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DFC takes action on Ecuador

Adam Boehler, the US International Development Finance Corporation (DFC) chief executive, has joined officials from the Republic of Ecuador – including President Lenin Moreno and Finance and Economy Minister Mauricio Pozo Crespo – to sign a framework agreement to refinance debt and support private sector investment in the country

Ukraine to launch road PPPs

The World Bank and the IFC are in the process of completing pre-feasibility studies for 6 road projects in Ukraine that could be brought to the market as PPPs

Empower invites advisory bids on Africa renewables folio

Oslo-based impact fund manager Empower New Energy has invited expressions of interest from consultancy firms for the legal, technical, tax, and model auditor roles on its renewable energy portfolio in Africa

US EXIM bank to fund 5G in Brazil

Export-Import Bank of the United States (EXIM) will finance infrastructure in Brazil totalling up to $1 billion with a special focus on telecommunications (including 5G networks)

PF signed for Brazil's FPSO

Marlim 1 MV33 – made up of companies Modec, Mitsui, Mitsui OSK and Marubeni – have signed a project financing for an FPSO operation project in Brazil’s Marlim oil field

CFM to fund solar mini-grids in Kaduna state

Netherlands-based Climate Fund Managers will provide funding to Abuja-based power developer Konexa to develop a 2.5MW solar PV mini-grids project in Kaduna state, Nigeria

PF signed for Brazil's FPSO

Marlim 1 MV33 – made up of companies Modec, Mitsui, Mitsui OSK and Marubeni – have signed a project financing for an FPSO operation project in Brazil’s Marlim oil field

Ambitious Oz hub reaches milestones

The government of Australia has granted Major Project Status to a renewables megaproject and the government of Western Australia has approved the environmental impact of the first phase comprising wind and solar capacity

Abraham Fund launched

The combined efforts of the US, Israel, and the United Arab Emirates have launched the Abraham Fund, which fulfills a commitment made in the Abraham Accords

EIB supports Tunisian water plans

The European Investment Bank (EIB) has signed 2 finance contracts totalling €38 million ($45m) with Tunisia and the National Water Distribution Utility

EBRD driving innovation in green TF

The European Bank for Reconstruction and Development (EBRD) is joining this year’s NTT DATA Open Innovation Contest as a partner in the search for potential collaborations with start-ups who have innovative ideas in the area of sustainable trade finance

USDOT announces port grants

The US Department of Transportation will award $220 million in funding to improve port facilities in 15 states via the Maritime Administration’s Port Infrastructure Development Program

BNDES to fund Brazil biogas

Brazilian national development bank BNDES has agreed to finance the expansion of a biogas plant owned by Geo Eletrica Tamboara in the state of Parana

USTDA to expand grant support for African infra

The USTDA has issued a call for initial proposals to provide grants for new energy and infrastructure projects in Sub-Saharan Africa

ADM signs on upstream financing

ADM Energy has signed on a partnership deal to activate financing for upstream energy projects in Sub – Saharan Africa

Fal takes key AfDB role

The African Development Bank (AfDB) has named Yacine Fal as its director general to the Cabinet Office of the President – effective from the start of November (2020).

Call for Ukraine trade improvements

Delegates at a two-day virtual event hosted by the European Bank for Reconstruction and Development (EBRD) and the National Bank of Ukraine called for improved policy and regulatory framework to enable the healthy development of factoring

Kasraoui joins Traydstream in ME

Adam Kasraoui has joined Traydstream as global sales and originations lead, expanding its sales coverage of Middle Eastern banking clients as well as a new focus on the value that Traydstream brings to corporate clients