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Sharjah approves water project, UAE

The emirate of Sharjah has approved the AED261 million ($71m) Al Mudina Tank project.

MCDF supports DRC / Zambia hydro

Early-stage feasibility studies for the Luapula Hydropower Project are being financed by a grant from the Multilateral Cooperation Center for Development Finance (MCDF).

EBRD approves $15.6m infra loan, Kyrgyzstan

The European Bank for Reconstruction and Development (EBRD) has approved a loan of up €14.7 million ($15.6m) to finance the modernisation of electric public transport in Osh City, Kyrgyzstan

Honduras secures financing to improve water and sanitation

Honduras has secured a $56.1 million loan from the Inter-American Development Bank (IDB) to modernise and expand the access to water and sanitation services in the country’s Central District – including the capital Tegucigalpa.

ABD approves Uzbekistan grid digitization loan

The Asian Development Bank (ADB) has approved a loan of $200 million for the distribution network digital transformation and resiliency project in Uzbekistan.

EBRD mulls loan for Kazakhstan WWTP

The European Bank for Reconstruction and Development is considering a loan of up to $100.8 million to finance a greenfield wastewater treatment plant in Aktobe, Kazakhstan

EIB loans €200m to CTP for solar

The European Investment Bank has committed to providing €200 million of loans to CTP intended to support the solar panel deployment across its European business park portfolio

EFA to support nickel-cobalt project, Australia

Australia’s export credit agency is providing conditional finance support for Alliance Nickel’s NiWest nickel-cobalt project in Western Australia

Brazil tenders mega national park concession

Brazil’s Chico Mendes Institute for Biodiversity Conservation (ICMBio), linked to the ministry of environment and climate change (MMA), will auction the Jericoacoara National Park in Ceará on 26 January 2024.

Filmer joins Export Finance Australia

Sean Filmer has joined Export Finance Australia as associate director for project and structured finance from DBS Bank

IFC to advise South Africa on student accommodation

The International Finance Corporation (IFC) is advising the government of South Africa on a programme to increase student accommodation in the country’s higher education sector through private sector investment.

FirstLight to acquire Canadian IPP Hydroméga

Clean power producer, developer, and energy storage company FirstLight Power has finalized its agreement to acquire Hydroméga Services, including ownership interest in 5 hydropower generating stations in Québec and 5 in northeastern Ontario

Korea lends support to floating wind

The city of Ulsan has signed a Letter of Intent (LOI) for boosting their support for Korea Floating Wind Power’s (KF Wind) 1.2GW floating offshore wind project in South Korea.

Brazil state park PPP advances

The state government of Minas Gerais is advancing the Rio Doce State Park (PERD) PPP – part of its State Parks Concession Programme (Parc) – opening the project to public consultation

IDB, South Korea renew LatAm co-financing initiative

The Inter-American Development Bank Group and South Korea’s government have agreed to renew and expand the Korea Infrastructure Development Co-Financing Facility for Latin America and the Caribbean

Six bids due for EEHC’s CSP scheme, Egypt

The Egyptian Electricity Holding Company (EEHC) is expected to receive bids from at least 6 consortia for a $270 million, 250MW concentrated solar power (CSP) scheme located in Egypt’s north coast