Latest News

Top Story

Collingwood joins Finverity

Finverity, the mid-market supply chain finance platform with a focus on emerging markets, has made Alex Collingwood head of corporate sales and origination

IFC considers equity stake in Liquid Telecom

The IFC is looking to follow up its role in Africa-focused Liquid Telecommunications’ bond and refi with a $90 million equity stake

EIB supporting Lebanese wastewater project

The EIB is expected to provide up to €74 million for a €107 million project to develop a wastewater network in Tripoli – Lebanon’s second largest city located in the north of the Middle Eastern state

ADB eyes much needed Philippines railway

Asian Development Bank (ADB) is considering funding the 6 contract packages, amounting to about P151.69 billion ($3.01 billion), of the South Commuter Railway project in the Philippines that has attracted 23 international and local bidders.

ADB agrees on China downstream gas

Asian Development Bank (ADB) agreed to provide a loan on a nearly $380 million project to a subsidiary of one of the first non-state-owned enterprises established in China’s urban gas sector.

AIIB shakes up leadership

Asian Infrastructure Investment Bank (AIIB) President Jin Liqun has changed the multilateral’s senior management team effective 1 August 2021

AfDB signs grant for Ethiopia-Djibouti energy trade

The African Development Bank has signed a $71 million grant for the Ethiopia-Dijbouti Second Power Interconnection Project to boost energy trade between the two East African states

AceOn receives grant for Africa-focused solar and storage tech

The UK government’s Innovate UK agency has awarded a £1 million grant to British energy storage developer AceOn to develop a mobile solar energy storage unit intended for commercial use in Sub-Saharan Africa

ATI names Ghanaian FM as board chairman

The Africa Trade Insurance Agency has named Ken Ofoti-Atta – Ghana’s present minister of finance – as its new board chairman

AIIB approves Pakistan hydro loan

Asian Infrastructure Investment Bank approved a sovereign loan for a $755 million run-of-river hydropower plant in northwestern Pakistan, as part of the province's $11 billion pipeline of hydropower projects

ADFD lends on Rwandan road project

The ADFD has signed with the government of Rwanda a $15 million loan for a 22km section of the 61km Rubengera-Muhanga road which will be repaired and upgraded

IsDB elects new president

The IsDB has elected Muhammed Sulaiman Al-Jasser as the DFI’s new president for a term of five years

Second FMO debt fund holds $150m first close

FMO Investment Management and NN Investment Partners have held a $150 million first close on the Emerging Markets Loan Fund II

IFC appoints new senior manager in Angola

The IFC has appointed Carlos A.T. Katsuya as its new senior manager for Angola, Botswana, Mozambique, and Zambia

Telstra eyes Pacific teleco

Melbourne-headquartered telecommunications company Telstra confirmed that it is discussing a potential acquisition of a telecoms firm in the South Pacific

ATI provides cover for Salima solar PV in Malawi

The ATI has provided a $4.4 million revolving liquidity guarantee to protect the sponsors against payment delays by the offtaker on the $78 million 60MW Salima solar PV in Malawi

Paraná approves new rail authorisation model

Paraná will allow private companies to construct new railways without the need for a formal concession – a test case as the federal government considers similar reforms on a national level.