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
19 April 2024

EIB, NIB fund LTG Link's new electric, battery trains

LTG Link has signed a €200 million (about $213 million) loan deal with NIB and EIB to finance the purchase of electric and battery-powered trains. NIB and the EIB will provide loans of €100 million each to finance nine electric and six battery trains, which will replace about... More

News
19 April 2024

Silvipar Astarte Impact Forestry Fund achieves final close

Astarte Capital Partners and Silvipar have announced the final closing of their inaugural Silvipar Astarte Impact Forestry Fund (SAIFF) at $325.3 million. Originally targeting $200 million, SAIFF attracted substantial oversubscription, drawing investors from over 25 countries across five... 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
19 April 2024

Kenyan women to benefit from empowerment partnership

Bill & Melinda Gates Foundation and EIB have joined forces to empower women and promote financial inclusion in Kenya. Through a new partnership, they are launching a €30 million ($32.4 million) microfinance programme in the country, with €15 million ($16.2 million) funding from EIB... More

News
19 April 2024

World Bank aims to expand health services to 1.5bn people

The World Bank Group has unveiled an ambitious plan to support countries in delivering quality, affordable health services to 1.5 billion people by 2030. This is part of a larger global effort to provide a basic standard of care through every stage of a person’s life — infancy,... More

News
19 April 2024

First bidding process of Resilient Roads Program in Honduras is underway

Honduras has launched the first bidding process for five highway tranches within the framework of the "Honduras Resilient Roads Program (PCR-HN)" financed by CABEI.The rehabilitation and improvement of this tranche of the Danlí-Trojes road is 78km long and has been divided into... More

News
19 April 2024

BlueOrchard adds BII and NDF to climate insurance private equity fund

BlueOrchard has added two new investors, BII and the Nordic Development Fund, to the InsuResilience Investment Fund Private Equity II (IIF PE II). BII has committed $15 million with NDF committing $13.5 million and an additional $1 million as a grant for the fund's technical assistance facility.... More

News
19 April 2024

DFC invests in Regenera Ventures I

DFC has granted a $4 million investment to Regenera Ventures I, an impact investment fund focused on promoting ecosystem regeneration in Mexico. Created with support from the USAID in Mexico, Regenera Ventures I is a fund led by women, aiming to support companies adopting regenerative practices that... More

News
19 April 2024

EU, EIB partner to support Ukraine's reconstruction and integration efforts

EIB and the Government of Ukraine have established a strategic cooperation framework to support Ukraine's reconstruction, recovery, and EU integration efforts. This collaborative partnership will focus on crucial public and private sector initiatives, which will be funded through the EIB's... More

News
19 April 2024

EG Capital welcomes new investors to EG-EEF

EG Capital, a growth investor focused on mezzanine debt investments for SMEs and mid-cap companies in East Africa and Zambia, says new partners will be joining the EG-Economic Empowerment Fund (EG-EEF) to support groups within the food, climate, health and education sectors.With two investments... More

News
19 April 2024

IFC, Amundi close SEED Fund, mobilizing $436m for emerging market sustainable bonds

IFC and Amundi have closed the SEED Fund (Sustainable Emerging Economy Development Debt). This fund, which is a sub-fund of Amundi Planet II, SA SICAV-RAIF, was launched in 2021 during COP26 in Glasgow and has raised $436 million from institutional investors.IFC, Alecta, Cassa Depositi e Prestiti,... 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
19 April 2024

EBRD finances innovative housing in Poland

EBRD has provided a loan of PLN58.9 million ($14.7 million) to Nrep Nordic Strategies Fund IV's Polish subsidiary. This loan will finance Nrep's innovative flexible living property, known as Noli Studios, marking their first property of this kind in Poland.Noli Studios provide privacy while... More

News
19 April 2024

New Zealand commits funds to ADB’s Energy Transition Mechanism

The government of New Zealand has committed $25 million to ADB's Energy Transition Mechanism Partnership Trust Fund to support the shift toward clean, sustainable energy in Southeast Asia.The ETMPTF pools concessional funds from financing partners to finance critical groundwork such as... More

News
18 April 2024

Acre's Export Finance Fund 1 receives interest for second closing

Acre Impact Capital has received interest from a large pool of investors for second closing of its Export Finance Fund 1 — with investors already at various stages of due diligence — after announcing first closing this week. The fund, with commitments of $100 million at first... More

News
18 April 2024

EIB's first Bhutan project will finance renewable power

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

News
18 April 2024

IBRD Issues $420m in catastrophe bonds for Mexico

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

News
18 April 2024

DBK issues KZT100bn sustainability eurobond

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

News
18 April 2024

OeEB invests almost €20m in GGF

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

News
18 April 2024

IBRD prices NOK3bn sustainable development bond

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