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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

Triterras closes significant TF hire

Triterras Inc. – the well-known fintech company for trade and trade finance – has appointed Sri Vasireddy as chief technology officer, effective immediately

Zimbabwe targets AfDB debt

The government of Zimbabwe has announced that it intends to clear its arrears with the African Development Bank

IFC’s InfraVentures to invest in redeployable solar PV

The IFC is considering a $3 million investment via its InfraVentures vehicle for a redeployable solar PV programme in Africa executed by Norwegian renewables developer Scatec ASA

EIB backs Italian distribution

The EIB has signed a €100 million contract with Dolomiti Energia Group to support the energy company’s development plan across Italy

SEK backs Swedish wind farm FC

Enlight Renewable Energy and Prime Green Energy Infrastructure Fund have reached financial close on the Björnberget wind farm in Sweden with 3 lenders providing €300 million in non-recourse debt - including support from SEK

Bids in for Mexican rolling stock tender

The Mexican national fund for tourism − Fonatur − has received 2 bids to provide rolling stock for the Mayan train system

World Bank report gives cheer on FDI

The latest Migration and Development Brief published by the World Bank has revealed that – despite Covid-19 – remittance flows remained resilient in 2020, registering a smaller decline than had been projected

Raiffeisen Bank Romania raises $197m bond

Raiffeisen Bank Romania has raised RON400 million from the issuance of its senior green bond to finance sustainable projects in Romania

IFC seals ground-breaking Africa deal

The International Finance Corporation has issued Africa’s first certified green loan to South African lender Absa Bank to fund renewable energy projects in the nation

Acciona takes a bow for ADB work

The Asian Development Bank has given top billing to Acciona as its leading contractor for projects financed by the institution between 2016 and 2020 in the Philippines

IFC invests in South African student accomm platform

The IFC has invested $10.7 million in a South African student accommodation investment platform managed by real state fund manager Eris Property Group

ADB drafts energy policy: coal exit, gas remain

Asian Development Bank (ADB) is to formally withdraw from financing coal-fired power projects and oil and gas activities, but may still finance natural gas-fired power projects, according to its draft energy policy

EBRD subscribes to Latvenergo green bonds

The European Bank for Reconstruction and Development has subscribed to Latvenegro’s €50 million green bond issuance for sustainable development in Latvia

DFC in climate first with key hires

The US International Development Finance Corporation (DFC) has unveiled an agency first with the appointment of dedicated senior officials focused on climate

Redstone CSP reaches financial close

An ACWA Power-led consortium has reached financial close on the $826.3 million Redstone CSP project in Northern Cape, South Africa after delays forced by the replacement of the equipment supplier

Vietnam fast tracks strategic road PPP

Hanoi People's Committee is soon submitting to Prime Minister Nguyen Xuan Phuc its proposal for a 6-lane ring road PPP passing through 4 provinces in Vietnam's capital region

Uzbek solar signs financing

Total Eren today signed project financing for a €107 million solar power plant in Uzbekistan with support from a host of DFIs

India transit signs financing

The government of India and the European Investment Bank signed a contract for a tranche to fund a €1.77 billion metro rail project in Maharashtra’s second-biggest city after Mumbai

EU, India to enhance infrastructure cooperation

Leaders of the European Union and India intend to strengthen cooperation on infrastructure projects in frontier and developing markets