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02 August 2016

KDB agrees loan with Canadian tungsten group

The Korea Development Bank (KDB) has agreed a letter of commitment for a six-year CAD $57.9 million loan with Canadian tungsten group Almonty Industries for the build...

01 August 2016

IFC commits up to $200 million to Emerging Asia Fund

IFC, a member of the World Bank Group, has committed up to $200 million to the IFC Emerging Asia Fund (EAF), which this week reached a first close. IFC is joined by...

29 July 2016

FMO successfully issues Zambian Kwacha bond

FMO has issued its inaugural offshore Zambian Kwacha bond, which fits FMO's stategy to promote local currency business.

29 July 2016

Chinese banks face assest-quality risks due to rapid growth

The rapid pace of growth in Chinese bank leverage since 2008, which has contributed to economic imbalances and decreasing credit efficiency, poses significant...

06 July 2016

EBRD increases support for Greek oil and gas group

The European Bank for Reconstruction and Development (EBRD) is stepping up its support for Greek's Energean Oil & Gas with an additional $20 million loan. The...

05 July 2016

BNDES approves loan for wind projects

BNDES, Brazil's state development bank, has approved a $109 million loan to support the development of four wind farms in Ceara state, in the north-east of the...

04 July 2016

EBRD supports Albanian electricity group modernisation

The European Bank for Reconstruction and Development (EBRD) has agreed a €218 million loan to Albanian electricity generator Korporata Elektroenergjitike...

01 July 2016

EBRD supports expansion of solar energy in Cyprus

The European Bank for Reconstruction and Development (EBRD) is providing €10 million in debt financing for the construction, development and operation of five...

30 June 2016

EBRD finances Turkish renewable energy projects

The European Bank for Reconstruction and Development (EBRD) is providing $110 million in new funds to Turkish lender Akbank to finance private companies investing in...

30 June 2016

AfDB loan to provide power to 1.5m Kenyans

The African Development Bank (AfDB) has given the green light to a $135 million loan to launch the second phase of an energy project expected to provide power to about...

30 June 2016

NIB funds geothermal power plant in Iceland

The Nordic Investment Bank has signed a €45 million loan deal with electricity producer Landsvirkjun for the construction of a geothermal power plant in Husavik,...

27 June 2016

VEB will restructure Olympic loans

Russian state-development bank Vnesheconombank (VEB) is to set aside more money to cover bad debts linked to the 2014 Sochi Olympics. It will restructure more than 200...

27 June 2016

EBRD to help modernise transport system

The European Bank for Reconstruction and Development (EBRD) has agreed a €10 million investment to help improve the transport system in Pristina, the capital of...

23 June 2016

AFC and Harith merge assets to power Africa

Investors Harith General Partners (Harith) and Africa Finance Corporation (AFC) have joined forces to create an energy entity combining both renewable and...

22 June 2016

NIB finances power line in Norway

The Nordic Investment Bank (NIB) has signed a deal with Norwegian grid operator Statnett to partly finance a new power line. The €106 million loan was allocated...

24 May 2016

Thessa Menssen is new member of FMO Supervisory Board

Dutch development bank FMO has appointed Thessa Menssen, chief financial officer and member of the Executive Board of Royal BAM Group, as a new member of its...

11 May 2016

IFC boosts sustainable energy financing in Lebanon

The International Finance Corporation (IFC) has agreed a $20 million loan deal with Lebanese banking group Fransabank to increase its lending to businesses looking to...

11 May 2016

KfW part of landmark peer-to-peer securitisation deal

Lending platform Funding Circle has announced a "landmark transaction" to bring securitisation to the peer-to-peer market. German development bank KfW and...

10 May 2016

EBRD to support transport sector in Egypt

The European Bank for Reconstruction and Development (EBRD) is to provide an investment package of $250 million in two tranches, including one to help develop the...

06 May 2016

African DFIs urged to partner for solutions to intra-African trade finance

The first ever Intra-African Trade Finance and Payment Systems Conference held in Abidjan has urged African development finance insitutions to forge partnerships in a...