EBRD is investing in Mongolia’s public healthcare sector by extending a sovereign $43.2 million loan and a €5 million capital grant to the country's government. Funds will be used to design, build, and equip a new 250-bed hospital in Darkhan.Improving access to healthcare and reducing... More

IsDB has approved around $418 million to fund new development projects in member countries.Tajikistan received $150 million for the construction of the Rogun Hydropower Plant Project's Lot-4 (Left Bank Structures). The project aims to provide clean, affordable, and reliable renewable electricity... More

IDB and the Interdisciplinary Institute of Political Economy of Argentina will select and fund up to six research proposals that address the challenges of the link between infrastructure, connectivity, and integration in Latin America and the Caribbean.The call "Connecting Latin America and the... More

IFC is investing $7 million in Salmon Group to promote financial inclusion in the Philippines. Joining the $25 million Series A extension round as a lead investor, alongside Northstar Group and other local and international investors, IFC aims to support Salmon's mission of expanding financial... More

EBRD has made a €33.9 million ($36.2 million) investment in Bielenda, acquiring an indirect stake through investment in its holding company, Innova Central Holding SCA. This holding company is controlled by the private equity fund Innova/6, where the EBRD is also a limited partner.Thanks to the... More

ITFC unveiled a series of signings at its 49th IsDB Group Annual Meeting.A $40 million Murabaha agreement was signed between ITFC and TDB to bolster economic growth and enhance trade finance capabilities within Eastern and Southern Africa. This collaboration will further facilitate trade and... More

NADBank has unveiled its Sustainable Financing Framework, which targets investments with significant environmental and social impacts and enhances transparency in the use of funds. The framework focuses on addressing the critical development challenges facing the US-Mexico border region, which... More

The State Development Bank of Kyrgyzstan has launched a new credit initiative for targeted financing of projects in accordance with green criteria through partner banks and other financial institutions.The program aims to stimulate the development and financing of projects that meet environmental... More

IFC is partnering with Korea-based credit card-issuing company KB Kookmin Card (KBC) to increase access to finance for small businesses in Indonesia and boost digital inclusion in Thailand.IFC is providing a $100 million loan in Indonesian rupiah equivalent to PT KB Finansia Multi Finance, an... More

The World Bank is providing immediate support for millions of Malawians severely affected by the ongoing food security crisis. A quick-release of $57.6 million in grant financing is designed to provide the country immediate liquidity through the Catastrophe Deferred Drawdown Option... More

Xlinks First has announced a $14.1 million investment from AFC to further the development of Xlinks’ Morocco–UK Power Project, which will provide affordable, reliable, clean energy from Morocco to Britain within a decade.Once complete, the project’s wind and solar generation,... More

IBRD priced a catastrophe bond that finances $150 million of insurance coverage for the Government of Jamaica against named storm events. This is the renewal of the World Bank’s 2021 cat bond for Jamaica, which was the first small island state to independently sponsor a cat bond.Jamaica is... More

ADB has appointed Utsav Kumar as its new Country Director for Kazakhstan.Kumar has 18 years of international experience, including more than 11 years at ADB. Prior to his appointment to Kazakhstan, he was ADB Deputy Country Director for Sri Lanka where he led country programming, knowledge, and... More

NIB, Citadele bank and the Lithuanian biopharmaceutical company Celltechna have signed a ten-year financing agreement of €37 million (almost $40 million) for a gene therapy product facility in Vilnius. NIB will provide a €22.5 million loan, and Citadele will extend a €14.5... More

FONPLATA development bank has raised CHF145 million (around $159 million) via a new public bond issue in the Swiss market. The issuance was carried out under the bank's Sustainable Debt Framework.The bond has a duration of 3.5 years, maturing on November 2027, and an interest rate of 2.5925%.... More

AfDB Group president Dr. Akinwumi Adesina has appointed career diplomat Ambassador Jalel Trabelsi as his Special Envoy for the MENA and Gulf Region.Ambassador Trabelsi brings to the role over 30 years of experience as a diplomat.As Special Envoy for MENA and the Gulf Region, Ambassador Trabelsi will... More

EBRD has appointed Halotrade founder Shona Tatchell as its new Director, Head of the Trade Facilitation Programme. Tatchell, who begins on May 7, will take over the role from Rudolf Putz, who will be retiring at the end of May.EBRD’s flagship TFP has financed more than 30,000 foreign trade... More