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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

BNDES backs EDP wind in Brazil

EDP Renewables’ Brazilian subsidiary EDP Energias do Brasil has signed a R1 billion ($237.6 million) loan from development bank BNDES to finance six wind farms in the country

ADB shortlists advisers for Vietnam wastewater

The Asian Development Bank (ADB) has requested proposals from three advisory teams to assist Ho Chi Minh City (HCMC) with a wastewater treatment plant (WWTP) project in the city’s West Saigon catchment area

EIB supports district heating upgrades in Poland

The Polish cities of Bydgoszcz and Lublin are to receive $51 million from the EIB to help retrofit existing district heating pipes and substations with new energy efficient replacements

ADB tenders for studies on Suva Port in Fiji

Asian Development Bank, on behalf of the Fiji Ministry of Economy and Fiji Ports Corp, is seeking a team of consultants to assist with a strategic review of the Suva Port in Fiji – in particular options to relocate it or expand

IDB funds Brazilian monorail

IDB Invest will provide a $240 million loan to the Metrogreen Skyrail concessionaire for the construction of the BYD Salvador monorail line, located in the Brazilian state of Bahia

Arun Sharma departs IFC

The IFC’s chief investment officer Arun Sharma has left the multilateral agency after 30 years

Standard Chartered invests in digital LoC platform

Standard Chartered has announced an investment in Contour, a blockchain-based open platform focused on letters of credit that has just reached full commercialisation

AFC ups stake in Gabon economic zone

Africa Finance Corporation has increased its shareholding in the Gabon Special Economic Zone as part of a restructuring of the business hub

Keystone XL begins to move forward

TC Energy Corp has received a right of way approval for its Keystone XL (KXL) oil pipeline to be built across US federal land, pushing the $8 billion project closer to construction

Eneva signs on development bank loan

Brazilian energy company Eneva has secured a R$1 billion ($239 million) loan from regional development bank Banco da Amazônia to finance the construction, operation and maintenance of its Azulão-Jaguatirica Integrated Project

ADB, ING finance Vietnamese solar

An Asian Development Bank trust fund alongside Dutch bank ING have completed a non-recourse wrapped bond and bank loan project financing for a Vietnamese solar asset

DFI lines up debt for Nigerian refinery expansion

The IFC is working on a $50 million debt package for the $140 million expansion of Nigeria Delta Exploration and Production's Ogbele refinery in Rivers State, Nigeria

IFC supports Moroccan transport projects

The IFC has arranged a $100 million loan package for the subnational government of Casablanca-Settat’s infrastructure projects in Morocco – including the construction of two new tramway lines and upgrade of rural roads

CAF seeks consultant for wastewater project in Paraguay

Latin America’s development bank CAF is seeking a consultant to develop advanced studies for the construction of a sanitary sewage system for the Mariano Roque Alonso basin wastewater treatment plant in Paraguay

BNDES to sell stake in Petrobras

Brazilian development bank BNDES has filed a formal request to sell a stake in state-controlled Petrobras

EU backs Dutch hydrogen project

A Nouryon-led consortium has received an €11 million grant from the European Union for a hydrogen project in Delfzijl, the Netherlands

Globeleq closes on DFI-backed Azito expansion

Africa-focused power developer Globeleq has reached financial close on the €330 million, 253MW expansion of its 462MW Azito gas-fired power plant near Abidjan in Côte d’Ivoire

Bhutan to explore airport upgrade PPP

Bhutan’s Ministry of Information and Communications is seeking an adviser to examine aviation capacity, assess four existing airports, prepare an aviation strategy and build capacity at the Department of Air Transport of the land-locked country