QMC Telecom International has closed two credit facilities totaling $115 million to support the company's 5G network infrastructure investments in Latin America.The first credit agreement, a four-year $50 million loan, was delivered by Deutsche Bank to provide additional liquidity for growth... More

Sumitomo Corporation and Hankyu Corporation, in partnership with JICA, have agreed to operate and maintain the Manila Light Rail Transit System Line 1 (LRT-1). As part of this collaboration, Sumitomo Corporation will transfer a portion of its shares in Light Rail Manila Corporation (LRMC), the... More

NIB and TKM Kinnisvara signed a 15-year investment loan of €16.1 million ($17.4 million) to finance the construction of a logistics centre in Maardu, Estonia.   The logistics centre is built to serve the volumes of goods of the companies of TKM Group, primarily serving the cargo... More

Banque du Caire and IFC have joined forces to sign a financing agreement worth $100 million. This agreement is aimed at supporting the development of MSMEs in Egypt, with a particular focus on projects owned by women entrepreneurs.Under the agreement, $50 million will be allocated to provide funding... More

IFC and the EU are partnering with the Commercial Bank of Ceylon to scale up green finance in Sri Lanka.The partnership, which is under EU's regional initiative 'Accelerating Climate Smart and Inclusive Infrastructure in South Asia', will help CBC set the foundations for net zero... More

World Bank is providing emergency support to the state of Rio Grande do Sul, heavily impacted by recent rains and floods. Around $125 million in resources from ongoing projects are already available for immediate reallocation. The funds come from the projects “Urban Resilience Program in... More

NIB and the Municipal Guarantee Board have agreed to extend their €200 million ($215 million) revolving credit agreement for five years. The credit strengthens the financing arrangements of Finnish municipalities, which finance investments in social housing, schools and public services.The... More

The Charles Darwin Foundation (CDF) and Oceans Finance Company (OFC) have announced a strategic partnership aimed at advancing crucial long-term conservation initiatives to enhance resilience to climate change in the Galapagos Islands.The 16-year partnership will focus initially on channelling... More

M&G Investments has committed €107 million ($115 million) into the €1.3 billion European Fund for Southeast Europe (EFSE), a blended finance vehicle with backing from the European Commission and the EIB. The investment was anchored by Catalyst – M&G‘s £5 billion... More

Capital charges for blended finance products could be cut under plans being discussed by the European Commission.The move would make it cheaper for investors to allocate money to emerging and developing markets, with EU advisors warning regulators that asset managers and owners in Europe are being... More

Development partners gathering in Paris on May 14 are expected to pledge towards the $4 billion needed to provide clean cooking access for 250 million African women by 2030.The landmark event aims to drive significant change in clean cooking access for the nearly one billion Africans using polluting... More

AFC and CDP have signed an MoU that sets out to enhance Italian-African business collaboration.The strategic alliance endeavours to bolster African infrastructure, harness natural resources, and propel industrial development through shared expertise and enhanced financial cooperation, while... More

EIB has signed a €470 million ($506.7 million) loan with the regional government of Valencia to co-finance a series of green, social and digital investments in the Spanish region. Through the EIB loan and co-financing from the Valencia regional government, support will be provided for... More

Brazilian government agency Sudene has received a request for BRL400 million ($77.7 million) of funding from Rio Alto Energias Renovaveis Group to finance four solar PV projects in the municipality of Santa Luzia in Paraiba.The projects – Rio Alto XVIII, XIX, XX and XXI – total 200MW of... More

DFC has agreed up to $412 million in financing and political risk insurance in support of Sierra Leone's plans to address rolling blackouts and expand its power system through renewable energy solutions in the future.DFC approved a new loan of up to $292 million to the Freetown-based Western... More

World Bank has appointed Mariam Sherman as its new Country Director for Vietnam, Cambodia, and Lao PDR. She brings nearly 30 years of experience to her new role.Based in Ha Noi, Sherman will lead World Bank’s engagements with the countries' governments, development partners, and other... More

CFE has secured a 15-year financing deal of €150 million ($161 million) from AFD to support the construction of a floating solar power plant in the northern states of Sinaloa and Coahuila in Mexico.CFE aims to enhance its power generation capacity by adding over 120MW through this project. Once... More