Latest News

BNDES finances Minas biomass plant

Brazilian development bank BNDES has provided a R$145 million ($27.7m) loan to fund the expansion of a small biomass plant in Minas Gerais

IFC advises CapitalMed project in Egypt

The International Finance Corporation will advise private healthcare developer Egyptians for Health Care Services on its CapitalMed Health Care City project in Badr City, close to New Cairo

Timor-Leste transport – adviser shortlist out

The government of Timor-Leste, through the Asian Development Bank, has shortlisted advisers to provide project preparation support for improving the public transport system in the capital city Dili.

NIIF to invest in DP World's India platform

National Investment and Infrastructure Fund has agreed to acquire about 22.5% equity interest in Hindustan Ports Private, a wholly-owned subsidiary of Emirati logistics company DP World for Rs22.5 billion

Uzbekistan delays healthcare PPP deadline

The ministries of health and finance have extended the deadline to submit qualification applications to develop a portfolio of radiotherapy centres in 4 regions

ADF approves ECOWAS electricity reform grant

The AfDB-managed African Development Fund has approved a $2 million technical assistance grant for the Economic Community of West African State to support electricity sector reforms in West African states

MIGA issues guarantee for Benban solar refi

World Bank-member Multilateral Investment Guarantee Agency has signed a $98.3 million guarantee for the Scatec-led consortium’s 380MW Benban solar portfolio in Egypt

Lenders back Brazilian ethanol plant

The International Finance Corporation has mobilised a $50 million financing package for a Brazilian ethanol and biomass plant

World Bank inks $85m for Pakistan housing

The World Bank and the government of Pakistan have signed financing agreements worth $85 million for the financing of a housing project in the east

EU Council agrees higher renewables targets

European Council ministers have adopted negotiating positions on 2 legislative proposals to tackle the EU's climate transition – the Renewable Energy Directive (RED) and the Energy Efficiency Directive (EED) – paving the way for the faster build-out of renewables

Africa50, AfDB, ASIF sign green infra pact

The African Development Bank, Africa50, and the newly launched Africa Sovereign Investors Forum (ASIF) have signed a letter of intent to collab on green infra projects across the continent

World Bank backs Uzbekistan renewables

The World Bank has approved a $143 million concessional credit to support projects aimed at improving the energy efficiency of public buildings and enhancing the regulatory framework in the buildings sector to attract clean energy investments in Uzbekistan

DFI to support Kyrgyzstan energy

The World Bank has approved a $50 million project to support the government of Kyrgyzstan to improve the country's energy sector.

IFC – latest DFI to join AEP II

The International Finance Corporation (IFC) is set to invest up to $40 million in equity commitments in Alcazar Energy Partners Fund II (AEP II).

India copper refinery achieves FC

Project company Kutch Copper has reached financial close on its roughly Rs110 billion ($1.41 billion) phase 1 of a greenfield copper refinery project in Gujarat, Adani Enterprises said yesterday

DFI eyes loan to Asian data centre JV

Vietnamese real estate Logos Group and French power producer Engie have joined hands to establish a JV with $2 billion in capital to develop, own, and lease data centres in Asia

DFI backs Sri Lanka telecom refi

IFC has signed a loan worth up to $150 million with Dialog Axiata, a quad-play connectivity provider in Sri Lanka, for refinancing existing loans and supporting Dialog’s CAPEX programme

FC looms for Barka V IWP

Spanish water developer GS Inima earlier this week signed the $100 million debt for the Barka V IWP and FC is now expected to occur soon