The first EIB project in Bhutan will support new solar PV and hydropower schemes under the EU’s Global Gateway initiative.The 30-year loan for €150 million ($160 million) will unlock an estimated 310MW of new renewable energy generation to serve communities in remote regions. The... More

IBRD issued three catastrophe bonds that finance $420 million of insurance coverage for the Government of Mexico against named storm events along the Atlantic coast of Mexico and earthquake events. The cat bonds replace and increase by $60 million the previous cat bonds for these perils.The cat... More

The Development Bank of Kazakhstan (DBK) has launched its first sustainability Eurobonds, becoming the first non-sovereign issuer in the CIS to do so in local currency.With the support of the Astana International Financial Centre’s (AIFC) and Green Finance Center, the DBK raised KZT100 billion... More

The Green for Growth Fund (GGF) and OeEB have announced an investment of €19.8 million (about $21 million).The investment by Austria's development bank, its fifth transaction with GGF, replaces the expired initial agreements signed ten years ago. The Green for Growth Fund invests in... More

IBRD has priced a NOK3 billion ($273.5 million) floating rate Sustainable Development Bond that matures on October 26, 2029. The bond offers a quarterly coupon of three-month NIBOR + 19 bps and was priced at 100%. Nordea acted as sole lead manager for the transaction. More

JICA has signed a JPY2.72 billion ($17.6 million) grant agreement with the government of Guinea for the reconstruction of Faranah bridge on National Route no.2.The Faranah bridge is a crucial transportation link between Conakry, the capital, and the Forested Guinea region. Currently, the aging... More

The World Bank Group and AfDB Group are partnering on a project to provide at least 300 million people in Africa with electricity access by 2030.The World Bank will work to connect 250 million people to electricity through distributed renewable energy systems or the distribution grid while the AfDB... More

BNDES has given the green light for financing of BRL84.6 million ($16 million) to support Tembici's innovation plan for the 2024-2026 period. This funding will be utilized by Tembici to drive research and development initiatives, enhance user experience, optimize functionality through new... More

Bloom Africa Holdings Ltd (BAHL) has secured an investment from the Fund for Export Development in Africa (FEDA), the impact investment subsidiary of Afreximbank. BAHL holds interests in multiple financial institutions across Gambia, Sierra Leone, and Liberia, operating under the name Bloom Bank... More

Acre Impact Capital has announced the first closing of its Export Finance Fund I, with commitments of $100 million.The fund, which has a target size of $300 million, has attracted a diverse group of investors including institutional investors, DFIs, family offices and impact-first investors such as... More

EBRD has agreed a €15 million loan to Feka Automotive, a Serbia-based producer of automotive lighting. Feka, which has supply contracts with the likes of Toyota, VW and Stellantis, will use the funds to improve its overall efficiency and increase the availability of reliable lighting... More

Qair has closed financing for the construction and operation of two 10MW greenfield solar plants, located in Feriana town, in Tunisia’s Kasserine Governorate.The financing was approved by the European Bank for Reconstruction and Development (EBRD) with a total provision of €7.8 million... More

EIB is granting a loan of €400 million (about $426 million) to expand municipal power grids in the German federal state of Thuringia. The co-financed EIB project totalling around €600 million to municipal energy supplier Thuringer Energie AG will upgrade and expand the grid in rural areas... More

IDB and Paraguay have signed a $60 million loan to strengthen health services in the San Estanislao district, north of the Eastern Region of the country. The loan will finance the design, construction, equipment, and commissioning of the San Estanislao General Hospital. The hospital will have... More

DFC and IDB Invest have launched a new co-financing framework aimed at supporting high-impact development projects in Latin America and the Caribbean. The framework will focus on financing projects in sectors such as renewable energy, transportation infrastructure, digital economy, and financial... More

National Infrastructure Agency and IFC are cooperating on PPP projects in Colombia. This agreement aims to support the strengthening of the regulatory framework, institutionality, and governance of PPP projects currently being promoted by the government.Several projects have already been identified,... More

IFC has approved an investment of €75 million ($79.6 million) in Ulker Biskuvi, designed to enhance the company's earthquake resilience and support climate mitigation and adaptation efforts.Ulker Biskuvi will use the funds to implement structural improvements at its factories in Istanbul... More

EIB and the French department of Seine-Maritime have joined forces in a 25-year finance contract worth €150 million ($159.3 million) to modernize the working and learning environments of 13,000 pupils, along with their teachers and staff members, in public lower secondary schools within the... More