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USDOT announces port grants

The US Department of Transportation will award $220 million in funding to improve port facilities in 15 states via the Maritime Administration’s Port Infrastructure Development Program

Abraham Fund launched

The combined efforts of the US, Israel, and the United Arab Emirates have launched the Abraham Fund, which fulfills a commitment made in the Abraham Accords

EIB supports Tunisian water plans

The European Investment Bank (EIB) has signed 2 finance contracts totalling €38 million ($45m) with Tunisia and the National Water Distribution Utility

EBRD driving innovation in green TF

The European Bank for Reconstruction and Development (EBRD) is joining this year’s NTT DATA Open Innovation Contest as a partner in the search for potential collaborations with start-ups who have innovative ideas in the area of sustainable trade finance

BNDES to fund Brazil biogas

Brazilian national development bank BNDES has agreed to finance the expansion of a biogas plant owned by Geo Eletrica Tamboara in the state of Parana

USTDA to expand grant support for African infra

The USTDA has issued a call for initial proposals to provide grants for new energy and infrastructure projects in Sub-Saharan Africa

ADM signs on upstream financing

ADM Energy has signed on a partnership deal to activate financing for upstream energy projects in Sub – Saharan Africa

Fal takes key AfDB role

The African Development Bank (AfDB) has named Yacine Fal as its director general to the Cabinet Office of the President – effective from the start of November (2020).

Call for Ukraine trade improvements

Delegates at a two-day virtual event hosted by the European Bank for Reconstruction and Development (EBRD) and the National Bank of Ukraine called for improved policy and regulatory framework to enable the healthy development of factoring

Kasraoui joins Traydstream in ME

Adam Kasraoui has joined Traydstream as global sales and originations lead, expanding its sales coverage of Middle Eastern banking clients as well as a new focus on the value that Traydstream brings to corporate clients

Debt signed for Madagascar solar PV

A French consortium of Axian and GreenYellow have signed a $19 million debt package and $13.1 million in local credit guarantees with three lenders and two guarantors for the €25 million 20MW Ambatolampy solar power plant in Madagascar

WB launches EOI for Cambodia waste management

World Bank has launched the procurement for consulting services to prepare the environmental and social framework for Cambodia’s solid waste and plastic management improvement project

Félix takes up EIB VP role

Ricardo Mourinho Félix is the new vice-president and member of the management committee of the European Investment Bank (EIB), taking up his duties tomorrow

DFC sets out global plans

The US International Development Finance Corporation (DFC) has laid out its first global development strategy – The Roadmap for Impact

India eyes a sustainable floating solar industry

A multilateral development bank has issued a request for expressions of interest (EOIs) to advise on India’s floating solar market

DFC signs grant for Tulu Moye geothermal

The US International Development Finance Corporation has signed a $1.55 million grant for early-stage work on the first phase of the 150MW Tulu Moye geothermal project in Oromia, Ethiopia

Grant approved for Bangui Mpoko airport modernisation

The AfDB has approved a €9.5 million grant to modernise the safety and security measures at Bangui Mpoko International Airport in the Central African Republic

Binns joins Tradewind as VP

Derek Binns has joined Tradewind as a vice president for sales across Europe, working closely with the firm’s headquarters in Mönchengladbach, Germany