EIB is supporting the development and launch of two Earth observation satellites that will provide high-resolution imagery for civilian and defence applications in Poland. It comes after EIB’s Board of Directors approved the group's new Security and Defence Industry Action Plan which is... More

A $1 billion programe to accelerate Turkey's market transition for distributed energy has been signed.The results-based financing program — the first of its kind in Turkiye — will disburse World Bank funds as pre-agreed results are reached and independently verified. It is also... More

Masdar has secured a financial package to build the 250MW Nur Bukhara solar PV plant with a 63MW BESS in Uzbekistan. The financing will also support the construction of a 20-kilovolt substation and a 3.1km transmission line to connect to the grid.The financial package includes contributions from ADB... More

TowerCo of Africa Tanzania (TOA Tanzania), a provider of passive telecom infrastructure, has signed a $30 million financing agreement with BII.TOA Tanzania will use the funds to carry out its plan to build around 200 additional telecommunications sites throughout Tanzania. Founded in February 2023,... More

JICA has signed a grant agreement with the Government of Bhutan to provide grant aid amounting to JPY1.634 billion ($10.4 million) for the reconstruction of bridges on Primary National Highway No. 1 in Mongar District.PNH 1 serves as the vital east-west artery. The maintenance and fortification of... More

Afreximbank and MobiHealthCare Limited have joined forces in a project preparation facility agreement aimed at accelerating the expansion of MobiHealth's telemedicine services in Nigeria. Additionally, the partners will explore the feasibility of establishing similar services in Egypt, Ghana,... More

The dual-tranche Jamii bond issued by NMB Bank is the largest ever sustainability bond in East Africa and the first to be cross-listed on the London Stock Exchange (LSE). Issued in both local currency and the US dollar, the issuance raised TZS400 billion ($159 million) from a range of local and... More

The British Embassy in Zagreb is inviting organisations to submit project proposals for potential funding from its Impact Fund. This year, the call will focus on organisations, projects and activities which link to the following thematic areas: Democratic resilience and civic participation:... More

EBRD is providing a financing package to AccessBank to support the development of MSMEs in Azerbaijan.The bank will provide a syndicated loan of up to $10 million (€9.24 million) with the EBRD as the lender of record, and the European Fund for Southeast Europe as a B lender. The two parties... More

Alternative asset manager TPG and Hassana Investment Company have announced a $1.5 billion strategic partnership in the TPG Rise Climate platform.Hassana is the investment manager of Saudi Arabia's General Organization for Social Insurance (GOSI). The partnership includes a substantial anchor... More

Alpha HPA has unveiled plans to build the largest single-site high purity alumina (HPA) products refinery in Gladstone, Queensland. The company has made a FID on stage two of the'HPA First project, following the successful operation of the stage one precursor facility.The facility will utilize... More

ADB and Rupshi Seed Crushing signed a $10 million loan to construct a greenfield energy-efficient, multi-oilseed crushing plant within the City Economic Zone in the Narayanganj District, Bangladesh. HSBC is also providing an export credit agency-guaranteed parallel loan. The new plant will... More

Sunfarming has commenced the construction of the largest agri-solar plant in South Africa, which is co-financed by DEG and KfW. This project not only generates clean energy but also contributes to local food production, benefitting the rural population in the region from Potchefstroom to... More

The World Bank approved a new investment to increase access to water and sanitation for about one million people in rural Pernambuco, in the northeast of Brazil. This investment includes a $90 million loan from the World Bank and an additional $23 million from the State Government of... More

AfDB has launched and priced a €500 million ($543.4 million) four-year green benchmark.The bond due March 2028 pays a coupon of 2.875% with a re-offer yield of 2.947%. An amount equal to the net proceeds of the notes will be used to finance and refinance eligible green projects.Citi, Credit... More

Sonatel has secured a XOF57.07 billion ($94.5 million) sustainability-linked facility from BII, IFC and Proparco. BII is providing XOF16.4 billion ($27.1 million) of the debt.The funds will be primarily used to enhance essential telecom infrastructure, with a particular focus on improving... More

African EV group Spiro has signed heads of terms for a $50 million debt facility with Afreximbank.Spiro says it will use the funds to enhance its operational capabilities and expand its footprint to more African countries. The financing will boost the company's network of automated swap stations... More

EBRD has made an additional investment of $3 million towards its existing trade finance line with Quds Bank, elevating the total available amount to $15 million.This expansion of the trade line comes at a crucial time for Palestinian businesses, which have been significantly impacted by the war in... More