South Africa have signed a $14 billion MoU to support industrial development, trade expansion and regional integration. The agreement between the...
Swedfund has committed $15 million to Navegar Fund III to provide growth capital for mid-sized companies in the Philippines. The private equity fund focuses on...