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Tender out for PNG transport consultant

The Asian Development Bank (ADB) issued a tender on 21 May (2020) recruiting a consultant for preparation of a feasibility study and detailed engineering design for a package of three highway and port projects in Papua New Guinea

EU commits capital to ASEAN green infrastructure initiative

The European Union has provided $56.5 million of funding to the Association of South East Asian Nations (ASEAN) Catalytic Green Finance Facility (ACGF), which is managed by the Asian Development Bank (ADB)

EIB funds Egyptian water and rail projects

The European Investment Bank (EIB) has signed three agreements totalling €122.7 million ($133.9 million) – two grants and one loan – for the upgrading of three water and rail assets in Egypt

China Exim Bank to lend on Rwandan hydro

The government of Rwanda has signed with the government of China a framework agreement to enable China Exim bank to provide a $214 million loan for the 43.5MW Nyabarango II hydropower project in Rwanda's Northern Province

KfW lends on solar PV projects in Ghana

KfW has signed a €22.8 million ($25 million) loan with the government of Ghana for two utility-scale solar projects in the country's Upper West Region

EIB seeks technical adviser for Palestine desal

The EIB has invited bids from consultancy firms for the technical advisory role on the €580.3 million ($636 million) Gaza Central Desalination Plant and Associated Works Programme (GCDP)

BNDES sells its Petrobras shares

Brazilian development bank BNDES has raised R22 billion ($5.17 billion) by selling the ordinary shares it owns in Petrobras through its private arm, BNDESPar

Coronavirus causes delay for China water PPP

The executing authority of a water PPP project in Sichuan has postponed the launch of the request for qualification process, due to the 2019 novel coronavirus outbreak

Tanzania launches DFI-backed Zanzibar solar storage IPP

The government of Tanzania has launched early-stage development work on a $145 million solar and battery storage independent power producer project to be built on the Zanzibar archipelago on the country’s north eastern coast

IFC seeks technical adviser on Uzbek CCGT

IFC has requested expressions of interest from consulting firms to advise on the more than $1 billion expansion of a power plant complex in southern Uzbekistan

IFC, Proparco to lend again on Gabonese rail rehab

The International Finance Corporation (IFC) and Proparco are considering a new debt facility – €101.2 million ($111.7 million) in total – for the €190.3 million second phase rehabilitation of the 648km railway network in Gabon

IDB approves loan for Bahamas renewables initiative

The Inter-American Development Bank (IDB) has approved a $170 million debt investment to rebuild the Bahamas' energy infrastructure, much of which was destroyed by hurricane Dorian

RockRose Energy acquires Cotton gas field

Independent oil and gas production company RockRose has signed a sales and purchase agreement to acquire a 100% interest in Speedwell Energy, which holds a 100% interest in the Cotton gas field

AfDB approves loan and grant for Liberian hydropower

The African Development Bank (AfDB) has approved a $9.1 million funding package for the government of Liberia’s $33.7 million Renewable Energy for Electrification in Liberia project – which includes the development of the 9.24MW Gbedin Falls hydropower project

EIB funds 5G roll-out in Germany

Telefónica Deutschland has signed a €450 million ($498 million) loan agreement with the EIB to support the roll-out of its 5G network across Germany

World Bank backs Lesotho energy access project

The World Bank has approved a $40 million loan package for the government of Lesotho’s $52.9 million renewable energy and energy access project, which aims to bring power to both rural and peri-urban areas of the enclave state

EEP Africa invites applications for renewables grants

Energy and Environment Partnership Trust Fund (EEP Africa) has invited developers to apply for grants to fund early-stage work on renewable energy projects in Sub-Saharan Africa

Fort Nelson LNG facility approved

GasNorth Energy has received permission from the BC Oil and Gas Commission to proceed with the installation of an LNG facility near Fort Nelson, British Columbia

Equinor signs contracts for Brazilian pre-salt

A consortium of Equinor (40%, operator), ExxonMobil (40%) and Petrogal Brasil (20%) has entered into front end engineering and design (FEED) contracts with early commitments and pre-investments for the development of Brazil’s first greenfield oil and gas project in the pre-salt region by an international operator