MyHSR Corporation of Malaysia and the Land Transport Authority of Singapore will hold the second industry briefing on 26 September in London

The IFC has disclosed planned investments into two more solar projects being procured under Egypt’s FIT round two. Alcazar Energy is developing each of the 50MW projects

The New York Shipping Exchange (NYSHEX) has generated $13 million in its first fundraising round, with shipping companies and investment banks already on board.

First National Bank (FNB), a division of FirstRand Bank, has joined international trade body Factors Chain International (FCI) as an associate member

The Asian Development Bank (ADB) will offer $3.8 billion of new loans to the Philippines Department of Finance between 2018 and 2020, of which $1.8 billion will be for funding infrastructure

After various delays Sembcorp has reached financial close on the 414MW Sirajganj greenfield gas-fired power project in Bangladesh and the sponsor will now begin to draw down on the loans

The EBRD and Proparco have signed debt financing for the first two projects under Egypt’s second solar feed in tariff programme

Freeport McMoRan is close to divesting 51% of Grasburg mine in Papua to the Indonesian government

Gold miner Lydian International has drawn $32.8 million under a term loan facility with ING and Swedish Export Credit Corporation (SEK).

Brazil has asked a World Trade Organization (WTO) panel to weigh in on its complaint that Canada is hurting its commercial aircraft industry through subsidies to Bombardier.

South African gold miner Harmony Gold has revealed the participating banks on its latest revolving credit facility.

Tajikistan’s Ministry of Transportation, with the help of the Asian Development Bank (ADB), is procuring services to enhance the Khovaling-Baljuvon-Kangurt road, which about 43km long

Power Grid Corp has signed a $500 million loan agreement with the Asian Development Bank to fund construction of new transmission infrastructure in India

Publicly-listed LAUGFS Gas has reached financial close on the import-export liquefied petroleum gas (LPG) terminal at Hambantota Port in Sri Lanka

Hogan Lovells has hired Ricardo Martinez as a partner in its New York office.

ING has appointed Clarence Plummer to Europe head of syndicated finance, Reuters reports.

South African gold miner Harmony Gold has refinanced and expanded its revolving credit facility.

Uralkali, the Russian potash producer, has signed an $850 million pre-export finance (PXF) facility. Uralkali will use the proceeds to refinance existing debt and for general corporate purposes.

An RFP has been issued for the upgrade of the Nairobi-Nakuru-Mau road. Bids for the PPP contract are due in February 2018