Latest News

Top Story

IsDB lists debut green sukuk

The Islamic Development Bank has listed a €1 billion green sukuk on the Nasdaq Dubai – the proceeds of which will be funnelled into climate change and green projects in the bank's 57 member states

Afreximbank allocates $500m to Nigerian manufacturers

The African Export-Import Bank (Afreximbank) has allocated $500 million from one of its funding programmes to support Nigerian manufacturers exporting goods within African

AfDB announces senior appointments

The African Development Bank (AfDB) has named a couple of senior appointments in the last week, one in relation to its Asian operations and another in support of its Africa Investment Forum

Madagascar joins AFC

The Republic of Madagascar has become the 22nd country to join development finance institution Africa Finance Corporation (AFC) as a member-state

US signs gas pact with Ukraine and Poland

A trilateral memorandum of cooperation has been signed between the US, Ukraine and Poland to diversify the Eastern European countries’ sources of gas supply, reducing their reliance on Russia

HSBC completes innovative blockchain deal in China

HSBC has issued a digitised letter of credit to a Hong Kong-based electronics company – a deal that represent a number of firsts for blockchain-based trade finance

SMBC signs MoU with Peru's Cofide

SMBC has signed a memorandum of understanding with Peruvian development bank Cofide for infrastructure and energy projects in the country

Queensland approves Chinese-owned wind farm

The Queensland Government has given development approval to the 64MW Kingaroy wind project in South Burnett Regional Council

Longmuir joins Ashurst as partner in Paris

Ashurst has grown its global finance offering by hiring experienced trade finance lawyer Tom Longmuir as partner based in the firm's Paris office

Qatar issues RFP for Facility E

Qatar General Electricity and Water Corporation has issued the long-awaited request for proposal documents for the Facility E independent water and power project

Brazilian street lighting PPP awarded

Porto Alegre, capital city of Rio Grande do Sul state in southern Brazil, has awarded the contract for a public lighting project developed by BNDES to the IP Sul consortium

BNDES backs Brazilian CCGT

The Marlim Azul consortium is finalizing financing details for the construction of the 565MW Vale Azul II combined-cycle project in Brazil

DFI approves climate bond portfolio investment

An Asia-based development finance institution has approved the creation of a $500 million Asia climate bond portfolio, as part of its three-prong capital market initiative

France and Canada to commit to GCF replenishment

Canada's government has announced a C$300 million commitment to the replenishment of the Green Climate Fund as France pledges to double its contribution

Brazil's BNB finances Canadian Solar PVs

Canadian Solar has signed a R487 million loan with Banco do Nordeste do Brasil to finance the construction of two solar PV projects located in Brazil

IFC seeks legal advisers for Uzbek solar

Uzbekistan’s transaction adviser has requested expressions of interest from international legal advisers on two solar PV projects with a total capacity of up to 200MW