Sharjah approves water project, UAE
The emirate of Sharjah has approved the AED261 million ($71m) Al Mudina Tank project.
The emirate of Sharjah has approved the AED261 million ($71m) Al Mudina Tank project.
The International Finance Corporation has relocated Muneer Ferozie from the United Arab Emirates to Kenya to take a new role as regional head for transaction advisory in Sub-Saharan Africa
Standard Bank of South Africa is set to sign a senior debt facility of $250 million to finance a portion of the South African lender’s renewable energy portfolio
Norwegian shipping company Integrated Wind Solutions has secured a €118.65 million green senior loan to expand its fleet
Vietnamese electrical engineering equipment company Gelex plans to divest its 140MW operational onshore wind power portfolio to interested international investors
India's largest commercial bank State Bank of India has signed a ¥13.5 billion loan with the Japan Bank for International Cooperation (JBIC) to fund the development and operation of a city gas supply network
The World Bank has backed the $1.14 billion Indonesia Sustainable Least-cost Electrification project with a financial commitment of $500 million
The International Finance Corporation has appointed Mary Porter Peschka as regional director for the East Africa region
The Inter-American Development Bank has approved a Conditional Credit Line for Investment Projects of up to $800 million to support the modernisation of the Salto Grande Binational Hydroelectric Complex, located in Argentina and Uruguay
An Africa-focused impact fund will exceed its target in a second closing which will take place before August, and hit its hard cap by the end of the year
The World Bank has approved a series of loans to Argentina, including a $400 financing to expand access to clean energy in the country
The government of Tanzania has signed with 3 lenders a $72.8 million debt package to finance a 166km overhead transmission line in the East African state’s Kagera region
Peruvian investment promotion agency ProInversión has formally awarded the $323 million Chimbote and Piura Hospital PPPs to IBT Health
Afreximbank and Ghana Railway Company have signed a pre-mandate letter for the project financing of a 299km SGR network in the West African state
UK renewable technology developer Compact Syngas Solutions has secured a £4 million grant from the UK’s Department for Energy Security and Net Zero to help fund a pilot to study the feasibility of retrofitting the company’s biogas plants with carbon capture technology
Africa-focused mobile telecoms firm Eastcastle has signed an $80 million debt package with 3 lenders for its $208 million mobile network towers project in the Democratic Republic of the Congo
Asian Development Bank has entered into a cooperation agreement with Export-Import Bank of China to foster collaboration and co-financing of private sector investments in the Asia and Pacific region
The International Finance Corporation is considering a €375 million debt package for Rabat-based Maroc Telecom to support the latter’s telecommunications business across Africa
The European Investment Bank is expected to sign with Israeli infra developer IDE Technologies a €150 million loan for the €425 million Birkat Miriam desalination plant near Nahariya in Western Galilee, Israel
Vietnam's South Central Coast region wants to gear up its wind capacity by including up to 9.4GW wind power projects and transmission lines into the newly approved Power Development Plan 8
Netherlands-based oil and gas developer SBM Offshore, together with its partners, recently closed financing for the FPSO Alexandre de Gusmão – a deal valued at $2.313 billion, the second largest project finance deal of the year in Latin America
Impact Electron Siam-led consortium's 600MW cross-border onshore wind power project – which will export electricity from Laos to Vietnam – brings the Mekong Delta region closer in realising power interconnection and integration
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