Philippines approves 7 infras worth $2.49bn
Philippines' government, led by the Macros administration, has approved 7 infrastructure projects with a total investment value of $2.49 billion
Philippines' government, led by the Macros administration, has approved 7 infrastructure projects with a total investment value of $2.49 billion
Malaysia’s government has launched an initiative with a 600MW quota for virtual PPAs between corporate consumers and solar power producers (SPP) to encourage the use of green electricity in the country
The Roads and Highways Department is seeking international consulting firms to help prepare procurement documents for multiple road projects in Bangladesh
The Bloomberg Philanthropies and Goldman Sachs-backed Climate Innovation and Development Fund has completed its first set of blended finance investments focused on the sustainable transport sector in India and Vietnam
The International Finance Corporation's first Kangaroo green bond has raised A$900 million
Asian Development Bank has signed a $40 million financing package with GreenCell Express Private (GEPL) to develop electric battery-powered buses in India
The International Finance Corporation has appointed Olivier Buyoya as its new regional director for West Africa
The European Investment Bank is considering a €166 million loan for the government of Senegal’s €354 million project to restructure the Dakar bus network.
The World Bank has approved a $487 million debt package for the government of South Africa’s Just Energy Transition of the 1GW Komati coal-fired power plant
More details have emerged on the financial close of the $821 million deal to restructure the Shuaibah 3 IWPP into a desal-focused independent water project in Saudi Arabia
Indonesian state-owned coal miner Bukit Asam, hoping to develop wind capacity in the archipelago country, has joined hands with state-owned China Huadian for a 1.3GW wind farm in southern China
Japan Bank for International Cooperation has entered into an MoU with Australian company Woodside Energy Group to secure a stable supply of energy and promote decarbonisation goals
Bowmans has promoted partner Allen Leuta to co-head of its Africa infrastructure sector group in Johannesburg
The government of Niger will conduct a “comprehensive diagnostic” of Niger Telecoms to assess options for a renewed private sector role in the state-owned enterprise
Indian pharmaceutical company Zydus Lifesciences has entered into an agreement to buy an additional 0.31% stake in AMP Energy Green Nine Private – taking its total interest in the company to 12.17% on a fully diluted basis
Cambodia’s government has mandated Asian Development Bank to help procure 2GW of solar power capacity as part of the country's energy master plan
Saudi infra developer ACWA Power has signed an MoU with the Egyptian New and Renewable Energy Authority for a 10GW wind farm project
Nigeria has invited RFQ bids for the concession of the $1.3 billion, 700MW Zungeru Hydroelectric Power Plant in Niger State
Indonesia’s government has published guidelines for sustainable blue finance to achieve marine and climate change-related sustainable development
Eight international lenders have committed up to $750 million green financing to state-owned utility Perusahaan Listrik Negara (PLN) for Indonesia's energy transition
Over the past two decades, digitalisation has sped up significantly. Whether it’s on Zoom, Slack, WhatsApp, email, text or the array of social media apps now available, we constantly speak to and work with each other digitally. Paper-based forms of communication have wilted in the face of new digital tools. Most of us probably can’t remember the last time we wrote a hand-written letter
Asia’s infrastructure markets can leverage the increasingly mature sustainable instruments and the availability of multilaterals to stay resilient amid rapid inflation and rising interest rates
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