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News
30 May 2025
in
Renewable energy

SAEL secures funds for 300MW Andhra Pradesh solar project

SAEL Solar MHP1 has secured $132 million in debt financing for the development of a 300MW solar power project in Andhra Pradesh, India.The funding was secured from Asian...

News
30 May 2025

Afreximbank says Ghana 'up to date' on loans, risking creditors' ire

Afreximbank has signalled that Ghana has kept up loan repayments to it, sources said, potentially setting Accra on a collision course with its other lenders that have...

News
30 May 2025
in
Social projects

PNG receives $100m IDA boost for education support

More than 375,000 children in some of the most underserved communities in Papua New Guinea will benefit from a new education project that will improve classrooms, support...

News
30 May 2025
in
Climate finance, Social projects, Waste and water

Mauritania gets funds for gender, water, climate projects

Mauritania and AfDB have signed three new financing agreements totaling nearly $30 million to boost climate resilience, improve sustainable water resource management, and...

News
30 May 2025

5 nations pledge $16m in ADF funding surge

Five African nations - The Gambia, Ghana, Liberia, Sierra Leone, and Sudan - have collectively pledged $16 million to the next replenishment of the African Development...

News
30 May 2025
in
Social infrastructure

Teknia secures EIB funding for R&D

EIB and Teknia have signed a loan worth €30 million (about $34 million) to finance the company’s research and development activities, and measures to apply...

News
30 May 2025

South African SMEs get IFC, FirstRand Bank funding

IFC has set up a risk-sharing facility with FirstRand Bank that will cover half of the credit risk for a portfolio of up to ZAR1.8 billion ($99 million) of loans to South...

News
30 May 2025
in
Renewable energy

BNDES grants $6.6m loan to boost biomethane production

BNDES has approved a loan of around BRL37.6 million (around $6.6 million) to support the expansion of biomethane production infrastructure in the country.The funding is...

News
30 May 2025
in
Climate finance

ADF, Togo to mobilise €200m sustainable loan

AfDB and the government of Togo have signed a partial credit guarantee agreement to support the country’s mobilisation of a sustainable financing facility of...

News
29 May 2025
in
Finance and other

Sidi Ould Tah elected ninth AfDB president

Sidi Ould Tah has been elected president of the African Development Bank. Tah will assume office on September 1, 2025, for a five-year term, following the end of the...

News
29 May 2025
in
Climate finance

EIB supports new UN framework for ocean investment

The United Nations Ocean Investment Protocol - a new framework to align financial flows and business practices with the transition to a sustainable ocean economy - has...

News
29 May 2025

Afreximbank wins mandate for South Africa’s $1.7bn Suiso Project

Afreximbank's Advisory and Capital Markets (ACMA) department has been appointed and mandated as the exclusive financial advisor to raise capital for the $1.7 billion...

News
29 May 2025
in
Mining

Blencowe receives latest DFC funds

Blencowe Resources has received the latest disbursement of $500,000 from the US development bank DFC, taking total funds received under the overall $5 million technical...

News
29 May 2025

Euro Manganese raises C$11.2m for Czech project

Euro Manganese has raised C$11.2 million (over $8 million) through a combination of private placement and a share purchase plan, with proceeds to fund the development of...

News
29 May 2025
in
Renewable energy

FSM to increase renewables in energy mix

Thousands of families across the Federated States of Micronesia (FSM) will benefit from better, more reliable electricity under a new project with financing and technical...

News
29 May 2025

Ofis Yem receives green transition funding

EBRD is providing a €25 million loan to Ofis Yem, a livestock feed producer in Turkey, to support the transition to a green economy and the adoption of inclusive...

News
29 May 2025
in
Social projects

New project to boost Tunisia’s health system and pandemic response

The World Bank has approved $125.16 million in financing — including a $17.16 million grant from the Pandemic Fund — to support Tunisia’s efforts in...

News
29 May 2025

Proparco and FMO join BII's ARIA platform

Proparco and FMO are joining Africa Resilience Investment Accelerator (ARIA), the platform created by British International Investment, as funding partners.ARIA aims to...

News
28 May 2025

Evertis gets funding for PET production plant

Evertis, a subsidiary of Portuguese polymer company IMG Group, has received €25 million from EBRD to finance the construction of a facility producing plastic film in...

News
28 May 2025
in
IT and telecoms

Orange Egypt secures funds for 5G rollout

EBRD and Banque Misr are supporting Egypt’s digital transformation by providing a syndicated loan of around $80 million to mobile telecommunications provider Orange...