The EBRD and IFC are to provide up to $ 41 million in long-term debt financing for the 55MW Masrik-1 Solar power plant in the municipality of Masrik, Armenia

The Asian Development Bank and Multilateral Investment Guarantee Agency have signed a cooperation agreement to accelerate the use of their financial solutions for the private sector and PPPs

Alessandor Puliti is to replace Antonia Vella as chief upstream officer at Italian multinational oil and gas company Eni in Rome

Private equity fund HitecVision plans to turn its recently acquired Solveig Gas pipeline firm – which owns 25.6% of Gassled joint venture – into a separate oil and gas company

The Asian Development Bank has re-advertised a request for expressions of interest (EOIs) from water sector experts to help on the transfer of services under PPP in four cities in Uzbekistan

African DFIs are lining up to sign on a $200 million debt package for the Colluli potash mine in Eritrea being developed by a joint venture (JV)

Bangkok Bank and Commerzbank have completed a pilot transaction on TradeIX’s Marco Polo digital trade finance network

Silicon-Valley startup Crowdz has raised $5.5 million through a Series A funding round for the development of a global blockchain-based invoice exchange

Zenith Bank UK has appointed Goretti Lote as its new head of international business development, based in London

The World Bank has approved $10 million in international development association (IDA) guarantees for the first phase of Ethiopia's $200 million Renewable Energy Guarantee Programme (REGREP)

EBRD has promoted Andi Aranitasi as new head of North Macedonia in Skopje

The International Chamber of Commerce (ICC) Banking Commission has called for “clarification and harmonisation” of regulations to close the trade finance gap in a whitepaper published today (28 May 2019)

UK-based facilities management and cleaning company NIC Services Group has signed a new invoice finance deal with Siemens Financial Services (SFS)

The IFC will provide up to $7.5 million to kick off early-stage work on the $600 million, 258MW Mpatamanga hydropower PPP on the Shire River in the Southern Region, Malawi

The Asian Development Bank (ADB) has signed on an agreement to provide $750 million in long-term financing to Indian Railway Finance Corporation (IRFC) to fund the Railways Track Electrification Project

The European Bank for Reconstruction and Development (EBRD) has invited bids from consultancy firms to carry out a feasibility study of a planned 300-500MW solar PV project in the Tufail region of Lebanon

Liberty Specialist Markets, part of Liberty Mutual Insurance, has appointed Paul Kunzer to a new role as head of trade credit multi-buyer and excess of loss (XOL)

The Bangladesh Government will rely on DFI support and sovereign funding for the expansion of a transmission grid

Uzbekistan is conducting pilot PPP projects to overhaul solid waste management (SWM) systems in two cities with transaction adviser Asian Development Bank seeking an international consultant to conduct a pre-feasibility study