In depth
18 April 2024

Uxolo Pathfinder Awards 2023: A tale of two climates

Against the backdrop of an increasingly risky economic climate and growing demand from borrowers, the development finance sector continues to push the boundaries on projects and fundraising to offset the direct and indirect dangers posed by climate change. More

News
24 April 2024

NIB helps fund €460m central hospital in Hameenlinna

NIB and the Wellbeing Services County of Kanta-Hame have signed a 25-year uncommitted credit facility for the new central hospital in Hämeenlinna, Finland. The total cost of the project is approximately €460 million ($491 million).NIB’s financing of up to €100 million supports... More

News
24 April 2024

EBRD disburses Fiberhost/Inea loan

EBRD is disbursing the PLN450 million ($111 million) commitment it made to the PLN2.8 billion refinancing and expansion debt facility raised by Fiberhost and Inea in early March for expansion of their FTTH network in Poland.Fiberhost and Inea are subsidiaries of ODIN Holdings, which is owned by... More

In depth
12 April 2024

GEMs: The dollars are in the details

The long-hoped-for first report on recovery rates from the Global Emerging Markets Risk Database (GEMs) consortium was published last month, and quickly followed by similar reports from IFC and IBRD. It's progress – but is the number crunching sufficiently granular to meet the needs of all... More

News
24 April 2024

EIB-managed Water Sector Fund issues €10m to W2AF

The Water Sector Fund managed by EIB Global will provide €10 million in the Water Access Acceleration Fund (W2AF).W2AF, managed by Incofin, a global impact investment manager, is a “water-focused” blended finance impact fund targeting sustainable and scalable solutions that improve... More

News
24 April 2024

EIB to support Plagazi’s Koping Hydrogen Park

EIB will provide financial advisory support for cleantech company Plagazi's Koping Hydrogen Park in Sweden.The services will be provided free of charge and will pertain to financial advisory support for the project development of the park. Koping Hydrogen Park is expected to annually... More

News
24 April 2024

CEB supports Bucharest healthcare infrastructure

CEB and the Municipality of Sector 6 in Bucharest signed a €1.8 million grant agreement to finance the planning and implementation of a greenfield hospital. The technical assistance is supported by the InvestEU Advisory Hub and will complement a CEB €72.9 million (about $78 million) loan,... More

News
24 April 2024

Lives, Livelihoods Fund 2.0 receives fresh financing

The UAE has pledged $50 million to the second phase of the Lives and Livelihoods Fund 2.0, a multi-donor development program that assists IsDB member nations in developing long-term solutions to lift millions out of poverty.LLF 2.0 will use the funds to support vital health and infectious disease... More

News
24 April 2024

BII, Citi partner to boost trade finance in Africa

BII has signed a $100 million risk-sharing facility with Citi to address the trade finance needs of SMEs and corporates in frontier and emerging African economies.The initiative aims to tackle the critical shortage of foreign currency in the region by providing trade finance liquidity to Citi's... More

News
24 April 2024

Brazil signs up to Lusophone Compact

Brazil has officially joined the Lusophone Compact, an initiative working to accelerate private sector development in Portuguese-speaking countries in Africa, known as the PALOPs - Angola, Cabo Verde, Equatorial Guinea, Guinea-Bissau, Mozambique, São Tome and Príncipe.The Lusophone... More

News
23 April 2024

Second fundraising round of MCPP One Planet attracting new players

A Dutch pension fund is considering investment in the second round of IFC’s MCPP One Planet which should close by H1 2025.The MCPPs are a series of eight syndicated lending platform facilities for co-investment in an IFC portfolio of loans. With this structure, IFC retains as much exposure for... More

News
23 April 2024

Azerbaijan launches first renewables auction

The Ministry of Energy of Azerbaijan has announced the country’s first renewable energy auction for a 100MW solar power plant project in Gobustan. Interested parties are invited to submit their statements of qualification by 14 June.  The country has committed to increasing the renewable... More

Event
Jun 11 - Jun 12, 2024

Uxolo Global 2024: Development & Impact Finance

Divani Caravel, Leof. Vasileos Alexandrou 2, Athina 161 21, Greece

Join us on a mythical adventure through all things impact and development finance as we travel to the historic city of Athens for the first time!

Full details
Event Session
06 March 2024
News
23 April 2024

IFC warehousing securitisation pilot out by year-end

IFC is looking to bring out its first warehousing securitisation pilot by the calendar year-end, with RFP for the arranger closing last week. The warehousing and securitisation platform would co-finance new loans by MDBs at origination, with the intention of only holding the loans until they... More

News
23 April 2024

ADB, PNB fund Philippines rooftop solar system projects

ADB and Philippine National Bank are financing Buskowitz Solar's project to support clean and affordable solar energy for commercial and industrial consumers in the Philippines. The project will generate 88 gigawatt-hours of clean electricity annually and reduce 54,000 tonnes of carbon dioxide... More

News
23 April 2024

USAID deputy administrator to leave

USAID's leadership team is undergoing a shake-up in the final year of President Joe Biden’s first term.Deputy Administrator Paloma Adams Allen plans to leave the agency, three sources said. Adams Allen is USAID’s second in command, who supervises the overall management, budgeting,... More

News
23 April 2024

World Bank suspends Tanzania tourism funding over abuse claims

The World Bank has suspended financing intended to develop tourism in southern Tanzania after allegations of killings, rape and forced evictions.The bank began investigating last year after being accused of enabling abuses around Ruaha national park, which was due to double in size as part of a... More

News
23 April 2024

Eiffel to launch impact unitranche fund

Eiffel Investment Group is launching the first impact unitranche fund for smaller funds.The Paris-based asset manager focuses on sustainable investments. It manages around €6 billion (£5.1 billion) of assets, half of which is invested in private debt and €2 billion of which is... More

News
22 April 2024

MDBs eye up to $400bn more lending over 10 years

Leaders of ten multilateral development banks have committed to take action in five critical areas, including additional lending headroom totalling $300 billion-$400 billion over the next decade.The effort comes amid growing calls for these institutions to boost financing under favourable conditions... More

News
22 April 2024

BNDES funds expansion of plastic wood production facility in Brazil

BNDES has approved financing of BRL24.5 million ($4.7 million) for Madeira Plastica Ambiental to expand its plastic wood production facility in Uniao da Vitoria, Parana. This investment will double the current installed capacity, allowing the company to produce 2,000 tonnes of plastic wood per... More

News
22 April 2024

Mongolia signs landmark climate finance deal for grasslands

Mongolia's government and a coalition of partners have signed a nature finance agreement aimed at protecting 35.6 million acres of the country's lands and waters, including the world's last great tract of temperate grassland. The agreement dubbed "Eternal Mongolia" will... More