Latest News

IFC to finance Jakarta waste-to-energy plant

The International Finance Corporation (IFC) will be providing a financing package for the 35MW Sunter waste to energy plant in Jakarta, Indonesia’s capital

Trade Ledger debuts invoice financing solution

Sydney-based corporate banking platform Trade Ledger has launched its new invoice financing tool to financial institutions in Australia, Europe and Asia

UKEF provided £6.8bn in support in 2018

UK Export Finance, the export credit agency of the UK government, has revealed that it provided a total of £6.8 billion in financing support for UK exports in its last financial year

JICA signs loan for Mindanao road network

Japan International Cooperation Agency (JICA) has signed a US dollar denominated $202 million overseas development aid loan for the 177km Mindanao conflict-affected road network with the Filipino government

ADB reissues Myanmar road advisory tender notice

Asian Development Bank has re-advertised a request for expressions of interest from information systems companies to assist Myanmar’s Ministry of Construction (MOC) in enhancing road concessions

FMO to lend to Srei Equipment Finance

Dutch development bank FMO is to provide a loan of $30 million to a subsidiary of India-based Srei Infrastructure Finance

JBIC and NEXI extend debt to SUEK

Russian mining company SUEK has signed a MoU with Japanese ECAs for a new $50 million credit line

Anadarko reaches FID on Mozambique LNG

An Anadarko-led consortium has announced a final investment decision on the $25 billion Area 1 Mozambique LNG project in the Rovuma Basin in offshore Mozambique

IDB to invest in Argentine hydro

IDB Invest will finance modernization of the Salto Grande bi-national hydroelectric complex, which serves Argentina and Uruguay

Tinubu Square appoints new group sales director

France-based provider of digital credit insurance, surety and trade finance solutions Tinubu Square has appointed Sophie Riottot as its group sales director

ADB seeks engineering adviser on Timor-Leste port

The Asian Development Bank has requested engineering companies express their interest to advise the Timor-Leste government on a port PPP project

Former Lloyds MD Rigby joins Stenn International

Stenn International, a UK-based supply chain and trade finance provider, has hired Chris Rigby, the former head of asset-backed commercial paper conduit business at Lloyds

Côte d'Ivoire invites TA bids for EU-backed renewables

Côte d'Ivoire’s Ministry of Economy and Finance is inviting bids from consultancy firms to carry out the technical advisory role for a renewables programme of independent power producers (IPPs)

JICA signs loan for Basra refinery

The Japan International Cooperation Agency has signed with Iraq’s Ministry of Oil a $1 billion loan for the $3.7 billion Basra Refinery Upgrading Project II

DBSA signs loan for Bumbuna II hydro

The Development Bank of Southern Africa (DBSA) has signed with London-based renewables developer Joule Africa a $4.9 million loan for the $650 million, 143MW Bumbuna II hydropower project in Sierra Leone

EOI out on Pakistan Development Fund advisory

Pakistan has invited international consulting firms to express their interest to advise on strengthening the federal PPP framework and enabling reforms for infrastructure financing

EBRD mulls another Kosovo wind loan

The EBRD is considering a loan of $62 million for a 105MW wind farm in the municipality of Mitrovica in northern Kosovo

OPIC approves loan for Lekela's Egypt wind farm

OPIC has approved a $87 million loan for Africa-focused renewable energy developer Lekela Power to fund its $326 million, 250MW wind farm in the Gulf of Suez – 30km from Ras Ghareb, Egypt