EBRD and the Swiss government are contributing additional funds towards the completion of upgrades to water and wastewater infrastructure in the city of Fayzobod and 14 neighbouring communities in Tajikistan.EBRD is organising a financial package of up to €2.7 million for a local utility,... More

Bangladesh is set to sign its first loan agreement with NDB for two projects this year.The projects are the Dhaka Water Supply Project - for which the NDB will provide $320 million - and the Gas Network Strengthening Project, which will receive $443 million.While NDB's interest rates are higher... More

ADB has signed a $121.55 million financing package with Dynamic Sun Energy to build and operate a 100MW grid-connected solar PV power plant in Pabna, Bangladesh.The financing package comprises a $46.75 million loan from ADB, a syndicated B-loan of $28.05 million from ILX Fund I, and a syndicated... More

Indian EV charging network group ChargeZone has secured a $19 million commitment from BII.The company will use the funds to expedite the expansion of its high-speed charging network for electric cars, buses, and trucks across key cities and highways in India. This enables the company to roll out... More

Eavor Erdwarme Geretsried has secured a €131 million ($140.3 million) project finance facility for the construction, operation and maintenance of the closed-loop 64MW geothermal power plant located at the Breitenbach mining site in Geretsried, Germany.Of the total, JBIC is providing €43... More

EBRD and Tajikistan have joined forces to foster gender equality and empower women in entrepreneurship. This cooperation aims to develop the Women Entrepreneurs Finance Code (WE Finance Code) as a means to enhance financial support for women-led MSMEs.To further support women-owned and managed... More

Benin has become the first sub-Saharan African country to join the EBRD, becoming the bank's 75th shareholder.Benin officially expressed its interest in joining the EBRD in July 2023, and in October of the same year, the Board of Governors approved its membership. This decision reflects the... More

JICA has provided an ODA loan of up to JPY60 billion ($385.6 billion) to the government of Turkey to support the Emergency Earthquake Disaster Reconstruction Project.The key objective of this project is to reconstruct and restore the damaged infrastructure while also constructing new facilities.... More

The World Bank has approved a $105.98 million financing package for the Moldova Rural Connectivity Project (MRCP).The project will help the country to improve climate-resilient road connectivity in rural communities, enhance road transit through border crossings with Romania and respond promptly and... More

EBRD is providing funds to upgrade key infrastructure and develop sustainable transportation solutions for Tajikistan’s capital Dushanbe. This is the third project under the Dushanbe Green City Action Plan.The EBRD’s sovereign loan of up to €28.45 million ($30.4 million) will help... More

AfDB President Dr. Akinwumi Adesina has emphasized the critical need for significantly increased financing to meet the Sustainable Development Goals.Speaking at the Islamic Development Bank’s 50th anniversary celebrations in Riyadh, he highlighted a growing annual financial shortfall of $4... More

The World Bank approved a Development Policy Operation for $116 million equivalent for Armenia to enable reforms aimed at promoting green, resilient and inclusive development. The DPO includes loan financing from the IBRD in the amount of €92.3 million ($100 million) and a grant from the... More

Bioo Plataforma de Biossolucoes Holding (Bioo) – a bio-solutions platform established by Sebigas Cotica and eB Capital – has raised a BRL157 million ($31.2 million) loan from BNDES, of which BRL79.8 million is sourced from the Fundo Clima. Closed on 10 April 2024, Banco Santander and... More

Uzbekistan has secured IsDB and OFID financing for the reconstruction of a crucial segment of the M-39 motorway.The IsDB will provide a loan of $106.7 million, and the OPEC Fund will contribute $41.7 million. Both loans have a term of 20 years, which includes a five-year grace period, facilitating... More

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

Seychelles has secured a $20 million OFID loan to provide budget support for the government.The agreement was signed on the sidelines of the boards of governors of the World Bank Group and the International Monetary Fund spring meetings from April 15 to 21. Hassan led Seychelles' delegation at... More