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News
26 January 2017

India's biggest solar project stalls as state balks at cost

The biggest solar project in India - the construction of 1.2 gigawatts in Jharkhand - has stalled as the state, which sought bids from generators, says it can't buy...

News
26 January 2017

MIGA backs loan for Myanmar fibre optic cable work

The Multilateral Investment Guarantee Agency (MIGA) has guaranteed Bank of China's $105.74 million loan to Myanmar Fiber Optic Communication Network. The company is...

Perspective
24 January 2017

Virgin Voyages: Start-up funding but not as we knew it

Fincantieri ended 2016 with final confirmation of the Virgin Voyages cruise ship order - a deal for a start-up backed by one of Sace's largest single cover cruise ship...

News
24 January 2017

Tanzania seeks Turk Eximbank loan for railway

Tanzania has requested a loan from Turkish export credit agency Turk Eximbank to help finance a stretch of a new railway connecting its main port of Dar es Salaam to...

News
20 January 2017

K-sure collects export receivables in Iran

Korea Trade Insurance Corporation (K-sure) has collected €97 million with regard to the Mapna power plant project in Iran. K-sure said the collection...

Perspective
19 January 2017

OCTP: Vitol uses pricing clout for a rare long-term borrowing

A key project for Ghana and a direct lending first for UKEF – Vitol’s OCTP is rumoured to be tightly priced and partially financed under a fixed rate CIRR.

News
18 January 2017

China Exim-backed Ugandan railway project to cost $2.3bn

Phase one of a railway project - financed by the Export-Import Bank of China (China Exim) - to improve connections between Uganda and three of its neighbours will cost...

News
18 January 2017

GuarantCo, NISA form InfraCredit to boost Nigeria projects

London-based GuarantCo and the Nigerian Sovereign Investment Authority (NISA) have formed InfraCredit, an infrastructure credit enhancement facility in Nigeria. It will...

News
17 January 2017

UKEF signs first loan deal in Africa for Ghana energy project

Export credit agency UK Export Finance (UKEF) has agreed to provide $310 million to GE Oil & Gas to supply equipment for the Offshore Cape Three Points project in...

News
17 January 2017

Kexim issues loan for Azerbaijan carbamide plant

The Export-Import Bank of Korea (Kexim) has issued a €500 million loan to Azerbaijan state oil company Socar for its carbamide plant to be built in Sumgait. The...

News
13 January 2017

Spain's Cesce to help finance Peru refinery upgrade

Spanish export credit agency Cesce is set to agree a financing deal for Peru's state energy company Petroperu as part of a $3 billion project to upgrade its Talara...

News
11 January 2017

China Exim finances Bangladesh crude oil pipeline

China Petroleum Pipeline Bureau (CPP) has won a $694 million contract to build a ship-to-shore crude oil pipeline in Bangladesh. China will pay for 80% of the project...

News
10 January 2017

Financial close for Pakistan's China Exim-backed hydro project

Pakistan's 870MW Suki Kinari Hydropower Project, co-financed by the Export-Import Bank of China (China Exim), has reached financial close under the framework of...

News
10 January 2017

China Exim to finance solar project in Argentina

The Export-Import Bank of China (China Exim) is set to agree a loan to help finance a $410 million 300MW solar project in Jujuy province, Argentina. The solar panels will...

News
10 January 2017

AIIB among banks to finance Pakistan hydropower project

The Asian Infrastructure Investment Bank (AIIB), the International Bank for Reconstruction and Development, and the World Bank have agreed to help finance the Tarbela Dam...

News
10 January 2017

Argentine firm looks to European ECAs for wind project finance

Argentine power firm Centrales de la Costa is looking to European export credit agencies (ECAs) and the International Finance Corporation to help finance a 40MW wind...

Perspective
09 January 2017

Tangguh LNG 3: The start of a major new BP gas strategy?

The Tangguh LNG 3 financing was the major deal in the Asian oil and gas market last year. But more significantly, it marked the return of a global sponsor to expansion...

News
09 January 2017

KfW backs Brazilian group's contract for Angolan airport work

Germany's KfW IPEX-Bank led a syndicate of banks guaranteeing a contract awarded to Brazilian group Andrade Gutierrez Engenharia to complete the expansion and...

News
09 January 2017

BNDES agrees loan with Italian group for power project

BNDES, Brazil's state development bank, has agreed a $115 million loan with Italian power company Enel to cover part of the required investment to develop the 102MW...

Perspective
06 January 2017

Sangaredi: High tenor and pitch perfect

DFI loans and a rare untied UFK covered loan have enabled commercial banks to push the tenor on CBG’s Sangaredi mine expansion financing in Guinea.