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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

Chinese-led consortium wins Cyprus LNG terminal

Cyprus’ national gas utility DEFA has selected a consortium led by China Petroleum Pipeline Engineering Company (CPP) as the preferred bidder for its LNG import terminal project

Standard Bank joins Marco Polo platform

South African lender Standard Bank is the latest institution to join the Marco Polo digital trade finance network

Total, Qatar Petroleum sign asset transfer agreements

Total and Qatar Petroleum have signed agreements to transfer some of the French oil and gas company's assets in Sub-Saharan Africa and Latin America to Qatar Petroleum

UK to double commitment to Green Climate Fund

The UK Government has stated its intention to double its contribution the Green Climate Fund, which is undergoing its first formal replenishment

India tenders new O&G blocks

India’s Directorate General of Hydrocarbons is inviting bids for seven new gas and oil blocks, under the fourth round of the Open Acreage Licensing Policy

DBSA, Green Climate Fund seal African partnership

Development Bank of Southern Africa and the Green Climate Fund have signed an agreement designed to accelerate investments in climate projects in Southern Africa

PwC Legal hires practice head in Hong Kong

Trade finance expert Tejaswi Nimmagadda has joined PwC Legal affiliate Tiang & Partners as practice head of aviation and asset finance in Hong Kong

US EXIM Bank to vote on upsized Mozambique LNG loan

The board of directors of US Export-Import Bank has voted to inform the US Congress of its intention to hold a final vote on a $5 billion direct loan for the $20 billion Mozambique Area 1 project in the Rovuma Basin

European DFIs sign debt for Cairo metro rehab

Three European DFIs have signed on the €605 million debt package for the Cairo Metro Line 1 modernisation project being implemented by Egypt’s National Authority for Tunnels

OPIC signs loan for South African gas project

The US government's development finance institution OPIC has signed a $40 million loan with ASX-listed oil and gas company Renergen for the $55.7 million first phase of the Virginia gas project in South Africa's Free State province

Finacity launches factoring programme for ZIM

Israel-based Zim Integrated Shipping Services has launched a multijurisdictional trade receivables factoring progamme with specialist financier Finacity Corporation

Standard Chartered and SAP Ariba announce partnership

Global bank Standard Chartered and software company SAP Ariba have announced a joint venture to provide to supply chain finance and solutions across a digital network

African Gold Group appoints consultancy firms

Canadian mining developer African Gold Group (AGG) has appointed two consultancy firms for a gold mine feasibility study and a diamond drilling campaign – both to support the $45.4 million Kobada Gold Project in southwest Mali

Equinor makes Sputnik oil discovery

Equinor, OMV and Petoro has made an oil discovery in the Sputnik exploration well in the Barents Sea. Recoverable resources are preliminary estimated at 20-65 million barrels of oil

TriLinc signs deal with Origin Funding Partners

Specialist financier TriLinc Global has signed an agreement with Origin Funding Partners to work together in expand its existing term loan and trade finance investment capabilities through Latin America and Africa

BNDES to receive bids for street lighting PPP

The deadline for companies interested in presenting bids for a street lighting PPP in the southern Brazilian city of Porto Alegre, in Rio Grande do Sul, is 22 August (2019)

Advisers sought for EBRD-backed Lebanon airport expansion

Lebanon’s High Council for Privatisation and PPP has invited bids from consultancy firms to carry out pre-feasibility studies for the Kleiaat Rene Mouawad Airport PPP

BNDES extends loan to Renova

Brazil's Renova Energia has further extended the maturity of its R993 million ($231.4 million) loan with the development bank BNDES

ADB and Uzbekistan sign solar agreement

Asian Development Bank (ADB) has signed an agreement (16 August 2019) with Uzbekistan’s Ministry of Energy to be the transaction adviser on a solar energy IPP programme estimated to cost $800 million